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How to calculate my scrap car worth - A brief about scrap car value calculator

Updated: December 05, 2023

Contents

  • What is a scrap car and how can it be converted to cash?
  • How to calculate scrap cars’ worth
  • Scrap car value calculator
  • Average value of scrap cars
  • Value of Components Inside

What is a scrap car and how can it be converted to cash?

A car that is idle for a long time, specifically for more than 10 years, is known as a scrap car. Even if it is functional, it is not road-friendly. The very next question commonly asked is what to do with our scrap car. It’s obvious, any of us don’t need them to go away from us. However, staying idle again for yet another decade will only destroy them. With much heartbreak, if you reach to sell or scrap them, better is scrapping. You will get cash from it and can even buy another precious thing.

How to calculate scrap cars’ worth

Generally, scrap cars’ worthiness rely on its metal. Even if the car is old, it is still in demand because of its mileage and components. There are many scrapyards near you. However, you should know the latest scrap metals price and components rates

Scrap car value calculator

For calculating your scrap car value, you need to put parameters such as the weight of the car and the market rate of the scrap metal. A general estimate will be provided by the scrap car value calculator. The value will be different based on different locations, present market value, and current condition of your vehicle and weight of your car.

Also, the components inside are in good running condition, you can resale them. Engine, catalytic converter and transmission yield you money. If your car is still in good condition, you still have the option to sell it instead of scraping it.

Average value of scrap cars

On average, scrap cars will get approximately between $100 and $300. As per the metal type and the components present inside the car you will get more money than the general estimate. Common scrap car metals are aluminum, steel, brass, copper and precious metals like Rhodium, Palladium and Platinum. Knowing more about these metals will give deep insights into their prices. Scrapping and extracting these metals is a conservation. This helps to reduce the environmental impact of extracting new metals from alloys. First, know the latest scrap car metal price and call an honest scrapyard.

Value of Components Inside

Good-conditioned cars are not only worth by their metal but also by their components inside. You will get money from the catalytic converter. The average rate of the same is about $1,000. The rate of a car battery ranges to $ 20 and same as for a radiator. You can also sell the radio system and other components such as seats, tires, airbags, alternators etc.

In concluding, it is better to know about the scrap metals and things inside your old car before handing it in for scrapping. Junkyards are many out here that can help you to scrap and earn. Most of the junkyards will give around $160 per ton. The price may vary as per the location, make and model of your vehicle.

 

 

More Help Topics

Junkyard is literally a burial place for our old vehicle. As per the rules and regulations, vehicles of more than 15 years couldn’t be taken on the road. Read more...

Your junk car is simply not junk material. You can earn money from its various parts. But, you need to know which parts are worth selling. It’s all based on the metals that a car contains. Read more...

A car catalytic converter is the most expensive thing inside your car. This is the compulsory equipment in your vehicle to comply on US environmental protection rules and regulations. Read more...

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