How to earn from your junk car through a junkyard

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. The only thing you can do with your car is sell them to a junkyard or sell to another person. Selling an idle car to someone is so expensive that you have to take all the clearance documents. Rather than selling it, go for scrapping it and earn some cash. The rate won’t be that much of your car’s worth, but still, you will get a fairly nice rate.

Contents

• How to select one junkyard or scrap yard?
• How much you get from a junkyard

How to select one junkyard or scrap yard?

There are vast number of junkyards near you. But the point you have to think about is whether they all are good. You need to do some research and look into the reviews before choosing one. Ask for quotes from multiple yards. Even though your car is rusty, but still it is scrap worth. When handing over our beloved car to them, you should first ask for a quote. If the rate is comparatively good with the present market condition, go for it. Also, make sure the yard you selected has the license to run the business.

When giving your car to the junkyard, remove all the useful things such as tires, seats, radio systems and the most expensive thing, the car catalytic converter. These things are valuables that you can sell it to corresponding dealers for more money. If you are choosing a scrapyard, they will provide you cash for your junk car including the rate of scrap metals. Otherwise, you should choose an online buyer to sell these components.

How much you get from a junkyard

When compared with selling your car, cash for a junk car would be low. You should remove all the useful things inside your car and then give them to the yard person. The useful things mainly are tires, seats, radio systems, catalytic converters etc. You can still achieve more money by selling these items to respective scrap stores.

A junkyard usually accepts junk car and give you the price as per the metal weight and model of the car. Sometimes, they would give you a price of valuable items that can be recycled. Some yards also charge towing prices and transportation charges. Some might play bait and switch policy and you only get a low price.

A scrap yard would consider your car as whole junk and give you a price deducting their expenses. A junkyard might have the accessories to dismantle your car and give you the rate according to the metal and expensive parts. Whether it is a scrapyard or a junkyard, you would get a rate only based on the metal weight and car model.

Conclusion

Scrapyard or Junkyard: Which one is better? The answer should be chosen by yourself. This is only based on your requirements. If your car is still a running one, these yards would pay you more. But, if it is not, the price would be low. Scrapyards only eyes on the metal of the car which can be recycled. Junkyards would separate the parts and based on the total weight of the car metal and the parts’ worth, they might pay you. However, irrespective of yard type, you would be charged with their transportation fee, inventory fee, storage fee etc.