How much cash can I get in exchange for my scrap car? This is probably one of your top questions if this is your first time learning about scrap car removal services.
The popular belief is that you won’t earn much cash from a scrap car. After all, it’s just a piece of junk that costs way more to repair than its actual worth. But it’s actually possible to get quite a fair amount of cash even for a rusty old machine. You can estimate the worth of your vehicle before sending it to a scrap car removal company by looking at the following factors:
- Current Market Worth
Your first step is to look into your vehicle’s current market worth, specifically in Australia. This price is what people and dealerships would be willing to pay for your car and is affected by national sales trends, local economic conditions, and auction data.
Luckily, obtaining this data is easy. You can refer to car valuation websites based in Australia like Carsguide.com.au and Redbook.au.com. Take note, however, that a scrap vehicle is most likely to sell for minimum worth due to other factors.
- Weight Of Your Vehicle
How does weight affect the price of your vehicle? This is because weight is often associated with how much scrap metal your car contains.
For example, the average car contains about 1080kg of steel, which currently sells for $1-$1.50. Aluminium, which makes up about 10% of the weight of your vehicle, also sells for around the same price.
You can quickly figure out the weight of your vehicle by checking its owner’s manual or looking up its details online!
- The Demand For Parts
Scrap cars aren’t totally useless. In fact, if you look hard enough, you might still be able to salvage a few useable spare parts.
Some car removal services even sell the spare parts they’ve recycled, including mirrors, headlights and taillights, seats, engines, transmission systems, and exhaust systems. Plus, the rarer the part, the more in-demand it is, hence the better its worth. For example, the top-selling products on ecommerce platforms are car chargers, GPS trackers, tyres, and inverters.
- Location Of Your Vehicle
Finally, some scrap car removal companies may consider your location before picking up your vehicle. If you live in Sydney, it’s best to contact a provider near you.
Amazon Cash for Cars is a licensed car removal company that will give you the best worth for your scrap worth, whether it’s a damaged SUV or an old sedan. We can offer up to $9000 in cash, along with free pickup services and instant quotes. So call us now at 0422 784 920 to book our services!