How much is your scrap car worth? Contrary to popular belief, car scrappers in Sydney don’t just take one look at your vehicle and decide its price from there. The process is similar to how you would value any other product; it takes thought, careful inspection, and several factors.
Car scrappers in Sydney and how they determine the value of your vehicle
Did you know that professional car scrappers can pay you up to $9000 for an unwanted vehicle? But before you get your hopes up too high, they need to examine different factors, including:
Your Car’s Make, Model and Year
Do you own an old Nissan Altima model or the classic Ford Mustang? Chances are these cars’ scrap value differs greatly from their value when they were brand-new.
If you’re looking for a rough estimate, a junk car’s value may be worth around 20% to 40% of its used price. However, you must also consider how common the vehicle is. Rarity does not necessarily mean greater value.
For example, a commonly driven Ford SUV may be worth much more than a rarer Dodge Neon. This is because a Ford model’s parts may be more in-demand than the latter. On top of that, material prices can vary from year to year, playing a significant role in determining your scrap car’s overall worth.
The Current Price of Scrap Metal
Scrap metal is still worth a lot these days. Many manufacturers rely on it to produce new products. But why is this case?
Recycling metal is much better for the environment; however, aluminium and steel prices tend to fluctuate. If you want to get the best value, monitor its prices through online platforms like iScrap and Scrap Metal Sydney.
The Demand for Parts
Aside from scrap metal, your car is made up of several parts that may still be salvageable. Professional scrappers take apart engines, tires, and lights, refurbish them, and sell them for a reasonable price.
If your car still has parts that can be repaired or recycled, you can sell them to scrappers for a higher value.
The prices of scrap metal and spare parts may change each year, but there’s one more factor that determines their prices: your location.
For instance, a car that’s popular in Sydney may not have the same number of drivers in the United States or England. This directly affects demand, making your vehicle more or less profitable.
Where to find professional car scrappers in Sydney
Amazon Cash for Cars is your best bet if you’re looking for reasonable prices for a scrap car. We can offer you up to $9000, depending on the factors mentioned above. Plus, our services are free, from towing to dismantling. Just call us 0422 784 920, and our professional scrappers will inspect your vehicle to give you the fairest value.