When it comes to buying and selling cars, junk vehicles have value too! In fact, you have several options to choose from if you own a junk vehicle or other type of motorized commodity. Cars, trucks, vans, buses, motorcycles, tractors, and more, can all be sold for cash on the spot to a local and trusted Indianapolis junk car dealer! But before you decide to sell a junk car for cash, it helps to learn some basics about the industry.
Continue reading to review some frequently asked questions about junk cars.
What Can I Do With a Junk Car?
Junk cars really do have value. Whether or not that value is monetary depends on what your intentions are with your junk vehicle. Junk cars contain a whole bunch of metal, all of which can be repurposed in a variety of ways. This means that junk vehicles can be sold as a whole, and then broken down into scrap metal. It also means they can be dismantled for parts and sold piece by piece. Parts that are still operational can be cleaned and refurbished, and then sold as used car parts. Aside from parts and scrap metal, junk cars can also be turned into works of art by metalworking artists. These are just a few examples of what you can do with your junk car.
How Much is a Junk Car Worth?
The amount of money paid for a junk car depends on a few factors, but primarily, it depends on the current market values for metal. Other important factors include weight, total amount of metal, and whether or not the car still runs. Right now, a car owner can expect to receive anywhere from $150 to $300 for a junked vehicle. Professional dealers typically retain electronic weight scales, XRF analyzers, and other forms of modern technology to assess the value of a vehicle. They also use market values for vehicles.
Do I Need a Title to Sell a Junk Car?
You can still sell your junk car without a title, but you will need to provide alternative documentation that proves you are the true owner of the vehicle. This may include your registration. If you do not have any other documentation, you may apply for a duplicate title instead. If your title is lost, faulty, or destroyed, you will need to apply for a Certificate of Authority.
How Do I Sell a Junk Car?
First, locate or obtain proof of ownership for the vehicle. Then call a local Indianapolis cash for cars service and tell them the year and model of your vehicle. You will receive an instant quote over the phone; if you accept the offer, you will schedule a time to have the vehicle collected. Next, collect all of your personal belongings from the vehicle, including the license plate. Before the tow truck arrives, have the title signed and ready for transfer. When the tow truck operator arrives, you will hand them the signed title, fill out some more paperwork, and then receive your payment.