Tag Archives: sell junk car Indianapolis

Sell Your Junk Car Now While Metal Prices are Good

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Junk cars, although junked, are still of value. Their inner components are made of all sorts of valuable materials that can be repurposed and recycled for the sake of our environment and local economies. Because the profit you can make from selling a junk car is greatly dependent on current market prices for metal and alloy, it is wise to sell your junk car when prices are high. Right now, the metals and materials retrieved from junk cars, like iron and steel, are fair. So now is a good time to sell your junk asset while you can still reap a decent profit.

Continue below to review the current metal prices for iron, steel, and additional common automotive scrap, as well as, where to get paid cash on the spot for your junk car in Indiana.

Indianapolis Cash for Cars Company 317-247-8484
Indianapolis Cash for Cars Company 317-247-8484

Automobile Scrap

The most sought-after metals and alloys within junk cars are iron, steel, copper, and precious metal like gold and platinum. Gold and copper can be found within computer systems like GPS and stereos, while platinum can be retrieved from the catalytic converter. Iron, steel, and relative alloys can be found all throughout every other component within a vehicle. The more the car weighs, the more metal it contains, and therefore, the more money it is worth.

Current Metal Prices (as of February 12th, 2020)

? Shreddable Steel – $90.00 per ton
? #1 Steel – $101.00 per ton
? Iron – $66.00 per ton
? Copper – Between $0.47 and $2.05 per pound
? Gold – $1,568.21 per ounce
? Platinum – $967.47 per ounce
? Car/Truck Batteries – $0.20 per pound
? Alternators – $0.14 per pound
? A Complete Car – $84.00 per ton

*Values derived from iscrapp.com

We are Your Leading Indiana Junk Car Buyers

Call Zore’s Inc. at 317-247-8484 to sell a junk car for cash in Indianapolis and its surrounding locations. We are a premiere Central Indiana cash for cars business that pays cash on the spot for any motorized commodity, regardless of age or condition. We accept any and all vehicles, trucks, vans, boats, water crafts, construction equipment, farming equipment, motorcycles, scooters, airplanes, and even used auto parts! Request a free estimate, today.

Indianapolis Junk Car Buyers 317-247-8484
Indianapolis Junk Car Buyers 317-247-8484

How to Yield a Profit From a Junk Car

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Junk vehicle owners can take the easiest and quickest route by choosing to sell their asset directly to a buyer. There are countless buyers on the market for salvaged cars and other motorized vehicles, and for several reasons. Although selling a junk car as a whole may cut into your profit just a bit, it makes up for all the time and effort you save yourself in the process. When most parts are not functioning, direct selling is usually the best and only option. However, you have other options for profiting off of your junk car as well.

Continue reading to learn the top 3 options you have for making your junk car valuable again!

Indianapolis Cash for Cars 317-247-8484
Indianapolis Cash for Cars 317-247-8484

❶ Sell to a Junk Car Buyer

Junk car companies are a fast and convenient option for making a quality profit from a junk car. Common buyers for junk vehicles include auto salvage yards, junkyards, metal recycling centers, private parties, auto body shops, and even metalwork manufacturers. The internet opens doors to thousands of consumers looking for exactly what you are selling, especially in the automotive market.

❷ Sell Individual Junk Car Parts

Another option for profiting from a junked car is selling its parts individually for a higher profit. Although this is a more tedious and difficult approach that requires the skill of a licensed mechanic or trained mechanic, it renders a much higher profit. Headlights alone go for more than a few hundred dollars, brand new. Other parts like motors, radiators, exhausts, catalytic converters, fuel tanks, and more are all sought-after car parts that can be refurbished and sold for a profit so long as they still work.

❸ Keep it for Yourself

Last, you can simply choose to keep a junk car in the case that your current one needs new parts. As mentioned, some automotive parts are extremely expensive to repair or replace, so having your own private inventory of spare parts is a highly-lucrative asset. That’s something to definitely consider if you own an old car or truck and want to make good use of it.

Indianapolis Junk Car Buyers

Call Zore’s Inc. at 317-247-8484 to sell a junk car for cash. We are premiere Indianapolis cash for cars business that pays cash on the spot for any motorized commodity, regardless of age or condition. We accept any and all vehicles, trucks, vans, boats, watercrafts, construction equipment, farming equipment, motorcycles, scooters, airplanes, and even used auto parts! Request a free estimate, today.

How to Determine if a Car is Totaled

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Indianapolis Cash for Cars 317-247-8484

Indianapolis Cash for Cars 317-247-8484

When a vehicle is totaled, it is considered a “total loss” since the value of the vehicle is significantly less than the cost to repair its damages. In this case, drivers typically accept a total loss financial settlement from their insurance carriers for the value of the vehicle right before the accident happened. The amount of compensation a car owner gets back depends on their coverage and benefits within their insurance policy. Full coverage with additional benefits, most often covers more than partial or liability coverage.

For those who are not insured, or have minimal coverage, little to no compensation is most likely. In fact, driving without insurance and causing an accident are criminal laws that are subject to legal penalties. So not only will an uninsured driver receive zero refund for their vehicle, they are likely to face criminal penalties like jail time, fines, fees, probation, or community service. Continue reading to learn what makes a car totaled, as well as, who to trust for superior automotive repair for vehicles that are not a total loss.

What Makes a Vehicle a Total Loss?

The state retains specific stipulations or requisites that gauge a vehicle’s value after a collision or accident. Most often, states decree that vehicles damaged more than 75% of the vehicle’s actual cash value, it is a total loss. So if a car is worth $4,000, but its damages will cost more than $3,000 to repair, it is considered a total loss by the state. Other states use an 80 percent damage scale, like Florida.

Indianapolis Junk Car Buyers 317-247-8484

Indianapolis Junk Car Buyers 317-247-8484

A particular myth about totaled vehicles has to do with deployed air bags. It is true that most deployed air bags will turn a vehicle into a total loss due to the high cost of airbag replacement. The cost of damages plus the cost of airbag replacement often times results in more than 75% of the car’s cash value. This is more frequent in highly-depreciated or older model vehicles. Sometimes though, a deployed airbag does not always mean a vehicle is totaled.

New cars whose airbag deploys for braking suddenly will not make the car a total loss, it will simply just be an expensive repair. Vehicles that are damaged 50% to 70% can still be repaired after a bad wreck or accident! Front ends, dashboards, and more can all be fixed by a licensed auto repair technician. Be sure to compare quotes to get a fair deal, and only trust a licensed and experienced mechanic to get the job done right.

Where to Sell a Junk Car in Indianapolis

Towing and Recovery

Zore’s Inc. 317-247-8484

Call Zore’s Inc. at 317-247-8484 to sell your junk car for cash on the spot in Indianapolis. We offer the fairest and highest cash payouts for junk vehicles, appliances, construction equipment, machinery, and more! To get fast cash for junk cars in Indianapolis, just call 317-247-8484 and request a free quote today.

Step By Step Instructions for Selling a Junk Car

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Do you own an old junk car that is taking up valuable space on your property, or worse, someone else’s property? If so, then learn how to sell that junk car for cash! Read on to educate yourself on details to selling a junk car in your town.

Indianapolis Junk Car Buyers 317-247-8484

Indianapolis Junk Car Buyers 317-247-8484

How to Sell a Junk Car

First, evaluate the status of the car’s condition. Does it run? Does the engine turn over? Does it have tires? Is it just a frame? Are there valuable parts in tact? These questions and more will help assess the value of your junk car. The valuable car parts that many junk car removal businesses like to see are catalytic converters, batteries, tires, and more. The value of the car and the condition it’s in will determine the amount of money you’ll receive in exchange.

Once you have figured out the car’s condition and value, you can begin shopping around for companies to sell it to. Start with an online directory or phone book; there you can look up “Cash for Cars” and begin calling each one in your area. Be sure to give an accurate description of the junk car you are trying to sell. This way you can get the fairest offer on your car. It also helps the assessor determine the right price to offer. Be sure to compare prices and options before committing to a junk car dealer.

Once you have determined which company to go with, you will need to find the title to the car. If you cannot find the title, visit your local BMV for information on applying for a duplicate car title.

Your last step simply involves trading in your junk car to the buyer of choice and receiving your cash.Typically, a junk car dealer will tow the vehicle away. They will set up a time with you to come pick it up. Be sure to not miss this appointment! If you are using a salvaged car dealer that cannot tow your junk car for you, then call your local tow company and see how much it will be to have them tow the vehicle.

If you cannot afford to tow the vehicle, ask a friend with a tow hitch to transport your old car to the junk car lot. If that is not an option, you will simply have to forgo some the of the cash you are receiving for your junk car to pay a tow company. Be sure to use a company that provides free tows to avoid this situation!

Where to Sell a Junk Car

Indianapolis Junk Car Buyers 317-247-8484

Indianapolis Junk Car Buyers 317-247-8484

Call Zore’s Inc. at 317-247-8484 to sell a junk car for cash. We are premiere Indianapolis junk car buyers who pay cash on the spot for any motorized commodity, regardless of age or condition. We accept any and all vehicles, trucks, vans, boats, watercrafts, construction equipment, farming equipment, motorcycles, scooters, airplanes, and even used auto parts! Call 317-247-8484 to request a free estimate, today.