Where to get the highest value for my junk cars?

Yes, you are in the right place , we will make sure to get you the highest value for your old junk cars.

how do I know if I have a “junk” car?

A junk car is damaged beyond repair. There are many ways your can get cash for you “Junk” car.

But in-order to do that you need to determine if your car is junk first. It is important to do some research on the value of your car and car parts, in order to understand the market value. You can perform this assessment by deducting repairs, missing parts, functionality, and condition of the car. Kelley Blue Book and the CarFax are both great resources to help you determine your car’s market value.

This assessment will provide you a baseline for the market value of your car for negotiations. Even if your car is totalled, but has working parts (either rare or commonly used), you might be better off somewhere that’s not a scrapyard. Having a unique car is another reason you might do better outside a wrecking yard. If you find that you have indispensable car parts, then consider parting out your car and selling part by part. Parts like your radio, rims, AC system, windshield wiper arms, battery, doors, fenders, catalytic converters, or a GPS system can be resold on online marketplaces, like eBay, and Facebook.

However, keep in mind that parting out your car is challenging if you do not have the right tools. Not to mention the labor and time it requirement. It is important that the parts are disassembled properly by a professional. Any damage to the parts could depreciate its re-sale value. Following the extensive labour, you’ll need to go into doing inventory, pricing, and selling the parts individually. This process will take time and after the most expensive parts are sold, consider what remaining value (if any) the gutted frame may hold. Getting rid of an empty body and frame may also be trickier than you think.

However, if you determined that your car is indeed a junk car, then the next question to ask yourself would be; how much can I expect to get for my scrap metal?

Scrap prices vary from day to day, just like a car’s market value. Scrap Monster is a solid resource (typically gives you price per pound). You should be prepared to accept around $0.01 for every pound of steel, $0.28 and up for every pound of aluminum, and about $0.51 for each pound of insulated copper wire.

You can research about the scarp yards in your area and confirm that your yard is properly licensed.

To ensure you’re protecting yourself from possible liabilities, including fraudulent payments, through research is key prior to making a decision on the yard. It’s also possible to be sued for improper transfer of a motor vehicle, so it’s worth taking the extra minute to confirm legitimacy. Reading reviews on accredited websites or asking for references is always a good idea.

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A good question to ask the scrap yard “Will you have to pay for junk car removal, or drop my car off?”

If your car is totalled, this could cost you a more money that expected. However, some yards will tow for free, and some charge a fee for junk car removal. They might ask you to arrange delivery yourself, which could be significant in terms of effort or cash, depending on where you are in proximity to the salvage yard.

Once you find the right scrap yard, it is time to get your car and documents ready. Following are steps to take:

1: Know the legal requirements of your Province, since they vary.

2:Remove license plates and have your car title ready to sign over.

3: Grab your personal belongings from your car.

4: Check the glove box, trunk, consoles, under the seats, etc.

5: If you have a decent amount of gas in the tank, you could siphon that out too.

SmartScrap pays cash for junk cars

If you’re looking for an easier junk-car-removal alternative, smart scrap loves junk cars and we pay on the spot. Just answer a few questions about your car and we generate five offers based on market value from five different SmartScrap Partners” Scrapyards, Used Car Buyers, Couriers” . (Our Team will Make sure to get you the highest pay out , that is how we make money and run our business to pay you the highest possible price so we can charge our partners the percentage .) You have five days to accept our offer and then we’ll send our partner to pick up your car for free. No research, no haggling, no stress, no hoops, no tricks. SmartScrap is the newer, better, easier, faster, Secure  way to sell that junk car and free up your drive way for the shiny limbo 🙂 .

Get your instant offer in minutes right here.

We work with a lot of junkyards in your neighbourhood and across the country so that you don’t have to do this kind of legwork or worry about negotiating. When you sell your car with SmartScrap, we make it faster, easier, and awesome—with instant offers, and free pickup on our partners!

What is a totaled car or total loss vehicle?

Owning a car almost always has its ups and downs. One of the most major downers is, of course, accidents, which happen even to the best drivers in the best cars.

After an accident, your insurance company will want to gauge the severity of the damage, whether your car is worth repairing, and if it might now be considered a “total loss.” Let’s explore what that means.

what is a totaled car?

A “totaled car” or “total loss vehicle” is unrepairable, or if it is, the total cost for its repair will be more than the estimated value of the vehicle. However, the criteria for determining totaled cars vary from state to state. For instance, some states consider a vehicle damaged by over 70 percent of its value to be a total loss vehicle.

what are your options?

Whether you have been involved in an accident or your car has simply served its time, no one wants a useless, totaled car sitting around taking up space. Fortunately, all is not lost—here are some options.

let the insurance company have it

Depending on your state and how your insurance company operates, you can ask your insurer to pay you for the total loss vehicle. Depending on the rules and regulations, your insurance company can either replace your totaled car with a comparable one that runs or offer you a cash payment approximately equivalent to your total loss vehicle.

The risk you take with this option is that you’re basically paying for convenience and often don’t get what your car is worth. You can always challenge your insurer’s offer, but you know how it is with stuff like this—the process is pretty tedious. Additionally, if you still owe a car loan to your lender, that adds a whole other layer of complication.

drive it anyway (be careful!)

In some cases, total loss vehicles are still drivable. Getting comprehensive insurance for a total loss vehicle can definitely be a challenge, and oftentimes driving a car that’s been deemed “totaled” is not exactly enjoyable or safe. We’d say you should not do it, but is it possible sometimes? Yes.

sell that baby

While it is true that not ALL totaled cars can be resold, reselling your total loss vehicle is generally your most viable option. If your car model can be resold after being declared totaled, we’d go ahead and grab the offer with both hands.

First, you answer about a dozen questions about your vehicle and, bam, you get a for-real, no-pressure cash offer, which you can take your time and think about for seven whole days. If you accept, you’ll create an account, schedule your free pickup, and get your money on the spot.

what is a salvage title?

When a car suffers significant enough damage, the DMV swaps out its regular title for a special “salvage” title, basically to indicate the severity of the condition to any future buyer (which, as you can imagine, typically makes it harder to sell—you know, unless you’re selling to www.smartscrap.ca). Salvage titles also generally reduce a car’s value. Often, a vehicle with a salvage title has been involved in a significant accident, but other types of damage are also possible, like:

  • Hail damage
  • Theft recovery
  • Vandalism
  • Flood damage
  • Non-repairable damages

Cars with salvage titles are extra-hard to sell mostly because getting a car loan and getting the car insured are both hard, plus you have minimal resale options when you buy a car with a salvage title.

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and there you have it

In conclusion, friends, a totaled car is one that has been badly damaged and cannot be repaired at a reasonable cost. While some totaled cars are still drivable, it’s not super cool or safe to drive them around. At the point a car is totaled, drivable or not, most people would say disposing of it, if possible, is your best option.

And with smartscrap, a totaled car is not a total bummer. We take the hassle out of selling a (very) used car—with real instant offers, flexible free pickup, and fast cash (usually check).

Don’t cry because it’s over; smile because you’re getting a bunch of cash for a car you don’t want anymore. Contact us today to get an instant offer.

Things to know or do before scrapping your car

You have a scrap car parked at your driveway or at the garage and you don’t know what to do with it? Are you wondering getting it fixed is better or sending it to the scrapyard?

If your car is too old to repair or its repair cost is too high, the best way to deal with a junk car is to send it to the junkyard and exchange it with quick cash.

Here is what people usually do before sending their cars to the scrapyard in Ontario:

  • Prepare your documents: In order to scrap your car you need to transfer the ownership to the dealer, so, you will have to show the dealer your proof of ownership. Therefore the first thing is to make sure that you have your vehicle’s ownership ready. Also be aware of frauds! If someone takes your car without the ownership, it’s shady and you might go to be involved with the possible future criminal investigation. If you lost your car ownership document, you can easily get it replaced at Service Ontario at a cost of $32.
  • Remove your personal belongings: Look out for any valuable personal belongings you might be leaving at the vehicle and collect them all. Make sure to check under the seats, seatback,s, and side pockets and empty any other storage components.
  • Remove car’s valuable parts: You can remove all valuable parts like entertainment systems or any other valuable accessories and parts. even you can replace your tires with the old ones or take off alloy wheels and replace them with steel wheels if you have one, and sell it to the second-hand markets like kijiji or local mechanics. Focus on squeezing as much money as possible.
  • Take off the license plates: Remove your license plates and keep them for your next vehicle or if you are not going to buy a new car soon, you can dispose of or return them to Service Ontario and get credits for the remaining months.
  • Cancel your car’s insurance: If you cancel your insurance you are not going to pay any other recurring payments until your policy expires. And in case you have paid the full annual coverage upfront, you can get refunds for the remaining months.

Does the brand of your car make a difference to its scrap value?

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No matter what brand you have, you will get some money for scrapping it, however, you may be wondering does the brand of your car make a difference to its scrap value?

When your car reaches its end of life, you’ll probably want to make some money out of it, especially when you have paid more to buy the car at the beginning. All cars, whether expensive or cheap, reach their final day someday. So it’s better to be prepared and know how much you can get for scrapping your old, scrap car. You can then make a decision to sell it as a used car or send it to a scrap yard to gain as much profit as possible.

Do some brands have a better scrap value than others?

Most of the time, YES. The make and model of your car has an impact on its scrap value. The more expensive the brand of car, the more you will get for scrapping it. But this is not always true as there are also other important factors like the condition of the car and weight.

Weight is one of the biggest factors of scrap car prices. That’s why some heavy cars like Ford and Land Rover, worth more than other luxury brands like BMW and Mercedes. The heavier the scrap car is, the more scrap metal is on it.

Should I Sell off some individual parts of my expensive car to profit more?

There are many buyers in the market who are interested in particular parts, but having them removed can have a significant impact on the weight and therefore the price of the scrap car. Therefore, selling off some sell-off individual parts may be worth it, but you should always consult with someone professional, otherwise, it is not recommended. Plus, some parts of the car are toxic and hazardous and need extra precautions to removed. If you wanted to do so, ask someone expert to remove the parts for you.

How much do you get for scrapping a car?

That rusted-out piece of trash in the driveway could be worth hundreds of dollars in parts and scrap metal. Isn’t it great to get rid of old trash and receive a good cash prize in exchange, even if it’s only worth a few hundred dollars? After seeing how much do you get for scrapping a car, you might be more motivated to scrap it. To get you started on your way to a great financial gain let’s look at how to calculate a scrap car value and find out how much your old scrap car is worth.

Top factors to determine the value of a scrap car

MAKE, MODEL AND YEAR

The most key factor that goes into calculating the price of a scrap car is the type of vehicle. The current market worth of the car is determined by the year, make, and model of the vehicle. You can find your used car’s average value from Canadian Black Book, however, scrap cars are valued differently, especially if they have several issues that prevent them from operating. Scrap cars worth a maximum of one-third of a used car. If the car is still in a good shape and running or the damnd for its parts is high you can get this offer.

SCRAP METAL MARKET PRICE

ُScrap metal price is the second most important factor. This isn’t something most typical car owners consider, yet it plays a significant role in determining the value of a scrap car. According to World Steel Association and The Aluminum Association, 60 percent of the average today’s vehicle body structure is steel and 16 percent is aluminum. Even cars that aren’t salvageable can be recycled into scrap metal and turned into new items.

VEHICLE CONDITION

The condition of the car is another factor that scrap car buyers are taking into consideration. They can decide whether to salvage the car, resell the car or its parts, or. If your junk car only has a few problems, you can expect a better offer than if it’s a dead car. If the entire cost of repairs to get it working again is higher than its value, the scrap car buyer is not willing to salvage the car and is going to scrap it, thus; the offer you get is only based on the scrap value of the car.

LOCATION OF THE CAR

Location is the last factor that has an impact on the offer. This has a minor impact on determining the value of a scrap car. Although most scrap car removal companies offer free removal, they consider transportation fees in the offer. Therefore, the closer you are to the scrapyard, the better your chances of getting a better price. Plus, the price of scrap metal may vary region by region.