Can I Junk My Car for $1500 Cash?

There comes a time when you realize that your car can no longer do its job. And it’s gone from your car to just being a clunker or a piece of junk. And now you find yourself looking for cars for cash near me to find yourself a good deal to get rid of your car.

But you’re wondering if you can get the right amount of money for your car if you choose a service like QuikCar; you probably would. But there are a few considerations before selling your car and the final determination of the price.

Yes, you can get $1500 for your car, but there are a few things that you need to keep in mind. We’ll be helping you ensure that you get the right price for any cash for junk car deal you make.

What Determines the Price?

So you want to get $1500 or, hopefully, more for your beloved junk car? It’s natural to want the best possible price at the car for cash near me vendor that you’re taking it to. To understand what determines your value, let’s put things into perspective for you.

Most of the price of the car is going to come from its metal content. So most vendors who’ll buy your used car to scrap or junk will be interested in the metal content of your vehicle.

The metals in your car can be recycled and reutilized to manufacture various items, including new car parts. All of the different metals in your car have established markets and prices. Metals like steel, iron, aluminum, copper, and even rare metals like platinum and palladium have a scrap value. This scarp value is based on market prices that fluctuate daily.

So, by that estimate, the more metal there is in your car, the more cash you can get. Larger vehicles like trucks and SUVs have a higher value than sedans or mini cars, and so on. So if you’re looking for cars for cash near me, then expect to get more cash if you’ve got one of the bigger cars. As a point of reference, an average car has around 1000 KG of steel and 120 KG of aluminum.

Beyond the metal

The value of your car goes beyond the metal that can be extracted as scrap. Even if your car is totally junked, it may still have several parts that could have resale value in secondary markets. So you could come to a service like QuikCar, and you could the value for not just the scrap metal but the other resell able parts.

And if you are lucky enough to have a popular model that has had a good sale for several years, then you get more than just $1500 for junking your car. The value that you get is not just the scrap but also mechanical, body, and even interior parts if they are in a decent enough condition.

If your car to be junked is a luxury brand, then you can definitely get more value than the scrap metal in your car. Luxury car parts tend to be expensive, and there is substantial demand for second-hand parts. So when you’re looking to junk your car, make sure that the reusable parts are part of the deal. You could be pleasantly surprised at what is offered to you.

Avoid Getting Scammed:

There are a lot of good services out there like QuikCar that have cars for cash near me deals. But like any other industry, there are scammers around who want to undersell you or get you to give your car for free. We’ve compiled a list of things that you have to watch out for:

The Towing Woes

Often less reputable companies will try and avert any discussion about whether towing is part of the deal or not. They do this to add it as a bonus charge which tends to be expensive and can eat into what you can get for your car. Additionally, avoid paying in cash to tow truck drivers coming to pick up your car. Make sure towing is included in your cash for junk cars deal. Otherwise, find a different vendor.

The Altered Deal

The altered deal refers to the situation where the agreed-upon deal suddenly changes as the car is to be towed, and the change is usually unfavorable for you. Usually, this is pulled off by doing a “last-minute inspection” that suddenly deems your car worthless or of much lower value. In this case, tell the tow truck or vendor that the deal is off and find a different buyer.

Delays In Money

Do not ever hand over your car before the correct payment has been made to you. There is a lot that can wrong in case the payment is delayed. Things like altered deals to the deal falling through and you being saddled with towing and storage charges. This means that you mind end up paying more than the $1500 you were looking for getting your car junked.
No value?
If a vendor says that your car has no value, but they are willing to take it away for zero charges. Do not trust them. The car is at the very least worth the scrap metal that can be acquired from it, irrespective of its overall condition. If you hear this, then simply stop communicating and move on to the next vendor.

Reluctance On The Transference Of Title

If any cars for cash near me, dealers that you find are reluctant or do not talk about transferring the car’s title, that is a big warning sign. Because in case of any issues, you could be deemed liable since the car is still under your name.

It could be a number of things, from storage fee scams to illegal usage of cars and more. So as a precaution, always check with the DMV a week or two after the sale to make sure the transfer has gone through.

Questionable Offers

Sometimes junk dealers will offer coupons for super discounts or free stuff, but don’t let that fool you. These are all ways for you to accept a lesser value for your junk car. Usually, these offers have severe limitations or narrow windows to avail them. And in some cases even spend money to avail the free-stuff. The saying that if the offer seems too good to be true, it usually is, applies here.

Simply stick to the price that you want to junk your car at. Whether it is $1500 or $2500, irrespective of the price, simply tell them you just want the value for your car and no extra “benefits.” If they are still insistent, then look for another car for cash near me deal.

Things to Remember Before Junking Your Car:

Even if your car is completely totaled and you are junking it or simply want to junk it as it’s gotten old, and you’re getting something new. In either case, there are a few things to remember before you go ahead and let it be junked.

Don’t Forget About The Insurance

You’d be surprised to hear how many people simply forget to cancel insurance on the car they are getting junked. And then get hit by unnecessary payments. Once you’ve gotten the car evaluated and got yourself a deal from a service provider like QuikCar, remember to call your insurance and tell them to end your coverage at the end of the day on that date.

Don’t Forget About The License Plates

Once the deal is made, the pick-up can be on the same day or pretty immediate. And at times, the car being junked is disabled or parked somewhere where the vendor could simply pick it up. And because tow truckers have to make many stops throughout the day, they tend to be in a hurry, and things can get overlooked.

One of the most overlooked things is the license plates. Rules regarding what needs to be done to the plates differ from place to place. For example, you cannot revoke your insurance or cancel your registration without turning in the plates in some places. In others, the plate belongs to the owner, and they can simply put it on a different car.

As you’re reading along, you think, what’s the worst that could happen if you forget to remove the plates on your junk car? They could be stolen or put on another car which could be in an accident or used in a crime. No one wants to deal with issues with the law because one forgot to remove their plates.

Final Thoughts:

Yes, you can get $1500 to junk your car or even more depending on its evaluation. And you can avoid getting bamboozled or in any trouble down the road by simplifying remembering these little things we’ve mentioned in the blog.