Posted on: 30 July 2021
After your car is totaled in an accident, you are left to figure out what to do with it. If the repairs cost more than the value of the car itself, they may not be worth paying out to a mechanic or body shop.
Likewise, if the car cannot be driven any longer, it is no longer worth keeping. You do not want to pay taxes or tags on a vehicle that you cannot drive. Instead of keeping it parked in your driveway or spending too much on repairs, you can have it towed and sell it to a reputable auto salvage yard.
Sold As Is
The owner of the auto salvage yard typically will not care in what condition your scrap car is. In fact, he or she will care more about how much scrap metal that he or she can get from the car and whether or not it is worth the money that the auto salvage yard will pay you for it.
This courtesy allows you to sell your wrecked car even if its hood is crushed or front end is smashed. You do not have to pull out dents, remove broken glass, or take off wrecked body parts to sell it to the auto salvage yard first.
Fair Monetary Value
Most auto salvage yard owners likewise base how much they pay customers for wrecked cars on the current day's scrap metal prices. These prices fluctuate from day to day. Still, you monitor those prices and decide if and when that you want to sell your junked car to an auto salvage yard.
When you sign over a car title to the auto salvage yard, you will know how much that you will get for each ton that your wrecked car weighs. You can then walk away from the transaction with close to or the full amount of the current scrap metal price in hand.
Finally, it is not uncommon for an auto salvage yard owner to offer to pick up and tow your junked vehicle. The price of the tow can be deducted from the car's sale price if you cannot pay for it out of your own pocket.
An auto salvage yard buys junked cars that have been wrecked in accidents. It buys the vehicle as it is. It also gives you the current day's going price for scrap metal and can tow your scrap car as needed.Share