At The Clunker Junker, the most common question people ask us is "How much is my junk car worth?". The answer is highly dependant on the year, make, and model of the vehicle, the condition, and the location. We use these factors, plus many others, to put cash value on your junk car.
There are two main categories of cars:
The first group almost always goes to a local junk or salvage yard to be dismantled, crushed, and recycled. Prices for these vehicles are mostly determined based on the curb weight of the vehicle and the current scrap prices in the area, which can vary greatly across the country at any given time.
The second group can often be fixed and re-sold. These vehicles tend to go to wholesale auctions where wholesale buyers and exporters bid on them, often to be shipped to developing nations where many cannot afford brand new cars. To determine a price for a vehicle like this, we look at historical sales of very similar vehicles in the same location and make an estimate of how much we think the vehicle will sell for at auction. Some times we win the bet, and sometimes we lose. The auction market is extremely volatile and difficult to predict.
We always try and get you the most cash for your car that we can based on the options available. Sometimes the amount is what the seller is looking for, and sometimes it's not; either way that's fine! We'll never be able to compete with private buyers on sites like craigslist, but we do take a lot of the hassle out of selling your junk car. Visit our website today to get an instant offer and find out how much your junk car is worth!