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The Factors That Can Affect the Value of Your Junk Car

Knowing the Value of Junk Cars in Memphis, TN

Is there an unused vehicle in your garage that has not been used for many years? It might be time that you get rid of it. You can actually make cash from your junk cars. But before calling a junkyard, you should at least have a basic knowledge about the value of your unused automobile. Here are things that can affect its value:

Current Scrap Metal Rate

Most junk items are sold for metal recycling. That is why the current price of scrap metal can greatly affect the overall value of your junk vehicle. Its price varies every day according to the demand for metal. Usually, cars contain 300 pounds of aluminum and 2,400 pounds of steel. You can check sites like iScrap App National Prices to see the current price of metal as it is constantly changing. If the junkers don’t get much, they’ll be unlikely to pay much.

Your Vehicle’s Make and Model

Another thing that affects the value of junk cars is its make, model, brand, and year. Your estimate might even go up if there is a demand for your vehicle’s specific parts. Popular vehicle brands tend to have become more valuable when its parts can still be salvaged or sold. Newer vehicles are usually made up of aluminum & magnesium alloy, which means it’s more valuable compared to older models that are usually made up of steel.

Your Vehicle’s Weight

The weight of your vehicle can actually affect its value, too. If your vehicle weighs more, it can be an indication that there are more parts that can be salvaged out of it. If your vehicle is only good for scrap, it might be quoted just based on its weight.

The most effective way to get the best value for junk cars is by going to a reliable junkyard. For the people in the Memphis, TN area, you can trust C'S Cash 4 Junk Cars. You may call us at (901) 691-2687 for inquiries!

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