When you sell a scrap vehicle, you can earn money and free up space around your property for other items. Streamline the scrap process by learning about the steps involved. Here are some things to keep in mind when selling a scrap metal car:
Contents
Check the Car’s Condition
Check your car’s condition and identify valuable components to make money off them. Vehicles contain different types of metals, such as steel, aluminum, and copper that carry varied values. You can find steel in car bodies while aluminum is used in engine parts and wheels. Catalytic converters have precious metals like platinum, palladium, and rhodium which may increase the scrap’s worth.
Radiators and wiring contain valuable copper, which adds extra money to the cost of selling your scrap car. If batteries and tires are still in good condition, they might be worth selling because they can be recycled. You can also sell working parts, such as an engine, transmission, or alternator, to a trusted dealer.
Have the Right Documents
Most scrap yards require your car’s title to show that you own the vehicle and have the legal right to sell it. If you can’t find the title, you may carry other documents, such as a bill of sale, registration papers, or a notarized statement. You can also visit the nearest Department of Motor Vehicles to request a duplicate title to simplify the sale.
Another document you might need to provide is a government-issued ID to verify who you are and whether you own the car. Some dealers may also verify the current registration to confirm the car’s status and ownership. To learn the documents required to facilitate your scrap metal car sale, ask the dealer in advance.
Understand the Prices
Some dealers pay you a certain amount depending on the type of metal, market demand, and car condition. Because steel is abundant and less costly to produce, it might have a lower value compared to aluminum and copper. A high demand for certain metals or a shortage of supply may cause prices to increase, while a low demand may reduce costs.
If your car is in good condition, you can fetch more money than one that has deteriorated. Some buyers weigh the total amount of metal in your car and multiply it by the current rate of the material to provide the price. Good dealers update rates on their websites to allow customers to know the current scrap prices. You can also call them and ask them about the prices to determine if they match your vehicle’s value.
Look for a Trusted Scrap Yard
When calling potential buyers, ask if they offer free towing services, which help you lower the cost of transporting the vehicle yourself. You can also confirm if the yard handles and recycles scrap metal according to the local rules and regulations. This allows the professionals to manage hazardous items properly, reducing the impact on the environment and avoiding getting in trouble with the law.
To find a better price for your materials, talk to several different buyers and choose one that suits your expectations. Trusted dealers provide detailed receipts for transactions, showing the amount paid, the weight of the car, and any valuable parts. They also inform you about the ferrous and non-ferrous materials they accept to help you understand what they will pay you for.
Sell Your Scrap Metal Car Today
After checking your car’s condition and providing the right paperwork, you can sell your vehicle to scrap metal buyers. These recycling companies weigh the materials and assess different components before paying you. Call a reputable dealer today to learn about their selling process and current prices.