We understand that letting go of your precious old automobile can be a heartbreaking experience. She was beautiful, reliable, and right beside you for thousands of miles. However, there is a fine line between a retired memorabilia vehicle and a 3,000-pound piece of junk rotting in your driveway for decades. When it has to go, it has to go!
When it comes to disposing of an old vehicle way past its prime, junking it is most likely your best option. Of course, you would want to get the best price possible. Junk car buyers in Denver look at a couple of factors that determine the overall value before making an offer. Let’s have a look at what they are.
Scrap Metal Prices
Primary metals found in automobiles, such as steel and aluminum, ultimately determine a car’s base scrap value. This means heavier vehicles with large amounts of metal accompanying their build hold a higher scrap value. With a relatively high demand, scrap metal prices can range anywhere between $145 and $195 per ton, according to current market trends.
If you want to get the best price for your junk car, crunching some numbers is in order. Calculate the total weight of your vehicle and multiply it by the current scrap metal prices in Denver, Colorado. You can either do it by the ton, or by the pounds.
Condition of Your Vehicle
Since you are thinking about scrapping your vehicle, we assume it’s in relatively poor condition. However, if the automobile is still operable, some components may be salvaged, which can drive the price a bit higher. Functional key components such as your car’s engine, transmission, or catalytic converter are always in demand, regardless of the make and model.
Make, Model, and Age
Some vehicle models are in higher demand than others for various reasons. Whether it be a high component cost, durability, reliability, or any other factor, there are junkyards that will throw in an extra buck for a highly requested automobile. Some junkyards might even start a small bidding war for a rare model in high demand.
When it comes to age, newer car models typically hold greater value, especially if they bear reusable components, but that doesn’t mean that old-timers aren’t getting some love too. If you are in possession of an automobile with historical significance, the junking price might go up.
Proper Paperwork
If you still have the complete paperwork of the automobile you’re trying to junk in your possession, it’s a definite plus. Documentation such as a clear title and service history can boost your vehicle’s condition, credibility, and value. If you, however, do not have any of the paperwork associated with your junk car, its value might decrease.
Junk Your Car Now
Getting the best price for your retired vehicle from junk car buyers in Denver can be a tedious process, but it doesn’t have to be. Victor’s Towing can be your junking partner and take that busted old bucket of rust from your hands in no time.
If you have a junk car for sale in your possession and find yourself in the area of Denver, Colorado, give us a call now. We will tow it away for free from any location you provide and give you the best possible price for it.
