How Much Money Can I Expect to Get When Junking a Car?

You may have heard that junkyards pay for cars, even if they’re no longer operable. But how much can you expect to get when selling your junk car for cash in Memphis, TN?

There are a lot of variables that will affect the price you can expect to get. For true junk cars that offer nothing more than scrap, don’t expect to get a whole lot of money. But of course, something is better than nothing.

Here’s a quick overview of what you should know about the process of junking a car and what you can reasonably expect to get in return.

Step one: Call around

The first step is to call around to different junkyards in your area to look into your options. Different junkyards might provide you with wildly different estimates, so it’s important to get as much information as you can before you make a decision regarding where to sell your car.

When talking to representatives from these junkyards on the phone, you can expect to answer questions about the year, make and model of your vehicle, the current condition of your car (is it missing any major parts, such as the engine, wheels or transmission?), whether there is any significant damage to the car from an accident or disaster and where the junk car is currently located.

Step two: Get your estimates

Most of the time, you can expect to get up to around $500 for a junk car that has no value other than its scrap. The price may fluctuate depending on the available parts and the weight of the vehicle, as well as its year and the level of damage sustained.

The good news is that when working with junkyards, they will offer direct cash payments, meaning you don’t have to wait to get paid. They’ll also offer pickup services so you don’t have to arrange a tow yourself.

Step three: Complete the pickup

Once you’ve agreed to a price with your chosen junkyard, the only thing left to do is arrange and complete your pickup. Look for a junkyard that will come and pick up the vehicle for you, rather than leaving you to be the one to have to arrange a tow with a third-party company. Ideally the company will offer free pickup—otherwise, the amount of money you get in return for the vehicle will suddenly start to look less appealing.

If you’re able to get fast, free pickup and a reasonable price, that’s a junkyard you should go with.

The process really is that simple. You will understandably just want to be rid of your junk car without having to go through a whole lot of effort to find a buyer. Junkyards don’t want to spend any more time than necessary on the transaction, which is why they pay cash. It’s a setup that is beneficial for everyone involved.

Interested in selling your junk car for cash? If you’re not happy with what junkyards pay for cars in Memphis, TN, contact Lester’s Cash for Junk Cars today. We’re sure to be able to make you a competitive offer!

Leave a Reply