If you’ve decided to sell your old vehicle, finding a junk buyer is not difficult, but determining the value of your junk car is a little more complicated. The bottom line is that it is always less than you anticipate.
Junk cars can be purchased for between $50 and $20,000, but are typically purchased for between $100 and $500. A ten-year-old car is worth no more than $200, while a newer, better-maintained vehicle is worth up to $1,000.
Generally, the heavier the car, the higher the metal price when it is sold. For instance, two identical cars of the same make and model can be sold for $70 and $520, respectively.
Why is this the case? Simply because one can be a sedan and the other a sport utility vehicle, the heavier the vehicle, the more money you earn. Alternatively,…