By Cash For Cars 24
Are you searching for information on Cash for Clunkers because you’re thinking about selling your junk car and getting paid cash for it? If so, you’ve come to the right place!
Like many people, you may also be wondering where does you Junker go after you sell it?
The answer to this question can be as complex as the question itself that’s why in this article we’ll break down the automotive recycling industry and provide you with some insight into where your junker goes after you’ve been paid cash for it.
About the automotive recycling industry
What most people don’t know is that Cash for Clunkers is one of the top industries in the United States.
Why?
Junk Cars is one of the top products from the United States because, when a car is ready to be junked, it’s not just sent to a junkyard and crushed then left there to rock for eternity like what you made see on television. In 2017, a car is first evaluated and prepared for recycling before it’s actually sent to the junkyard for recycling.
After paying you Cash for Clunkers, an automotive recycling company, or junkyard, will take a hard look at your junker to see if it can be fixed up and resold. If the vehicle is not salvageable then the following steps will occur:
- All fluids will be drained from the vehicle including the radiator fluid, oil, brake fluid, transmission fluid, clutch fluid and anything else that could seep into the groundwater system.
- Your junk car will be stripped of its viable components including any parts that can be resold to someone who may own a similar make and model vehicle as yours.
- Besides stripping the junk car of its valuable parts or components, once you been paid Cash for Clunkers, the junkyard will also remove any electronic components or recently installed parts which may include a new GPS system, stereo system, newer tires, rims and other parts which can be resold for profit.
Beware the Reverse Lemon Approach
During the process of buying a car, you most likely encountered your fair share of a car salesman who tried to get you to pay more money for a vehicle than what it was worth. This is understandable since it’s in the best interest of the car salesman to sell a vehicle for the most money possible because they make more commission.
The same is true in the junk car market, many companies who are in the used-car or junk Lemon Market will try to actually sell you on the fact that your vehicle is worth less than what it’s really worth when in reality your car, truck or van is actually worth more money.
To avoid getting taken advantage of by a junkyard owner who tries to take your money using the reverse lemon approach, you should thoroughly research your vehicle online including the make, model, and year of the vehicle to determine what it’s really worth and find out if there are any buyers out there who would be willing to purchase your vehicle as is, or purchase it for the individual parts.
Walking into a junkyard with a little knowledge underneath your belt will provide you with the awareness that you need to avoid falling for the reverse lemon approach that many junkyard owners try to take when people bring them their junk vehicles and this will also help you to sell your vehicle for what it’s worth.
Most important of all besides understanding what your vehicle is worth, you should also be willing to get more than one quote for your vehicle that way you don’t come off to the junkyard owner as being someone who’s desperate for the cash that will come from them selling your junk car. – Read More
Cash for Clunkers Fact – Every Junker Is Worth Money
Yes, it’s true, even though the Cash for Clunkers industry is huge right now, every junker is worth money, so before selling your Junker, you should also know the auction value and scrap metal value of your vehicle.
To find out what the auction value of your junker is, you should look up the make and model of your car online via websites like Craigslist or the Kelly Bluebook because, there may be someone out there willing to invest the time and money to get your junker back on the road and running once again.
After finding out the Kelley Blue Book value of your Junker, before being paid Cash for Clunkers, you should next understand the scrap value of your vehicle because, many cars, especially if it’s an older model car, have more steel in them than newer vehicles on the road, and that still alone is worth Money because, in 2017, recycled steel is a hot commodity as it’s bought and sold around the world especially in countries like China and India.
Before selling your Junker do this
Although you may be willing and ready to get paid Cash for Clunkers because you just want to get rid of your junker, the reality is that if your car looks like an absolute clunker, there may be an automotive recycler or junkyard who wants to pay you money just to get rid of it.
To avoid selling your car for less than what it’s worth you should also take the time to clean it up thoroughly by washing the outside of the vehicle, removing trash from the inside of the vehicle, vacuuming it out and making sure that it’s presentable.
When speaking with a junkyard over the phone, they may request that you send them a picture of your car and you want to present your vehicle in the best shape possible.
Get paid cash for Clunkers
Are you ready to sell your junker? To get paid Cash for Clunkers, contact Cash for Cars 24 today by calling us at (888) 913-5816 or click here to connect with us online.