• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
WittySparks Logo White

WittySparks

Ignite Your Thoughts

  • Topics
  • Reviews
  • Newsletter
WittySparks / Autos & Vehicles / How to Get More for Your Junk Car with Low Scrap Prices
Sell your junk car

How to Get More for Your Junk Car with Low Scrap Prices

Autos & Vehicles April 19, 2018 by Nishitha

Years ago, selling a junk car was unquestionably a good idea. The scrap metal price was incredibly high, which meant that junkyards would pay a serious amount of cash for just about any junk vehicle. Things have changed, though. Today, you can expect to get a fraction of the amount that your vehicle would have commanded just a handful of years ago.

So, what’s happening here?

It’s not that junk yards are suddenly out to get you. While there are indeed some less than reputable scrap yards out there, there are also plenty of honest junk car buyers who can’t afford to pay what they used to. That’s because the value of scrap metal has fallen off sharply in recent years. As a result, junkyards receive less cash for the scrap metal they sell for industry use. This means that they’re not able to offer you as much as they used to.

What’s the deal with scrap metal prices, though? How much have they gone down? Will they go back up? And, how can you get as much cash as possible when it comes time to sell your junk car? Read on to learn more.

The impact of scrap metal prices on the sale of your junk car.

The average car or truck contains anywhere from two to three thousand steel pounds, plus a few hundred pounds of aluminum. When it comes to the majority of junk cars, your local scrap yard will focus on these numbers in determining the price they offer you.

Scrap metal prices fluctuate just like any other industry according to supply and demand. When demand goes down, and supply goes up, prices tend to drop. When demand increases and the supply can’t meet the demand, prices go up.

As of this year, the supply-demand curve is such that prices are quite low. As a matter of fact, prices in 2015 were around $500 per ton, but over the past couple of years, they’ve dropped as low as $50. That’s a huge difference!

Changes in scrap metal prices.

Since 2016, prices for scrap metal have gradually and steadily increased. That said, they still have a ways to go before they can get back to their previous highs. If you sold a junk car a few years ago and made a boatload of cash, you may be expecting to repeat your experience now. Unfortunately, it’s unlikely that you’ll be able to get the same amount of money in 2018 that you got for your junk car in 2014.

Please don’t despair, though: it’s still possible to get a good price for your junk car!

Choose the right junk car buyer.

At the end of the day, it all comes down to choosing the right junk car buyer to work with. Many local junkyards will try to pay you next to nothing for your junk car, and some of them will even attempt to charge you a long list of last-minute fees (such as towing fees). This can greatly reduce the amount of money you get for your junk car.

Meanwhile, Rusty’s Auto Salvage is a national company that also services the Sacramento, California area, with an excellent reputation. We pay the most for junk cars, and we can get you cash for your clunker in a matter of hours, not weeks. Visit our website to find out how much your junk car is worth!

Related Topics

  • Types of Commercial Trucking Accidents
  • 5 Things Every Car Owner Should Know
  • Rolls Royce Phantom and Ghost Are Known for Their Air Suspension Problems: What Is the Main Cause?
Previous Post: « The Best UX and SEO Practices for Your Multimedia Content
Next Post: Reasons Why iPhone 7 Makes A Great Business Phone »
Profile picture for Nishitha

About Nishitha

Co-founder of WittySparks
WittySparks Staff

I am done with my Physiotherapy Graduation. And I always try to share Health and technology tips with people. Apart from Physiotherapy and being a tech savvy, I do explore more on Technology side and I keep sharing my findings with wider audience.

View all posts by Nishitha

Primary Sidebar

Search

Exclusive Coupons

  • Moqups coupon code: WITTYSPARKS for 20% or PARTNERS50 for 50% discount.
  • WPForms coupon code: WITTYSPARKS for 50% off.
  • Serpstat coupon code: wittysparks_discount for 30% off.
  • SEO Buddy coupon code: WITTYSPARKS for 25% off.
  • Morningscore coupon code: wittysparks for 30% off for 3 months.
  • FlexClip coupon code: WITTYSPARKS for 30% off.
  • Uplead coupon code: “witty” for 30-day free trial.
  • FastestVPN coupon codes: WITTYSPARKS15 or WITTYSPARKS10 or Get up to 93% OFF.
  • Outranking.io coupon code: WITTYSPARKS50 for 50% off.

For more such offers visit our exclusive offers for SEO, Bloggers, Marketers and for Business owners.

Featured Productivity Software

Notion logo
Notion

Whether you’re a solo entrepreneur or a large team, Notion Workspace can help you stay organized and get more done. Get started today and take your productivity to the next level.

Try Notion for FREE

Footer

Affiliate Disclosure

If you make a purchase from WittySparks links, we will receive a small commission. See our Affiliate Disclosure.

Sponsors

Partnered with FreePik to use the licensed images.

turn to dhgate for smartphone

Follow Us

  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn
  • Instagram
  • YouTube
  • RSS

Copyright © 2023 · Hosting sponsored by Rocket.net (Affiliate link)

  • About Us
  • Contact Us
  • Privacy Policy
  • LinkedIn
  • Twitter
  • Like
  • Pinterest