People often ask me what is a scrap car worth. A scrap car is one that has been wrecked or crash-tested for safety. It’s usually old and no longer drivable. In other words, it’s junk! But to someone who wants to break it down for parts, a scrap car might be worth as much as $8,000-$10,000 if the vehicle was manufactured before 1990 and only had 500 miles on it when it was scrapped. Older cars those at the end of their life might be worth around $1,500 or less.
What is a Scrap Car Worth Points?
What is of course most important to any automotive enthusiast, or anyone wishing to unload a car, is the weight of the vehicle. Typically, newer cars will weigh more than older models. The cars that are of interest for their parts usually weigh between 800 and 1,200 pounds which makes them a hot commodity for those interested in selling body panels, bumpers, wheels, seats, transmissions are even engines.
Although this is not a give me your money type of deal if someone were to approach you with an offer for the engine alone, because cars weigh so much these days it isn’t uncommon for them to have five or six-figure prices on their parts. My friend just sold the transmission out of his 2005 Toyota Camry for $1,000!
The way this works is when a car-owner decides to sell their scrap/junk vehicles, they call up a place like us and say, “I want to get rid of my car.” We ask them how much they want and we make them an offer. If it sounds good enough, we’ll pay them cash on the spot and tow their vehicle away for free.
Would you sell your car for parts if someone offered you $8,000 for it? There are so many cars on the road these days no one has time to fix them when they break down. Oftentimes, insurance companies will total a vehicle that is deemed too expensive to fix or replace before the end of its life cycle.
The market for these older cars has never been better. People are cashing in on their scrap vehicles by selling them for the parts, so really, why keep your old hunk of metal around? But if you have sentimental value with it or just don’t want to part with it, this company will buy your car even if it’s totaled.
If you have any questions about what your scrap car is worth, please don’t hesitate to give us a call. We can give you an accurate estimate of its value on the spot and pay for it within five minutes of receiving it. Call 647-707-0252 or visit our website https://scrapcartorontoshop.ca.