When you’ve decided to sell your scrap car to wreckers, there are several things to consider. If you want to crack the best deal for your junk car, you have to be strategic and wise in calculating the value of your vehicle. Here, several factors come into play, like the weight, the make and model, metal components, etc.
If you’re new to the process of obtaining cash for cars in Sylvania, this is the right place! We’ll guide you on how to calculate your scrap car value –
The Factors Determining the Value
The Market Price
One key decider of scrap car value is its metal parts. However, how much you can get for it is determined by the market value. The scrap metal market fluctuates based on supply and demand. The price of steel, aluminium, and metal directly impacts the value of the car.
Make and Model
Some antique or vintage model cars are more valuable to cash for old cars in Sydney than others. Only a professional wrecker will be able to help you decide which make and model can fetch you the most money. Sports cars generally have a better value due to their aluminium parts than other models.
Condition of the Vehicle
The car’s general condition may still impact its value even when it is being scrapped. In general, vehicles with all of their significant pieces—such as the engine, gearbox, and catalytic converter—remain whole and are valued more than those with some parts missing.
Salvageable Parts
If your car still has components that can be recycled and salvaged, you can expect a good amount of money in return. Popular models have a high demand for spare parts, so you get your car assessed by a wrecker.
The Scrap Car’s Evaluation Process
The following criteria are commonly used by scrap car yards to determine a vehicle’s scrap value:
- Physical Inspection: Yard staff will examine the car to determine its weight, condition, and whether any valuable metals are present.
- Weight Measurement: To determine how much metal a vehicle has, its weight is assessed.
- Identification of Components: Priced and identified separately are valuable components like aluminium wheels and catalytic converters.
- Market Analysis: The yard takes into account the current scrap metal market values while determining the valuation.
Once the process is complete, you can determine the final amount of cash for scrap cars in Sydney. You might need the specialisation of a wrecker who can help you get the best price for unwanted cars.
Get In Touch With Us
Unwanted Cars Sydney can help you with cash for scrap cars in Sydney services, where you can stay relaxed and get rid of your old vehicle that you’ve wanted to discard for a while. We’ve spent years in the industry helping car owners clear the space in their garages and get the best deals. Call us today for a quick consultation!