There are more than ten million vehicles sent to junk yards or scrap facilities every year. Additionally, roughly 75% of cars and trucks are made of recyclable metals.
Getting rid of a rusty or inoperable vehicle can free up valuable space on your property and it eliminates the eyesore. And yet, who buys junk cars anyway and what do they do with them?
You might think that old lemon isn’t worth anything, but you might be surprised. Keep reading to find out more.
Who Buys Junk Cars?
You’ve probably seen the ads in person or online before. A company wants to buy your scrap car and they’ll give you a great deal for it.
So, who buys a scrap car?
Salvage yards will often take vehicles as scrap metal. They recycle the parts of your car and resell them to other buyers. If the vehicle is in decent condition, they may fix it up and sell it as well.
Companies that offer cash for junkers are fairly common these days. Hobbyists and car enthusiasts may also take it off your hands and fix it up.
You Can Sell It Online
Taking a car to a scrap dealer can feel like a huge headache, especially if you can’t drive it anymore. However, there are better ways of dealing with the problem than letting it waste away in your yard.
These days, you can sell scrap cars online. Businesses that offer cash for scrap vehicles will often pick them up from your home.
To ensure you’re getting the best deal, you should compare car buying companies first.
What Do They Do With Them?
So, once someone takes an old car off your hands, what happens to it? This depends largely on the condition of the vehicle.
A car that’s still in good condition is often resold. Buyers might sell it as-is or fix it up and charge a higher price. Hobbyists sometimes look for particular makes and models with the hopes of fixing them up and using them.
However, many people have old and broken junkers that no longer work or need too many repairs. If you sell one to a company that offers cash in return, they often recycle the parts.
The benefit of recycling is that someone else can still get use out of the old parts and it’s better for the environment than letting a car or truck sit around.
Sell Your Old Car for Cash
So, who buys junk cars? As it turns out, many different people will. If you have an old vehicle, salvage it or sell it to a company that buys junkers for cash. It’s a good way to free up space in your yard and you can make some money, too.
You never know how much you could get for an old car or truck unless you try. You might be surprised by how much you make.
Do you want to learn more about selling junker cars? How about easy ways to stretch your dollars further? Browse some of our other content to discover more like this.