The reason junk car quotes vary so much is that buyers use different valuation methods. Some focus on weight, some focus on salvageable parts, some focus on both. Also, their business model, location, inventory, and overhead costs all affect the quotes.
Reasons quotes vary:
- Buyers pay based on weight and metal prices
- Buyers pay more for vehicles with usable components
- Distance can affect towing costs, which reduces offers
- Local competition
- Inventory needs
- Overhead costs between large operations and small yards
A scrap yard might offer $200 for a car based on its weight. Whereas, a salvage buyer might offer $600 for the same car because the engine and transmission are sellable. Both quotes are legit, they just reflect different business models. It's important to get multiple quotes to find the buyer who values your car the most.
