Prices for junk cars in Philadelphia are at an all-time high right now.
If you’re still holding onto that car you’ve thought to get rid of, now is the time!
Why Are Prices So High in Philadelphia Right Now?
We all know COVID-19, the virus that changed the world. COVID-19 also changed the value of junk cars, and that trend is still holding.
While the pandemic has hindered or halted the new production of vehicles and parts, the demand for recycled parts - or those people get from junkyards - rose. So you can imagine junkyards in Philly and everywhere else were able to sell off a lot of their inventory when the pandemic hit.
Plus, since there were fewer workers, the new car production decreased. However, as people stopped taking public transportation, the demand for cars increased. The solution was to fix up older cars and sell used vehicles. To do so, companies need scrap parts from junkyards and metal yards, and they are willing to pay top dollar.
Top 10 Junk Cars And Prices in Philadelphia
Want to make some extra cash? Look at the list below to get an idea of the most recent top sold junk cars in Philadelphia and how much they sold for. All these cars sell for over $500 in 2021, which means your vehicle could sell for the same or more!
- 2002 Subaru Legacy - $650
- 2006 Acura RL - $640
- 2007 Cadillac CTS - $640
- 2005 Ford Escape - $615
- 2006 Nissan Altima - 5
- 2004 Dodge Durango - $590
- 2001 Toyota Avalon - $590
- 2004 Nissan Sentra - 0
- 2003 Honda Accord - 0
- 2005 Nissan Altima - 5
Overall, sale prices for junk cars have only risen since 2020, so now is the time to sell your junk car if you’ve been thinking about it.
The best part is, most junkyards will do all the work for you. All you have to do is schedule the pickup, and they’ll come straight to you with a tow truck, pay you cash for your car and take it off your hands. Some junkyards may charge a fee for pick up, but many will do it for free.
Which Junk Cars Sell Well in Philadelphia?
As you can see from the chart above, various types, models, and years of cars are selling for more than $600 in the Delaware Valley.
A junk car doesn’t have to mean that it’s an old decrepit vehicle. A junk car could also be a newer used vehicle that has been in a wreck or missing parts that prevent it from running. It comes down to the condition of your car or truck that can determine the cost of which you buy or sell.
Along with the condition of your vehicle, what you can get for your junk car depends on its age, weight, type, brand, and material.
Material plays a part in your payout; a large steel truck from the ‘60s will produce much more salvageable scrap metal than a small ‘90s sedan made from mostly aluminum. The junkyard will give you more money for the more scrap or parts they can’t get from your junk car.
Age is a crucial factor; the older the vehicle you’re scrapping, the less you’ll likely get paid for it. Old cars tend to have problems, and if the junkyard you’re taking it to has to use specific processes to salvage any parts or metal of your vehicle, then those costs may be deducted from your payout.
Weight also affects what you’ll get from your junk car. The heavier the vehicle, the more salvageable scrap may be available. Of course, this remains true even if you want to sell your car to a metal yard and not a junkyard. Consult with your local metal yard to see how much you can get per pound for your clunker.
Vehicle types can be convertibles, sub-compacts, hatchbacks, sedans, coupes, SUVs, and trucks, just to name a few. The junkyard you choose to sell your junk car to may be able to give you an idea of what they might pay out the door for a specific vehicle type.
Brand name vehicles sell for more, even if they’re junk cars. Parts for brand name vehicles are usually still made or available to the market in new or used condition, so junkyards will pay top dollar for an old Ford Mustang compared to an old Mercury Cougar.
Wrapping Things Up
Junk car prices have gotten higher in the past year, and they remain steady. Based on most recent Philadelphia sales, you could sell your junk car on average for $590. If you’re considering selling, there is not a better time than now! Just let our Philadelphia cash for junk car service know and we'll give you a competitive offer on your vehicle.