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Are you looking to sell your junk car for cash? Looking to sell your scrap car for $100, $300, $500 or even $1,000? If so, you're in the right place!
At JunkCarMedics.com we buy junk cars for cash. But that's not all, we provide:
- Industry-leading customer service
- The best offer for your car due to our huge network
- Free pickup and removal nationwide from your home or office
- No obligation offers in 79 seconds.
- And that's just the beginning!
JunkCarMedics.com makes 10's of thousands of offers to buy cars for cash (vans, trucks & SUV's too) all across America and has a hand in the purchase of 1,000's of cars every single month.
This lead to us being the nation's largest cash for junk cars service.
$500 Cash for Junk Cars and Is It Possible?
In 2020 it may be hard to sell a junk car for $500 due to the current scrap metal market being down. You are more likely to receive between $50 - $300 for a scrap car.
If your car old, is missing parts, or, is damaged then it will be bought based on its weight. This is what's referred to as an end-of-life vehicle. It's a vehicle no one else is going to want to buy to drive around in because it is unsafe. The useful car parts will be pulled off and it will be drained of its fluids and then crushed and sold for scrap metal. This is what is called a scrap car.
Therefore the price of junk cars is primarily based on the price of scrap metal that the car is made of up and the current scrap metal market is down for the most part.
As you do your online searches you will find other websites listing out these big and long posts about paying $500 cash for junk cars in 2020 and how you can sell your junk car today. They are just trying to bait you into their website to get an offer to junk your car. You have to ask yourself if they will use a bait and switch tactic here will they also do the same after they make you an offer? Will they lower that offer when they come to pick up your vehicle and have it on a flatbed? At that time you may be vulnerable to selling your car for a bit less versus starting the process over. This is a common tactic in the scrap car industry. Watch out.
Again, the fact is that it is not possible to sell most junk cars for $500 currently.
How Much is My Junk Car Worth?
Besides the local price of scrap metal in your area, there are a few other variables that help determine how much your junk car is worth. These include:
- Vehicle Year, Make & Model
- Demand for it's car parts in your area
As we mentioned above, currently junk cars are worth about $50 - $300.
How Much Can I Sell My Junk Car For?
Keep in mind that since your car is “junk,” it’s not as valuable as a used car that runs well and is safe to drive.
Below is a list of recent offers made for various cars across America. We hope you can use this to help give you an idea of how much you can sell your junk car for.
As you'll see, most of the vehicles older than 10 years are selling for way less than $500, more like $50-$200 with SUV's and heavier vehicles closer to $200-$500 and newer vehicles that are in better condition are going for closer to $1,000 and up. The bigger the vehicle the more you can expect to receive. So a Chevy Suburban will fetch more then a Toyota Camry would.
The point is the amount of money you can sell a junk car for greatly depends on multiple factors and your best bet is to get a few offers and go from there.
Fortunately, most individuals or companies who pay cash for junk cars will inform you of what they’re willing to pay you in advance. If you don’t like their offer, no worries. There’s absolutely no obligation to accept. Just make sure you’re realistic and realize that your clunker is no longer worth what it was when you first bought it or even a few years ago.
How Do I Sell My Junk Car for Cash?
To sell your junk car, it’s a good idea to do your research and explore all of the options available to you. You’ll likely find that selling your car for cash to an online service is the fastest and easiest option. Here’s how this process typically works:
- You plug in details about the car you’d like to sell. You’ll likely be asked for its make, model, mileage, and condition.
- The online service gives you an offer you can either accept or deny.
- If you accept, you’ll provide proof of ownership and confirm a few details.
- The online service will work with you to arrange the pickup of your junk car.
- Your car will get picked up and you’ll get cash for it the same day.