Scrap metal is a relatively unknown way to make money. If you have metal lying around or an old car ready for the junkyard, you can sell it for some easy money. It might seem overwhelming, but there are some easy steps to take to find out how much money you’d make off of your car right here in Minneapolis.
How To Find Scrap Metal Prices in Minneapolis
Generally, it’s pretty easy to sell your junk car: all you need to do is show up at the scrapyard, show your ID, and collect your check. Before that, however, you’ll need to do some research. Knowing the average price of the metal in the Twin Cities will help you get a better deal on your car.
Where to Sell Scrap Metal
The first step is to contact your local scrap yard and see what their specific prices are. Some scrap yards are more generous than others. However, the average will be about the same, so unless you’re trying to scrape together some money, you’ll be better off with the one closest to your house!
There are tons of scrap yards and junk car services in Minneapolis and Saint Paul. For scrap metal specifically, you’ll want to go to a junkyard or metal processor. Some of the best scrap yards in the Twin Cities include:
- K&K Metal Recycling LLC on N 2nd St
- Metro Metals Recycling on Doswell Ave
- Alter Metal Recycling on Barge Channel Rd
- EMR North Metal Recycling on N Pacific St
- Leder Bros Metal on Snelling Ave
- Express Metals in Hopkins
- Scrap Metal Processors in New Hope
While some Minneapolis scrap yards offer to tow your car, be aware that this will reduce the value they put on the vehicle. They’ll take off money for the time and effort it takes to drive to you, hook up the car, and bring it back to the scrap yard. The best way to get more money out of your vehicle is to get it to its destination yourself.
Important note: You will need to bring your ID when you drop off your car or other scrap metal at the yard. In Minnesota, Scrap yards are legally required to see your ID and pay you via check or wire transfer, so don’t expect to come out of the deal with cash unless you sell to a cash junk car service.
Average Scrap Metal Prices in Minneapolis
Scrap yards and cash buyers base their price on the metal being sold, and some are more valuable than others. Here are some of the average prices for various scrap metals in Minneapolis:
- Steel Scrap: $0.23 per pound
- Steel Rebar: $0.32 per pound
- Aluminum Alloy: $0.94 per pound
- Lead: $1.05 per pound
- Aluminum: $1.14 per pound
- Zinc: $1.31 per pound
- Brass: $3.21 per pound
- Copper: $4.15 per pound
- Nickel: $8.30 per pound
- Tin: $15 per pound
Cars primarily consist of steel or aluminum, with some copper throughout. Scrap yards will generally give you a total price for the vehicle, so it’s helpful to know if your model has more expensive metals as well. Although it’s mostly steel, you might be able to get some more money for working parts (if they’re not too old).
How to Find the Weight of Your Car
Of course, to find out how much you’ll get for your car, the critical step is to know how much it weighs. There are two ways to calculate your car’s weight without putting it on a scale.
First, look at the driver’s side car door of your vehicle. There should be a manufacturer’s sticker with model specifications. On this sticker, you will be able to find the gross weight of the car model, as well as the curb weight (specific to your car). This information might also be in the manual.
If you can’t find the weight on the informational sticker or manual, you can look up your car’s make, model, and year on the manufacturer’s website. They will have the information on your car’s average weight.
To find scrap metal prices near you, search for your nearest scrap yard in Minneapolis and give them a call. Some yards even offer to tow cars. To find the actual price of your vehicle, you’ll have to find out its weight and material. Have that information ready at the scrapyard, and you’ll be able to get a reasonable price for your car!
If you need to scrap your car, there are plenty of local options. However, you don’t have to go through all the work of measuring your car and finding the metal prices. You can also check Junk Car Medics out! Our Minneapolis junk cars service will make the process as quick and painless as possible for you and get you the best price for your car.