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How Much Is A Scrap Car Worth?

Whether you call it “selling a junk car” or “automotive recycling,” this really is the final stage of a car. Auto recycling is very literal since some of the metals can find their way into new cars.

Scrap Car PricesWhen your car is truly at the end of its life you may be interested in current scrap car prices. There isn’t much left to do other than strip your vehicle to its component metals and recycle it.

When you decide it’s time to sell your car for scrap, odds are you’re hoping for a little bit of a payout. But, unlike the price of used cars which only fluctuates a few percentage points up or down over the year, the scrap price for your junk vehicle varies wildly (especially lately). Getting cash for cars can therefore be a consuming task.

To get an idea of why scrap car prices change the way they do, you need to look at where the value comes in for a car at each stage of the automobile lifecycle. A used car is still a car.

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There’s a minimum value in the fact that it’s a useful tool. You can drive it.

A newer or rarer wrecked or broken-down car can be repaired and regain some utility and value. Even newer, low-mileage or really desirable cars that are mostly totaled have value in their parts. It’s just math.

One wrecked car with good mechanics plus one broken-down car with bad mechanics equals one good, driving car.

The common thread in all of the above scenarios is that those cars are worth more than the basic sum of their parts, or at least what their parts are made of. But, if you have an old car that’s not rare or exotic, has high mileage and whose body and mechanics are shot, your car has little to no value as a car. It’s only really worth the metals it’s made from.

That’s where recycling comes into play.

Scrap Car Prices Per Ton In 2021

Scrap Car PricesSo how much do you get for scrapping a car? The scrap value of a car is intrinsic to the price of the metal. Your scrap vehicle stops competing with other cars for cash.

The amount of money you can get is now decided by the current prices of metals from other sources all over the world. And, since metals are commodities, prices go up and down every day, sometimes by huge amounts.

Don’t forget, your car isn’t just a hunk of steel. It’s a hunk of other metals, too. In terms of scrap, it’s a similar story for aluminum, copper, and iron.

The average passenger vehicle (car, truck, van, SUV) weighs about 4,000-pounds. According to the World Steel Association, of those 4,000-pounds, 55-percent or 2,200-pounds (which is almost exactly one metric ton) come from steel. According to the Aluminum Association, that same car boasts roughly 330-pounds of aluminum.

So how much is scrap metal worth right now? As we’ve entered 2021, scrap car prices per pound have shot up unexpectedly.

The combination of tariff wars between China and the United States, as well as the pandemic, caused car scrap prices per ton to fluctuate wildly throughout 2020. As manufacturers shut down due to COVID restrictions, the supply dwindled. The combination of scarcity and tariffs minimizing the flow of steel and other products meant that the demand started exceeding availability, bringing us to the prices we see today.

Today, scrap metal prices for cars average at around $200 per ton, notably higher than it’s been throughout the past decade. That means for junk car owners looking to sell their car for scrap metal, now is a great time to sell.

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How To Sell Your Car For Scrap

So how much to scrap a car? If you have a damaged, wrecked or broken-down car that’s relatively new, you’re in luck. At DamagedCars, we buy junk cars online, at no cost to you.

Junk Car PricesThe value of your car isn’t entirely based on scrap prices. We’ll make you a guaranteed offer for your car that’s based on the year, make, model, mileage, and condition. If you have a scrap car, we may still make you an offer for your car.

If you just want the car gone, we’re a great option for you. Rather than sell a car for parts you can maximize your car scrap value by getting a top price from our partner scrap car buyers.

Once you fill out a few details about your vehicle we give you an instant offer for your vehicle. We try to offer more than just the car scrap value. DamagedCars will pick up your car for free and pay you right there, on the spot.

Whatever car you have, just click the button below and get a guaranteed offer for your car, fast.

2/23/2021

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How Much Is My Car Worth As Scrap?

If you’re wondering how much a scrap car is worth per ton, you need to look at current scrap metal prices. Right now, you can expect roughly $200 per ton in your vehicle. That means you might get around $400 for the average car — more if you have a bigger, heavier vehicle.

DamagedCars can help you get fast payment with FREE towing and title transfer included. We’ll make an offer in 90 seconds, and help you schedule your free towing in just 24 to 48 hours after you accept our offer. Get an offer from us today and get paid fast.

How Much Can I Get For Selling My Car As Scrap?

Since average scrap steel prices are around $200 per ton, you can expect between $400 and $600 for your non-working, non-running vehicle, depending on whether it’s a car, truck, van or SUV. However, steel prices fluctuate constantly, so you might get a different price for your car depending on what the market is currently doing.

DamagedCars can help calculate scrap vehicle prices for you in today’s market in just 90 seconds and give you an offer for your car fast. Our offers always include free towing and title transfer, so you don’t have to pay anything to scrap your car with our service. Just collect your check when we pick up the car!

Does It Cost Money To Scrap A Vehicle?

Sometimes a business may charge you towing costs to scrap your vehicle, especially if it doesn’t drive. This can eat into potential profits from selling the vehicle, however, so you should avoid it when possible.

If you get an offer with DamagedCars, we guarantee FREE towing with all our offers, along with free title transfer and fast pickups near you.

How Do I Find The Current Scrap Value Of My Vehicle?

You can easily figure out what scrap car prices near you are doing by getting an offer with DamagedCars. Our prices take the current scrap market into account, so you know you’re getting decent car recycling prices no matter what. Best of all, we include free towing with all our offers, so you won’t pay a dime to use our service.

Who Pays The Most For Scrap Cars Near Me?

If you need to trash your scrap car, you can find out the current scrap metal prices in your area by comparing quotes from multiple different yards. However, this can be time-consuming.

DamagedCars can help you quickly find the best offer from partners in your area looking for vehicles that meet your description, and our offers always include free towing and title transfer. Get an offer in 90 seconds and get paid in 24-48 business hours for your scrap car now!