1- Vehicle Year, Model and Make
This is the most basic information that will be used to determine the value of the old car: What are the car model, manufacturer, and year of make? This information will give a basic history of the car, and also the current market price of the car. Always make sure you give out correct information about the car, to get the best price for the scrap car.
2- Current price of Scrap Metal at Metal Mills
This is one of the most important factors in evaluating the value of the car. The majority of the car is built of a combination of metals like Aluminum, Steel, etc. So, when scrapping junk car, this metal is later sold to Scrap Metal Market where it is recycled into new products and further distributed. The rate at which car scrap is sold in the Scrap Metal Market fluctuated on a monthly bases, depending on the demand and supply.
3- Weight of the vehicle
Another factor that goes into determining the value of a scrap car is the weight of the car. How much does it weigh? The more it weighs, the more cash you will get. In order to increase the weight of the vehicle, you can make sure it has tires, specially aluminum wheels, batteries, and other car components. You can also give car waste which otherwise you are going to just garbage. This will increase the weight of the car and eventually fetch you top dollars for old or junk car.
4- Location of the vehicle
Where is the scrap car located? This has a comparatively low impact on evaluating the value of scrap car. The closer you are located to the scrapyard, the more chance of getting a better price you have got.
We, at Towing and Scrap Car Removal, have many scrapyards around the GTA. Plus, we offer free pick up or towing of scrap cars, free anywhere in Toronto and Greater Toronto Area. Here is some of our high demand service areas: Toronto, North York, Etobicoke, Mississauga, Brampton, Ajax, Scarborough, Richmond Hill, Vaughan, Oshawa, Whitby, Pickering, Aurora, and Newmarket.
Now that you know the worth of clunker, are you ready to take the next step? Reach out to us and we will give you the best price for your junk car!