How does the cost of the metal impact the car’s value in 2021?

It’s just a day left for the New Year! So, are you all set for the party? Hey, wait a minute! Doesn’t your junk car become an eyesore to your home’s appeal? Then, why don’t you sell it!

The first concerning thing for you might be how much junk cars can give you while selling them. However, we often overlook the metal price use in it. The major parts of the vehicle are made of different materials. It affects the car’s value to a great extent.

Well, the dealerships or any private car buyers don’t have any interest in this regard. Only junkyards are concerned over this. Even if your vehicle is out of the run, we will pay you top dollars for the scrap metal.

Hence, before you sell the junk car this New Year, have a clear outline of the amounts and types of metals.

Here’s how junkyards marked the price

The price of the metal can impact the amount you will get from scrap car removal. Most junk car removal companies like us set the price based on the weight of the metal. For instance:

  • We can say that suppose steel costs around $0.01 per pound, copper wire near $0.50 per pound, and aluminium $0.30/pound. As per the estimations, most vehicles, nowadays, contain approximately 2,4000 pounds of steel with 350 pounds of aluminium.
  • Contrarily, you can find copper wiring in most electronics included in the car interior. Accordingly, even when your car is entirely damaged and goes beyond repair, it’s worth at least $100.
  • In the junkyard, we consider the weight of the metal at the very moment when you bring the cars for sale. Yet, it contains some quality factors as well. Otherwise, you have to return on an empty hand. Poor-quality metal doesn’t have any value here.
  • Some car models contain defective radios, handles, or doors sometimes. Don’t throw it out as a waste. We can give you a lucrative amount for the items.
  • Not only the metal affect the car’s value but the other components as well. For example, you can earn more cash for junk cars when it contains new tires, doors, and windows.

Does the metal prices fluctuate?

Yes, the price of the metal can differ and change anytime. It can fluctuate depending on the areas and demand just like stock rates. It’s because the metal is a commodity of a trading market.
Well, it’s quite challenging to guess the exact amount. It changes constantly in every week, month, or year. That’s why it’s advisable to spend more time in research before you sell junk cars in Philadelphia. It will help you predict the current price ranges of your locations. Therefore, you can decide if it’s the right time to junk the vehicle and look for the best price.

If you want to get rid of your junk car and make your pocket full on this new year, come to us. We buy junk cars of any make and model and pay on the same day. Contact us at 267-784-3100 for free quotes!

How Will You Know it’s Time to Get Rid of your Old Car?

Are you using your beloved car for a little too long? Figuring out when to get rid of your car may not be that easy. Here, in this blog, we are going to discuss the right time to sell your car for cash.

When is the right time to get rid of your car?

Here, let’s talk about the warning signs that indicate now you need to get rid of your old, junk car. We, at “Kevs Cash for Junk Cars” has amazing offers on old cars. We’ll take the scrap car out of your property and give you cash for that car within 2-3 hours after your call.

Is your car making weird noises? Or is it misfiring? You may often struggle to switch it’s gears or experience strange overheating. These are the signs that you need to go to a car mechanic. Possibilities are there’s something seriously wrong with your car.
Some minor mechanical problems in your car are worth repairing, as they will hardly charge you a couple of hundred bucks. However, in some exceptional cases, you may find the bill for repairing the car, excessive. Here are some instances of issues too costly to repair in older cars:

  • Transmission failure
  • Engine breakdown
  • Problems in Cylinder head gasket
  • Extensive frame rusting
  • Failure of the Power Control Module
If your car is not performing well, it’s significant to take it to a good mechanic for a thorough inspection as quickly as possible. In some cases, it can be a small problem that can be taken care of easily.
However, if the issues are big like the ones mentioned in the list, it’s better to say goodbye to your car and contact junk car buyers like us.

Know When Should You Sell Your Car for Cash

How much money is okay to spend on your old car? Actually, there isn’t a simple answer to give you, but here are some guidelines that may help. A very common guide says, if the bill for the repair service equals 50% or more of the price of the car, it’s not worth going for the repairing option.
For example, if the price of your vehicle is $5,000 when it is in good condition and you find out that its engine needs a replacement, you should think of selling it and get cash for that junk car. This is because, engine replacement will make you spend $3,000 or even more than that, which is actually the car’s price’s 60 percent.

However, if the price of your car is $15,000 and it’s engine needs replacement, that may not inevitably be a deal-breaker. In this case, the Replacement of the engine would be just around 20 percent of its worth, and after the replacement is done, you may get to use it for many more years.

If you are done with deciding when to get rid of your junk car and get cash for junk cars and thinking who can buy it, you’re in luck. There are actually a number of options, such as getting cash for junk cars. If you go for this option, you don’t even have to search for a reputed place. As we can offer top dollars for your old and broken car. For more details contact us now!