You could have been involved in a greasy accident that resulted in your car becoming completely damaged beyond repair. You realize that the cost of repairing your damaged vehicle is even more expensive than its total value. You know realize that scrapping is the best idea to dispose of the wreckage and recoup some of the expenses associated with a loss of a vehicle in an accident but you don’t know its value so as to determine how much to sell it and when its time for a scrap car removal. Note scraping can also help you find a better replacement rather than repairing an already damaged vehicle. The big question is how much do you get for scrapping a car? To understand how much you can get from the wreckage, it is important to understand the factors that determine the scrapping car price.
1. The weight and the size of your vehicle. Just like any other scraps materials the amount of money you get is directly proportional to the size and weight of your car. This is because the majority of scrap car prices are usually determined by your vehicle’s tone weight. For instance, the bigger and heavier your car is the more scrap metal that can be reused from it therefore more money from its scrapping. Take, for example, a smaller Ford Fiesta is less worth than a big Land Rover hence when scrapping the latter you can get more money.
2. The age, model and special features from the make of your car. Apart from your vehicle size, the model and special features of your vehicle also affect the price of your car scrap. The more expensive the model and make of your vehicle the more you will get just like the purchasing price. Similarly, a new car is more worth than an old car since it becomes easy to salvage some parts that were not severely damaged. Additionally, an old vehicle technology won’t be compatible with that of a new car in the market.
3. Your vehicle parts value. Your vehicle is more likely to be considered more valuable during scraping if some of its parts can be salvaged. Such parts can be removed and repaired or resold. To ensure you get maximum value for your car, it is recommended not to remove these parts by yourself before scrapping. Note some dealers of scrap cars can deduct the value of the missing parts from the total cost you would otherwise get. So don’t remove some parts if you are really willing to get maximum value from your scrapping activity.
4. The sales class where your car fits into. There are two main sale categories for all scrap cars. I.e. The salvage and scrap. Each category has its own price and output. For instance, the price for a salvage car is usually decided on an individual vehicle basis after sorting on the above basis. On the other hand, the salvage category means that your car can be repaired with the important spare parts to resume its normal use. This means that your car is more worth particularly to the salvage buyers. Note the post-repair value of your vehicle determines the salvage value you get.
