4 Factors That Determine The Value Of A Junk Car

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4 Factors That Determine The Value Of A Junk Car

Selling your junk car to a junkyard is a simple and quick way to make money immediately. Moreover, you can get rid of the car that serves no purpose lying in your garage. However, you must be wondering why someone will pay you for a car that is not in working condition. Well, you should know that irrespective of the car’s condition, it is worth some money to junk car dealers for its metal body and other working parts. In fact, the value of scrap cars is increasing with time, but not every junk car holds the same value. 


Below, we have listed the top five factors that determine the value of a junk car.

1. Price of the current scrap metal: You will be surprised to know that you can get some scrap metal from all cars, even the ones that are beyond repair. As we know, steel and aluminum are the primary materials used in automobile construction. They can be repurposed into new products; therefore, junk car dealers buy scrap cars to extract metal from them and resell it. Thus, the current scrap metal price significantly affects the overall price of the junk car. 
Please note that scrap metal prices fluctuate, and only steel and aluminum supply and demand are taken into account. 

2. The car type, make, year, and model: Your junk car may hold a high value if it is rare, still in use, or has parts in demand in the market. You must know your car’s year of manufacturing and model to determine its value. Remember, junk car dealers have enough knowledge about the value of cars and offer prices based on the value of exporting or breaking the vehicle. 

3. Weight of your car: Cars contain a lot of metal which is in great demand. Thus, weight plays a significant role in determining the value of a junk car. The heavier the vehicle is, the more steel the dealer gets for sale, and they will be ready to pay a higher price for it.

4. Overall condition of your car: The current overall condition of your car is a crucial factor that determines its value. The price will depend on whether the dealer can repair your vehicle and resell it, or if they will have to extract the metal and sell the parts separately.

You can get a good deal if the car can be repaired and its current market value is decent. However, you will get money based on only the metal value if it is beyond repairs.

About Lucky Buys Junk Cars

Now that you know the factors that determine the value of a junk car, it is time to look for a junk car dealer. At Lucky Buys Junk Cars, we buy junk cars in St. Louis and immediately pay cash to the seller, regardless of the car’s condition. Our customers recommend us for our professionalism, punctuality, and authenticity. For more information, contact us at (314) 526-3992, or fill out our contact form.

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Oney Morales
Oney Morales
1718746765
I have done business with Lucky a couple of times and every time he has always been very professional and responsible, he is the first person to call if I need a tow!!
Wanda Rich
Wanda Rich
1718741027
Walter went above and beyond. Good communication throughout the process. Professional. Highly recommend if you have a car that just must go.
Henry Jones
Henry Jones
1718739662
The service was very good. Technician was quick and courteous with his service.
Angela Gracious Hands Cleaning LLC
Angela Gracious Hands Cleaning LLC
1713639890
Lucky was fast efficient and a pleasure to work with ...I will definitely use him again
Erica Hooper
Erica Hooper
1713419743
Brandi Williams
Brandi Williams
1713294108
After numerous mf calls to other companies thT basically wantef a title and a drop of my DNA , I called LBJC and I had the pleasure of dealing with Walter. The experience tho bittersweet was good because of how much he helped me. I junked a 2009 jeep cherokee Laredo. I was given a good price considering I had no title amongst other things. HE was very timely and kept an open line of communication. I am thankful I found him right when I needed to (called today and he came today)..Thanks Walter u have no ideal how you've helped me. Please call them if you want exceptional service, good customer service and good pricing for your vehicle.
Quineshia Smith
Quineshia Smith
1713213277
James
James
1713058652
I’ve called numerous of places and was gettin the run arounds I called this company and was instantly quoted and the driver was very communicative and set times to pick up the next business day paid cash on the spot and hauled the vehicle away was in and out I would recommend this company to friends family or any one who is needing a vehicle removed I was satisfied I give them a 5 star rating
Chelse Badazz
Chelse Badazz
1712934950
Mr. Lucky was nice and willing to work with me without a title to my car ! Same day pick up as well !
Mjango 28
Mjango 28
1712862828
Doug Dowling
Doug Dowling
1712779898
Family Fun Pack
Family Fun Pack
1712541938
I had a great experience. I declined 2 other offers because this was the best offer I had gotten after contacting other companies. The service was fast and absolutely hassle free. Thank you!
REGGIE RICHARDSON
REGGIE RICHARDSON
1712441834
Communication was dope and very professional!
Brooklyn Jayde
Brooklyn Jayde
1711854358
I scrapped my ‘09 Camry & after making several calls that each took at least an hour- I called this tow service & it took about 5 or less minutes to schedule my car to be scrapped. He came the next morning!Very reliable & respectable service! Will be recommending him to anyone who needs towing or scrapping services.You don’t need a title to scrap with this service which is very rare in Missouri.5 stars!
Mark Walker
Mark Walker
1710624191
Professional and quick no problems at all
Makita Williams
Makita Williams
1709568485
Service was Awesome !Very quick with everything &’ respectful.I would always go to there when I need to sale a car .
Cory Watkins
Cory Watkins
1678465353
Super easy, I would recommend to anyone looking to offload an old junk car they want to get rid of.
Kristin Cameron
Kristin Cameron
1676761136
This place is great! Showed up just a few hours after we first talked with exact cash discussed in hand! Super polite and professional, thank you so much!
Jesse Munoz
Jesse Munoz
1656965728
Venesha Pierce
Venesha Pierce
1648745619
Great service! Keep up the great work !
MS TURNER
MS TURNER
1648743071
To anyone that is trying to sell your junk car look no further lucky is the best all over they are very fast Polite nice and friendly also if you don’t have a title no worries they got so check them out
Danielle Clemons
Danielle Clemons
1648739067
Came out same day. Gave me a fair price compared to others. I recommend.
KC B
KC B
1646349386
I had an excellent experience with Lucky’s Towing. His time frame was on point. *ACTUALLY he arrived 15 minutes sooner than the time he gave. I expressed to him that I needed a vehicle moved off of my property as soon as possible, and he did just that. He gave me a more than fair deal for the vehicle, and I couldn’t be happier. I would definitely refer him and be using him again.
Angie Alvelo
Angie Alvelo
1644083088
Lucky is AWESOME!! He was kind, extremely courteous, honest and prompt. He made he explained everything to me and answered all of my questions in a polite manner. His customer service skills exceeded my expectations! I would absolutely recommend using this service.
James Orsund
James Orsund
1642030798
The tow truck driver knew exactly what he was doing, very experienced guy! Made the job so much easier and less stressful. Highly recommend them!!!
Bria Fowler
Bria Fowler
1640981520
He was very respectful ,and great .Get the job done and on time 🙂
Perry Adderley
Perry Adderley
1633882671
Andrew N.
Andrew N.
1631404284
I called them up and got a bid on the phone. Car was hauled away within a fews days, paid cash. No fuss and very professional. Highly recommend you call this team if youve got an old car you need sold.
Keenan Adams
Keenan Adams
1628033941
I had a 2008 Chevy Malibu I wanted to junk out. I literally called EVERY cash for junk cars company in The Metro East and Saint Louis area and Lucky had the highest offer with $300; a lot of the other companies sounded sketchy. The second and third offers from other companies were $200 and $150. I made the call and was offered pick up two days later. If you know of someone who has a car sitting around not running, I recommend them to contact Lucky.
Michael Bailey
Michael Bailey
1620081434
I appreciate the services I just received from Walter just came and made a pickup at my place he was professional on time and very accurate I would recommend you guys services to any and everybody keep up the great work any questions please contact me thank you
anaya walker
anaya walker
1616546302
Very friendly and fast service, was very willing to work with my circumstances. 5/5 would use again if needed, highly recommended!
Je Nea
Je Nea
1614128742
I will definitely use his services again, if needed. He was fast and efficient and willing to work around my busy schedule ..Would Highly recommend.
Terry Bass
Terry Bass
1607812254
Wonderful job...great service👌🏿👌🏿
Jessica Coleman
Jessica Coleman
1607804614
Clayton Morris
Clayton Morris
1607560443
My experience was an awesome experience with Luckys towing he was a great guy on time very helpful and many other things and many other qualities that he displayed such as respect willing to help he’s really a great guy
corey donovan
corey donovan
1607539660
Can’t say enough good things. Timely. Professional. Courteous. Lucky was more than fair on the price. Whole transaction took less than 10 minutes. Hands down only company I will be using for towing from here on out!
Crystal Jackson
Crystal Jackson
1607182648
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