“I need to sell my car for cash…” People make this statement when they drive a car that brings more trouble than reliable transportation. When selling a car to a junkyard, liquidating a vehicle that has reached the end of its lifespan and no longer drives. If you have a car like this, a Lubbock, Texas, car buyer, may be willing to buy the automobile for a competitive price.
Junk Car Prices
The national average for the price of junk cars is about $200-$400 per car. The price is largely based on four factors: make and model, age of automobile, longevity of the vehicle, customer demand for parts from the cars, and, of course, how many resalable components the vehicle contains.
So, what happens when your junker is so badly damaged — such as by a fire or a high impact collision — that it literally has no reusable parts. Are you out of luck? Not necessarily.
Some junkyards participate in vehicle recycling, buying spent car frames to sell to auto recyclers. When it’s offered to an auto recycler, your vehicle would need to be a proverbial pile of rust to be worth nothing.
As a recap, your junker is likely worth a few hundred dollars. The primary keys for receiving great price quote is offering the vehicle to a professional Lubbock car buyer, one that provides free towing for cars that they purchase.
Used Car Prices
You typically find pre-owned, operable cars at auto dealerships and not junkyards. However, some junkyards buy both junk cars and working vehicles, the latter of which are usually sold in a separate section of the junkyard. Because they don’t apply an astronomical markup to the fair market value (FMV) of the car — which means they need to purchase it for a low price. Junkyards frequently buy used cars for considerably less than auto dealers.
Interested to see if your getting an offer for your used automobile that’s close to fair market value? Check Kelley Blue Book and other respected industry price guides before agreeing to the sale.
Wrench-A-Part buys used vehicles and end-of-life vehicles, offering competitive prices for each. If you’re looking for a Lubbock, Texas, car buyer that makes fair price offers and does not charge for towing, call Wrench-A-Part’s Lubbock location today at 806-748-5865, or our use our contact form. We look forward to hearing from you and seeing how we can help!