Calculate The Value of Your Scrap Car With This Easy To Use Formula

Calculate The Value of Your Scrap Car with this easy to use formula

Selling a scrap car for cash can feel like a daunting task. From choosing the right car buyer to getting a reasonable price for the car, all of this can prove to be extremely difficult for someone doing this for the first time.

But luckily, here we have eliminated all the complexities of the process, and we give you a simple way to earn maximum cash for scrap cars in Brisbane area.

 

Know The Value Of Your Scrap Car By Using This Formula

 

When you go out in the market looking for the best scrap car buyers, you will be bombarded with hundreds of offers, each claiming to be better than the others. But how exactly will you know which offer to choose?

To help customers make an informed decision, we have developed an easy to use formula you can use to estimate the value of your vehicle.

 

Value of your scrap car = weight of cars in tons x price of scrap metal per ton

 

Weight Of Your Vehicle 

 

There are several ways you can know the weigh your vehicles

  1. By looking into your car’s Owners Manual.
  2. Checking the side door of the vehicle. As the information related to weight is found near where the VIN is.
  3. By using weight calculators available online.

 

 

Price Of Scrap Metal

Car owners can know the prices of different metals by visiting scrap metal websites. Metal prices fluctuate a lot; therefore, checking the prices before selling the car is essential. Most cars are made up of 60% steel, and about 10% of the metal in the vehicle is aluminium. Even though these metals are primarily present in the vehicle’s frame, they can still be worth a lot.

 

Why Are You Getting The Minimum Value As A Car Seller?

 

Many cars, when they are sold, are not in optimum conditions. For example, scrap vehicles have missing parts, rusted bodies, broken windows, damaged wiring, etc. And companies that purchase these vehicles have to remove all the damaged or rusted parts of the vehicle before weighing these cars.

This results in vehicles weighing less than it was estimated before removing the damaged parts. Therefore, this is why you don’t receive the maximum value for the vehicle as a seller. 

 

Factors That Play A Vital Role In The Value Of Your Scrap Car

Fluctuation in the scrap metal prices and weight of the vehicle plays a significant role in determining the value of a scrap vehicle. Still, there are also other factors that affect the value of your car, including:

 

–         Company Expenses

Cleaning the vehicle, salvaging valuable parts from it and wrecking it all requires time and effort. Hence, companies also keep a profit margin for themselves when pricing your scrap vehicle so they can cover all of these expenses.

 

–         Paperwork and documentation

Carrying out the necessary paperwork and transferring a car’s title are jobs not everyone can carry out in the proper manner. So, cash for car businesses hires specialized clerks to handle them all. This is another expenditure the car buyers keep in mind when valuing your car.

 

–         Car Towing

Vehicle towing is another expenditure car buyers consider when evaluating your car. Most cash for car businesses have in-house towing vehicles for car removal, while others rent these services when needed. Whether you own a tow truck or rent it, still the whole process can be quite expensive.

 

–         Cost of fuel

Cash for car businesses provides FREE towing services all over the city. This means a tow truck may travel hundreds of miles in a day. The cost of fuel consumed during this time can be a lot unless the cash for car businesses balances it out by making enough profits from the vehicles they are purchasing.

 

Who can you sell your scrap car to for maximum cash in Brisbane?

 

There are many reliable cash for car businesses available in the Brisbane area. One of the most trustworthy car buyers we have encountered in QLD is SpeedyCashForCars.

They have an easy-to-use and convenient process that you can use to sell your vehicle within 24 hours. The process is as follows:

 

  1. Get a FREE quote from here. Speedycashforcars
  2. Enter details of your car so the business can accurately value your vehicle.
  3. Schedule an in-person car inspection for your car.
  4. Book a suitable day for car removal
  5. Fill out the paperwork.
  6. Get paid in cash for the car.

 

SpeedyCashForCar offers top quality services that make car selling a breeze. And the best part is that you can earn maximum cash for scrap cars in Brisbane up to $9,998 instantly.