Getting The Best Price When Scrapping Your Car

Many of us will at some time own a vehicle that will come to the end of its useful life and the only way to dispose of it is to a scrap yard or parts breaker. So how do you get the best price for this scrap car? Are there any tips? Or should you just take what you can get and feel lucky?

The answer is knowing the demand for the spare parts that will be reclaimed from the vehicle when going through the scrapping process. This is how the potential buyers of your old car will make money, by stripping it down and selling off the individual parts. If they make the right buying decisions by purchasing the right cars that have the parts that are under demand form owners of the same model, they make a profit, if they don’t they  could lose money on the vehicle, because there are aspects of scrapping a vehicle that cost money, especially associated with chemicals and plastics.

So try and calculate what parts are in demand by looking on sites such as Ebay, gumtree, Wish etc. And sites that will list used parts. Then compare the price of parts from your vehicle with other vehicles.

So for example, if an example engine for your car is being sold on Ebay for half as much as another engine form a similar sized car, here lies a hint that the parts within your vehicle are not worth as much as others. So in this case you should not expect to be offered much for your scrap car. So the opposite is also true and the good news in this example. If your comprisable engine is being sold on Ebay for twice as much, maybe you should expect more in return when you sell.

So to get the best price whilst selling, consider researching what certain parts are worth and mention them to the buyer. Both to remind him what kind of profit he could make, but also to reaffirm you are not going to be conned to believe your vehicle is worthless, when you have proof it isn’t.

You can also try out certain online sites like to get a free quote for your vehicle. When you do so, write a list of all the positives of the vehicle. For example, alloy wheels, low mileage, great driver and clean interior good be good examples to drive the offer price up. If a breaker yard has a buyer for the interior of the car you are scrapping, then they may be in a position to offer you a great quote, to get that car quickly.

There may be certain this that you could sell separately, to gain that extra buck. For example, the CD player, dog guards or additional accessories could be sold separately.  If you are really brave the most common types of parts in demand, are door mirrors and bumpers.

Views: 17


You need to be a member of to add comments!


Latest Activity

Scot Eisenfelder posted a blog post
21 hours ago
Bill Wittenmyer posted a video

Freebie Friday: Persistence Pays Off

VP of Sales CDK Global Bill Wittenmyer shares why persistence is your best ally towards productivity in this Freebie Friday.
22 hours ago
Andy Church posted videos
22 hours ago
Reynalda Lor posted a discussion

KeepTruckin ELD Vs. Omnitracs ELD

Greetings!We recently purchased 2 trucks for commercial transportation purpose an now, looking for…See More
22 hours ago
Jim Flint posted a blog post

Can Vendor Partners Predict Sales?

Are the hottest models, too hot to the touch?See More
23 hours ago
Brian K. Cline posted a blog post
Jim Leman posted a video

Rapid Recon with Jason Church, GM, Courtesy Volvo of Scottsdale

Auto dealer Jason Church discusses how Rapid Recon workflow software reduces time to market to improve used car profitability.
Erik S. Nachbahr posted a video

How to Evaluate IT Solutions for Your Dealership

Helion Technologies Founder & President Erik Nachbahr shares some tips on what dealerships should be looking for in an IT solution for their dealership.
Dean Martin posted a blog post
Cory Mosley posted a video

Online Sales Success Workshop - Tim Cox of CarNow

The super smart and hilarious Tim Cox joined me for a quick video chat about the state of the digital car business and some of the things he will be covering...
Mike Esposito posted a blog post

Auto/Mate Integrates DMS with MacroFile Electronic Document Management System

Albany, N.Y. – May 22, 2019 – Auto/Mate Dealership Systems announced today it has successfully…See More
Timmy D. James posted a blog post
Mike theCarGuy Correra posted a video

The Importance of Doing Social Media the Right Way

DealerBuilt Account Manager Mike Correra explains why dealers should focus on the right things on social media for their presence to be effective.
Damian Boudreaux posted a blog post

Value Your Company

We want you to be profitable and proud of what you do. We want you to have all the success that you…See More
Black Book posted a blog post

Stable Market Except for Luxury Vehicles

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car…See More
Cory Mosley posted videos
Walter McNulty posted a status
"If you are in need of any of our services please contact me today!"
John Sternal posted blog posts
Erik S. Nachbahr posted a blog post

Helion Technologies Becomes a CIS SecureSuite Member

Timonium, MD –­ May 21, 2019 –­ Helion Technologies today announced it has become a CIS…See More
Simon Hopes posted a blog post

3 Tips to Sell Luxury Cars on the Internet

Luxury cars is a consumer good present on the wish list of much of the population, currently the…See More

Get Newsletter

© 2019   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service