Your Unwanted Car Might Be Worth More as Scrap Metal

Your Unwanted Car Might Be Worth More as Scrap Metal
Image: Pixabay

That old used car sitting in your driveway may be worth more than you think! With the rising cost of scrap metal, even a damaged car that may seem worthless can bring in a nice chuck of change from a scrap metal dealer.

This being said, don't expect a massive payout. While there are plenty of metal parts to a vehicle, these parts have to be separated for environmental reasons, and not all metal in the vehicles may be usable at all. Some scrap dealers may not even take certain vehicles, considering them to be more trouble than they're worth.

Your best bet is to find and sell to a business that will salvage each valuable part individually. Some junk dealers also buy vehicles for this purpose, stripping them of marketable parts before crushing the bodies into hunks of metal.

To find a potential buyer near you, try doing an online search. Most scrap metal and junk dealers will have an online presence and might even post prices. You should probably talk to a few businesses to make certain that you are getting the best deal available.

Don't want to haul your car off to the scrap yard? Consider donating it to NCCC for a tax deduction! Contact us for more information.

Get Connected with Consumer Connections

Stay up-to-date about issues that really matter! Get the Consumer Connections newsletter!

We're committed to providing you with information you need to make you a better, more informed consumer. Whether it's a vehicle recall, a product recall, or a new scam, we feature it in Consumer Connections.

So why not give it a try? Go on. All of your friends are doing it. It's completely free and comes just once a week.

Don't throw away your good money on unneeded oil changes! Most manufacturers today recommend longer oil changes, such as 6,000 miles, due to improved engine technology, better oils and a better understanding of how oils work. Are you changing your oil more often than is necessary?

Readers have been looking for ways to cut back on costs and have been looking to make those cuts in auto insurance. The main issue then becomes whether to have full coverage or only liability coverage on the vehicle. Before you drop full coverage auto insurance, you'll want to do some thinking.

If you've ever purchased or looked into purchasing a used vehicle, chances are good that you've either seen or at least heard of CARFAX, a service that provides historical information on used vehicles. But just how reliable is the information that CARFAX reports provide? They are only as good as the information that is reported.

We are urging consumers to avoid purchasing model year 2005-2010 Nissan Pathfinder, Frontier and Xterra vehicles equipped with an automatic transmission due to a potential defect that could cost thousands of dollars to repair and put the vehicle occupants' safety at risk.