If you’ve been holding onto an old, non-running, or unwanted vehicle, there’s never been a better time to let it go. With scrap metal prices on the rise, selling your junk car could bring you more cash than ever before. This economic shift in the metal market makes now an ideal moment to turn that rusty old car into real money.
High Scrap Metal Prices Make It A Great Time To Sell A Junk Car
The value of a junk car is based mainly on the metals it contains—primarily steel, aluminum, and sometimes copper or platinum in components like the engine, catalytic converter, and wiring. When scrap metal prices rise, so does the amount junkyards and scrap buyers are willing to pay for your vehicle.
As global demand for raw materials increases—particularly in industries such as construction, manufacturing, and automotive—scrap yards are paying more to maintain their supply chains. That means you can command a better price for your junk car than you could just a few months ago.
Your Junk Car Is Worth More Than You Think
Even if your vehicle doesn’t run, it’s still packed with valuable materials. The engine, transmission, catalytic converter, and even the frame are all worth something in the scrap market. A rise in scrap metal prices means these components are in higher demand, driving up the payout you can expect. In some cases, sellers report getting double or even triple the amount compared to previous years.
Avoid Depreciation and Additional Costs
Junk cars don’t get more valuable over time—unless, of course, scrap prices increase. But even then, your car’s overall condition is likely to worsen the longer you wait. Parts corrode, fluids leak, and the vehicle may become more difficult or costly to tow. Additionally, keeping a non-operational car on your property may result in fines, HOA complaints, or a decrease in property value.
Selling while scrap metal prices are high ensures you get top dollar before your car deteriorates further and costs you money, rather than the other way around.
It’s Quick and Easy to Sell
Another benefit of selling now is that junk car buyers are actively seeking inventory. Many offer free towing, same-day service, and cash payments. With the scrap metal market booming, these companies are ready to move fast, and that works in your favor.
Contact Us
The rising value of scrap metal has created a window of opportunity for car owners with old or broken-down vehicles. If you’ve been on the fence about getting rid of your junk car, now is the time to act. Not only will you free up space and eliminate an eyesore, but you’ll also maximize your return before prices shift again.
To get a quote for your junk car contact us today by calling (503) 810-3061 or click here to connect with us online!
