Common Types of Metal in Junk Cars

If you are wondering why you can get paid cash for a totaled or junked vehicle, it is because they contain metal that can be reprocessed and reused over and over again! Metal is 100% recyclable, so selling a junk car to a local scrapper is an excellent way to help the environment and put some cash in your wallet.

Continue reading to learn which areas of a vehicle contain desirable amounts of metal, as well as, how to get started selling a junk car in Indianapolis.

Indianapolis Junk Car Buyers 317-608-2188
Indianapolis Junk Car Buyers 317-608-2188

⚙ Aluminum

Aluminum is found in various parts and components inside a vehicle. Common parts that contain aluminum include motors, doors, hoods, and rims.

⚙ Lead

Lead is abundant in a junk car. Parts inside the battery are often made of lead, as well as, the wheels. Car wheels are an excellent automotive component to scrap for cash because they are heavy.

⚙ Steel

Steel is the majority of metal found in a junk vehicle. Also known as shredded auto scrap, you can find it in the frame, chassis, engine, and virtually all other components inside a car.

⚙ Copper

Cars contain all sorts of electrical wires, and copper happens to be the best metal for heat and energy transfer. Many of a vehicle’s wires are made of copper, which can be repurposed.

⚙ Precious Metal

Inside a car you’ll find a catalytic converter, which is primarily comprised of two highly-valuable precious metals, platinum and palladium. Gold can also be found in computer circuit boards.

How Much a Junk Car is Worth

The total value you can expect to receive for selling a junk car will vary depending on several factors. Not only does the worth of a junk car depend on the attributes of the junk car itself, it also depends heavily on current stock exchange prices, market metal values, timing, and perhaps the most influential, industry demand. Read our blog, “How Much Can I Make From Selling a Junk Car” to understand how much you might get paid for your junk vehicle.

In order to feel confident that you are getting paid the right amount of cash for your junk car is to choose a reputable Indianapolis junk car buyer to do business with. Look for a professional business that has been serving the community for some time, and provides customer amenities like free quotes and haul away service. You also want to look for positive customer feedback and reviews.

Skip the Hassle and Go Directly to the Pros!

Call GC’s Junk Cars at 317-608-2188 to sell a junk car for cash in Indianapolis, Indiana and its surrounding counties. We offer free towing with our in-house tow truck, so all you have to do is call and accept our offer! We will schedule a time to pick up your vehicle and pay you cash. Call 317-608-2188 to request a free estimate, today.

GC’s Junk Cars
GC’s Junk Cars 317-608-2188

FAQS About Total Loss Cars and Claims

When it comes to the claims process for a totaled car, policy holders tend to have a lot of questions and concerns. The best way to learn about your automotive insurance carrier’s claims process is to contact them directly and speak with a company agent. You can also scroll below to review some of the most frequently asked questions and answers about total loss junk cars and insurance claims.

Indianapolis Junk Car Buyers 317-608-2188
Indianapolis Junk Car Buyers 317-608-2188

What is a Total Loss Vehicle?

A vehicle is considered “totaled” when the cost to repair it back to its previous condition is more than the current value of the vehicle. Insurance companies and car manufacturers have stringent procedures and requisites in place to determine these values. With a totaled vehicle on your hands, you may feel like you are at a total loss; however, if you have insurance, you should be just fine depending on the level of coverage your policy provides.

Can I Keep a Totaled Car?

If you want to keep your totaled vehicle, you must inform your insurance company. In this case, you can expect to receive less money for the vehicle. If you were to accept money from the insurance company, and then keep your vehicle, you could be found guilty of insurance fraud depending on the specifics of your situation. Some policies allow people to keep their totaled vehicle, while others include language that does not permit this at all. So always check with your provider for details regarding your policy limits.

Do I Need to Remove My Totaled Car From My Insurance Policy?

Yes, you will need to eventually have a totaled car removed from your insurance policy. After all, you don’t need to cover a vehicle that will never be driven again. But make sure you wait until after you return your rental car and the title or lease of the totaled vehicle is no longer in your name. Again, check directly with your insurance carrier for details regarding your specific policy parameters.

Who Will Get the Insurance Settlement Payment for the Accident?

With full coverage insurance, you can expect to receive money from your insurance provider to repair the damages, or to settle the note with the lien holder and cover the cost of a new vehicle of equal current value. If you have liability coverage, you will mostly likely receive less from your insurance provider, and have to pay more out of pocket.

What Can I Do With a Totaled Car That is Not Covered?

If you do not have insurance, your best option is to junk the vehicle for cash, and apply your profit toward a new car purchase. You can do this by contacting a trusted junk car buyer and requesting a free phone estimate. If you accept their offer, they will usually come pick up your vehicle at no extra charge! Only reputable and highly professional junk car buying companies offer this kind of service.

Just Call Our Trusted Indiana Junk Car Buyers!

Call GC’s Junk Cars at 317-608-2188 to sell a junk car in Indianapolis to our reputable and honest Cash for Cars Company you can trust. We offer free towing with our in-house tow truck, so all you have to do is call and accept our offer! We will schedule a time to pick up your vehicle and pay you CASH ON THE SPOT! We accept all vehicles and motorized commodities, regardless of age or condition. Request a free estimate, today!

GC’s Junk Cars
GC’s Junk Cars 317-608-2188