What You Need to Know About Your Fire Damaged Vehicle

If your car catches fire, there are some things you need to know about insurance coverage and the claims process. Since there are different scenarios that can cause a car to catch fire, you can expect to come across different limits of coverage and procedure for each. Continue reading to learn some basic information about car insurance claims and coverage in the case that a vehicle is burned down in a fire.

Car Scrappers Indianapolis Indiana 317-608-2188
Car Scrappers Indianapolis Indiana 317-608-2188

Not All Car Fires Render a Totaled Car

Car fires will clearly do a lot of damage to a vehicle. In most cases, cars are rendered a total loss after an engine or chassis fire. Fortunately, most insurance policies offer additional coverage for fires. This is called “comprehensive coverage”, and it will cover damages caused by a fire regardless of how the blaze occurred. However, this type of coverage must be purchased before a fire occurs. Some of the most common causes for automotive fires include car accidents, engine fires, garage fires, and arson.

Motor Vehicle Accidents

Motor vehicle accidents are one of the most common causes for car fires. Serious vehicular collisions and accidents can damage fuel lines and fuel tanks, which leads to gasoline leakages. A tiny spark from metal colliding together is all it takes for combustion to happen. This is often the reason why fires break out after a car accident.

In terms of insurance coverage, the answer can be complex. Depending on how the blaze occurred and the parameters of your coverage, the damage could fall under comprehensive or collision. It is necessary to discuss this with your insurance adjuster to learn the details pertaining to your particular policy. If you do not have collision coverage insurance, there is still a possibility that it could be covered under comprehensive.

Garage Fires

In the case of garage fires, which are more common than you think, vehicles can experience a severe amount of damage. Most of the time, they are rendered totaled. Because garage fires are commonly caused by a household hazard or malfunction, people tend to assume that homeowners’ insurance will cover the damages to their vehicles; but the truth is that homeowners’ insurance never covers vehicles. Instead, cars damaged in garage fires are only covered under comprehensive coverage.

Engine Fires

Engine fires generally result in a total loss vehicle. That is because the cost to purchase and install a new engine is often close to the actual cash value of the vehicle. In this case, comprehensive coverage will cover engine fires. However, it is important to know that car insurance policies do not typically cover mechanical defects in car engines. Fires are the exception to this rule. Whether a vehicle is a total loss or not, a car insurance policy will likely pay the actual cash value of the vehicle minus the owner’s insurance deductible.

Arson

There’s not much to say about the criminal act of arson, except that it does happen to vehicles and the damages can be covered by car insurance policies. Comprehensive coverage covers vandalism, so if a vehicle is intentionally set on fire, the damages are covered so long as a police report is made.

Sell a Burned Car in Indianapolis for Cash on the Spot

If your car is damaged in a fire, you likely have a total loss vehicle on your hands. Sell your totaled car for cash on the spot to a local junk car buyer. They will pay you cash for the actual cash value of your vehicle. This is sometimes more than what you can get from your insurance company!

Not sure which Cash for Cars Company in Indy to trust for the highest junk car payout? Contact GC’s Junk Cars at 317-608-2188 to speak with a licensed and qualified junk car buyer about scrapping a burned vehicle in Indianapolis, Indiana. We provide free phone quotes and junk car removal!

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Why is My Check Engine Light Flashing?

Uh oh. Your Check Engine Light icon just lit up. And instead of being the usual solid symbol or phrase, it is flashing. Is this nothing to worry about? Does this mean something serious? Continue below to learn some of the most common reasons why Check Engine Lights come on, including the meanings behind solid and flashing symbols.

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

Check Engine Light Diagnosis

Before diving into the difference between a flashing Check Engine Light and a solid one, let’s cover some of the most common reasons why Check Engine Lights illuminate in the first place. Answer some questions, like “Did you just add fuel to your tank with gas?” or “Did your car jolt or vibrate the last time you drove it?” The answers to these questions can help you narrow down the cause behind the symbol. If you forgot to tighten your gas cap all the way, for instance, your car’s onboard computer system will trigger the Check Engine Light to turn on. If you felt a jolting, jerking, or vibrating movement from your car the last time you drove it, the culprit could be a quick fix like a worn spark plug.

Flashing Check Engine Light Versus Solid

For most vehicles, the Check Engine Light will illuminate in all its glory as a solid symbol or phrase to warn against minor to moderate problems. Some vehicles have a Check Engine Light that comes up solid or flashing. In vehicles that only have a solid Check Engine Light symbol, the color of the icon might change from sun colors to red to indicate a more serious issue.

If the symbol or phrase are flashing, it generally indicates a more serious problem. A flashing Check Engine Light suggests that you have an automotive emergency and should have your vehicle towed, that’s right, towed to the nearest mechanic shop for diagnosis. Driving with the Check Engine Light on is dangerous because it poses several safety risks, but also does a lot of damage to a vehicle.

Common reasons for a flashing Check Engine Light are engine misfiring and overheating. Both of these mechanical defects can do significant damage to the internal parts of the engine block, including cylinders, pistons, spark plugs, and more.

Red Check Engine Light

As mentioned, in addition to solid and flashing, Check Engine Lights can also be different colors, which might signify different types of mechanical needs. In most vehicles, a yellow or orange Check Engine Light denotes a minor to moderate mechanical, safety, or performance issue in a vehicle. If the light turns red, it is indicating an automotive repair emergency. In this case, a car should never be driven.

Did your car’s diagnosis come back totaled? Not to worry! You can still make a generous profit by selling it to a trusted Cash for Cars Company near you! Contact GC’s Junk Cars at 317-608-2188 to speak with a certified Indianapolis junk car buyer for details on how to get started! We offer free junk car removal and accept all old or broken auto parts!

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What You Can Do With an Old Car

An old car that does not run anymore probably doesn’t serve you any purpose. But it can serve a purpose for someone else! For this reason, there are several viable ways to get rid of an old car you no longer want. Continue reading to learn the best options for getting rid of an old, broken down car in Indianapolis.

Junk Car Buyers Near Me Indianapolis Indiana 317-608-2188
Junk Car Buyers Near Me Indianapolis Indiana 317-608-2188

How to Get Rid of an Old Car That Does Not Run

Believe it or not, your old car can still be put to good use. Depending on what’s available to you, you can choose to trade it in, repair it, donate it, sell it as is, part it out, or junk it. Review some common advantages and disadvantages of each option below to better understand which route is most compatible with your objectives.

You Can Trade It in to the Dealership

Trading in an old car to the dealership is not an option for everyone. Not all dealerships take trade-ins, and the ones that do generally have very strict guidelines for the vehicles they accept. If your old car is in decent condition and still runs, your dealership might give you the trade-in value along with any current promotions or buying incentives. This is beneficial because it can help lower the cost of a new car.

You Can Have It Repaired

If your old car is still in pretty good condition but doesn’t run, you can choose to have it repaired. After some factory scheduled maintenance and parts replacements, you can get your car up and running again. The downside to this option is the cost. Old cars will generally need a lot of repairs and several parts replaced to make it operational. If your old car is a classic or has sentimental value, it could certainly be worth the investment.

You Can Sell it “As Is”

If you don’t want to mess with the hassle of getting rid of an old car, you can simply list it and sell it as is. This means you sell the vehicle without doing any type of maintenance or repair to it before signing it over to another person. You can choose to sell your old car privately, online, or at a local dealership that accepts broken down cars.

You Can Dismantled and Sell its Parts

With an old car, you always have the option of parting it out. This means you would hire a mechanic to dismantle the vehicle piece by piece, then you would personally list each part for sale, either online or in the classified ads. The downside to this tedious nature of the product, and the hassle of listing, negotiating, and selling each part. The upside is the profit. You can typically make more money from parting out of vehicle than you can selling it as is, but only if you can somehow abate the cost of hiring a mechanic.

You Can Donate It

Car donations are a philanthropic option for those who like to give back to their community. You can donate your old car to your church, to the Salvation Army, to a veteran’s organization, or to an auto recycling center. Not only is this a benevolent way to get rid of an old car, but it is also tax-deductible.

You Can Sell it to a Junk Car Buyer

If your old car is totally junked and there is no hope in repairing it back to an operational condition, your easiest option is to junk it at a local auto salvage yard. If you choose a reputable and responsible Indianapolis cash for cars company, you might also enjoy free towing service, a high payout, and friendly assistance.

But which junk car buying business can offer all of you all of these amenities and more? Contact GC’s Junk Cars at 317-608-2188 to sell a junk car for cash in Indianapolis, Indiana. We offer free towing with our in-house tow truck, so all you have to do is call and accept our offer!

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The Difference Between Chop Shops and Auto Salvage Yards

Many people misinterpret the operations and intentions of an auto salvage yard. Those even more misinformed compare auto salvage businesses to chop shops. But these misinterpretations could not be farther from the truth. Continue below to learn the true and significant differences between chop shops and auto salvage yards, and why the distinction is so important.

Junk Car Company Indianapolis Indiana 317-608-2188
Junk Car Company Indianapolis Indiana 317-608-2188

A Chop Chop is NOT the Same as an Auto Salvage Yard

Chop Shops

Chop shops are illegal garages run by criminals, namely organized crime syndicates, who employ mechanics to dismantle car parts from stolen vehicles and sell them on the black market. Chop shops are an illegal operation that take advantage of innocent victimized by grand theft auto. Although most people who steal cars tend to dump them after their joyride is through, many others sell them to chop shops. So, you can instantly see how chop shops are nothing like auto salvage yards.

Auto Salvage Yards

Auto salvage yards are legally operated businesses that accept junked and totaled vehicles for auto recycling and repurposing applications. Such businesses adhere to local, state, and EPA guidelines for safe and responsible auto scrapping and recycling. Not only do they pay the public for junk cars and similar motorized commodities, which is excellent for the economy, but they also dismantle junk cars for refurbishable car parts that can be sold at a discounted price to the general public. They responsibly process all remaining scrap metal, which is a significant environmental benefit of auto recycling.

Much of the metal taken from junked cars, mostly iron and steel but also aluminum, copper, and even precious metals like platinum and gold, are repurposed back into newer car parts. The steel and iron are recycled from vehicles is often used to construct bridges, appliances, road signs, and much more. Junk cars and scrap vehicles also contain a lot of plastic, which is properly repurposed into new plastic commodities. Tires and batteries are recycled too.

If you have a totaled car, truck, or motorized commodity like a tractor or forklift, it has not gone to waste. Contact a reputable Indianapolis auto salvage yard to get a free quote for your scrap asset. You can earn up to $500 for junk car! By choosing the right junk car buying business, you can enjoy free junk car removal and the highest cash payout around. A responsible and well-established Cash For Cars Company in Indianapolis will have the adequate capital to pay out the full value of your junk vehicle, plus deliver a wide range of amenities that make the junk car selling process easy and convenient for you.

Not sure which junk car buying professionals will offer you this level of service and convenience? Well, you’ve already found them! Contact GC’s Junk Cars at 317-608-2188 to sell a junk car for cash in Indianapolis, Indiana. We offer free towing with our in-house tow truck, so all you have to do is call and accept our offer!

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Can I Choose to Keep My Car After Totaling It?

For most, car accidents are emotionally-draining experiences. But with proper insurance coverage, they do not have to be financially-draining. Learn your options for keeping a totaled car, and how to do so without committing fraud with your insurance company.

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

When is a Vehicle Totaled?

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.

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.

Uninsured or Underinsured Drivers

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.

Insurance Claims and Totaled Cars

If your insurance company marks your car totaled, they will take your vehicle and give you a check for the current value. However, 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. It is important to talk to your insurance provider and learn the details of what your policy covers and what it does not. Do this before an accident occurs so that you make better decisions regarding what you can do with a totaled car.

Did you total your car, but it is not covered by enough or any auto insurance? Contact GC’s Junk Cars at 317-608-2188 to sell your junk car for cash on the spot to one of our Indianapolis junk car buyers! We even offer free junk removal!

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How Much Does it Cost to Tow a Junk Car?

If your auto insurance policy doesn’t include a roadside assistant perk, you may be left to pay for junk car towing yourself. Continue reading to learn the average rates for towing a wrecked, junked, or totaled car to an auto salvage lot, plus how you can get the best deal on salvage towing in Central Indiana.

Junk Car Towing Indianapolis Indiana 317-608-2188
Junk Car Towing Indianapolis Indiana 317-608-2188

Junk Car Towing Fees

Most junk car companies provide towing service and include the cost of the service in their offer or final payout. So, it is unlikely that you will find a buyer that requires you to make your own towing arrangements. However, be prepared just in case. Research the average towing rates among the local businesses in your area so that you have a base understanding of the market. You can use these local rates as a comparison when asking about the rates offered by junk car buying companies.

Junk car companies use different approaches to junk car removal towing. Some companies have their own tow trucks, while others use a middleman operation to tow junk cars to their lot. Either way, junk car companies that charge a fee for junk car removal will adjust their rates based on the cost for them to provide towing. After all, they are in business to make money. As a result, junk car towing fees are usually high.

Average Cost to Tow a Junk Car

The average rate to tow a vehicle to an auto salvage lot in Indianapolis using a private towing service will depend on the set rates for the business, the location of your vehicle, and the type of vehicle you are scrapping. On average, you can expect to pay anywhere from $75 to $250 to tow a junk car to an auto salvage yard. Smaller cars that are closer to the destination will cost less to tow than large cars that are father away, and so forth. The level of difficulty to access the car for towing will also have an impact on the towing fee.

Junk car companies charge much less the private towing businesses. You can expect to be charged anywhere between $25 and $80 for junk car towing through a Cash for Cars company. However, the same factors used by private towing businesses are used by junk car companies to generate an offer for a junk vehicle. So, if your car is far away, difficult to access, and low in scrap value, you will be offered a lower payout. Upon your payout, junk car companies deduct a towing fee.

How to Get Free Junk Car Removal in Indianapolis

There is a way to avoid paying for junk car towing in Indiana. Choose GC’s Junk Cars as your Indianapolis junk car buyers! We provide FREE TOWING for junk cars, trucks, motorized vehicles, boats, and more! Best of all, we pay CASH ON THE SPOT!

As a leading Cash for Cars Company in Central Indiana, we are well-established and sustain the necessary capital to provide the MAXIMUM PAYOUTS for junk cars, plus convenient, cost-efficient amenities, like free offers and free junk car removal! We can offer free towing because we have our own, in-house tow trucks, which means there is no middleman in our junk car selling process! You get paid more and charged less when you sell a junk car in Indianapolis to GC’s Junk Cars!

Are you ready to get in touch? Contact GC’s Junk Cars at 317-608-2188 to get started with the junk car selling process in Indiana. We serve all of Central Indiana, including Bloomington, Avon, Greenfield, and Zionsville.

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Facts About Junk Cars and Actual Cash Value

Do you have a junk car or junked motorized vehicle of sorts that you want to sell at the highest price possible? If so, then you will need a basic understanding of auto salvage sales and actual cash value (ACV).

Continue reading to learn some fundamental facts about junk cars and actual cash value, plus where you can sell a junk car in Indiana without being subjected to any hidden fees or surprise charges! That means more money in your pocket!

Indianapolis IN Auto Salvage Lot 317-608-2188
Indianapolis IN Auto Salvage Lot 317-608-2188

Auto Salvage Sales in Indiana

As you begin your search for auto salvage yards in Indiana, you will notice that there are hundreds to choose from. But be careful; not all junk car lots are alike. It is important to choose an experienced and fully-qualified auto salvage yard in Indiana that has the proper permits, zoning, and equipment to responsibly recycle cars according to all local regulations and EPA guidelines.

Most importantly, you want to choose a junk car buyer who can pay you the most money possible for your vehicle. This includes choosing an auto salvage lot that offers certain client amenities, such as free junk car removal in Indianapolis and free estimates.

Some junk car buying companies will provide these services, but then surprise you in the end with a charge for them. If you want to make the most profit from your junk car, be sure to choose a company who does not surprise you with hidden fees or charges.

Furthermore, it is important to choose a junk car buyer who pays cash on the spot. Some cash for cars companies will promise to send payment in the mail, but that payment never arrives, order arrives very late or in the wrong amount.

Here are the top things to look for in a junk car buying company:

☑ Experience
☑ Community Establishment
☑ Licensing
☑ Customer Amenities
☑ Cash Payouts
☑ Flexible Scheduling
☑ Wide Service Area
☑ Good Customer Testimonials
☑ Easy Communication
☑ Responsible Auto Recycling

Determining the Value of Your Junk Car

In order to understand what a fair offer would be from a junk car buyer in Indianapolis, you must understand how junk car value is calculated. Actual cash value (ACV) refers to the true and current market value of the vehicle.  This value includes depreciation and damages. You can find actual cash values for various make and model vehicles on book value portals like Kelly Blue Book or NADA.

Auto salvage yards will use the actual cash value and the current scrap metal market values to determine how much to pay for a junk car. Auto salvage yards will also take into consideration other factors to generate a final offer, such as the vehicle’s make, model, condition, and location.

Are you looking for the best Cash for Cars Company in Indiana to sell your junk car to? Contact GC’s Junk Cars at 317-608-2188 to get started on the car selling process, today! We pay cash on the spot for all junk vehicles, no matter the condition! Plus, we offer free junk car removal! No hidden fees, ever!

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

Vital Car Fluids and What You Need to Know About Them

Your vehicle is an important asset that requires routine maintenance and responsible driving to perform safely, efficiently, and for many years. Among the various car maintenance requirements for all vehicles, regardless of make or model, automotive fluid management is arguably the most important task. Your vehicle requires 7 of them, all at once, without exception. Do you know what they are?

Continue reading to learn the seven essential automotive fluids every vehicle needs to drive safely and stay in good condition for years to come.

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

Your Vehicle Needs These 7 Car Fluids

Motor Oil

Engine oil is of course one of the most well-known and significant fluids for cars and trucks. It lubricates all the inner workings and moving parts of a car engine’s crank case to reduce heat-causing friction. Without proper lubrication at all times, parts like pistons, valves, and more, are subject to damage. This renders a motor useless.

Depending on the make and model of your particular vehicle, the schedule for oil changes will vary slightly. Check your owners’ manual or consult a trusted local mechanic for information about your vehicle’s factory scheduled maintenance. Generally, motor oil should be changed every 5,000 or 6 months, whichever comes first.

Radiator Fluid

Your vehicle’s coolant is a must, since without it, your car is sure to overheat. Radiator fluid, also called coolant or antifreeze, is a 50/50 combination of solution and water, and can come in a variety of colors depending on the brand and type you buy. It keeps the engine from overheating by circulating through the engine and collecting heat, returning it to the radiator, and then dispersing this heat outside. This should be changed as needed, depending on how often you drive and your driving habits. Generally, coolant should be changed every 3 to 5 months, or 3,000 to 5,000 miles.

Windshield Wiper Fluid

Most often forgotten or overlooked, windshield wiper fluid is an essential part of driver and passenger safety. This is a fluid anyone can re-fill themselves, as needed. Simply by this well-known blue solution at a gas station or auto parts store. Refill as needed.

Transmission Fluid

Transmission fluid is red in color and very similar to motor oil in terms of its function. This is because it cools and lubricates the inner workings of a vehicle’s transmission. This keeps the vehicle’s gears in good condition, allowing for easy gear changes and functionality. Generally, this fluid should be changed one time per year. Again, check your owner’ manual, or download one online, for specific maintenance schedule information.

Brake Fluid

In terms of passenger safety, you might say brake fluid is the most important for a vehicle. Brake fluid allows for proper hydraulic functioning of the car brakes. When you push down on the brake pedal, the brake fluid compresses, sending hydraulic force to the brake pads and shoes, which provides the friction needed to stop a vehicle. Generally, brake fluid should be replaced every 2 years, or 30,000 miles. Check your owners’ manual for details.

Power Steering Fluid

Power steering fluid is pressurized by a small hydraulic pump that is powered by the vehicle’s engine. It allows the vehicle to turn easier. This fluid enhances the steering mechanism of a car or truck. Without it, it would feel as if the steering wheel weighs 100 pounds. Power steering fluid needs replaced generally every 4 years or 60,000 miles.

Battery Fluid

If your vehicle has a “maintenance-free” battery, then you will not be required to check its fluid levels. But for older model cars and trucks, batteries have individual cells that need to be refilled with battery fluid. This fluid, of course, maintains the car battery’s power, allowing for turning the ignition and starting the engine. Battery fluid should be changed generally every 6 to 8 months or 7,500 miles.

If your car bites the dust, don’t think for a second that you are out of luck! Contact GC’s Junk Cars at 317-608-2188 to sell a junk car in Indianapolis, Indiana. We offer free junk car removal, so all you have to do is call and accept our offer! Request a free estimate, today.

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

How to Diagnose Water Damage in Your Car

Flood damage in a vehicle can be devastating to its overall value. In many cases, serious water damages will total out a car. With the ongoing rainfall and impending wintry conditions, water and flood damage are an even higher risk for cars and trucks. It is a good time to inspect your vehicle for signs of water damage before any existing leaks or flooding can worsen. Furthermore, standing water can quickly evolve into a mold outbreak, which is toxic to your health. The sooner you resolve water damages in a vehicle, the better.

Continue reading to learn how to diagnose flood and water damage in a car, plus how you can make back cash if yours is totaled because of such damage.

Indianapolis IN Auto Salvage Yard 317-608-2188
Indianapolis IN Auto Salvage Yard 317-608-2188

Signs of Flood Damage in a Vehicle

There are many signs you can look for that will tell you how serious the water damages are in your car, if they even exist at all. But the top three signs that are strongly suggestive of flooding include musty smells, visible mold growth on upholstery or carpeting, wetness and moisture, and rust.

Musty Smell

Standing or sitting water will generate a musty smell in the air in enclosed areas. Your car’s interior cabin provides the perfect conditions for damp air to thrive. If you have moderate to serious water damage in your car, your interior is bound to smell like your grandmother’s basement.

Mold Growth

Moisture and lack of sunlight are the perfect conditions for damp air to thrive, but also for mold to grow. If you spot black-ish or dark-colored mold spreading on your seats, inside your trunk, or on your carpeting, you have water damage in your vehicle.

Wetness

If your carpets or upholstery inside your vehicle are wet to the touch after 24 hours, it is safe to assume that your car has moderate to severe water damage. If your carpets are wet after a rainy or snowy day, they should dry within 24 hours.

Corrosion

If the metal components and aesthetics inside your car are showing signs of rusting or corrosion, water could be the source of the problem. Inspect your doors, door jams, dashboard, pedals, and handles for rust or metal corrosion.  Beads of water or moisture inside your tail and headlights are another sign of water damage.

Take Advantage of Auto Salvage if Your Car is Water Damaged

Noticing any of these signs is indicative of a need for immediate auto service or repair. If your car is now totaled because of serious flood and water damage, you can still make good use of it, that is, if you choose a reputable Indianapolis junk car buyer. Auto salvage yards are prime resources for anyone who has a junked or totaled vehicle. The best ones pay cash on the spot and provide free junk car removal.

Not sure which junk car buyer to trust for the highest cash for cars payout? Contact GC’s Junk Cars at 317-608-2188 to speak with a licensed and qualified Indiana cash for cars professional and receive an instant quote over the phone! We also provide free junk car removal!

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Top 4 Precious Metals in Junk Cars

For most vehicles, rubber, fiberglass, and steel are the primary materials used in the manufacturing process. However, many people do not realize that cars and trucks also contain precious metals, which are rarely occurring metals with high economic value. Continue reading to learn the top 4 precious metals found in junk cars and where to get the best price when you are ready to sell yours in Central Indiana.

Indianapolis Cash for Junk Cars 317-608-2188
Indianapolis Cash for Junk Cars 317-608-2188

What is a Precious Metal?

Precious metals are those found in nature, that occur naturally but very rarely, and therefore have a high economic value. Aside from rarity, precious metals have a high economic value due to their advantageous properties, such as electrical conductivity, corrosion resistance, and more. When it comes to junk vehicles, the top four precious metals you can count on include palladium, platinum, gold, and silver.

Palladium

If you are a fan of the Marvel movies, you’ve likely heard of palladium thanks to Iron Man. But palladium is a real naturally occurring precious metal that is used in various industries and applications all across the world. As for the automotive industry, palladium is commonly found within the catalytic converter. Using a palladium alloy to line catalysts within the catalytic converter because it reduces manufacturing costs. Other precious metals, such as rhodium, may also be used in this manufacturing process for cars.

Platinum

Platinum is another rarely occurring precious metal that is commonly used in the jewelry making industry. However, platinum is also a primary constituent in catalytic converters. So, catalytic converters commonly contain platinum, palladium, and rhodium all in one. For this reason, catalytic converters are one of the most expensive auto parts.

Gold

Although it is not common knowledge, gold is a valuable precious metal found in almost every modern-day vehicle. Basically, if your car has a computer system, your car contains gold. Computer circuit boards are generally designed with gold-plated fingers, which can be removed from junk cars and refurbished in a precious metal recycling process. Goal can also be found in some airbag systems, audio stereo systems, and even in decorative elements for luxury vehicles.

Silver

This last precious metal is not as common. Silver is typically found in cars that use silver oxide batteries. However, most personal vehicles do not contain silver oxide batteries these days due to the high cost of using silver in the automotive manufacturing process.

Do you have a junk car that you wish to get rid of for cash on the spot? Contact GC’s Junk Cars at 317-608-2188 to sell a junk car for cash in Indianapolis, Indiana. We offer free towing with our in-house tow truck, so all you have to do is call and accept our offer!

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GC’s Junk Cars 317-608-2188