Do I Have to Notify My Insurance Company to Sell My Junk Car?

When it comes time to sell a car, whether a brand new model or an antique automobile, your first thought might be regarding your insurance coverage. That is, if you even have any at the moment. Continue reading to learn how a junk car is deemed a total loss, and when selling one requires you to contact your insurance carrier in Indiana.

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

Total Loss Junk Cars

When a car is damaged, and the cost to repair the damage exceeds the vehicle’s overall value, an insurance company will consider it a totaled car, or total loss vehicle. For instance, if your car is worth $3,000 on the current market, but after your accident, the total cost of repairs is estimated to be $4,400, then the car is totaled. A car can only be deemed a total loss by the insurance company. An insurance adjuster will come out to inspect the vehicle and determine whether or not it is totaled.

You generally have two options when your car is deemed totaled by your insurance carrier. You can either file the claim to receive compensation from your insurance provider (the amount of compensation will depend on various factors, including your particular policy terms and the market value of your vehicle), or you can refuse to file it with your insurance and keep the car. If you choose to file a claim with your auto insurance carrier, they will take the vehicle, title, keys, and license plate out of your possession.

Notifying Your Insurance Company

If you plan to keep your total loss vehicle, and it is actively insured, you will need to notify your insurance company. If your junk car does not have any insurance coverage, so long as you are the lawful owner, you can sell it without notifying anyone. If the car is still registered, however, you will need to cancel the registration before selling it to a junk car buyer. If you file a claim with your insurance carrier and receive money to repair or replace your vehicle, but instead sell it, you could face legal penalties.

Where to Sell a Junk Car in Indianapolis, Indiana

Call GC’s Junk Cars at 317-608-2188 to get started on your free quote if you wish to sell a junk car 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. We will schedule a time to pick up your vehicle, and then pay you cash on the spot. Request a free estimate, today!

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

Which Vehicles Can I Sell to a Junk Car Company?

Whether you are an old junkyard owner looking to retire, a mechanic with an extensive personal collection that you never got around to restoring, or someone with a load of motorized junk on hand, you might be wondering exactly what a junk car company might accept, and what they might deny. The good news is, whatever you have is likely accepted, and worth some cash.

Continue reading for a basic overview of which types of vehicles and motorized commodities are widely purchased by auto salvagers.

Indianapolis Junk Buyers
Indianapolis Junk Buyers 317-608-2188

What is an Auto Salvager?

The term auto salvager is indicative of what a junk car company is all about. They take in vehicles that are no longer functional or worth repairing, and them salvage whatever parts and materials can be salvaged. Such parts and materials will be recycled, refurbished, or smelted down for metal. All of this is great news for someone who wishes to sell a junk car, because it means that all cars, regardless of age or condition, are valuable. Whether it runs or not, someone out there will gladly take it off your hands, and even pay you cash on the spot.

What a Junk Car Buyer Wants to Buy:

? Trucks – Semi’s, fire trucks, delivery trucks, box trucks, dump trucks, tow trucks, food trucks, standard pickups, etc.

? Cars – Sedans, compact, two-door, sports, four-door, SUV’s, vans, buses, taxis, limousines, etc.

? Construction Equipment – Cement mixers, bulldozers, forklifts, tankers, loaders, street sweepers, excavators, etc.

? Farm Equipment – Tractors, combines, balers, seed drills, lawn mowers, backhoes, excavators, etc.

? Miscellaneous – Motorcycles, motor bikes, scooters, mopeds, golf carts, ATV’s, boats, jet skis, snow mobiles, airplanes, etc.

A Trusted Indianapolis Junk Car Buyer

Call GC’s Junk Cars at 317-608-2188 to get started on your free quote if you wish to sell a junk car in Central Indiana. 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 then pay you cash on the spot. Request a free estimate, today!

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

How Does the Junk Car Buying Process Work?

After years of collecting weeds and stray animals, your junk car is ready to be sold to a salvage yard. Although you might think that its value is not worth the trouble of going through the junk car selling process, you’d actually be surprised to learn how much a buyer would pay for it’s metal content. You see, cars contain a large amount of metal, which is 100% recyclable. This reusable metal is highly value to our economy, and therefore, fervently sought out by a variety of buyers, including junk car companies.

Sure, the worth of a junk car will vary on a large spectrum depending on a wide range of factors, but the reality is that you can still get rid of a piece of junk and put some cash in your pocket, all in the same day. All you have to do is get the junk car selling and buying process started on the right foot.

Continue reading to learn how the junk car sales process works, what you need to know, and who to trust for the highest payouts in Central Indiana.

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

Junk Car Research

Your first step to selling a junk car is happening right now; research. It is important to educate yourself on the basic economics and practices in the junk car buying industry. This knowledge will set you up with a basis that will allow you to ask the right questions and choose the right buyer. Typically, the first item of information a junk car seller wants to know is how much their car is worth. As mentioned, junk car values will vary depending on a wide scope of factors, including make, model, age, condition, and current market demand.

The only way to know how much your junk asset is worth is to have it evaluated in-person by a qualified junk car professional. Such professionals will retain state of the art technologies, like electronic weight scales and metal analyzers, and apply these technologies to their years of experience, allowing them to develop an accurate estimation of value for a junk vehicle.

Contact a Junk Car Pro

Once you have given yourself a basic crash course in junk car economics, you are ready to start contacting junk car companies to see who will pay the most and offer the best customer conveniences. For instance, it is wise to choose a junk car buyer who can provide pickup and haul away service at no extra charge. They will simply come to you. Some junk car companies deduct towing fees from their total offer for this type of service. See our blog, “How to Choose the Best Junk Car Buyers” to learn effective strategies for finding a dependable Indianapolis junk car buyer near you.

Accept an Offer

Once you have a junk car buyer on the phone, request a free estimate for your junk car. They will simply ask you a few questions about the vehicle regarding the age, make, model, and condition, and from there, give you a rough estimate. If you prefer a more precise estimate, you can bring your vehicle in and have it evaluated in person. However, if the company does not offer free pickup, you will have to pay to have it towed. In the case that the company does offer free pickup, and you choose not to accept their offer, you will have to reimburse them for the towing.

Prepare Your Vehicle

After you accept an offer, you will need to prove your ownership. A car title is the best way to do this, however, some junk car buyers will accept other documents that prove you are the owner, such as the registration. See our blog, “How Do I Replace a Lost or Stolen Car Title?” to learn more about obtaining one for your junk car. Locate the car title and have it ready for the junk car buyer when they arrive. Finish by clearing out all other personal belongings, including trash and your license plate. Once the junkcar4 buyer arrives to collect the vehicle, just give them the title and they will hand you cash or check.

Learn More About Selling a Junk Car in Indiana

When you really just don’t know who to trust when it comes to scrapping a salvaged vehicle in Indiana, simply go with the best. Contact GC’s Junk Cars at 317-608-2188 to request a free, over-the-phone quote, or more information regarding the junk car selling process. Whether your vehicle runs or not, we are ready to make you an excellent offer and take it off your hands for free. We have an in-house tow truck that will come directly to your location to pick up your junk car.

The Benefits of Selling a Junk Car

Did you know that the junk car industry is helpful to the both the environment and the local economy?  A person might be surprised to know that cars are among the most recycled items in the world!  This is because of the value in scrap metal. 

Continue reading for more information on scrap metal and reasons to sell your junk car.

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

Recycling Metal from Cars

Over 400 million tons of metal is recycled each and every year!  Metal recycling is processing nonferrous and ferrous (containing iron) metal scraps into secondary raw material, for manufacturing of new metal materials.  Almost every kind if metal can be recycled!  And it is recycled into high quality metal! So when you sell a junk car, you are essentially recycling it since the buyers will continue with the metal scrapping and reusing process.

You might wonder how you would recycle your junk car, but simply calling your local junk car lot will get you started in the right direction.  They will handle the entire process for you.  All you do is make the call. Not only does recycling metal promote environmental conservation, it saves energy as well!  The more car metal recycled results in less manufacturing of new car parts, conserving the raw resources and materials like carbon and oil, which is also very expensive.

It is amazing that nearly 95% of a car is recyclable.  But it is really important that the recycling is done right.  Cars have parts containing toxic liquids and parts like brake fluid, oil, and the battery.  These parts and fluids cannot be allowed to soak into the ground.   This is why it is so important to rely on a professional scrap yard company that retains the knowledge, experience, and most of all, the equipment to safely recycle these materials.

The Value of a Junk Car

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.

Where to Start

The most important part of selling your junk car for cash is to find a reputable and professional company to do business with. The problem you will run into is that there are literally hundreds of junk car buyers in the city to choose from, so making a decision can feel more like a gamble. To avoid getting stuck with an inexperienced, unprofessional, fly-by-the-night junk car buyer, simply find a company that has a strong and steadfast reputation within the local communities. Experience and the types of resources available to them set good companies apart from the scammers.

Get a Free Quote for a Junk Car in Indiana

Call GC’s Junk Cars at 317-608-2188 to get started on your free quote for selling a junk car in Central Indiana. 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 then pay you cash on the spot. Request a free estimate, today!

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

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

How to Make the Most From a Failed Car Restoration Project

So your Granddad’s old 1950’s Buick turned out to be more of a restoration project than you imagined it would be?

Sometimes, an automobile rebuilding mission seems like a great idea, but ends up taking too much time, money, and space. Other times, no matter how hard you try, the car simply cannot be restored back to an operational condition. In cases like these, many car owners are left feeling frustrated and out of options. But what they might not know is, there are options left, one of which puts cash in your pocket and disposes of your asset free of charge!

Continue reading to learn how to make the most from your failed car restoration project.

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

Your Best Option

One of the most disappointing aspects of failing a car restoration mission is the financial loss. You have likely put a lot of money, and time which costs money, into your project, only to come out with nothing. Fortunately, you can put some cash back into your pocket by selling your vehicle as a junk car! The most important factor when selling a junk car is locating a trusted and reputable company. Otherwise, you will not obtain the fullest and fairest profit for your asset.

Choose a Trusted Junk Car Buyer

Junk car buyers will most definitely take your old junked vehicle off your hands for a certain price. Just be careful; there are handfuls of scammers who will give you a low-ball offer, or trick you into doing bad business. Always be sure to choose a reputable Indianapolis junk car buying company that has roots in the local community by being in business for many years. These are the professionals you can trust for professional service and fair payouts. They will also provide a range of customer conveniences, such as free towing and haul-away, free quotes, and flexible pickup times.

Where to Get the Highest Offer in Indianapolis

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

Call GC’s Junk Cars at 317-608-2188 to sell your totaled car for cash in Indianapolis. We will pay top dollar for your totaled car! Our professional junk car buyers offer free towing with our in-house tow truck too, which means 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.

Types of Motorized Equipment Accepted By Junk Car Buyers

Junk Car Buyers 317-608-2188

Junk Car Buyers 317-608-2188

There are several types of motorized equipment and commodities in today’s society. Innovative advancements in technology have opened up the market to newer and more exciting mechanical devices of transportation and distribution. What’s even more exciting is that all of these commodities are primarily made of metal, which is one of the most recyclable and reusable elements on the planet. Not only is this terrific for the environment and the Earth as whole, it is quite complimentary to consumers’ wallets when it comes time to junk them.

Below you will find some of the most common commodities that can be recycled for a moderate to high profit, even if they are old or broken. Talk to a local Indianapolis junk car buyer to receive a personalized quote regarding the worth of your junk assets.

Things to Sell to a Junk Car Buyer:

Vehicles

This includes cars, trucks, vans, semi-trucks, and more. If it has four tires and runs on fuel, it is profitable whether operational or not. This also includes automotive parts made of metal.

Farming Equipment

Anything motorized that is used on a farm is accepted farming equipment at a junk car buying lot. This includes tractors, trailers, combines, steam engines, winnowing machines, ploughing machines, drag harrows, rotavators, tillers, tree shakers, sorters, and more.

Construction Equipment

If you own motorized construction equipment, a junk car buyer will purchase it from you regardless of its age, make, model, or condition. Common types of construction equipment that’s well-suited for junk recycling includes forklifts, cranes, bulldozers, trenchers, excavators, loaders, shredders, compactors, and even aquatic machinery.

Watercrafts

Another common commodity recycled at junk car lots are watercrafts and aquatic toys. These include metal-made yachts, boats, skiffs, canoes, kayaks, jet skis, water hovercrafts, submarines, and more.

Recreational Vehicles

There are various types of recreational vehicles that can also be sold to a junk car buyer for cash on the spot. The most common are motorcycles and campers, but they can also include scooters, golf carts, mopeds, electric bicycles, ATV’s, hover boards, and more.

How to Sell Your Old or Broken Motorized Junk in Indianapolis

Cash for Junk Cars 317-608-2188

Cash for Junk Cars 317-608-2188

Call GC’s Junk Cars at 317-608-2188 to sell your old car parts for cash on the spot! We will buy any junk cars and car parts in Central Indiana, regardless of age, make, model, or condition. For those who wish to sell a junk car, we offer free towing with our in-house tow truck, so all you have to do is call and accept our offer! Call 317-608-2188 to request a free estimate, anytime!

Important Facts to Know About Selling a Junk Car

Having a junk car to sell is exciting. Whether it runs or not, it is worth a certain amount of money! If selling a scrap vehicle it is something you are considering, it is important to learn some helpful facts before jumping into the auto salvage scene. These facts will help you choose a quality buyer and make the most for your junk car. Continue reading to do just that!

Indianapolis Junk Car Buyers 317-608-2188

Indianapolis Junk Car Buyers 317-608-2188

Junk Car Selling Facts:

Do not wait too long to sell your vehicle. The longer you wait, the more the vehicle depreciates. Selling sooner can render a higher profit.

You must have proof of ownership to sell a junk vehicle to a professional buyer. A title is best, but in some cases, a junk car buyer will accept other forms, such as a registration. You can also apply for a duplicate title with the BMV.

A junk car does not have to be insured in order to sell it for cash. If the car is still insured, you will need to contact your insurance company to cancel the policy before you sell it to a junk car buyer.

Abandoned cars can be sold directly to a junk car buyer. If you are involved in an accident that renders your car totaled, you can contact a junk car buyer who has an in-house tow truck. They will pick up your totaled car and pay you cash on the spot for it, so long as you can provide proof of ownership.

If you can drive the vehicle to the scrap yard you wish to sell it to, you can expect a much higher profit. If the vehicle is still driveable, or the engine still runs, a junk car is worth more money. If it is not operable, you can expect a lower profit.

Junk car profits are based on the current market values of scrap metal. Junk car buyers are in the business of refurbishing used car parts for resale, or dismantling vehicles for their scrap metal. For this reason, the value of a junk car is usually based on weight and scrap metal prices.

Beware of fly-by-the-night junk car buyers. These scammers will take your asset and never send you the check they promised you. Instead, always make sure you choose a quality junk car buyer that is established in your city.

Sell Your Junk Car to Us!

GC's Junk Cars 317-608-2188

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

The car selling process is so easy with at GC’s Junk Cars! We have been buying junk cars throughout Central Indiana for many years. With our knowledge and expertise, our junk car buyers stand by our offers 100%. Rest assure you will be getting the best price for your car because you are selling directly to the scrap yard who uses state of the art, electronic platform scales and several other versions of innovative technologies! Call 317-608-2188 to request a free estimate, today!