Both car enthusiasts and budget buyers have spurned the demand. So before you think of giving your dead beat car to a junk yard for scrapping it, consider this option of selling it to a car salvage company.
Every junk yard is a little different with regard to pricing. And the amount you can expect to save will vary based on the type of item you’re looking for. For example, car seats may carry higher savings than fuel pumps. As a general rule, you should expect to pay 40% to 50% less than you would for a comparable new unit. A brand new “straight-from-the-box” alternator might cost $200. At a junkyard, you should expect to pay $100 to $120 for the same brand and model.
Tire recycling is a good option for tires that have no life left in them. Recycled tires can be turned into other useful products. For instance, shredded tires can be used as substrate for playgrounds in lieu of woodchips or gravel, which can cause injury. Steel mills can burn tires in order to replace the carbon lost in steel manufacturing. Whole tires can be used as barriers or for erosion control. Tires can even be stamped and cut to make certain types of clothing, such as rubber sandals.
You will be able to find many reputable companies out there on the internet. Basically the reputable companies will require you to show them some sort of documentation that helps to discern that you are the actual owner of the car. Generally you can get $200 or more for your inoperable car. To some, this amount may seem peanuts, but then again such companies may be the only potential buyers of your busted ride.
There are many types of companies that have — or should have — salvage drums on hand. They include medical facilities, labs, factories and warehouses, transportation companies as well as, of course, spill clean up companies.
Have on hand 6 good quality and straight 2×4’s – 8′ long on hand. They can be purchased for about $2.00 each at your home improvement store. You will also need a drill with a #2 phillips head and one box of 2 1/2″ course thread dry wall screws. Finally find some old 1 x lumber from your old material resource or you can use new 1×6 fence board of redwood or cedar purchased for about $2.00 per 6′ board at your home improvement store. You will need 4 pieces of 1×6 – 6′ long.
f150 with fuel wheels Cars that have been given a salvage titles are those that the insurance company claims would cost more to repair than the vehicle is worth. However, it’s mostly based on the estimated value of the vehicle as compared to the Kelly Blue Book so for example if you own an older truck that was in mint condition before you got rear-ended, the insurance company might decide the truck is not worth it to repair so they will want to total it. Having been in this situation myself I can assure you it was definitely worth it to me to repair my truck!
In Canada, exports are “zero-rated” sales for G.S.T. purposes. This means that when you ship a product to someone outside Canada, you don’t charge G.S.T. Yet, you get to claim (or deduct from the G.S.T. collected by you) all the “input tax credits” (G.S.T. that you paid for business purposes) to make that export. The idea, I suppose, is to encourage exporting.
I prefer to sit at a mid point near the side. I can see and be seen fairly well and can move forward easily if I need to see an item more clearly. Ultimately it becomes a matter of personal preference.