How to Get a Fair Price for Your Scrap Car Removal in Toronto
Scrap car removal in Toronto targets end-of-life vehicles (ELVs). According to Auto Recyclers of Canada, about 1.2 million vehicles in Canada reach their end of life cycle annually. Surprisingly, almost half of these ELVs come from Ontario.
When your car gets totaled in a collision or it is too old to be roadworthy, it’s best to scrap it. You wouldn’t mind making some extra bucks and space.
However, a common concern among Toronto car owners is how to obtain the best prices for their junk cars. Most of them want to pocket as much money as possible from the process. Without further ado, here are tips for scoring better prices for scrap car removal.
- Learn How To Identify Scammers
Junk scammers look to take advantage of clueless car owners. Unscrupulous junk car dealers may use vague units to confuse you, considering that there are two types of tons (long/metric ton and net ton). Be sure to check the units being used by the dealer before selling your junk.
Other car junk scammers may add towing costs to the fees, with some going to the extent of charging double towing fees. Be wary of a dealer who overpromises non-cash incentives, puts a lot of pressure on you to sell your junk car, operates without a license, or makes it seem like they are doing you a favor. Identifying scammers and avoiding doing business with them increases your chances of getting a better price for your scrap car.
- Compare Several Options
Don’t assume that the quote you receive from one junk car dealer is what you would receive from all other dealers in your area. It’s advisable to compare various options at your exposure, whether you are buying or selling items. For scrap car removal in Toronto, be sure to get quotes from different companies. This will allow you to establish the best prices in the market. Nonetheless, stay vigilant to keep away scammers, especially those that promise incentives.
- Maintain Your Car Intact
Cars that are left intact have a better scrap value. Taking some parts of your car reduces its scrap value. Furthermore, getting the best prices for the removed parts on the market is not guaranteed. On average, a vehicle contains approximately 300 pounds of aluminum and 2400 pounds of steel. Different metals have different scrap values. The current price for scrap steel and aluminum in Canada averages about $2 and $0.8 per pound respectively. So, you can imagine the value you deduct from your car when you remove some parts such as the wheels, transmission, and engine. Collecting a car without wheels may be a tall order for a junk car dealer, and this may lead to additional charges that reduce the final price of your scrap car.
- Consider Car Scrap Dealers Near You
You probably didn’t know that your location significantly affects the price you get for your junk car. The further a scrap car dealer is from you, the more money they deduct to cover the towing costs. Find a scrap car removal company near you to save on cost and time and ultimately get optimum value for your junk.
- Agree To A Guaranteed Price Only
When getting a quote from a junk dealer, ensure that they guarantee the listed price. Avoid a situation where the dealer comes to pick your junk and tries to negotiate the price. This is a compromising circumstance. You may end up getting an unfair price for your junk car if you give in to the dealer’s trick. Avoid these last-minute negotiations. Moreover, you can always get another dealer to buy your junk fairly.
It only takes the right information to get fair value for scrap car removal in Toronto. By implementing the above tips, you avoid unscrupulous dealers and get a legitimate scrap car company to offer you the best price for your junk car.