How to Get the Most Money for Your Muscle Car After an Accident
It goes without saying that you've heard of the American Muscle Cars if you're a car nut. Starting in the 60s-70s, a.k.a. the "golden era" of the
American Automotive Industry, these cars are the most accomplished and well-known across the USA. These bad-ass hot-rods exuding pure
American Muscle are untamable beasts that transcend generations, class, and creed. So much so that even after nearly a century, they are still
highly sought after by collectors and enthusiasts alike.
But just like everything else, these beasts cannot fare well against the tests of time either. The once ferocious beast used to gallop on the streets
untamed and unrestricted but will one day sit in your garage purposeless.
No matter how much you care for your car, it will one day grow old and rusty and will demand you to make a very tough decision - whether to
keep it or let it go.
Before we go on further and learn more about how you can turn your scraped up muscle car into a hefty amount of cash, let us first look into how
you would describe a junk car.
- To maintain the highest quality standards for our products.
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as possible for as little money as possible.
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Onsite we have a fully stocked garage
to install most of the parts we sale. Included in that garage is a NOS filling station, bridge port, lathe, lift, press and multiple
What is a Junk Car?
You may be thinking, "what exactly is a junk car? Who decides that? Is it when the car becomes damaged beyond repair or too old to be
considered useful by anyone?"
The answer to this lies entirely up to the vehicle's current owner. Whether he is willing to let go or keep the car, even if it means spending a hefty
amount of cash on the car's repairs that exceed the car's actual value.
But, as soon as the car goes into a condition where it needs repairs to get it operable, unfortunately, it can be considered a junk car. The best
way to get the most value out of your car would be to sell it for scrap. The following are some of the ways that may lead to your car being
considered a scrap car.
Accidents and Damaged Components
This is quite an apparent reason for your car to be considered scrap. Running into an obstacle or being in an accident is something no car can
come out of scotch-free. If the accident has been severe and has rendered the car obsolete, we fear that it is time for you to let go of it.
Or if the car has gone a long time without proper upkeep and has severely deteriorated over time, making it a junk car. Nobody likes sitting in an
old rusted junk car that sounds like a circus on wheels.
Although rare, we have seen cases where a car needs to be scrapped due to lost paperwork and no way of proving ownership. This usually
happens when the car changes owners. In such a case where you can not prove ownership of the vehicle, your best bet is to sell your car as
scrap before you land in hot water, even without any fault of your own.
Hence, in a broad sense, we can say that a car can be considered as a junk car if it's useless, has missing paperwork, or if it seems to spend
more time sitting in the garage than out of it.
How to Determine the Value of Your Vehicle After an Accident?
One man's junk can be another person's treasure.
If your muscle car ticks all the boxes to be considered a junk car, it's best to sell it for scrap rather than letting it become a burden on you. To
avoid any losses, determining the remaining value of the car is the way to go.
The first step to finding out your car's value is to calculate the Actual Cash Value (ACV) of your vehicle to understand the salvage cost of your
American Muscle car. This will help you find the best deals for your junk car as you would be aware of your junk car's going value.
This would require a long time researching over the internet to find the best value for your car. Fortunately, many websites make it easier for you
and save you a lot of time.
Let us look into some of the biggest names that can help you figure out the value of your scrap car.
Filled with information regarding mostly new vehicles and their spare parts, this website is one of the most well-known amongst car buffs and
people looking to sell their older vehicles. With the help of a very well-defined filter system, you will be able to estimate the exact value of your
scrapped car in a matter of minutes.
Edmunds allows you to appraise your car's cash value with the help of merely adding your plate number, your VIN, and the year, make, and
model of your car. Sounds quite easy to do, right? Just head over to the website, put in the few required pieces of information, and voila.
A website similar to Edmunds, but it also lets you find the book values of old and used cars. You can even lookup your car on this website and
find out what the car would cost in the current day and time.
This is a handy tool if you have been looking to find the ACV of your car and to determine its salvage value. You can also lookup location-based
prices for a more detailed result of your research queries and to make sure that you get the best deals.
Kelley Blue Book or KBB has been one of the oldest and most trustworthy websites for car appraisals. KBB has been working in car evaluation
since the 1960s, where they used to operate with the help of hard copy covers. It has ever since grown a lot and has developed an extensive
online presence, and has helped many people find the best value for their cars.
This website is one of your best bets if you have been looking for a way to find the best value for your junk car. KBB is known throughout the
industry as one of the fairest and most trusted companies, and they will help you find the appropriate market price for your scrapped car.
Now that you have all the resources required to estimate your car's value correctly, these are the steps you need to follow. Of course, if you're looking to just get the top dollar for your junk car, you can head on over to Cash for Cars to get a quote on your junk car. They offer competitive rates and generally beat out Peddle and Wheelzy on service as they offer same day pickup. We've heard good things from customers that use them.
Determine your vehicle's features
Since being with your car for a long time, knowing its features is something you would know like the back of your hand. But what is important to
note here is that you need to account for parts and components that can still be salvaged after the damages have been done.
Knowing what can still fetch a good price or what part of the car is still perfectly operational, you are one step closer to knowing your car's
alternative methods to determine ACV
After examining the part of your car individually, now you need to figure out a good source to calculate the total Actual Cash Value of your junk
car. For this purpose, we have listed a few well-known sources above that can help you in figuring this step out,
With the help of those, you should have an estimate for the entirety of your scrap muscle car. You can compare these prices with multiple
sources to get a better and more accurate estimate.
Determine the salvage value
Now that you have an actual cash value of the car, it is time to figure out the salvage value.
The salvage value of your muscle car would be the amount you would get paid at the time of the sale. It usually takes out the cost of transport,
holding, and labor from the ACV of your car.
Finally, now knowing the exact value of your
poor, rusty old scrap car, you would be able to make the appropriate decision regarding its sale.
The Differences in the Value of Older vs. Newer Muscle Cars
A lot of people would be wondering if their old vintage American Muscle Cars still hold some value to them. It may come off as a surprise, but
many vintage muscle cars, regardless of their condition, go for a lot due to being a collector's item.
Plenty of car nerds are looking to take off scrapped Vintage American Muscles at a good price just to restore them and get them back on the road.
Older muscle cars may not come with the unique features that the newer models come along with; however, they still hold a very special place in
the hearts of collectors and thrill-seekers.
Newer muscle cars come equipped with many more unique features, helping them go out for a high price. But, if you look into old vintage
American Muscle Cars that have been kept in a well-maintained condition, you will learn that those go for a reasonably high price as well, just
based on their rarity and demand.
Head over here to understand better the prices and values of newer and older American Muscle cars.
Why are Muscle Cars Still in Demand After Accidents?
You'd think you'd be laughed at and called crazy with wanting to sell, excuse our language, a rusty, ol' waste of metal, but that's really not the
As we have mentioned earlier, American muscle cars are well-acclaimed due to their high-performance charts and represent an era that has to
be considered the golden age of the American Automotive Industry
This is why even scrapped and accidental muscle cars still have a lot of value that you may be unaware of. All you need to do is find the perfect
buyer for your car, and you can minimize your losses by a lot. And all the while helping a person find something they will love.
Do yourself and your car a favor. Let it go.
This has led to many people opting for muscle cars just because they rarely lose their resale value. So, you have nothing to worry about if your
muscle car has gone through an accident. There would be a lot of people and stores that would readily take that car of your hands for a good
sum in a heartbeat.
How can Your Vehicle be Recycled for the Good of Your Wallet and the Planet?
As the saying goes, one man's junk can be another's treasure. It holds true when it comes to American Muscle cars as well. You cannot know
what your scrapped car might hold that could bring multiple other muscle cars back to life. This is why you should never shy away from letting
your junked up car go out in the world and help others rather than just sit in your garage.
Even if you cannot find the perfect buyer, you should still take care of the scrapped car and try to get it recycled as a rusting car can never be
good for the environment. By recycling, not only can you get a good enough amount for your car, and you can help the world while you do that.
If you want to learn more about recycling your car, look into RetireYourRide. This federal government program gives incentives to drivers and
promotes the recycling of older make and models of cars due to their high carbon emissions.
Take the step, save the world - one car at a time.
Muscle Motorsports Inc Huntersville NC USA 28078
Phone: (877) 668-7253 Local: (704)948-1040