To determine the scrap value of a car, you need to know the vehicle’s weight, metal composition, and current scrap metal prices in your area.
Steps to calculate your car’s scrap value:
- Find your vehicle’s curb weight: Check the driver’s door jamb sticker, owner’s manual, or search online for your year, make, and model. Most cars weigh 2,500 to 4,500 pounds.
- Check current scrap metal prices: Call local scrap yards or check online for steel prices per ton. Rates typically range from $150 to $250 per ton.
- Calculate base metal value: Divide your car’s weight by 2,000 (pounds per ton), then multiply by the price per ton. A 3,000-pound car at $200 per ton equals $300.
- Add non-ferrous metal value: Aluminum (engine block, wheels, radiator) and copper (wiring, radiator) add $50 to $150+ depending on the vehicle.
- Add catalytic converter value: If intact, add $50 to $250 depending on the type and precious metal content.
- Subtract processing costs: Scrap yards deduct for labor, transportation, and fluid disposal. This reduces the payout by 10% to 30%.
For a quick estimate, multiply your car’s weight in tons by the local scrap steel price. For an accurate quote, contact junk car buyers, scrap yards, or salvage yards directly with your vehicle details. Check current scrap car prices in your area for the most up-to-date rates.