The financial aspect is important when you sell a truck for parts. An old truck is worth parting out to increase the profit. Follow these steps to know how much you can make out of it:
Condition
Not everyone can make a mechanical assessment of their truck without proper tools and knowledge. Make a general overview of a truck’s condition. Find out if it needs a cosmetic fix or a major repair. Remember: in case of severe damage, you will not sell your truck for parts for top dollar, not even saying about the whole.
Truck Type and Worth
The model and year of the truck can determine the truck’s worth. Check the current value of the truck and consider whichever condition it is in now. You can read our guide on how to determine the salvage value of a car, so you can appropriately accept a fair offer.
Parts In High Demand
You can always sell the truck for parts for cash, but only will you make a profit if you know what is in demand. Also, be careful when removing the parts yourself — it is better to trust skilled mechanics. For the already removed parts, you can get the following approximate prices:
- Engine is worth $1,000-$3,000 (mileage and type dependent);
- Transmission costs $250 (mileage dependent);
- Seats are $80 (depending on conditions);
- Airbags are up to $150 (depending on the type).
Parts in considerable demand:
- The Engine is the heart of a truck. It is the source of energy despite the state of a car. After a successful inspection, a second-hand engine can be re-sold.
- The Transmission is a delicate component of each car. No wonder they are in great demand, as they break pretty often. Also, it is a quite costly car element.
- The Catalytic Converter has been popular in the USA since 1975 because of its ability to minimize pollutants a car produces. Catalytic Converter uses expensive metals like platinum, palladium, and rhodium. Hence, it is a pricey scrap.
Paperwork
An integral part of any deal is paperwork. A selling process will require documents that you are the owner of a said vehicle, title, and registration. The car without these vital documents will cost significantly less.
Whole Car or For Parts
How you choose to sell a broken truck for parts results in the amount of money you can get. Everything depends on the condition of the car and its parts. In short, the whole car in good condition will cost more, however, selling it as a whole is a longer process than finding a buyer for parts.
