Would I make more money parting the car out myself or having it picked up?
Posted by HAILsexySATAN@reddit | askcarguys | View on Reddit | 24 comments
I’ve got a 2014 Ford focus with 210,000 miles with a dead transmission otherwise in decent shape, the transmission overheating prompt comes up and shuts the engine down immediately so I’ve decided it’s totaled based on what it’s worth vs repair. I got an offer for 490 bucks from two different junk pick up places but I’m confident I could take most parts off the car as I’ve repaired everything other than engines and transmissions before. Basically I’m wondering if it’s worth it and figure it’s probably not worth the time and effort but if it’s closer to $1000 scrapped by me, it might be worth it to me
RingOk664@reddit
Call a salvage yard to pick it up. Get $500 cash and get on with your life.
DashMcGee@reddit
Take the cash and spend 10% on something frivolous. Use the rest wisely. #DashRuleOfLife
trader45nj@reddit
Check on Ebay for some of the parts that are most expensive and desirable, filter for sold ones and see how many sold and for how much. Factor in if shipping was free or extra. Then you will have an idea of the market. That's a good avenue for parts that are shippable, not too heavy, etc. Other things like doors, it's going to be hard finding buyers and will take a long time. If this was a BMW there would be some good value there. For a Focus, probably not so much. Also this works if you are in a rural area and can pick it apart behind the barn, it doesn't work well in most urban areas.
coryc10@reddit
I just launched an online marketplace for parts cars. It's brand new. You can list your car as a whole or list individual parts. It's all free. I don't charge anybody anything. It's hard to source these parts cars so I hope this catches on and makes it easier for everyone. First 10 sellers get lifetime featured listings. Bustnfound.com
HenryLoggins@reddit
It all depends on how much time it’s gonna take you to take the car apart, in addition to how much time is it gonna take to sell all of the individual parts. If you have the time, and it’s not costing you money, go ahead and scrap it. If it were me personally, I don’t have that much free time, and I would rather take the $490. Just my .02
Adventurous_Slide334@reddit
Bingo
If you have time to part it out then go ahead
I'd take the $500 from the junkyard and move on
HAILsexySATAN@reddit (OP)
I’m leaning that way, thanks
Viking2151@reddit
I know when I scrapped, I mostly bought Chevy Trucks and vans, Had a buyer that bought all GM v8's from us blown up or not, I'd stock up on some things like transmissions, cores and known good, Radiators, electric fans, window regulators, rear ends, Door windows, you name it. We usually kept all that stuff for a while with no buyers, we'd throw it into a scrap van or truck for weight, I'm not giving it aways for free when I can still make something off it. Or we used the spare parts to make one good truck and sell it.
But typically yes, parting out you could make more money, but it will take time, not everyone is going to have a need for Focus parts ya know, You will not get $1,000 for scraping that thing complete, you may get closer to $500 assuming its still got the cat, if someone comes and picks it up, Lucky to get 400 out of it with how low it is right now, they got to make money too. But the potential to make more selling parts is there, its just time.
Before covid we were pulling in almost 600 per truck without a transmission and engine, just weight alone, Now that same truck would bring in 300 on a good day lol, its sad.
Talentless_Cooking@reddit
Look on ebay for some sold gotcha parts and see what they are worth, that should tell you. Then once you have the gravy, sell the shell for the motor, should get 500 for it at least.
Sad_Win_4105@reddit
5 years ago I used an online service that linked to local yards. I got $750 cash, easy-peasy. If I was in a rural area, that's probably would decrease the price.
While you could theoretically get more by parting it out, how are you planning to connect to potential buyers? If I needed a recycled part, I might check eBay, or contact local yards, but it's unlikely I'd connect with the lone seller. Are you willing to pull a complete engine or whatever? Might take you years, and at the end you'd still be stuck with the skeleton.
I'd try listing it as a parts car with a running engine for maybe $1000-1500 and if that doesn't work, just scrap it for the $400-500.
musicpeoplehate@reddit
For the amount of effort you're talking about your time would be better spent at a part time job.
undarant@reddit
Do you want the guaranteed money now and the whole thing gone? Or do you want uncertain money over an uncertain amount of time and with a shell of a car afterwards?
You would without a doubt make more money parting it out yourself. But the question is who is going to buy parts, and how will they see those parts for sale? And then afterwards, if you manage to sell a bunch of shit, you now have a carcass that's going to be much harder to get rid of
HAILsexySATAN@reddit (OP)
Very good points, thanks. I have a good scrap yard that will surly take a lot of it but I definitely am trying to get the money sooner than later. Do you think the same places that buy and pickup junk cars would pickup the shell as metal money like I’d just give it to them for free
undarant@reddit
It depends, but it sounds like it'd be worth it for you to call and just ask.
Lewa1110@reddit
If you have the time and means, and the car is in good shape, you’ll make more off of parting the car out yourself.
I bought an entire frame for my pickup a few years back (Wisconsin salt, got a frame from California) and talked to the guy. Dude I bought it from was buying and selling older trucks like mine, and made way more parting it out than he actually was asking for for the entire truck originally.
Brainfewd@reddit
I wouldn’t waste my time with that. The value gap is not going to be made up by your labor and how long it will take you to move those parts.
Not to mention, selling regular car used parts is like having teeth pulled with pliers. You’ll be dealing with people who have no clue what they want or need messaging you left and right.
EC_CO@reddit
At some point you are left with a shell and some parts no one wants. Now you have to either cut it all up for a scrapper or pay someone to haul it off (sometimes both). Is all that time and effort (months to years to sell parts + the left over stuff to deal with) worth it?
PPVSteve@reddit
What state you in?
HAILsexySATAN@reddit (OP)
Michigan
PPVSteve@reddit
Well with the rusting the market for 2014 car parts is dwindiling in that most of those cars are coming off the road in your area. You got a chance to ship smaller parts but I think your local market would be dry.
I would take the $490. That's pretty good.
HAILsexySATAN@reddit (OP)
Thank you
Dirftboat95@reddit
I guess you checked the trans fluid right ?
HAILsexySATAN@reddit (OP)
Yes and it’s the second trans the car has destroyed. Ford got sued for them and replaced the ones under 100k which went on to fail after 60k
stabbingrabbit@reddit
Junkyard transmission?