There are three primary entities that purchase vehicles for their raw material or parts value:
Companies like Peddle or Copart act as intermediaries. They provide instant online quotes and handle the logistics of picking up the vehicle, then resell it to the highest-bidding local yard or auction. How Scrap Value is Determined places that buy cars for scrap metal
These businesses often maintain "U-Pull-It" lots. They buy cars to harvest functional parts—such as engines, transmissions, and electronics—for resale before eventually scrapping the remaining chassis. There are three primary entities that purchase vehicles