The Most Valuable Parts Of Your Car
Cars are a valuable asset; a mode of transport that’s entirely independent, with many modern fuel options, as well as plenty of new tech that’s keeping them a popular buy in the court of public opinion. As such, the car you’re driving could be worth a lot of money, thanks to the sum of its parts! Whether you’re driving a Lamborghini or a Ford Nugget, it’s a good time to determine the tech that’s making your car such a steal on the market.
So, whether you’re planning to sell your car and want to know how to bump the price up, or you’re simply looking to scrap it for some very valuable parts, we’ve got a handy list below for your convenience.
Engine
It’s no surprise that the engine in your car, essentially the heart of your vehicle, is going to be top of this list. After all, it can cost you about $4000 to get a new engine put in. Indeed, many people agree that it’s not worth it to replace a new engine, thanks to how they can be much more expensive than the actual car model you’re taking into the shop. So, why not ask the same amount of money for an older, still working engine you’re trying to make money with?
GPS
The GPS is a surprisingly valuable part of the car, if you’ve got an inbuilt GPS system – if you just attach a phone to a holder and use that, you won’t find the same value in your model. However, even some very ‘old’ models of car can have inbuilt GPS systems, and if you’re looking to get a good deal on the car you once loved, you can ask for upwards of $200 for this bit of kit alone.
Catalytic Converter
With catalytic converters not only being worth a lot of money themselves, they’re also made of precious metals, including platinum. Because of this, it could very well be the most expensive thing in your car right now – depending on the age and model of your car, it could be worth $500 on its own.
Quick point: many catalytic converters have been stolen over the years, thanks to their sheer, easy value, and you’ll want to keep your on sale vehicle in some kind of car storage for the time being if you can’t keep an eye 24/7.
Tires
Tires are also quite valuable, when it comes to stripping a vehicle for parts, but only if they’re in good condition. This can be tested easily, thankfully, and if you’re someone who owns a big vehicle like an off roading truck (maybe inherited from a family member), the tires are likely to be worth around $1000 each.
Your car has some very valuable parts to it. Make sure you’re keeping this in mind if you’re looking to just scrap an old vehicle and not think about it, or if you’re trying to make money for a better, more modern vehicle.