I became about 21 years old while i was out and about with a good friend of mine in his beat up old 1980s model Aerostar minivan. It had been a hot day and also the minivan didn't have air conditioning, we utilized to call it the "Ghetto Tan Minivan" since it was beat up in and out. We were going to the mall one day on a very busy and traffic filled Dallas highway once the brakes just died. As he had to make the repairs he just felt like he was throwing money right into a pit. It wasn't a long time before the van just died period and was no longer drivable without spending a number of thousand dollars to correct it.
What do you do in times like that? You have a low paying job and you're simply driving around a 20 year-old (at the time) clunker. What are you planning to do in order to get that next car purchased? At least to get the initial advance payment you might need to sell it.
Most people won't take your car if it is broken down for just a scrap, but a number of people out there who get your car for cash understanding that was who he called. He called among those companies and guess what happens? Just a couple of days later when they gave him just a little money for his minivan and towed them back for him instead of him paying for it, he'd another car!
The moral of the story is that the car buyers saved my friend and I think that people who start using these services get a greater deal on their car than the people who simply try to sell the cars with a junk yard. Sure a junk yard might tow off your car for scrap but then chances are you will get about 1/4 or less for that car.
Let's face it, itrrrs likely that most of these car buyers have got all they need to fix the cars and resell them or possibly have a specific higher paying scrap yard owner who has worked out a better handle them. In that case they can justify a higher price for the car!