As one of the fastest growing industrial processes, Automobile Recycling and Disposal (arrow) is enjoying huge growth. The recycling of cars into essential components is seen as a major pathway to addressing global warming. While the recycling of cars has become a highly efficient process in the past few decades, it is unable to account for the massive volume of cars being disposed of each year. To address this growing issue, several environmental groups and stakeholders have started organizing and participating in programs that promote the recycling of scrap metal, including automobile spare parts. In the last few years, the market for recycled parts and auto parts has greatly improved due to a greater number of buyers and manufacturers. As such, automobile recycling companies have become an increasingly important source of raw material for buyers, offering them a cheaper alternative to used. Similarly, selling scrap metal of junk cars to private parties has traditionally been a major industry. However, with the currently lower scrap value, there is now less scrap metal available, therefore, leading to less profitable for recyclers. As an alternative, a number of financial institutions have launched their own junk removal services, enabling customers to safely get rid of unwanted or unused vehicles. A number of financial institutions offer financial incentives to people who agree to buy their scrap metal. Moreover, customers can also sell their extra cash on cash for gold basis. In this way, individuals are able to both dispose of their car and make some extra cash in the process. Apart from getting rid of old cars, another useful option for disposing of unwanted vehicles is buying cars at auctions. Many local auto salvage yards offer opportunities to buy cars at auctions. However, this option is not always lucrative. For one, the price may be too high. Furthermore, if a buyer intends to resell his old car at the auction, he must ensure that the price will cover all the expenses involved. One can either visit an auto auction on the internet or attend in person. Junk car owners who need cash are recommended to visit a local junkyard and auto parts dealers to find out what they are willing to sell. At junkyard, one can look out for both new and used cars, ranging from the most affordable to the most costly; and, trucks and SUV's. While visiting auto parts stores, a potential buyer can also ask questions about purchasing loans, such as how to finance the purchase and how to handle payment. A loan officer will be in the best position to answer all questions regarding cars and loans. This will allow potential buyers to know whether they are capable of financing their new or used cars. Other options for purchasing used cars at end-of-life vehicles include selling them at yard sales and thrift stores. These places accept autos that have mechanical faults but are still operable. Some consumers sell their old cars through insurance companies, while others choose to sell at their own convenience. As soon as an old car is junked, it undergoes several processes in order for it to be sold at top dollar. Several aspects affect its condition, including the engine, transmission, frame, paint, interior and exterior materials, and other elements. After all these processes, it then goes to a junk yard where it is cleaned and prepped for sale. Often, buyers pay top dollar for used cars in these locations, especially if they are in excellent shape. While junk yards are frequented by many consumers, those interested in saving money should also consider attending local car auctions. One of the best ways to obtain cash for your old car is to sell it through an auction. Many junk car buyers are able to buy cars at auction for up to 90% less than the blue book value. If you're looking for the best way to receive cash for your old car, an auction is one of your best options. However, you should attend an auction because it involves a great deal of risk, since there's no guarantee you'll be able to sell your vehicle at the highest price possible. It is possible to make a good profit, though it isn't likely that you will get more than the price of the used car itself.