I had been about 21 years old when I was out and about with a decent friend of mine in his beat up old 1980s model Aerostar minivan. It had been a hot day as well as the minivan didn't have air conditioning, we utilized to call it the "Ghetto Tan Minivan" since it was beat up inside and out. We were going to the mall eventually on a very busy and traffic filled Dallas highway once the brakes just died. When he had to make the repairs he just felt like he was throwing money into a pit. It wasn't well before the van just died period and had not been longer drivable without spending a few thousand dollars to fix it.
What do you do in a situation 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 going to do in order to get that next car paid for? At least to get the initial advance payment you might need to sell it.
Most people won't take your automobile if it is broken down for anything more than scrap, but a number of people out there who buy your car for cash knowning that was who he called. He called some of those companies and do you know what? Just a couple of days later when they gave him somewhat money for his minivan and towed rid of it for him as opposed to him paying for it, he another car!
The moral from 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 compared to the people who simply try to sell the cars to some junk yard. Sure a junk yard might tow off your car or truck for scrap but then you will get about 1/4 or less for your car.
Let's face it, likelihood is most of these car buyers have got all they need to fix the cars and resell them or maybe have a specific higher paying scrap yard owner that has worked out a better handle them. In that case they are able to justify a higher price for your car!