How Vehicle Dealers are Involved in Regulation

Those of us that still buy used cars for scrap in Groveport, Norwich, or Perry can attest to the simplicity and convenience.  Do you seek money for a junk car quickly in the regions of Plain, Sharon, or Darbydale? If your car needs a new transmission and is not worth fixing, call us to sell a car for cash today in Lincoln Village, Amlin, or Clinton.  Residents with an unwanted vehicle in Canal Winchester or Huber Ridge should contact our junk vehicle buyer to find out how to scrap my car.

Indiana University has a School of Public & Environmental Affairs that recently published an interesting automobile study with the following excerpt: “It is estimated that the U.S. auto dealer market employs over 700,000 people in sales to vehicle buyers. In Europe, the automakers sell a sizable percentage of vehicles to companies and fleet buyers. In the U.S., manufacturers sell to dealers who then work with individual consumers who purchase cars for their household and are heavily dependent on credit. Auto dealers’ face some new challenges in the internet age, as customers can truly compare and have access to plenty of data on vehicles. Tesla has pioneered a direct-to-consumer model which is unique. It will be interesting to see how this model progresses.

For electric vehicles, initially manufacturers only sold them in certain cities. A UC Davis report indicated that many dealers struggled with selling electric vehicles because they did not truly understand the technology. Many dealers apparently did not properly allocate the time and training for selling these cars. With most major manufacturers now invested in these vehicles, it is likely that the relationships, marketing and financial incentives will begin to accelerate. In addition, it is critical to understand any applicable federal, state and local agency incentives or subsidies that exist.” The complete article is available here.

Many people don’t realize that in the US, over 12 million cars are scrapped annually, providing tremendous amounts of salvageable components and recyclable materials. Are you in Whitehall, Worthington, or Lockbourne and considering whether to replace a transmission for $2,000 on an 11 year old car when we buy used cars for scrap? Those with a car not worth fixing in Marble Cliff, Harrisburg, or Riverlea can now receive money for a junk car.  If your car, truck or van is in need of a new transmission, it might be time to simply sell a car for cash in Urbancrest, Minerva Park, or New Albany.  When asking how to scrap my car for quick cash in Georgeville or Brown, OH —then look no further!

Automobile Credit Problem

Those who have heard some bad news from their mechanic in Urbancrest, Minerva Park, or Georgesville should call our auto buyer. If your car costs more to repair than it is worth it is auto junk—those in Brown, Norwich, and Perry should call. Many vehicle owners with serious mechanical issues on older cars aren’t aware that we buy junk cars in Plain, Sharon, and Lincoln Village. Are you there in Amlin, Clinton, or Groveport going to replace a transmission for over $2,000 on an 11 year old vehicle when we buy used cars for scrap. We are an environmentally sound car scrapping option.

On November 27, 2016, Greg Gardner of the Detroit Free Press wrote an article with these details: “The trend toward easy credit and longer auto loans terms has left a record number of consumers trading in cars that are worth less than what they still have due on their loan. This situation is commonly referred to as “being underwater” or “upside down” on your loan. They already are having some effect as automakers heighten incentives and sub-prime lenders watch their delinquency rates. In 2016, a record 32%, or nearly 1/3, of all vehicles involved in trade-ins at U.S. dealers belong in this category. When the consumers go to purchase a new vehicle they must add the deficit between their loan balance and the vehicle’s value to the price of the new vehicle they wish to buy.

The lowest the “underwater” percentage has been historically was near 14% in 2009, amid the Great Recession when credit was hard to obtain. Previously the high was 29% in 2006, when the housing market was in bad shape. The average new vehicle loan is for 68 months, according to Experian, which tracks this stuff. Sub-prime borrowers, those with lousy credit scores, are borrowing over an average of 72 months, or 6 years.

While those loans limit monthly payments, they also hurt the buyer’s equity, or amount of the loan principal paid off. Rather, it expands more slowly than the vehicle depreciates. If the car gets stolen, or wrecked, or you really want to buy a new car while you’re upside down then it is a problem. This happens as the average retail price of a new car is near an extraordinary high of about $34K. Some of this increase is spurred by consumers’ preferences for bigger, fully equipped pickups, SUVs and such. The result is they borrow more to get the car they want. The average new vehicle loan was $29,880 in the 2nd quarter of this year.

Leasing is now at record levels of more than 30 percent of all sales, has grown increasingly popular. Already, especially in segments such as compact and mid-sized vehicles, used car values are dropping as a wave of three year old vehicles are returned from lease. This uptick in supply is forcing down the amount dealers are enthusiastically willing to pay for these at auctions. Ford CFO Bob Shanks told people that their Ford Credit segment cut its forecast for 2017 profits because due to drops in auction values for used cars. Moody’s, Standard & Poor’s and Fitch, have expressed some concern about the pattern. Their focus is on the $38B market for securities based on auto loans. These are bundled auto loans, similar to the groups of mortgages that fell in the 2008 crash of the mortgage bubble. History indicates borrowers are likely to remain recent on their car loans compared on their mortgage payments when the economy weakens. Banks can cars quickly versus a mortgage. Fitch says that delinquencies of over 60 days on sub-prime vehicle loans rose to 5% in September, the 2nd highest level since 2001, and higher than last year.” The full article is available here.

Columbus Region Scrap Auto Buyer

How much longer will you leave that broken down car sitting there in Galloway, Hamilton, or Reynoldsburg before calling an auto buyer? There is no need to proceed further to sell your auto junk in Montgomery, Mifflin, and New Rome—we will haul it away. Where is the nearest site that will buy junk cars in Lake Darby, Whitehall, or Worthington, OH? Those in possession of an unwanted vehicle in Lockbourne, Marble Cliff, and Harrisburg should be aware that we buy used cars for scrap. Were you aware that used oil can be recycled, purified and then used again, another example of renewable usage.

Scrap Auto Tire Removal

Columbus Scrap Cars will buy used cars for scrap in the regions of Dublin, Valleyview, and Montgomery, OH. Are you seeking a buyer of scrap vehicles Brice, Westerville, or Huber Ridge? We currently offer cash for junk cars and among the many options for people that buy junk cars. Residents of Truro, Madison, and Gahanna wanting junk car scrap services need only to contact our junk vehicle buyer for a price quote. As an environmentally sound operation, we take special cautions since old cars contain potentially hazardous chemicals that we process in an environmentally responsible manner to avoid contamination.

In the June 3, 2016 edition of WFYI Indianapolis an article titled ‘Marion County Mosquito Control’s Tire Recycling Day Is June 11’ was posted as follows: “The Marion County Department of Public Health has a Mosquito Control program, which encourages people to scrap unused tires amid a Tire Recycle Day on Saturday, 06/11 from 8 am to 4 pm. One of the simplest means to curb the mosquito population is to minimize regions of standing water where mosquitos tend to breed. Abandoned vehicle tires can gather water and become a place for mosquitoes to lay eggs. In partnership with Meineke Car Care, this tire recycling event collects used vehicle tires from Marion County residents at zero cost.  They will accept a maximum of (6) tires each. This event is for individuals and not for use by tire-related retailers or auto scrap yards. All picked up tires will be properly recycled.

Matt Sinsko, coordinator of the MCDPH Mosquito Control program says that this is one significant means for people to become involved in making their neighborhoods healthier places. In addition to the reduction of clutter, getting rid of old tires helps to control the possible spread of West Nile virus and other mosquito-based diseases.” The complete article is here: http://www.wfyi.org/news/articles/marion-county-mosquito-controls-tire-recycling-day-is-june-11

On June 1, 2016 an article titled ‘Abandoned vehicles litter roadways’ by Nancy Cook was posted on West Hawaii Today with the following information: “Abandoned vehicles dumped on the sides of Mamalahoa Hwy & elsewhere across the island are slowly disappearing, thanks to a new contract signed by Hawaii County. The news is a huge relief to Shirlee Shumway, who for six months has noticed many cars beginning to appear on the roadside. The county began tagging the abandoned vehicles, then removing them. Individuals were stripping the valuable components from the cars at night. According to Shumway, one car, covered in a silver tarp, had been on the Mamalahoa Highway, for 10 months. The car had no engine and wasn’t parked on private property–the tarp was old & held in place by lava rocks.

A decrease in scrap metal prices & the loss of markets in China over the past year contributed to a drop in county recycling efforts. But county Environmental Director Bobby Jean Todd says the new contracts with haulers are moving the cars off the roadside & onto county property. The cars collected by a contracted junk hauler are sold at auctions or they’re held at the county’s (2) car yards to be sent off for recycling. Haulers receive between $58 and $75 per car, plus $4.50 to $7.50 a mile to transport the abandoned vehicles. On public roadways, junk automobiles may be removed by calling the Hawaii PD.” The full article can be viewed at this link http://westhawaiitoday.com/news/local-news/abandoned-vehicles-litter-roadways

We buy used cars for scrap

We continue to expand the service area in which we operate as a buyer of scrap vehicle to now encompass Franklin, Grandview Heights, and Minerva Park. Are you in search of a way to obtain cash for junk cars in Blacklick, Grove City, or Jefferson, OH? Those is the areas of Franklin County such as Hilliard, Obetz, and Jackson can get cash for junk cars from our people that buy junk cars 6 days a week. Even if your car is broken down at a Mr. Tire, Katz Tires, or Discount Tire location, we can buy it. Our junk car scrap program is now present within Upper Arlington, Whitehall, and Lake Darby, OH.

Ohio EPA Scrap Recycling

Columbus Scrap Cars is back with the latest in auto-related scrap and recycling news. Before delving into the exciting Ohio report, be aware that we buy used cars for scrap. To junk your car for cash in Lake Darby, Huber Ridge, or Dublin, simply contact us at (614) 715-5005. We buy any car throughout Madison, Gahanna, and Grandview Heights, making it easy to sell a car for scrap. As a proud proponent of “green” procedures and practices, we make sure that your car becomes a positive resource.

On April 25, 2016 the Ohio EPA issued a press release titled ‘Grant to Address Scrap Tire Processing & Market’ with the following information: “The Ohio EPA has awarded funding for (2) projects to help companies in the development markets for reusing scrap tires; this will improve markets for scrap tires across the state. Jackson Twp. is supporting Liberty Tire Service in the manufacturing & processing of scrap auto tires. This award for $350K is to purchase a scrap vehicle tire processing unit. The Soil & Water Conservation District of Cuyahoga County is partnering with the Saint Clair Superior Development Corp. to purchase a unit to create geo cells comprised of scrap auto tire material.

These granted investments will benefit Ohio, providing an environmental outlet for junk car tires. The 1st grant will allow the conversion of scrap tires into a product for the tire-derived fuel market. The 2nd allows the use of scrap-tire material in the constructing geo cells for stabilizing soil engineering designs; the program assists businesses that propose projects to have successful junk car tire markets and innovating scrap products. The OH EPA implements waste reduction, market developments in recycling, and litter prevention. Ohio residents are encouraged to reduce waste, to recycle materials and also to purchase recycled products.” The full article is available at this link.

Who will buy used cars for scrap?

To junk your car for cash in Whitehall, Worthington, or Brice, simply call the home of cash for cars in Columbus. The requirements to sell a car for scrap in Harrisburg, Lockbourne, and Marble Cliff, are that you possess the title to the vehicle and a photo ID. In the regions of Lincoln Village, Amlin, and Blacklick, we buy any car—regardless of condition. Those with environmental concerns in the areas of Reynoldsburg, Upper Arlington, and Westerville should know that we are a proud proponent for safe and sustainable recycling of all junk cars.

 

Scrap Auto Batteries Recycled

We buy used cars for scrap, thus allowing you to junk your car for cash in the regions of Bexley, Huber Ridge and Dublin. We are car buyers that offer money for a junk car that ultimately recycles the junk car scrap. We handle junk car scrap 6 days a week throughout Franklin County. Getting money for a junk car is great, even better with free towing included when we buy used cars for scrap throughout Gahanna, Grandview Heights and Minerva Park. As a junk your car for cash service provider, we understand that car buyers have a responsibility to environmental compliance. We will pay money for a junk in any condition and will diligently insure that we do not pollute either our air or water in the areas of Grove City, Groveport and Jefferson, OH. Our topic in this update centers on how US scrap auto batteries end up in Mexican recycling plants and unfortunately can be dangerous to those workers exposed to them.

In the February 26, 2016 edition of The Washington Post, writers Joshua Partlow and Joby Warrick authored a story titled ‘A dangerous export’ which tells us the following: “Juan Gonzalez Mendoza’s physical deterioration came swiftly, with deep pain in his bones, elbows & knees that refused to bend. Numbness spread throughout his left side and finally he was unable to walk or even stand. Doctors where he worked — a battery recycling plant near Monterrey — told him he had a fever. His job was putting used U.S. auto batteries into giant ovens. Private medical tests eventually confirmed the problem: acute lead poisoning. The Eléctrica Automotriz Omega plant is a concern in the neighborhoods near the factory where spent car batteries are converted into lead to for new batteries. Elevated levels of lead have turned up in workers’ blood and in nearby lots where children play & families raise livestock. Company officials did not respond to requests for comment.

A tide of used batteries has swept into northern Mexico as metal recyclers seek to profit from the country’s relatively lax controls on lead exposure in the workplace. Officials estimate that the number of batteries shipped to Mexico has grown by more than 400% lately. As many as one in five lead-acid batteries from U.S. vehicles end up in Mexican recycling plants. Mexico has sought to strengthen standards for lead exposure, but no plants have the costly pollution controls and worker-protection systems in place. Gonzalez used his vacation days from the plant to travel to a private medical clinic where lab results indicated lead concentrations. For nine months he was stuck in bed and unable to work. Auto batteries are among consumer products that still contain large amounts of lead. In the US nearly all spent batteries end up being recycled, which involves removing the plastic, acid and other chemicals and then melting down the lead to use in new batteries. U.S. battery recycling takes place in high-capacity smelters. Workers wear protective clothing to ensure no traces of lead leave the plant with them. Special exhaust scrubbers trap tiny lead particles and electronic monitors sniff the air to guard against accidental exposures.

Americans, while seeking to eliminate an environmental problem at home, are exporting contamination abroad, to a region less capable of defending itself. The Eléctrica Automotriz Omega plant employs several dozen workers who say they earn about $13 for a 12-hour shift. Soil samples taken at locations around the Omega plant were analyzed by a laboratory. The results showed lead contamination ranging from 40 to 400 times than naturally occurring lead levels. The company does test for lead, but workers aren’t given documentation of the test results and think that Omega’s doctors play down lead exposure. Employees are instructed to shower during the workday, and before entering the cafeteria, they receive a hand spray that is supposed to change color if contaminants remain. Both employees and nearby residents complain about the lead and toxins they believe are pumped out of the plant’s smokestacks. Residents say they suffer chronic headaches and bone pain and that pets and livestock fail to reproduce or drop dead without warning.” The full article is available at http://www.washingtonpost.com/sf/national/2016/02/26/a-dangerous-export-americas-car-battery-waste-is-making-mexican-communities-sick/

Columbus area junk car buyers

For additional information about scrap vehicle battery recycling we encourage you to visit article by Cleveland Scrap Cars at this link. When we buy used cars for scrap, they are transitioned to end-of-life vehicle status in the cities of New Albany, Galloway, and Hamilton. Residents of Pickerington, Reynoldsburg, and Upper Arlington should avoid leaving that old car, truck or van sitting around—get money for junk car scrap instead. When you junk your car for cash with us, you are actually initiating a positive impact on the environment. Those with a scrap vehicle in Westerville, Whitehall, and Worthington, should know that we’ll provide you money for a junk car and pick it up today. We will pay cash for cars and provide complimentary scrap vehicle removal in Brice, Harrisburg, and Lockbourne. Even if your car is broken down at a repair shop in Marble Cliff, Obetz, or Riverlea, we can offer same-day junk car hauling!