We are now available in Albany, Galloway, and Hamilton, OH to quickly junk cars for cash. Why would you simply leave a salvage vehicle sitting there to rust in Reynoldsburg, Montgomery, or Mifflin, OH? The primary function involved with scrapping cars is to initiate the end-of-life vehicle recycling process. For same-day or next-day vehicle scrap, contact us today at (614) 715-5005 in New Rome, Washington, or Lake Darby, OH. The guy who buys old cars at our office is awaiting calls from sellers in the areas of Worthington and Lockbourne, OH. With our auto recycling program, fewer raw materials are used, which conserves energy and natural resources.
Megan Quinn posted a story on ISRI recently that shed some light on junk auto converters as follows: “Instead of selling recycled catalytic converters (CC’s) in bulk, recyclers are beginning get their units to refiners to get a better price. The variation in products, up-and-down prices, and some dishonest members of the industry make it difficult to truly master this unique recycling niche. Recyclers who collect CC’s know the platinum-group metals have significant value once a cat specialist or refiner buys the unit, but it takes often closely held knowledge to uncover whether a single unit is worth $400 or a meager $5. Recyclers, muffler shops, and car dismantlers have been collecting and selling CC’s since they became common in the mid-1970s to reduce vehicle emissions. Traditionally these outfits will gather a container full of CC’s and sell them to a cat specialist, who pays the collector based on the estimated value of the load prior to cutting each unit open to uncover the valuable PGMs inside. Recyclers are trying to skip the cat specialist middleman and work directly with the refiner, who will pay them for the exact value of their CC’s.
Cutting out the middleman doesn’t always generate profits. More-knowledgeable folks still easily take advantage of less-knowledgeable players in the platinum-group metals market. Sellers must learn as much about CC’s composition as they can and work with trustworthy partners. Recycling the PGMs inside CC’s hasn’t changed much. In the first stage of the recycling chain are the suppliers: peddlers, muffler garages, auto dismantlers, scrapyards, and vehicle manufacturers with production scrap. They can either sell the CC’s to cat specialists who open the units to retrieve and sell the PGM itself, or some other arrangement.
When collectors sell their CC’s outright to a cat specialist, the buyer typically uses an X-ray fluorescence analyzing device to estimate the approximate levels of PGMs in order to determine what they pay the collector. A refiner separates the platinum, palladium, and rhodium into their raw forms. Although collectors who work directly with refiners believe they are receiving fair and accurate pricing, it is hard to know for sure. Jay Robie, CEO of Phoenix Group Metals & Phoenix Automotive Cores says there isn’t a secret method to gathering the correct information to succeed, but there are companies with solid reputations that are willing to play by the rules.
Of the three main metals in CC’s, platinum is usually the most valuable, with palladium nest. Newer CC’s often have higher amounts of it than platinum because of its lower material cost. Rhodium, a rare metal used as a hardening catalyst for platinum and palladium, is typically present also. The industry is hoping for better prices in the future, low prices from the past year still affect the way people buy, sell, and process CC’s today.” The complete article is available here.
Who buys old cars in Columbus?
Are you trying to decipher where to junk cars for cash in Perry, Plain, or Sharon, OH? Often when an old car needs a costly repair in Harrisburg or Bexley, OH, that exceeds its value, it should be designated as a salvage vehicle. Those seeking a place for scrapping cars in Lincoln Village, Amlin, or Clinton, OH are encouraged to contact us. Complimentary vehicle scrap removal is always possible in Groveport, Huber Ridge, and Marble Cliff, OH, for your junk car quote amount. Auto recycling with Columbus Scrap Cars helps to reduce energy usage and consumption of raw materials.