Vehicle Loan Forecast

Are you wondering where to sell junk cars in Ohio towns such as Valleyview, Whitehall, and Montgomery? We are the people that buy junk cars in the regions of Brice, Flint, and Westerville 6 days a week. To determine the value of your old car simply contact us for a quote for an old car in the areas of Huber Ridge, Truro, and Madison. When you contemplate your options sometimes the best solution is to scrap a car for cash and move onward. Are you in the process of determining whether to sell your scrap car in the Gahanna, Franklin, or Grandview Heights areas?

Apparently the US government is playing “watchdog” on the auto lending industry lately. In the July 11, 2016 edition of the WSJ, Andrew Ackerman posted a story titled ‘U.S. Regulator Flags Auto-Lending Risks’ with the following details: “A U.S. banking representative warned about growing credit risk in the automobile-lending sector, raising the possibility of fresh regulatory pressure in the area. The Office of the Comptroller, which oversees large national banks which includes many of the biggest banking firms in the U.S., highlighted the risks in its bi-annual report.

The OCC said auto-lending risk is heightening “because of notable & unprecedented growth across all types of lenders. As banks have fought for market share, some banks have gone with less stringent underwriting standards, the report said. The report indicated the role of indirect auto lending, in which banks offer cash to auto dealerships, who in turn lend to consumers. The report said indirect lending reflects “an area of significant fair lending risk” amid fast growth. Comptroller of the Currency, Mr. Thomas Curry had raised the red flag once before about auto lending, making an analogy between it and the mortgage crisis.

Automotive lending has spiked in recent years with historically lower interest rates, inexpensive gas and stronger consumer demand. Auto loans even performed pretty well during the financial crisis, which market observers have viewed as a sign that the loans are safe because even low income households must pay for transportation. Auto lenders also have an easier time obtaining collateral on a past due auto loan—by repossessing the vehicle—than they do foreclosing on a house covered by a failing mortgage.” The complete article is available at this link.

Where to junk cars in Ohio

Among the people that buy junk cars, we extend you fast and courteous scrap car removal in Grove City, Jefferson, and Hilliard. The quote for an old car is a cash price that we will pay you when we tow away the vehicle in Obetz, Jackson, or New Albany. How do I scrap a car for cash in Galloway, Hamilton, or Pickerington? Simply locate the title and give our scrap car buyer a call for a price on the unwanted vehicle; regardless of if located in Reynoldsburg, Mifflin, or Washington. To efficiently sell your scrap car in Upper Arlington, Lake Darby, or Worthington with same-day pick up, contact us at (614) 715-5005.

Female Vehicle Buyers

If you are among those wondering where to receive cash for my car—you have found it. Executing the process of fast cash for cars is our specialty in this local area. We are now able to offer sellers a quick junk car quote for the scrap value of a vehicle. To obtain a price quote for a junk car, simply contact us promptly. Those seeking to scrap a car for cash should have the vehicle’s year, make and model when calling.

A recent story on Used Car News titled ‘Women Warming Up to Used Cars’ with the following information: “Jumpstart Auto Group released an auto shopper study in collaboration with Ipsos Connect. This report identifies new trends in the auto-shopping process for various demographics, including women, millennials, as well as Asian and Hispanic shoppers. The research indicates that millennials are not only interested in purchasing cars, but they are also cycling in-market more frequently due to changes in life stages (four in 10 shoppers buy a new car every three years vs. nearly six out of 10 millennials). Online auto buying decisions has shortened their decision-making time to a 30-day process. 3/4 of millennials now take (4) weeks or less when shopping for a car and 88% research online throughout the full process.

Women are an important audience for both dealers and manufacturing, considering they influence 80% of all transactions. They rely heavily on separate research and reviews and are more likely to view Consumer Reports than any other group. Women place a greater value on practical needs such as passenger seating, comfort, and safety, while remaining thrifty. Although they are mostly new-car buyers, they show more willingness to consider used if it means they’re going to get more for their money compared to men. Asian & Hispanic shoppers place a greater value on brands of cars that are more popular or recognizable, as well as those with alternative fueling options. Overall purchase pricing is important to Asian shoppers, but they are more willing to increase their monthly payment if they feel the value is there. Hispanic auto buyers seem to value the purchase price over than monthly payment, but the payment is a stronger consideration for them than any other group.

Asian consumers tend to subscribe to a ‘you get what you pay for’ mentality that places a high emphasis on quality. Hispanic shoppers tend to purchase more new vehicles than used, and they often hold onto a vehicle and pass it down to a family member instead of trading it in, making trade-in deals less attractive to this group.” The full article is available here.

Where to go for fast cash for cars

The decision of whether to simply get cash for my car and move on is often not easy. Contact our junk car buyer today for a quote for a junk car. Where should I scrap a car for cash? Any junk car service provider that is committed to environmentally sound practices will work out fine. Contact our facility for a junk car quote that is quickly given over the telephone. Environmental contamination resulting from processing junk vehicles can occur within the scope of scrap vehicle operations. Recycling reduces the hazardous pollution associated with heavy manufacturing processes.

Columbus Scrap Problems

Columbus Scrap Problems

The process is simple and easier than you may realize, so contact us for a price for a junk car, regardless of the condition. Contact our scrap car buyer today for a quote for a junk car in Urbancrest, Valleyview, and Blendon. To scrap a car for cash in Clinton, Franklin, or Hamilton is fast and easy with us–we provide a price over the phone and come out to tow it away. We’re a locally based scrap car buyer paying cash for cars in Jackson, Jefferson, and Madison. The requirements to sell a junk car in Ohio are simple–you must have possession of the vehicle title and ID with the matching name. To obtain a price for a junk car in Lincoln Village, Amlin, or Blacklick, contact us at (614)715-5005 today. You can get a quote for a junk car by contacting our scrap car buyer today.

A February 5, 2016 story on nbc4i.com titled ‘Multiple Franklin Co. scrap yards indicted after undercover investigation’ reported the following: “An undercover investigation into several scrap facilities has led to indictments by a Franklin County GJ on multiple charges, including corrupt activity & receiving stolen property. Franklin County Prosecutor Ron O’Brien says they conducted an undercover investigation of selling copper wire & railroad-related material to these businesses. The various scrap included wire composed of both copper and aluminum.

The businesses indicted are:

  • A to Z Recycliquortng
  • G-Cor Auto
  • Masser Metals
  • New World Recycling
  • PSC
  • Sims Bros Recycling

O’Brien says some of the facilities knowingly violated the law, which led to the indictments, including one that received (56) Veteran Grave Markers from a cemetery. Some of the markers had been destroyed and were not able to be returned. A to Z Recycling and its associates Lin Wang and Xiaodong Qu were indicted for a pattern of corrupt activity & possessing criminal tools. Union cemetery workers have replaced all the veteran flag staff markers they could identify. The recycling companies are due in court February 19th.

Also found during the investigation:

  • Beer kegs
  • Storage bins belonging to Family Dollar & CVS.
  • Shells for 2 liter bottles.
  • 7K+ pounds of shredded plastics
  • Nearly 4 tons of Pepsi, Coke & 7UP property that was shredded.
  • Milk crates and bread trays

All of the items were reportedly clearly marked as property of those companies. O’Brien mentioned that theft of railroad materials & phone lines are crimes and also could create public safety hazards. He indicated that the scrap facilities that contributed to the theft will be brought to justice. The city prohibits them from purchasing certain items. In Ohio, there is a “Do Not Buy from Convicted Thieves” (DNBFCTL) list which has about 300K people on it. As part of this investigation, three of the sites purchased material from those on the list.” The complete story is available at this link.

It sounds as though Franklin County is allowing many of it’s recycling facilities have a “free for all” as they are basically endorsing theft. I have no problems with those who scour trash and dumpsters for recyclables to earn a few bucks, but looting cemeteries is completely unacceptable. Actions like this demonstrate some kind of internal void of morality. The punishment for those responsible for the graveside thefts should be sentenced to one month of cleaning up debris along the streets while wearing a “sandwich-board” sign that references their offenses.

Where to scrap a car for cash

Columbus Scrap Cars is where to scrap a car for cash in Bexley, Dublin, and Gahanna. When you sell a junk car to us, our scrap car buyer will insure that the vehicle adds new sustainability for other people and products. As a junk car buyer that is a proud proponent of the “green” movement, we make sure that your car becomes a positive resource. Call us today for a price for a junk car in New Albany, Hamilton, and Pickerington. Residents of Reynoldsburg, Upper Arlington, and Westerville should be aware that our quote for a junk car does include scrap vehicle towing. To sell a junk car in Marble Cliff, Minerva Park, or Obetz, you can send your vehicle info through our website at http://ColumbusScrapCars.com