The second-hand vehicle industry has always thrived in Sydney, but it’s been particularly interesting these days, with used junk car buyers becoming more popular than ever. But why is this the case?
Why Are Used Junk Car Buyers In Sydney Growing More Popular Each Day?
There’s one obvious reason why used car prices are rising: COVID-19. Because of the health crisis and the need for social distancing, many people want to lessen their alliance and public transportation. This has cost the demand for private modes of transportation to skyrocket in the past year.
According to the Australian Bureau of Statistics, the percentage of people using public transport has dramatically decreased in October 2020. On top of that, new car sales were 18.8% lower than the previous year.
But what about scrap vehicles? They can’t be driven nor can they be repaired without spending an unreasonable amount of cash. However, this doesn’t mean they’re useless.
It Seems That Used Junk Car Buyers In Sydney Want To Take Advantage Of The Following Benefits:
- Recovery Of Scrap Metals
Old cars are an excellent source of scrap metal. For example, the average vehicle contains about 1000 kg of steel and 150 kg of aluminium. Meanwhile, it may also have rarer metals like copper, platinum, and palladium.
For this reason, used car buyers are racing to get their hands on scrap materials. Common metals like steel and aluminium are value about $1.50 per kilogram, while copper and brass can earn you up to $8.00/kg.
Where does all of this scrap go? If you sell your car to a trusted recycler, its metals will be crushed, shredded, and separated into their respective categories. Then, they will be sent to various manufacturers to make brand-new vehicle frames!
- Reuse Of Spare Parts
Scrap metals aren’t the only things you can salvage from your car. Before crushing its frame, you’ll need to dismantle its components. This is where a lot of the cash comes from.
Take cars made after 1975, for instance. They all contain one valuable component: the catalytic converter. This device is made of precious metals like rhodium, platinum, and palladium, highly sought-after by recyclers. Meanwhile, exhaust systems are always high in demand, bought by many parts collectors and repair shops.
In addition, some other valuable spare parts include your car batteries, engine, stereo system, and GPS unit.
With the rise of used junk car buyers in Sydney, many sellers are also racing to get rid of their vehicles. So, if you’re planning to sell your junk car, consider visiting us at Amazon Car Removal!
We can offer you up to $8000 depending on the condition of the car. We buy all makes and models, including old or damaged sedans, SUVs, and trucks. On top of that, we’ll get rid of the vehicle for free! You can give us a call at 0402 503 145 and schedule your pick-up whenever it’s most convenient.