Thanks to a demand for scrap metal, inflation, and a shipping crisis that’s kept inventory backed up at the ports, junk car prices rose by 10% in November 2021 and that trend is expected to continue well into 2022.
As of today, the price for an average junk car is about $626, up from an average price of $459 in September of this year.
With many economists predicting a prolonged recession and continued problems with shipping in the United States, likely, the trend of rising used car prices will only continue as more people and companies will be turning to scrap metal once again.
What To Do Before You Scrap Your Car
If you plan on scrapping your junk car in the coming months, make sure that you remove all personal belongings from the vehicle because once it’s gone, you won’t be able to get those items back.
Besides removing personal items, you should also remove any parts that may be of value to collectors because some collectors may be searching for those parts and they may demand top dollar on sites like eBay.
When To Scrap Your Car
At Fred’s Auto Removal, we’re always ready to pick up your junk vehicle and pay you top dollar for it regardless of whether you live in Portland, Beaverton, or the surrounding area.
Now is a great time to scrap a vehicle, especially since the Christmas holiday typically leaves people in need of cash so if you’ve been thinking of selling, why not sell now?
Contact Fred’s Auto Removal
To get a fair cash offer quote for your vehicle, contact us today by calling (503) 810-3061 or click here to connect with us online.
You can count on fast service and a fair cash offer for your vehicle. Contact us today, you will be glad that you did!