If you’re thinking about selling your used or junk car, now’s the time.
Used vehicle sales have surged in recent months as the pandemic has led to inventory shortages.
According to Edmunds, both trade-in and sales values of used cars are trending above average territory as dealers are willing to pay a little more to fill their lots.
Trucks are retaining the most value during the pandemic.
The market for junk cars is also seeing some positive growth as the value of scrap steel increases.
Companies such as Planet Auto Wholesale can offer more than before given the favorable market conditions. Higher demand for construction, auto manufacturing and other industry is causing higher scrap metal prices.
Selling your junk car is a great first step if you’re thinking about entering the market once again as a buyer or if you just need some extra cash.
Market insiders are unsure how long the favorable used and junk car markets will last.
Construction needs may dwindle down a bit during the colder months resulting in a drop off for metal prices.
For the best return, now may be the time to act and sell your junk car as sellers continue to drive the market.
If you are wondering if your car qualifies to be sold as a junk car, do not hesitate to reach out to us to learn more.
We will handle all the paperwork and guarantee that you’ll have a fast-and-easy transaction with us once you decide to unload your junk car.