Category Archives: Junk Car

Different Phone Numbers, Same Company?

When a person decides to junk a car, the first thing he does is search the internet for either contact numbers or a quote request form to fill out. Many junk car removal services will provide an online form that you can fill out in order to get a price quote. These online forms are usually brief, asking for just the year, make, and model of the vehicle and for contact information. A lot of the times, the person filling out the form is under the impression that he will receive an instant quote once he submits the form. What actually happens, though, is that the company receives the form and then (based on the contact information that was provided) will send the quote via either phone or email. Rather than waiting around for the phone call or email, customers will sometimes call the company up right away to retrieve the quote.

It is important to note that people who are looking to junk a car do not contact just one company. Naturally, people are going to want the maximum price quote for their vehicle(s), so, they contact as many companies as possible until they find a satisfying price quote. Companies know that customers are going to do this. Therefore, what these companies do is design various different websites with different numbers so as to make it look like each website represents different companies, when in reality the websites all represent one single company. What happens here, then, is that the customers will write down various different numbers, thinking that they are contacting various different companies. When they call the supposed “different companies” they become confused when the same operator answers the phone. Sometimes the operator will say “you are calling back the same company.”

If, however, it is not the same operator on the line, the customer may provide all his information again (the year, make, and model of his vehicle, the mechanical problems and body condition, and his contact information). Sometimes, the operators themselves have no idea that another operator in the office spoke to the same customer. So, sometimes double quotes are given, which are usually identical. If you are looking to junk a car, in order to avoid confusion, when you call up a company to receive a quote, ask the operator what the name of the company is. In this way, you can be sure that you are not calling the same company multiple times when you can be spending your time more efficiently contacting other companies.

Purchasing a Used Vehicle Versus Leasing A New Vehicle: The Break Down

In my previous blog, I briefly discussed the pros and cons of buying a used car versus leasing a new car. In this blog, I will provide an example of how much purchasing a used vehicle will cost you over a 24 month span and how much leasing a 2013 car will cost you over a 24 month span.

Let’s say, for example, that you have the choice of purchasing a 2005 Nissan Altima or a 2013 Nissan Sentra. The 2005 Nissan Altima is going to cost you $4,500 out of pocket plus $150/month for liability insurance. The 2013 Nissan Sentra, on the other hand, is going to cost you $2,000 down plus $400+/month for the car note and insurance. When you think about it, $400/ month is pretty affordable for a brand new car. You wont have to worry about mechanical problems, and if anything happens to the vehicle, you are fully insured for repairs. The Altima will probably last you up to five years before it’s time to junk it, so you’ll get your $4,500 worth out of the vehicle. It’s a simple car–not too shabby to get you from point A to point B. The Sentra is a brand new, perfect, beautiful car. If you are into looking flashy and desire to drive a brand new vehicle, leasing the 2013 Sentra would be the better choice opposed to buying the 2005 Altima. Depending on your budget and desires, leasing vesus buying a used vehicle will appeal differently.

Below is a break down of how much a 2005 Nissan Altima will cost you with a one time payment of $4,500 and a monthly insurance note for $150/month and how much a 2013 Nissan Sentra will cost you with a down payment of $2,000 and an insurance note of $230/month and a car note for $170 per month on a 24 month lease. The 2005 Altima will cost $8,100 at the end of 24 months, and the 2013 Sentra will cost $11,600 after 24 months.

’05 Altima                 ’13 Sentra
Down Payment:                $4,500                        $2,000
Insurance (24 mons):        $3,600                        $5,520
Car note (24 moons):        $0                              $4,080

Total:                                                                                                                       $8,100                        $11,600

As mentioned in my previous blog, if you are interested in purchasing a used vehicle, you may want to contact junk cars for cash companies. Often, these companies will pick up supposed junk cars that are not necessarily junk and will sell them as used vehicles. One example of a junk car for cash company is Junkyard Direct. You can contact this company by calling 866-516-8222 or by visiting the website www.junkyarddirect.com. If you are interested in leasing a vehicle you can contact JYD Auto Leasing and Sales at 718-641-1003 or by visiting www.jydautoleasing.com.

The Price of Scrap Metal

The price of scrap metal is the highest that it has been in years. This means that the demand for scrap metal is also high, as is competition for junk car buyers. Junk car removal companies have been forced to increase the price that they pay for junk cars. There is so much competition amongst junk car removal companies that some companies are offering so much money for junk cars so that they can eliminate competition, but because these companies are offering so much money for the junk cars, the companies themselves are making next to no profit for the vehicles.

Not only are junk car removal companies experiencing competition with other junk car removal companies, but they are also facing competition with fraudulent junk car buyers. Legally, junk car removal services are required to have a business license. However, there are junk car
buyers/towers out there who do not have a license and who continue to buy/tow junk vehicles. These people are not the only competitors.

There are yet other people who, rather than buying and selling vehicles whole to the junkyard, take car parts and sell them individually. Often, these people are crooks who go around and rob car parts off of vehicles and sell the individual parts to the junkyard. The plus side of selling parts individually is that you do not need paperwork to show ownership of the individual car part. (When a vehicle is being sold as whole, the title is required. If. However, the vehicle is at least 10 years old, the registration and copy of the registered owner’s license can be accepted.) So, people go around stealing parts like catalytic converters off of vehicles and bring them to a junkyard to receive some immediate cash.

During hurricane Sandy, junk car removal companies rounded up tens and hundreds of flooded vehicles and packed them into yards so as to round up as many vehicles as they could before other competitors bought the vehicles. Crooks were going around to these yards and stealing car parts to make quick cash. It goes to show you the extent certain people will go to make a quick dollar and that the scrap metal business is extremely competitive.