When Should You Sell Your Junk Car?
Once you have made the decision to sell your junk car, there are a few concerns that need addressing. Primary amongst them is deciding on the optimal time to sell. There is of course no point in keeping a scrap automobile for any longer but as the experts in junk car removals, we know a thing or two about the best time to sell. As with most things on the market, the price you can get for your junk cars are affected by demand and supply. In this case, the current prices of scrap metal will play a huge role. We however have some insights to make your job all the more easier.
Best Time to Sell Your Junk Car
Spring
In the spirit of welcoming all things new, spring really is the best time to sell your junk car. As winter draws to a close, people move into spring cleaning and perhaps even splurging. The tax rebates due in late spring also mean that people are more willing to spend on necessary auto parts.
Junkyards are often willing to shell out premium to meet this sharp spike in auto parts demand
and keep their stocks from running out. This means there is more cash on offer for your scrap cars. We suggest targeting between October to November, if you’re looking to sell your scrap car at a premium.
Summer
Come warm weather, us Australians are out and about indulging in our favourite fun activities. This creates an uptick in the demand for good auto parts and selling your junk car now can be quite profitable. There is also a considerable boom in construction and development around this time which drives up the demand for scrap metal.
So if you missed out on the golden period of spring, worry not because there is always summer. A word of caution however, you might not want to wait until late December or early January to remove your scrap automobile. The holiday period is when the whole country is shutting down to spend time with family and friends. Consider February where demand from incoming students drives up prices again.
Poor Time to Sell Your Junk Car
Autumn
When summer passes, we see that the prime time of buying new auto parts has also passed. Junkyards are beset with more junk cars than they can turn over. This leads to an inflated market and ultimately a less than ideal selling environment.
If you’re looking to get the best price for your car, we don’t recommend selling between March and May. However we can’t recommend holding onto your scrap automobiles for longer than necessary. If the junk car is more hassle than good, it is best to contact a car removal expert at the earliest.
Winter
Most people retreat indoors as temperatures drop and there are minimal activities to indulge in. This leads to a considerable drop in the demand for auto parts and scrap metal. The cost of doing business also being considerably higher in the weather means your junk car may not receive the price you expect.
June also marks the end of the financial year with a number of EOFY sales, there are more people buying new cars and selling their old ones. All of this contributes to a poor selling environment, it would be wise to wait till September to sell your junk car.
Things to Consider Before You Sell Your Junk Cars
- Don’t postpone scrapping your car
There are of course some seasons that are better than the others when it comes to selling your junk cars. However the longer you wait, the condition of your car is prone to deteriorate further and lead to a depreciation in price.
- Always consult the experts
There might be a number of places buying junk cars near you, however it is best to consult a reputable junk car buyer before you make the call.
While there are many factors affecting the demand for your junk car, there are reliable experts like Cash for Cars that will offer the best price and save you the inconvenience.
If you’re looking to sell your junk car for the best price, look no further than Cash for Cars that offer up to $8999. We offer the best price for your scrap automobile. We also buy junk cars in any condition, pay instant cash and also offer free towing across Sydney. Get in touch with us at 0432 022 021 or Get a Quote Now.