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Vehicle Regulation Study 1.0

Those within the areas of Collinwood, Sagamore Hills, and Middleburg Heights know that we buy scrap cars with complimentary removal.  Call now for a price for a damaged car in Glenwillow, Parma, or Beachwood and we will quote you right over the phone.   No need to worry in the regions of Bedford Heights, Bratenahl, or Mantua, as you can sell a car for scrap by simply contacting our office. What is a junk car worth now in the regions of Moreland Hills, Chagrin Falls, and Mayfield Heights?

A March 2017 study completed by the School of Public and Environmental Affairs at Indiana University tells us the following: “A unique feature of this report is that these aspects are analyzed from two angles. The “2012 perspective” uses values reflective of evidence that was present from 2009 forward, when the 2012 programs were in development. The “2016 perspective; however, uses values reflective of new data that has surfaces since 2012 on the CA ZEV project, tech costs, fuel efficiency, gas pricing, mileage traveled, car resale values, and consumer preferences. Thus, we want to determine if macroeconomic factors looked differently in 2012 than now.

Compared to the 2012 values, the 2016 inputs are reflective of:

  • Due to the CA and federal regulations, pricing premiums for bigger vehicles which will continue to become more stringent
  • The federal projection for the price of gas in 2025 from over $3.80 a gallon to roughly $2.70
  • New data reflecting how consumers react to gas prices through ownership and when selling their cars
  • New data on the number of miles consumers travel
  • The continued fall of electric vehicle battery pricing

Choice of Economic Indicators

Three overall factors are added in: levels of employment, GDP, and true household income allocated as being disposable. These variables are well documented on reported upon by those impacted including OEMs, dealers, and the financial markets and analysts. How regulations impact the new car markets are closely monitored and strongly correlate to the strength of the overall economy.” The full report can be viewed here.

Junk Car Values

Automobile liquid waste should be kept from contaminating the overall environment. We quickly facilitate removal when we buy scrap cars in cash in the regions of South Euclid, Cleveland Heights and Brecksville. The low market price for steel has caused a significant drop in the price for a damaged car or scrap vehicle in Bainbridge, East Cleveland, and Chesterland. If your car isn’t worth fixing and sitting at a repair shop in Seven Hills, Northfield, or Cuyahoga Heights-sell a car for scrap today! What is a junk car worth these days in the cities of Oakwood Village or North Olmsted?