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The Crystal Ball: Scrap Car Price Predictions for 2014

Posted by on Feb 17, 2017 in Blog, Scrap Cars | Comments Off on The Crystal Ball: Scrap Car Price Predictions for 2014

The Crystal Ball: Scrap Car Price Predictions for 2014

Wondering about scrap car price predictions for 2014? If so, you have come to the right place. In this article, we will give just a few very simple projections for the price of scrap metal this year. We will also examine what the market’s past tells us about scrap metal prices, as well as a few of the overall factors that may affect how much you actually get for your scrap car. If you are thinking about selling a scrap car this year, you cannot afford to miss out on this article. What We Could See This Year This year has already seen an upswing (in January) and another downswing (already, in February) for the price of scrap metal, and, therefore, scrap cars. Some sources do tell us, however, that they expect an overall slight rise in prices for scrap metal this coming year, as they think demand for scrap metal will increase in places like Europe. They believe that this will be the case until around the year 2015 or so. However, in the meantime, prices could still yo-yo up and down from month to month in America. What History Teaches Us History teaches us that predicting the overall possible market value and price of scrap metal is not a science, at all. Many larger corporations in the metal and scrap metal industry, in fact, avoid making any predictions at all. They see the scrap metal industry as being far too volatile to predict. Prices can (and do) change at the drop of a hat, so to speak. History teaches us this has been the case for a long time, if we look back at past trends. The good news is that current demand seems pretty strong. Factors to Consider There are plenty of factors to consider when you might be wondering how much you could get for your scrap car. First, consider how large and heavy your car itself is. Many scrap yards pay in pounds, so this could obviously effect the overall price you get. Older cars are normally heavier (and contain more scrap metal) than newer cars. Lastly, remember that the overall demand and market price for scrap metal also has a huge effect on just how much your scrap car is worth when you sell it. Who you sell it to may also make a difference. If you have any old scrap car and you are looking for a Scrap Car metal Recycler then you can call DNY Recycling at:...

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6 Mistakes To Avoid When At The Scrap Yard

Posted by on Feb 12, 2017 in Blog, Scrap Car Removal Tips | Comments Off on 6 Mistakes To Avoid When At The Scrap Yard

6 Mistakes To Avoid When At The Scrap Yard

With today’s economy slowly sinking to the bottom of the toilet, you don’t want to waste any of your resources. The good news is that more people have become enlightened when it comes to saving money. You are no longer called Scrooge when you try to save money but a wise consumer. While our parents labeled garbage and threw away, we now sell and make money. A good example of potential money-maker is your junk car. If you have a scrap that you want to dispose of, why not sell it for top cash? There are scrap buyers in Toronto, for example, who will be more than happy to buy your scrap car. They even offer free towing and 24/7 service. Nonetheless, buying and selling scrap is an art. You don’t want to get ripped off, but you also do not want to price yourself out of the market. If you are an amateur, avoid these mistakes so that you can come away from a scrap yard satisfied: Being Unprepared and Unorganized Before approaching scrap buyers in Toronto, you need to get organized first. Look at your scrap car and see if there are any other usable parts. Is the radio still functioning? You can probably find another buyer for it. You need to look at it with an objective eye and see what you can sell separately. Then remove and sort them for selling later. Not Learning About Scraps Learn how your scrap yards classify materials. Every scrapper has a name and classification system that is all on its own. Knowing which ones they value more over another can help you get top cash for your junk car. Not Checking Prices Scrap yards operate like any other market, that is, prices can vary at any given time depending on several factors. Don’t forget to do your due diligence and ask scrap buyers in Toronto for their prices before going there. You’ll get a better deal if you scope out the prices first. Incorrect Packing If you want dispose of your junk car as fast as possible, you should know how to pack your scraps efficiently so that you can unload as quickly as possible. Being Ignorant of the Laws Don’t assume that because its junk, the government does not regulate the industry. Wrong. There are laws that govern every action in any country including junk disposal. Ask about the requirements and determine also whether they are being compliant with the law. If they are, it’s a good bet that they are running an honest business. Don’t Forget Your Magnet It will make it easier to separate junk. The best advice for would-be scrappers of junk car is to learn everything you can about scrapping and the scrap car buyers in Toronto. Ask if they have free towing for scrap cars, provide 24/7 service and whether they offer top cash for your junk car. Ask your friends and colleagues for recommendations before parting with your scrap car. A little research on your part will go a long way in ensuring that you get the best deal when you finally dispose of that junk car that has been sitting on your yard for too long. Call DNY Recycling now at 416-823-1977 to solve any of your scrap car removal...

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Why Do Scrap Metal Prices Change?

Posted by on Feb 7, 2017 in Blog, Scrap Cars | Comments Off on Why Do Scrap Metal Prices Change?

Why Do Scrap Metal Prices Change?

Up until 2000 the prices of scrap metal remained relatively stable. This made it easier for those who wished to recycle scrap metal to estimate how much money could be made from the metal they had available. However since this point in time the price of scrap metal fluctuates quite significantly and the price that is received when recycling a certain type of metal such as aluminum is likely to have changed if the same metal is recycled again even a few weeks later. There are a number of factors that influence the price of scrap metal and how it changes. The price scrap metal is driven by supply and demand. If there is a demand for a particular metal then it’s price will increase and then decrease again as this demand lessens. Depending on what is causing this demand this price increase can last anything from a few weeks to up to a year. At the current time the prices of scrap metal is largely controlled by the Chinese economic markets. China is one of the world’s largest economies and has a huge influence on the price of many commodities including metal all over the globe. If a particular metal is in demand by China then the price of it likely to increase internationally. As high temperatures are needed to melt down scrap metals the cost of fuels has an impact on the cost of metals. As the cost of fuel rises so does the price of the metal not just because of the cost of manufacturing but also transportation costs. Scrap car buyers are affected by these changing metal prices because it is hard for them to offer a consistent price to their customers. People who are looking to scrap their car will want the best deal that they can find and if the scrap car buyer is unable to get a good price for the metal then this will affect the price that they can offer the seller. They may have to look at other ways of cutting costs in order to offer customers a competitive deal. Call us now at 416-823-1977 to solve any of your scrap car removal...

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How to keep your Car from becoming Junk too soon

Posted by on Feb 2, 2017 in Blog, Scrap Car Removal Tips | Comments Off on How to keep your Car from becoming Junk too soon

How to keep your Car from becoming Junk too soon

Owning a car is not just the responsibility of going to a gas station and filling the tank and changing the oil from time to time. It requires a lot more care and maintenance if you really want to get the most out of it. If a person doesn’t take proper care of their vehicle expecting it to continue working in top condition even if they don’t take them to the mechanic for checkups. In this article we are going to give you some tips on how you can keep your car from becoming junk sooner than it really should. The first thing is to always make sure the water levels are optimal before you plan on driving your car for long distances. Even if you are just driving a couple of miles you should always check the water levels and avoid damaging the engine by overheating it. This might seem like something that is obvious but a lot of people neglect even the most basic maintenance and this is why they end up with a car that breaks down way sooner than it should. The tires are a very important component of the performance of the car and you should always check that they are properly inflated with the correct amount of pressure. Rotating your tires and getting the car to the shop for alignment and balancing is also very important if you want the car to run smoothly and the suspension to be worn out as little as possible. Also avoid fixing a tire too many times because it will create more problems than it will solve in the long run. Purchase a new tire and even better, purchase a new set of tires if they have all been repaired more than once. Checking the oil levels and getting the oil changed every six months is also very important because the engine will be completely useless if you run it without oil. A lot of people have an oil leak and they are not aware of this until their engine is useless due to being started and ran without any oil. The length of time to change the oil is going to be different depending on the kind of car and engine you have. You should also send the car for a complete checkup and replacement of some parts every 25 thousand miles. Several hoses and rubber belts have to be replaced a few times during the active years of your vehicle and you should consider this essential to avoid greater damage to the engine which could end up costing you a lot more than you expected. This is very important so make sure you invest on small replacements as often as required. If your car is making a strange noise that it didn’t make before, you should never wait until the sounds get louder or make the terrible mistake of hoping that the noise will be gone after a while without getting the car checked. This is a very common problem with people who don’t want to spend money on repairs but they end up ruining their cars even more and shortening their lifespan. Never forget that smaller investments on car repairs will save you a lot of money in the long run. The best thing...

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