Changes in the Auto Scrap Market
We are now reaching out to individuals in Westerville, Truro, and Bexley to let them know about our scrap car hauler services. Those with unwanted cars and trucks in Madison, Gahanna, and Franklin should be aware of our scrap car removal process. Attention, junky vehicle owners in Grandview Heights, Blendon and Blacklick—you can sell an old car for cash today! Why would those selling a junk vehicle in Grove City, Jefferson, or Hilliard, not contact us to purchase a totaled car?
On December 21, 2016, Tanvir Arfi reported the following on Collision Mag: “We are used to change in the auto scrap and recycling market, but things seem to be accelerating. There will supposedly be over 200 new electric & hybrid autos in the next couple years. Autonomous cars may be coming soon too. Where is the automotive scrap industry headed? The newer vehicles will have over 80 micro control units within them. Some of which may be recording information, but there’s an snowballing trend towards conveying that data directly to interested people. Telematics is not really new, but the number of autos being retailed with connectivity already built-in just increased dramatically over the last few years. A car that has OEM gateway feeds info directly from the auto to the OEM. This data is tremendously valuable to the OEM, and to insurance providers and the repair shops.
The number of autos sold featuring these has climbed to 7.8% in 2016. That’s a big climb in just a few years, but it isn’t done. Projections of this trend indicate it will rise to 53.3% by 2020 and will continue to rise. Let me assure you, this information will be put to use. Looking at insurance, we can expect to see somewhere between 60 and 120M usage-based insurance policies by 2020, a growth rate of between 60 and 70%. For repairers, this wealth of data has numerous benefits. In addition to receiving a first-notice-of-lose within minutes or second, they’ll be able to determine a total loss nearly immediately. The decision will be largely automated, thanks to the enormous amount of data that the systems will be able to draw on. This has advantages, certainly, but it’s also disruptive to the industries concerned, and that includes automotive recycling. We’re going to see things change, rapidly, if we are prepared for that change or not.
Big data and the growth of telematics are an important factor, but far from the only thing we must consider. We have also seen a veritable explosion of advanced driver assistance systems (ADAS). Many of you may have some of this technology in your car right now, including adaptive cruise control, lane shift assist, limited self-driving capabilities such as Tesla’s Autopilot, blind spot monitoring /assist, park assist, 360-degree sensors, reverse camera and sensors & brake assist systems.”
Columbus Area Scrap Car Hauler
To all those residing in Jackson, New Albany, and Galloway, our scrap car hauler is now available! We receive requests for junk car quotes from those in Hamilton, Reynoldsburg, and Montgomery, with free scrap car removal. There is no excuse for the residents of Mifflin, New Rome, or Lake Darby not to sell an old car to us. The time has arrived in the regions of Whitehall, Worthington, and Lockbourne, to get rid of that totaled car. Were you aware that automobile liquid wastes must be kept from contaminating the local environment?