A recent study from IHS Markit showed that, despite a growing number of older vehicles on the road, the scrappage rate went up last year. In 2019, the scrappage rate was 5.1%, compared to 4.6% in 2016 and 4.2% in 2009.
Key Points
IHS: 84 Million Older Cars Will Still Be on the Road in Three Years
An article from 24/7 Wall St. reported that, based on research from IHS Markit, people who drive older cars now will continue to drive them in the next few years. IHS predicts that, from 2018 to 2023, there will be an increase of 22% in the number of 16-year-old cars on the road. This means, in three years, 84 million older cars will still be driven, compared to 35 million in 2002. Rather than driving around an older car, call Gershow Recycling to sell it.
What You May Not Know about Auto Recycling
You may know that, by bringing your junk car to Gershow, you preserve the environment because you are taking off the road a vehicle that uses too much fuel and emits a disproportionate amount of carbon monoxide into the air. But did you know these facts?
3 Key Tips When Selling Your Cars For Cash
It’s important to plan out a strategy when selling your old car for cash. First, research a few different cars for cash businesses and check customer reviews and satisfaction ratings. Ratings should always matter when coming to your first decision to click on a homepage. Google reviews offer great insight and are a reliable source to find out what people really think of the services they received. Local guides as seen below, write reviews often and justify the services provided.
