Despite the poor outlook for scrap metal pricing and declining profit margins for scrap yards as we progress into the year; some within the industry are trying to shift priorities to shift this into an opportunity for their businesses. Some scrap yards are seeing this as an opportunity to gain a competitive advantage by focusing
Updated through first quarter 2015 Scrap metal market watch graph from first quarter 2011 to first quarter 2015. Over last quarter, scrap metal prices for crushed auto bodies declined 21.15%. Over Q1 2014, scrap metal prices for crushed auto bodies declined 34.96%. Over Q1 2013, scrap metal prices for crushed auto bodies declined 42.81%. Over
Scrap metal market watch graph from January 2012 to March 2015. Over last month, scrap metal prices for crushed auto bodies declined 31.39%. Over last year, scrap metal prices for crushed auto bodies declined 47.82%. Over two years ago, scrap metal prices for crushed auto bodies declined 53.83%.
On a month to month basis ARS monitors the sales performance of vehicles on the lower end of the value spectrum. The values tracked here are pre-loss Average Cash Values (ACVs) less than $3,000. In the above graph, ARS illustrates the monthly performance of our average wholesale auction results by value. This month we saw
Scrap metal market watch graph from January 2012 to February 2015. Over last month, scrap metal prices for crushed auto bodies declined 3.27%. Over last year, scrap metal prices for crushed auto bodies declined 27.65%. Over two years ago, scrap metal prices for crushed auto bodies declined 36.76%.
Scrap metal market watch graph from January 2012 to January 2015. Over last month, scrap metal prices for crushed auto bodies declined 1.81%. Over last year, scrap metal prices for crushed auto bodies declined 29.94%. Over two years ago, scrap metal prices for crushed auto bodies declined 38.76%.
Updated through fourth quarter 2014 Scrap metal market watch graph from first quarter 2011 to fourth quarter 2014. Over last quarter, scrap metal prices for crushed auto bodies declined 13%. Over Q4 2013, scrap metal prices for crushed auto bodies declined 25%. Over Q4 2012, scrap metal prices for crushed auto bodies declined 20%.
McLEAN, Va. — After falling for the third straight month in September, auction prices were expected to continue their downward trend last month. In September, wholesale prices of vehicles up to 8 years in age fell by 3.6 percent from August, according to NADA Used Car Guide’s October Guidelines report. This decline was well above
Scrap metal market watch graph from January 2014 to December 2014. Over last month, scrap metal prices for crushed auto bodies declined 15.02%. Over last year, scrap metal prices for crushed auto bodies declined 36.46%. Over two years ago, scrap metal prices for crushed auto bodies declined 38.74%.
LAS VEGAS – A drop in used-car prices doesn’t mean they’ll crash and burn, say automotive remarketing experts at a conference here. Chatter of a potential crisis in the pre-owned vehicle market is exaggerated, says Jonathan Banks, a senior analyst for the National Automobile Dealers Assn. “We’re talking about a soft landing, not a collapse