Buying Old Vehicles
Cash 4 Cars Akron is back with a story about a KY-based auto group that is aggressively buying old cars from the public. While most dealers primarily purchase vehicles on a trade-in basis in order to close the loop in the sales process, Swope Auto Group buys directly from the public.
Cash 4 Cars Akron:
- Offers cash for cars in any condition with damaged vehicle removal included
- Covers Summit County and beyond. You can junk a car in Ravenna, Wadsworth or Stow
- Same-day old car removal is available 6 days a week
- Sell your junk car quickly and easily—you simply need the title and photo ID.
On September 28, 2015 an article titled ‘Store buyers always on the hunt for used vehicles’ was posted on automotivenews.com by Arlena Sawyers with the following information: “Sam Swope Auto Group aims to buy virtually every private-party used vehicle it can find in its market. Buyers stationed at its Buy Center appraise & make cash offers from walk-in sellers and those by appointments made on selltosamswope.com. The buyers also comb online listings in search of vehicles. They make house calls to sellers’ homes or offices in SUVs wrapped with graphics such as ‘we pay cash for your car’.
When Buy Center staffers happen upon for-sale vehicles parked in public places, they scan the VIN, run a vehicle history report and leave an offer on the windshield. Cary Donovan, VP of operations, noted purchases have grown 25% over the last two and a half years. Half of the vehicles are wholesaled because they don’t meet the company’s retail standards. The effort to become the destination for consumers who want to sell their vehicles supplements the group’s used-car acquisition strategy and has evolved into a tidy profit center. We actually go to people’s homes & offices. The Buy Center’s written cash offers are redeemable for a check or a voucher that can be applied to a vehicle purchase at any of SSA’s 14 dealerships. Swope Automotive Group, retailed 10,853 new & 14,308 used vehicles in 2014.
Mr. Burnell King, the center’s purchasing manager, says the Sam Swope group started buying vehicles independent of its new and used vehicle sales more than a decade ago and used TV commercials for marketing. Last year, it embraced digital marketing in earnest, interacting with consumers on Craigslist and Facebook, which is less expensive and just as effective. The effort still is backed by some TV commercials. Sam Swope Auto also began making purchase offers via text messages. Their goal is to buy cars that the dealership can retail.
Donovan says that the will buy anything and pay a minimum of $200. Although a few of the vehicles sell at auction for less than paid, collectively, the prices at auction exceed the prices paid, so it yields a solid return for the group. If you get ten $200 cars, you’ll get a few winners and some will surprise you.” The full article is available at this link.
Here in Northeast Ohio the best option to sell your junk car and receive fast old car removal and damaged vehicle removal is with C4C. To junk a car in Ravenna, Cuyahoga Falls or the Rolling Acres area, simply contact our scrap car buyer 6 days a week @ (330) 271-6464. Many times we are contacted by auto owners with an older car that was just diagnosed with needing costly repairs. The vehicle may be currently at a Firestone Auto Center, a Conrad’s location, a Goodyear Auto Shop or transmission shop. In these cases the key decision centers on whether it is worth spending thousands to repair an older vehicle. We recommend that you consider whether to sell your junk car for scrap. We will handle the damaged vehicle removal and pay you cash. Our old car removal and vehicle scrap team are awaiting your call and even if you need to junk a car in Ravenna, Firestone Park or Mogadore, we can be out to tow it away for you.