If you are looking for a quick and simple way to sell your car then the cash for clunkers program is best for you. Usually you will get $1,000 or more for your vehicle and the whole process will be done in about 24 to 48 hours. The program has no deadline and no limits. Irrespective of when you want to sign up for the program, it is completed in a jiffy and has no payout limits. The car removal Sydney company will offer free towing too, which means they will come to you, so you don’t have to worry about the transportation.
All about cash for clunkers program
For the unversed, let us talk a little about the program. The program’s origin date back to 2009, when it was started by the US government to save the automotive industry. This was just after the great recession. This initiative was launched to motivate customers to buy more new vehicles and take the old and more risky vehicles off the road. This was like a trade in facility, wherein you get $1,000 or more in cash in return for your old car and you can use this money to buy a new and a safer vehicle.
The program was a huge success in some areas and the government had to increase its funding two times due to the increased demand. However, some research also showed the not so bright aspects, wherein the program let to a short term increase in the purchases of new car but the buying reduced in the long run.
Cash for clunkers 2021 program
Cash for clunkers came to Australia too with the government confirming a trial program. In today’s times, customers have the option to buy electric cars or hybrid vehicles. This adds to the government’s agenda of going green. Even if you are not ready to switch to an electric vehicle you can still use Cash for Scrap Cars Sydney to get a good value on selling your old car.
Australia has the oldest fleet of cars with an average age of cars of about 9.7 years as per 2009. Though this feel from the average age of 10 in 2004, it is still higher than the average age of cars in other countries like US, Japan and the European Union.
The government is quite optimistic and anticipates that approximately 200,000 vehicles of older make than 1995 will be scrapped in this program.
If you have an old car that you wish to get rid of this scheme will be quite useful for you. You can do away with your old car and get some instant cash in return. This process will be much simpler than selling the vehicle on your own by posting ads and searching for buyers and it will also give you better rates than selling it to a dealership. With the cash that you get in return you can plan buying your dream car and end up shelling out a little less from your pocket than the actual cost.