Where can I sell my junk car. The price for junk cars in Atlanta Georgia are currently @ 5 dollars a hundred lbs. But is about to go down to 4 dollars a hundred lbs which means that the demand for metal is low. 9/28/2019
Therefore the supply and demand will be cheap because the market is flooded right now. So the business will be moving slow and junk cars will be worthless.
Junk car buyers in Georgia will not be able to pay potential customers no more than 50$ to 100$ a car to remove them. So don’t be hesitant to part with your old clunker.
Because if your car broke down on you then surly it will be costly to get it fixed. Holding out to see if prices will go up are not guaranteed. Besides, it’s not for you to get rich from selling a junk car. It’s having a worthless car removed for junk and getting a little cash out the deal. Where can I sell my junk car.
Supply And Demand
One of the laws in economics focused on supply and demand in business. The law states that “when the demand for a product is high, its supply will equally be high and when the demand for the product is low, and the supply rate will be low.”
Unfortunately, the law of supply and demand does not fully apply to the junk car market.
The junk car market is so like the real estate market in the terms that the prices fluctuate daily and the market is quite unstable, volatile if we may.
Another similarity between the real estate market and the junk car market is that in their law of supply and demand, an amount is not directly dependent on demand as supply will continue regardless of the rate of application on the market.
Since supply is not directly dependent on demand, something else has to be. In the world of junk cars and real estate market, the prices of products are directly reliant on the market demand.
This is why we say that both these markets are unstable. There is no season or trend to follow when it comes to monitoring these markets.