Vehicle Auction in Canton
Vehicle Auction in Canton
The city of Canton, OH is going to auction off abandoned cars, trucks and such that were impounded. A report by Lori Monsewicz of the Canton Repository on September 19, 2014 outlines the city’s plan to sell a group of impounded and abandoned vehicles, including trucks on Saturday. “The city is putting a garbage truck and more than 100 vehicles from the impound lot on the auction block Saturday morning. Some vehicles that are sold work just fine. Most of the vehicles are impounded; people who own them felt the bill was higher than what the car was worth. They don’t bother to pay the bill to take the car back. The city has the title put in under a salvage title and then sells it off. For other vehicles, private citizens, contractor and representatives from other cities are often buyers; junk yards will buy them too. Other cities may be in the market for dump trucks, garbage trucks etc…”
What constitutes having a vehicle impounded in the city of Canton? Are most of these cars junk cars, scrap cars or wrecked? How were these vehicles slated for scrap vehicle removal? The city’s current laws help answer this “When any vehicle or “abandoned junk motor vehicle” as defined in Ohio R.C. 4513.63 is left on private property for more than 72 hours without the permission of the person having the right to the possession of the property except as provided in Chapter 355, or on a public street or other property open to the public for purposes of vehicular travel or parking, or upon or within the right of way of any road or highway, for forty-eight consecutive hours or longer, without notification to the PD of the reasons for leaving such vehicle in such place. Prior to disposal of an “abandoned junk motor vehicle” as defined in Ohio R.C. 4513.63, be photographed by a law enforcement officer”
Buyer of junk cars
Understanding the automotive recycling landscape is fairly easy. The junk motor vehicle market is strong because the frame and structure of most cars is comprised of either steel, aluminum or both. Both of these metals have value and require a great deal of energy to produce. The metals in a junk motor vehicle, even after a long life and subsequent scrap vehicle removal, require less energy and resources to reuse compared to creating new. A buyer of junk cars understands this as it relates to the metals and in a similar fashion in remarketing its items in either a used condition or in remanufactured capacity. If a buyer of junk cars monitors the value of the metals, he or she will have a good approximate estimate of the value when paying cash for a scrap car. Some vehicle owners become frustrated with the perception of “sinking money” into an older junk vehicle and will take cash for a scrap car that may only need a minor fix to have running (the exterior fair to poor in these instances). The scrap vehicle removal is an obvious cost to the buyer of junk cars, since they pay cash for a scrap car and incur fixed and variable costs in handling scrap vehicle removal including fuel, wages, scrap vehicle removal equipment and insurance. When receiving cash for a scrap car it is required (in many states) that the seller have the title and a valid ID.