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Cash for Cars – Steel vs. Aluminum & Plastics in Car Industry

August 10, 2015 by carmark

cash for cars

At CarMark Hawaii, our business is buying used cars for cash in Honolulu. Because we’ve been in this business for more than a quarter of a century, we know a lot about the automotive industry – such as the fact that for decades, vehicles have been constructed of steel for the most part. Now, steelmakers are having a tough time staying in front in the auto industry, thanks to the rise of aluminum and plastics according to The Wall Street Journal.

An article this past week revealed that an auto industry conference held in Traverse City, Michigan was well-attended by executives from steel companies including U.S. Steel Corp. Executives had a core message they wanted to deliver to anyone who would listen: That steel is the material of choice over aluminum and plastics in regards to reducing the weight of vehicles in a way that is affordable. Vehicle manufacturers have a deadline to meet in 2025, when emissions standards change and cars will need to be lighter in order to meet those standards.

Auto shows and industry conferences have been well-attended by steel advocates, particularly since Ford Motor Co. transitioned the body panels of the F-150 pickup to aluminum. This was the biggest hit for the steel industry, which has long been provided huge revenues by the auto industry.

While aluminum is significantly lighter weight than steel, steel is far cheaper than aluminum – about 1/3 the price, according to the article. With only a decade to go until the 2025 deadline, only time will tell whether the majority of automakers go with steel, aluminum, or plastics.

Have a used car, truck, or SUV you would like to sell for cash? At CarMark Hawaii, we cater to military personnel in Honolulu who are being deployed or relocated, and anyone else who simply wants cash for cars that they no longer need or use. The requirements are simple, and you could walk away with cash today! Give us a call or come by.

Filed Under: Cash For Cars Honolulu

VEHICLE QUALIFICATIONS

Here are the basic qualifications to sell:
  • Must be 2011 or newer
  • Has no structural frame damage
  • Is not a Salvage Title
  • All vehicles are subject to inspection
  • Restrictions apply

HIGHLIGHTS

Some Features of Our Program:
  • We Pay You on the spot for vehicles with a clear title
  • We Pay-Off Bank Loans
  • We Buy All Makes/Models
  • Fast/Safe/Convenient
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WHAT TO BRING WITH YOU

  • Your car's title or payoff information—all titleholders should plan to be present. (If any person listed on the title cannot make it, please call us at 808-375-1488
  • Valid current registration to confirm ownership.
  • Valid state-issued photo ID for all titleholders.
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808-375-1488

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