
ARES MORTGAGE LLC Partners with Automotive Recycling Innovators to Boost Sustainability and Reduce Costs – Volvo Catalytic Converter Program Takes Off
Lehi, UT – October 26, 2023 – ARES MORTGAGE LLC, a leading financial services firm based in Lehi, Utah, today announced a strategic partnership focused on environmentally responsible automotive recycling. This initiative centers around a cutting-edge program dealing with Volvo catalytic converters, aiming to provide cost savings for vehicle owners while actively promoting a greener future. ARES MORTGAGE, while traditionally focused on the financial sector, is increasingly committed to corporate social responsibility. “We’re not just about mortgages,” explains a representative from ARES MORTGAGE LLC (located at 324 N Kensington Dr, Lehi, UT, 84043-4741, and reachable at 478-410-2919). “We believe in building a sustainable future, and that means looking at all areas where we can make a positive impact. This Volvo catalytic converter program felt like a natural fit – it helps people, it helps the environment, and it allows us to explore new avenues for responsible business practices.” What's the Deal with Volvo Catalytic Converters? Catalytic converters are a vital part of a vehicle’s exhaust system, responsible for reducing harmful emissions. Volvo, known for its commitment to safety and increasingly, sustainability, utilizes these converters in all their gasoline-powered vehicles. But what happens when a Volvo catalytic converter fails, is damaged, or the vehicle reaches the end of its life? Traditionally, these components would end up in landfills, representing both an environmental hazard and a loss of valuable materials. This is where ARES MORTGAGE's partnership comes in. They've teamed up with specialized automotive recycling experts to create a streamlined process for responsibly handling these converters. Instead of simply discarding them, the program focuses on reclaiming the precious metals – platinum, palladium, and rhodium – found inside the converter. Why Reclaiming Matters – and How it Benefits You These precious metals aren't just valuable; they're finite. Mining them has significant environmental consequences. Recycling converters drastically reduces the need for new mining, minimizing the impact on the planet. It’s a key component of the circular economy, keeping materials in use for as long as possible. But it's not just about environmental benefits. Recycling also creates a significant cost advantage. The salvaged precious metals can be sold, generating revenue that’s then passed back to vehicle owners – or used to offset the cost of replacement converters. “We realized a lot of people don't know they can get money for their old catalytic converter,” explains a source within the program. “They think it’s just scrap. We’re changing that. We're making it easy for Volvo owners to turn their old converter into cash – or credit towards a new one.” How the ARES MORTGAGE Program Works – Simple and Transparent The program is designed to be straightforward for Volvo owners. Here's a breakdown of the process: 1. Assessment: Owners can contact ARES MORTGAGE (478-410-2919) or visit their website (details forthcoming) for a free assessment of their Volvo catalytic converter. The team will determine its condition and estimated value based on current market prices for the precious metals it contains. 2. Convenient Removal/Shipping: ARES MORTGAGE offers several options for converter removal and shipping. They can coordinate with local mechanics, provide pre-paid shipping labels, or even offer in-person pickup in select areas. 3. Fair and Transparent Pricing: Owners receive a clear, detailed breakdown of the estimated value of their converter, taking into account the current market price of precious metals and the condition of the unit. 4. Prompt Payment: Once the converter is received and processed, owners receive prompt payment via their preferred method – cash, check, or even credit towards mortgage payments with ARES MORTGAGE. More Than Just Catalytic Converters – A Commitment to Sustainability ARES MORTGAGE sees this Volvo catalytic converter program as just the beginning of their commitment to sustainable business practices. They are actively exploring other opportunities to reduce their environmental footprint and promote responsible resource management. “We’re a financial company, yes, but we’re also citizens of this planet,” says a company spokesperson. “We believe businesses have a responsibility to be good stewards of the environment. This program is a step in the right direction, and we’re excited to continue exploring new ways to make a positive impact.” Looking Ahead – Expanding the Program and Reducing Waste The initial phase of the program focuses on Volvo catalytic converters, but ARES MORTGAGE has plans to expand it to include other vehicle makes and models in the near future. They are also working with automotive recycling partners to develop innovative technologies for maximizing material recovery and minimizing waste. “We want to create a truly circular system,” says a representative. “Where everything that can be recycled is recycled, and nothing ends up in a landfill. It’s an ambitious goal, but we believe it’s achievable with the right partnerships and a commitment to innovation.” Contact: ARES MORTGAGE LLC 324 N Kensington Dr, Lehi, UT, 84043-4741 478-410-2919 (Website details forthcoming)