Getting the Best Price When Scrapping a Car
So your trusty vehicle has sadly bitten the dust and failed the MOT or perhaps had a nasty accident. How do you get the best deal on scrapping your car? Here are some suggestions.
When a car needs to be scrapped one of the most important aspects is to ensure you get your paperwork in order. Only consider using an authorised treatment facility they will make sure that you receive a reasonable price and inform the DVLA that you are no longer the owner of the vehicle so that a certificate of destruction can be issued to you. You should receive this within a week or so of handing the car over. However depending on the condition of the car there are a few different options to help you maximise the money you can make.
1.Play the game
Phone a few local facilities and check out different companies online you might be surprised at the different quotes that you will be offered for scrapping a car. From nothing at all to perhaps a couple of hundred pounds depending on whether the car can be repaired and put back on the road quotes can vary widely. As mentioned make sure they are an authorised breaker who will provide you will the correct documentation and also be aware that certain less scrupulous organisations may try to barter on the original quote they offered you. Confirm on the phone a price and then hold firm when they arrive for the pick-up.
2.Break down some parts yourself
Arguably you can maximise your money for scrapping a car by taking out some parts of the car. Stripping out the battery, taking the tyres off and even removing the cat could all bump up your price as you can sell these parts individually and then the car separately. This is a great way to squeeze every last penny out of your car but probably only best for those with some knowledge of cars to start with.
3.Try your luck on an online auction site
With the rise of the online auction site some people chance their luck with selling their scrap car on them. If the car is an MOT failure or perhaps just now unused you can, depending on the condition be able to sell it online and maybe make a decent little sum. Note though that this isn’t actually scrapping but selling the vehicle on.
Not bothered for the money yourself?
If you need to scrap your car but you aren’t actually in need of the money yourself you could try one of the new charity scrapping web sites. There are a couple around now and they will collect the car from you and then the cash you would have received is donated to a charity of your choice from their list. The sites have a good list of charities for you to choose, from large national charities to smaller, regional ones. And, they offer a minimum scrap value too normally around 40.
AUTHOR BIO: Peter Philips is a freelance business consultant who has been writing for online motoring sites for the last 5 years, he works with Speedy Scrap Car and other organisations to ensure good business processes are maintained.
Category: Automotive, Family Finances
