07 May How to Scrap Your Car for Money?
It’s a sad reality, but most cars on the road are destined for trash. After years of patching and repairs, there comes a time when the cost of keeping a car on the road is more than it’s worth, and shipping it to the scrap car remains the only viable option.
As long as you choose a reputable scrap car, the process is straightforward and you don’t have to be there when your beloved car meets its manufacturer.
However, there are certain things you should know before deciding to abandon your car. In this guide, we take a closer look at the in and out of car scrapping, from the laws that govern vehicle recycling to how scrap cars calculate the price they pay for their scrap metal and plastic.
How Much Cash can we Expect when Disposing of a Car?
It is easy to assume that two tons of metal, plastic, and mechanical components would fetch a decent price in a scrap car, but this is not the case. Because the value of scrap metal fluctuates in line with the global price of recycled aluminum, copper, and steel, the price you can expect at the scrap car depends on how the market is working at the time.
Get lucky and your car could get a decent price for your junk parts; This is normally during a period when materials are scarce. However, the weather is bad, and some dealers may even try to charge you for the cost of taking the car out of your hands, which may seem like a real slap in the face after years of happy motoring.
While this may seem like a bitter pill to swallow, the reality is that two million cars are scrapped in the UK every year, leading to a surplus of materials and a drop in demand. What’s more, as the quantity of vehicles out and about keeps on developing at a monstrous rate (a normal of 600,000 every year), scrap cars will likewise get busier, implying that garbage costs are probably not going to increment.
Of course, there is more to car scrapping than these global metal valuations, and dealers will take other things into account when calculating how much is owed to you.
Bear in mind that all prices are based on the tone-weight of your vehicle, so you’ll always get more when trading in a 4X4 over a compact city car. If your vehicle’s in a better than average condition, you can expect around £30-£250 relying upon its weight and the wellbeing of the piece advertise. On the off chance that it’s giving indications of its age (rust, imprints, scratches and so forth.) you could be offered as low as £0 for the vendor to get it from you.
What should we Keep in Mind when Finding a Reputable Scrap Dealer?
While there are thousands of reputable junk dealers like Cash Cars Buyer “cashcarsbuyer.com” who will recycle your car responsibly through the right channels, others are less scrupulous. If you want to avoid a fine and make sure your old car is properly recycled, it is important to do your research and find a scrap car registered as an Authorized Treatment Center.
The first thing to do when looking at scrap cars is to verify that they are ATF licensed. Recycling your car anywhere else is a criminal offense that could result in a fine.
How can we Get the Best Price when Disposing of Car?
If you want to get the most out of your car, there are a few things you can do to ensure the best scrapping price. Here are our suggestions for finding a good deal:
Get quotes from at least three scrap car dealers – unless you want to get rid of quickly, never settle for the first scrap car you find. Instead, get quotes from a selection of different dealers, and don’t be afraid to haggle over the price pitting one against the other. You will soon find a reasonable stadium and know if someone is taking you for a ride.
There are many online resources that can help you compare, track, and find the best scrap prices, including Cash Cars Buyer, which even tells you where in the country is the best place to dispose of your car.
Consider dismantling your car for parts – if you know the cars and have time on your side, it may be worth dismantling your old car to sell individual components as spare parts. Selling parts could bring more money than scrapping the entire car, but if you take this route, you need to know what you’re doing and be prepared to go far.
The key conclusion when it comes to getting the best scrap price for your car is to research, get to know the market, and be prepared to haggle if a dealer is trying to cut the price.