Read More...
For owners of very old vehicles, “what happens when I scrap my car” is perhaps one of the most common questions asked, and understandably so. Many people who want to get rid of their vehicles tend to sell them as second-hand cars (oftentimes unsuccessfully), and not that many people are familiar with the car scrapping process.
Why Should I Scrap My Car?
There are many possible reasons why you may wish to scrap your car. For most people, the reason is essentially financial. It may be too expensive for you to maintain, and it may make more financial sense to buy a newer car. Your car may also be a hopeless case when it comes to passing the MOT test.
Scrapping a car is the next-best thing if you can’t sell it as a second-hand car. At least, you get money out of the deal, and your conscience can be assuaged by the fact that you are dealing with your old car in an environmentally safe manner.
Scrapping the car is much better than simply abandoning it. When you abandon your car, you could be charged by the police because doing so is a crime. You may even have to pay a fine for the act, which leaves you wondering why you didn’t just scrap your car immediately in the first place.
How Much Do I Get When I Scrap My Car?
For a lot of people, the most important thing is that they get the largest amount of money possible for their car. There are several factors, which may affect how much a scrap car company will pay for your vehicle and these factors include:
The current price of metal
The proximity of your vehicle to the nearest Authorised Treatment Facility
The price of fuel
The size and weight of the car
The age of the car
Whether or not there are special parts included in the car.
Whether or not the scrap car company will pick up the car, or if you deliver it to them.
The car can be driven (it has inflated tyres and the keys are available, etc.)
It is free from waste.
What Happens Once They’ve Taken My Car?
If you’ve been careful about choosing a properly certified scrap car company, when you turn over the car to their people, you will also have to show the V5 registration document. In return for the document, they should give you a receipt. It would be better if you have the keys to the vehicle. If not, then as long as it’s in running condition, they’ll find a way of starting it even without the keys.
Once they get your car to their licensed Authorised Treatment Facility, they will remove environmentally hazardous materials from your car. These materials include the tyres, batteries, and oil. All these can cause significant environmental damage if they are not properly disposed of. Once that is done, about 85% of the car’s metal will then be recycled. Afterwards, you will receive your official DVLA Certificate of Destruction.
Related Posts
-
Turn Your Scrap Gold Into Money
A highly valuable and precious metal, Gold has a lot of utilities other than
-
Cash For Gold
Do you have what it takes to transform carats into liquid assets? Gold dealers
-
Scrap Gold Buyers – An Overview
With the global financial crisis hovering over, people are looking for many ways to
-
Get The Best Price For Your Scrap Gold
The price of gold goes up when the demand for it is high. You
-
What is Scrap Gold? How To Fruitfully Market This Material
Most people are not conscious that one of the most engrossing areas of bullion
-
How to sell Scrap Gold to get the maximum benefit?
Gold is a precious metal and getting tremendous importance from ancient time. Gold purchase
-
Scrap Gold Buyers – An Overview
With the global financial crisis hovering over, people are looking for many ways to
-
Portland Gold Buyers Commodity
To sell gold to Portland gold buyers a person must understand how the system