When the fixing cost of a car is more than its actual worth, it’s an indication that it should be under the hammer. Seeing your car under the crusher is disheartening, but when you get a good scrap value of a car, the pain becomes mild to moderate. It’s emotional for the owner to say goodbye to their beloved vehicle that he might have been using for over a decade or two. Indeed, there are too many sweet memories attached to the car.
When there is a lot to process, and you don’t even get a reasonable car scrap value, it’s the worst scenario. However, you have to bid farewell to your favorite vehicle since it’s not worth the road, or you might get fined. Do you also plan on scrapping your car? Are you getting the correct value for a scrap car?
Keep reading this comprehensive guide If you are blank about car scrapping, current scrap car prices in the UK, or getting the best car scrap value.
Expert Tips For Car Scrapping in UK
With numerous options for car scrapping across the nation, finding the right choice and getting the best car scrap value could be challenging. So, here are our expert tips for you; go through them without any due.
Find a Way To Scrap Online
Nowadays, you do not have to wander around to get information on any topic. Instead, with the use of smart gadgets and the internet, you can learn or find details of anything. You can find a lot of choices in one click; some websites offer you an option to donate your vehicle. And this is what you have to do while scrapping your car.
It might not be your cup of tea since your goal is maximum financial gain. For the best car scrap value, you need a website that simplifies the car scrapping process for the users, such as car.co.uk. You can also connect with car manufacturers since they want their vehicles to be scrapped correctly; they have link-ups with certified car scrapping providers.
Choose the Right Place for Car Scrapping
Find Authorized Treatment Facilities (ATFs) that have the license to dispose of the scrap cars. It is hard to swallow, but only some recycling facilities are certified and registered with the concerned authorities. Those certified treatment facilities can deal with a car’s hazardous parts, including batteries and oil.
So, ensure you hand over your loved car to a scrap center having the authority to destroy any vehicle or is licensed by ATF to get the best car scrap value. Only those scrap centers can issue a Certificate of Destruction (CoD). Also, scrapping your car anywhere is an offense, and you may have to face severe consequences for doing so.
Remember to Notify the DVLA
Completing the relevant paperwork and notifying the DVLA about your car being scrapped is necessary. It would be best to inform them unless you want to pay road tax even after passing your vehicle. To scrap your car, you must have V5C; if you don’t have it, no worries. You can get a new V5C for £25.
However, if you are willing to sell your car without getting a new V5C, you must mail a letter to DVLA informing them of the sale. In general, the letter includes the registration number of your vehicle, make and model, the exact date when you sold it, and the name & address of the scrapyard or insurance company.
Be Wary of Scam Artists
Yes, you heard it right; on the internet, you might find some websites that may look legitimate but are not. They may scam you by offering generously higher cash than other legitimate companies. On some of those scam websites, a few links may not work, and certificates of the collection can misrepresent CoD.
Some notorious people there might try their best to gain your trust by offering advice. However, they do all those things to get you to give up your vehicle for free. So, don’t get scammed, be cautious!
Dismantling Your Vehicle is not a Good Choice
Some scrap yards avoid taking partially dismantled vehicles. Some say that the sum of parts of your scrap car would be more than the whole; however, it is somehow invalid. If you find any mechanic or an individual advising you to disassemble the parts of your vehicle and sell them separately, they might want you to get into trouble.
It is best to hand over your beloved vehicle to a licensed scrap center and let them do the rest!
Accepting Car Scrap Value in Cash is Illegal
In England and Wales, it’s illegal to accept cash for your scrap car as per Scrap Metal Dealer’s Act (2013). So, be doubtful of anyone offering you to do the same. Also, the same act requires you to show the ID and address proof if taking your vehicle to scrap merchants.
In addition, the scrap merchants must make a copy of the same and maintain records for at least three years. So, if you’re anxious about your private information, you must choose a legit agent. Moreover, be informed that some scrap centers store electronic copies of customers’ IDs using the same encryption used by banks.
Your Car Scrap Value
If you choose the right place to scrap your vehicle, do not dismantle it on your own, and do not accept cash, you get a reasonable car scrap value. Since the scrap metal price fluctuates, it is difficult for anyone to determine the best car scrap value.
However, you can leverage some free car valuation tools online. Those free tools can help you get a rough idea of how much you can get for your scrap car.
Final Verdict
Getting a few hundred bucks for the vehicle you bought years ago for thousands of dollars or millions seems too unfair. However, there is nothing wrong with your car; it’s all about how you are scrapping it.
It would be best if you connect with a legit and authorized scrapyard to get the best scrap prices for cars in the UK. Some websites like car.co.uk offer high-quality car scrapping services to its customers, offer reasonable prices, and even collect the car from home.
Hopefully, after going through this guide, you will scrap your car successfully and get the best value for your scrap car.
This article was originally published on Medium.com: How to Get the Best Scrap Value of Your Car? - A Comprehensive Guide
