Scrapping Your Car? Here Are Some Reminders
The first, and one of the most important reminders, don’t forget to get to cash in your road fund license when you scrap the car. Sometimes one is focused on the payment from the scrap dealer that the insurance and road fund is forgotten. However, UK laws allow you to cash them so take advantage of it. Aside from that, there are other things you need to consider.
How Much is the Car Worth?
There are many factors that determine the value of a car that’s bound to be scrapped, but the simplest way to find out is to go online and get price quotes or call your local scrap dealers. This is also the easiest and most profitable way to dispose of your car. Just call as many dealers as you want and sell to the one with the highest offer.
Find Out Which Parts are working.
If you want to make more money, you need to determine which parts are still working. Remove all the working parts and sell them separately to car owners for decent prices. This will take time, but if you do the numbers, you’ll see that selling the parts separately and scrapping the metal frame translates to more money. Once you’ve removed all the working parts you should have the remaining components scrapped along with the car chassis.
Preparing the vehicle.
Before you have the vehicle collected, remove any rubbish inside it. Cleaning the car isn’t required by treatment facilities, but it’s something you should do because a clean vehicle can fetch a little more. Second, don’t hesitate to negotiate over the price. You may have gotten a quote over the phone, but it’s perfectly all right to do a bit of haggling.
Trademarks of a Good Scrap Car Dealer.
A good dealer is someone who provides excellent customer service, fair price quotes and offers all the documentation necessary to complete the transfer of ownership. The easiest way to find a good dealer is to get recommendations from friends who have used these services before. If that’s impossible, you should go online and read company reviews; If the reviews are positive, you can feel confident about using their service and not worry about lack of payment.
Know the Rules.
The UK no longer allows cash payment for scrap cars, so the legitimate treatment centres will pay you by cheque or bank transfer. Any facility that offers to pay cash is being run illegally and should be avoided no matter how much they’re offering. Since these facilities don’t have any licence, they won’t be able to issue a CoD, which the law requires.
And again, don’t forget to get to cash in your road fund license when you scrap the car. If the treatment facility is legit, they’ll probably remind you of this, but others might not. Anyway, as a car owner, you should be aware of this, so attend to it after your car has been scrapped.