If you are currently interested in scraping your vehicle for cash then you are reading the right article. There are actually a few techniques that you could consider when it comes to getting cash for your junk car(s). Your situation might be that you somehow wrecked your car and it is way too pricey repairing it so you decided to just scrap it to make cash out of it. That is a great idea especially if you do not plan to keep it any longer.
But the question remains, how and where can I scrap my vehicle? Well you do not need to worry, continue to read on to find out the answers to your questions.
How can I scrap my vehicle for cash?
First things first, scrapping my vehicle for cash requires sorting out paper work for the car. This is one very important aspect. You will be needing the following paper work:
-V5 Registration Document
-Certification of Destruction (CoD): this is a DVLA certificate which verifies that you have gone through the proper process of recycling your car and releases you of responsibility from it in the future if something goes wrong
Where can I scrap my vehicle for cash?
Online Scrap Valuations
One of the easiest methods for car scraping is online scrap valuations. You can do research on these websites and they will offer you quotes based on the best price from scrapyards within your area. You can actually choose any area that you want, all you have to do is type in your post code and also your registration number and the website will give you a list of quotes.
Selling your car’s parts
If you want, you could also consider selling your car’s parts instead of the entire car. You could sell the battery, tires, side mirrors and other parts of it. You can negotiate with the scrap yard for a certain price that you are aiming for. But this option is better for those who know more about vehicles. The thing is, if you are not too knowledgeable about vehicles, you might get fooled by someone who knows more about cars and sell the parts for less than you can really get for it.
Prices will vary
You have to realize that companies will offer several prices and it really depends on who you are willing to sell your car to. Be smart during the entire process so that you do not get scammed and sell for a price that is too low for what you can really get for it. Go to a few companies to get an idea of different prices, once you have a few offers, you can then make your final decision.
Do your research
When it comes to making money from scraping your car, make sure that you do the proper research. Go to a legitimate scrap yard and make sure that they will be fair when doing business. Better yet, ask your family and friends if they know of any scrap yards or online scrap valuations. Just be smart in the entire process because your aim is to sell your car for a fair price.