
7 Compelling Reasons to Scrap Your Car
November 29, 2024When your car reaches the end of its life, it still holds value – even if it’s just being scrapped. However, knowing how to maximize the amount of money you get for it is essential. Here are five tips that will help you secure the best deal when scrapping your car.
1. Research Early in the Month
Many scrap car dealers reduce their prices at the end of the month to manage their workload. As they approach full bookings, they lower prices to attract fewer customers. To get the best deal, start your research at the beginning of the month when dealers are more competitive and willing to offer higher quotes.
2. Leave the Car Intact
While it may be tempting to remove parts and sell them separately, doing so can lower the overall value of the car and may even deter some scrap dealers from taking it. Most scrappers base their price on the weight of the car, so leaving the car intact will ensure you get the best price.
3. Choose a Reputable Scrap Firm That Guarantees Prices
Don’t settle for the first company you find. Take your time to shop around and select a reputable scrap car dealer. Look for one that guarantees the price they quote upfront. Make sure you provide a detailed description of your car so that the price you’re quoted is accurate, and avoid haggling later.
4. Claim Your Tax Refund
Before your car is collected by a scrapping company, make sure to contact the DVLA to claim any eligible tax refund. Doing this before the end of the month ensures you won’t miss out on a refund for the upcoming month.
5. Avoid Companies Offering the £25 Log Book Discount
Some companies may offer a £25 discount if you don’t have your log book (V5C), but this is an outdated practice. The DVLA does not require the log book for scrapping a car, so avoid companies that reduce their price for its absence. While some may refuse to pick up your car without it, this isn’t necessary and should be avoided.
By following these five tips, you can ensure that you get the best possible deal for your car when it’s time to scrap it.
1 Comment
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