If you are interested in scrapping your vehicle, it is important that you know about the process and what it entails.
The last thing you want to do is scrap your car without doing the necessary research, as you could end up losing money. Scrapping your car can give you a little bit of money to put towards a new vehicle, but there are a few things that you will need to learn.
Basic Scrapping Options
The first thing you will need to do is decide if you want to scrap your entire vehicle or just some of the parts. If you plan on getting another car and fixing it up, you could take certain parts for this purpose. It is important to keep in mind that you will most likely get more from scrapping your entire car, but it all depends on what you plan on doing. If you plan on taking out parts and then selling the car, you will be required to tell the DVLA that the vehicle is no longer being used.
Notifying the DVLA
Anyone who wants to scrap their car will need to formally notify the DVLA directly. You’ll have to find the 11-digit number from the VSC/3 in order to do this. When you take a look at the vehicle’s logbook, you’ll find that the number is in the yellow section at the very top. The scrap yard that you sell your car to will be able to fill in all of the required details in the logbook. After you have done this, you will need to send the logbook to the DVLA.
There are going to be certain legal requirements that you will have to fulfil when scrapping your car, so you don’t get into any trouble. You will need to find an Authorised Treatment Facility to scrap your vehicle, otherwise, it won’t be considered legal. The Environmental Agency issues ATF licenses, and you will need to ask for proof of certification when looking into these businesses.
When you find an ATF-certified scrapping business that agrees to take possession of your vehicle, you will receive a Certificate of Destruction or CoD. This certification will get to you in about a week if you are scrapping a regular car or light van. The CoD acts as proof that you have sold your vehicle to one of these businesses and that you are no longer responsible for it at all.
You should also keep in mind that you won’t be able to take cash for the car you want to scrap. The Scrap Metal Dealer’s Act made accepting cash payment for a scrapped car illegal. You will also be required to show photo ID and proof of your current address before you can sell your vehicle to one of these scrapping businesses.
When to Scrap Your Car
If you have a car that is broken down and no longer functions, it might be time to think about scrapping it. When it gets to the point where you are spending more money to repair your vehicle than it is worth, you might as well get what you can for it and buy another one. A lot of people just keep pouring money into their old cars instead of admitting defeat, but this is usually a huge mistake. Those who have a car with virtually no resale value will find that scrapping it is an excellent overall option.
Getting the Most for your Car
It is important that you get the most for the car you are interested in scrapping, so that you don’t end up getting ripped off at all. The best thing you can do is to look up scrap car prices online for your particular vehicle before giving it over to a certain place. When you visit scrapcarnetwork.org, you will be able to find a business in your area that can offer reasonable scrap car prices. The more time you take to look into these options, the better the deal you will end up getting.
Be Aware of Scams
When you are going about trying to get some money for your non-functional vehicle, you will need to be fully aware of the more common scams that people run. Some people purposely misrepresent CoD certificates, which can get you in big trouble. Other seemingly legitimate businesses offer ridiculously high cash amounts, but it’s all just a ploy. It is imperative that you avoid these scams so you don’t end up getting in trouble.
There are numerous considerations to make before you can scrap your vehicle. You will find a lot of businesses that can give you money for your car, but you don’t want to sell to just any of them. The more research you do, the better the deal you will get overall.