Knowing when to scrap you car needs to be the right decision and is usually made when the cost of repairs outweighs the value of the car. Scrapping mostly comes to mind when our car has seriously failed the MoT, a major fault occurs, the car breaks down, or is involved in an accident.
Law changes when scrapping your car
Over the years scrapping procedures have changed. During 2055 the EU End of Life Directive brought in a recycling goal of 85 per cent of all vehicles. Furthermore, once we had to pay to scrap our cars, but now that has been abolished due to the increase in the scrap metal value.
When a car has no longer become useful, the law states that if you scrap the vehicle you must receive an end of life certificate/certificate of destruction given by an Authorised Treatment Facility (AFT). You can find a list of AFT approved scrapyards here. You can select an area to find lists of breakers that you can contact to arrange collection. You should be offered anywhere in the region of £100 - £300 cash on collection.
Alternatively, you can enter your postcode here to find local breakers who can collect your car.
Scrapping your car has never been easier with these types of schemes. They will take the stress out of scrapping and do everything for you. They will even provide you with the Certificate of Destruction (CoD), this is an important document to prove your car has been scrapped. Furthermore, the CoD proves you will no longer be liable for any future responsibility of the car.
Forget about trawling the internet to find the best quote, with the above link this is done for you as well. All you have to do is add your details and make your scrapyard choice. The quotes give you the option to take your car to the scrapyard, or have it picked up. The price differences are nominal so the question to ask yourself is, how much would your return journey home cost without a car?
Scrapping your car the lone-ranger way
Scrapping your car yourself is not a difficult task, but it is time consuming. Subsequently, if you do not have the time to trawl the internet and sort the paperwork out, then your best plan of action is to use a scheme that will find you an AFT approved scrapyard.
If you find yourself trawling the internet or yellow pages for local scrapyard companies, you will need to make contact with the scrapyard to find the best deal. Haggling for a good quote is a must, it could mean the difference between hundreds of pounds depending on your vehicle. TIP: Remember that if you are given a price from a breaker on the phone and you are happy with it then hold them to it. They may try and reduce the price when they arrive at the vehicle, or you get to the yard in order to boost their profit margins.
Avoid unrealistic price quotes when haggling on the telephone. Often, when you arrive at the yard, they will offer you a price drop for scrapping your car with them.
Sorting out the paperwork for scrapping your car is the next step. You will need to produce your V5 document and make sure they are offering the Certificate of Destruction (CoD). The CoD is not always given to you immediately as it can take at least one week to arrive through the post.
If your time is not limited and you have a little knowledge about cars, some motorists opt for selling parts of their car on eBay. Sometimes, people can make more money this way in contrast to scrapping their car.
Valuable parts that are salable include the tyres, battery, sunroof, headliner, engine, alloys, seats, radio, steering wheel, transmission, brakes and lots more. These parts are not classed as metal, they are otherwise known as salvageable and profitable car parts. Store them carefully to resell then contact a scrapyard to pick up the leftover metal. Again, you can haggle for a good quote even for the metal to be taken away.