Tips To Make Money From Your Scrap Car

Page 1

Tips To Make Money From Your Scrap Car


Sorting out the paperwork • The most significant portion of scrapping your car is sorting out the paperwork. When you hand over the car you'll necessitate producing the V5 registration file and must be given a receipt. • A Certificate of Destruction (CoD) should then be posted or emailed to you within a week.

• The CoD is a DVLA certificate which proves you've had the car recycled properly and absolves you of any future responsibility for it.

Tips To Make Money From Your Scrap Car


Online scrap valuations • The

easiest option for scrapping your car is to use a site such as www.nationalscrapcar.co.uk which offers you quotes based on the best price from local scrap yards. • The price offered by online sites are based on the car being in an accessible location, complete, free from waste, with inflated tyres and keys available. Tips To Make Money From Your Scrap Car


Before Selling Your Car parts •Some motorists prefer to sell off the most saleable parts such as tyres, battery and the like individually and then negotiate direct with the scrap yard for a price for the remainder so they can make more money overall.

•If you don't fall into this category then don't attempt it as you're unlikely to get a significantly better price than you would from selling the vehicle intact. •Also, beware of adverts offering unrealistically high amounts for your scrap car as generally, when you arrive at the scrap yard, the quote will drop dramatically.

Tips To Make Money From Your Scrap Car


The charitable option • Organisations such as Charity Car and Give A Car will collect your car, complete the necessary paperwork and donate the cash you would have received to a charity of your choice. •"It's a really easy way to give to charity," says Give A Car founder Tom Chance. •“We work with over 400 charities, from major ones such as Cancer Research UK to smaller and regional ones, so you'll be sure to find a cause that's close to your heart.”

Tips To Make Money From Your Scrap Car


Once your car has been scrapped and you have the CoD, you can claim a refund for any unused months of car insurance and road tax.

Don’t forget your refund

• Once your car has been scrapped and you have the CoD, you can claim a refund for any unused months of car insurance and road tax.

Tips To Make Money From Your Scrap Car


Contact BMS BMS Cars Ltd. Unit 2, Purchase Farm Easton Lane, Sidlesham, PO20 7NU Phone 01243 20 10 11

Email info@bms-cars.co.uk

Web http://www.bms-cars.co.uk/


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.