If you have an unused scrap car in your garage, you may be wondering what to do with it. You may consider repairing it, but sometimes repair costs exceed the car’s market value. At this point, scrapping your vehicle could be the best option.
Scrapping is the most convenient way to deal with your old car and get rid of it for a good amount of money. But, before you do so, there are a few things you should keep in mind to ensure that you don’t run into any problems after scrapping your car.
1. Take Your Belongings With You
Sometimes, we leave our valuables in the car. We forget about them for weeks, if not months. So, before you scrap your car, make sure you remove all of your personal belongings from it. Also, thoroughly search the boot of the car in the back. In addition to belongings, ensure you remove any household rubbish from the vehicle.
2. Cancel Your Vehicle’s Insurance Policy
In the UK, you can scrap a car without a valid insurance policy. Scrap collectors will have their own insurance for collecting the vehicles, so the vehicle doesn’t need a valid policy. A customer can either cancel their policy before or after the vehicle is collected. A customer may wish to SORN their vehicle, which lets the DVLA know that the vehicle is not being driven. Refunds are likely, depending on how you pay for your insurance.
If someone pays for their insurance quarterly or annually, they may be entitled to some money back, but they should always check with their insurance provider to see if they are due any money back. The same applies to car tax, they can scrap without, and they may also be able to claim money back.
3. Remove the Licence Plates
You only need to remove the number plate if it’s a personalized plate. Failure to remove it will mean your private plate is scrapped along with the vehicle. You do not need to remove your number plate unless you want to keep it. To do this you will need to go to the government website to organize transferring the number plate over to another vehicle, or to get a Retention Document to hold the number plate.
4. Look For The Best Offers
Different dealers will present you with various deals. As a result, you mustn’t rush. Browse and compare different quotes to see how much you could get for your vehicle. To get an instant valuation, use our free, no-obligation quote tool.
5. Check to See if Your Dealer is Licensed
Without a license, scrap car dealers are not permitted to operate in many areas. It is illegal for them to conduct any transactions without a proper license. Without hesitation, ask for his license number and look it up online. This is useful if you are preparing to file a valid claim against your dealer if he fails to make a full payment.
6. Complete the Paperwork
Many dealers will not buy your car if it lacks legal documentation. All the buyers of Scrap Cars for Cash need to provide their photo ID and permission from the owner to scrap the car. If the vehicle does not belong to you, the owner’s permission will be a mandatory requirement. In such cases, you will need a V5C. You should consider all these important things before scrapping your car.