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25.02.2013 Billy Blog

Make Money From Your Old, Non-Runner

If your old car has recently been in an accident, is not roadworthy, or has problems that are more expensive to fix than the real value of the car; it is probably time to bite the bullet, put it out of its misery and send it to the great scrap yard in the sky.

In some areas, new regulations surrounding abandoned cars mean that it should be possible to get it towed away for free, saving you at least that extra cost. But before you call to get it taken away, it may be worth checking out some of the other options where you could actually recoup some money.

Selling your car for scrap

An increase in scrap metal value over the past few years means that you should be able to get enough money back to make it worth your while selling your car for scrap. The easiest way to do this is to contact your local licensed scrap yard.

The scrap industry has become fairly competitive recently, so it is worth shopping around to find the best price. It is also worth noting that the price you will receive will be greatly increased by taking the car to the scrap yard yourself, so if at all possible you should avoid getting it collected.

It is also worth preparing your car for scrap to get the best possible price. Any offer you get quoted will generally be on condition that the car is in an easily accessible location, complete, tidy and with a full set of keys.

Perhaps the most important thing is to make sure that you have all of the correct paperwork ready for collection with the car, including all your registration documents. When you hand the car over, make sure you get a receipt and also a certificate of destruction which will absolve you from any responsibility in the future