Unless you are a market specialist, it is impossible to predict the perfect time to scrap your car because the value of scrap metal changes rapidly, sometimes even daily. The best approach is to get as many quotes as you can and select the most profitable one. It may be useful to scrap your car at an ATF close to where you are when you are having your car collected and want to maximise your reward. Therefore, the closer their position is to yours, the larger your reward will be. Scrap yards can pay out more in the first half of the month than the second. Prices tend to be less competitive to prevent the month-end increase in business, so if you can, book early for a better deal. To prevent unforeseen deductions and dissatisfaction with your final payment amount, always get a firm estimate from your preferred junk dealer.
If you're looking for information on how to sell a trash car, you've come to the correct spot. Here are some of the questions that people who wish to sell their cars frequently have answered. We have all the information you require, including instructions on what to do if you need to scrap a car but don't have the keys or the necessary documents. Our scrap my vehicle merchants also provide a superb service for recycling cars if you wish to scrap your car right away.
Selling an automobile could take longer than simply getting rid of it. Online, it takes only a few minutes to arrange for your car to be scrapped at an authorised treatment facility (ATF). The scrap yard might be able to take up your car in as little as a few days, depending on how busy they are. A "Certificate of Destruction" is the recognised document that certifies your car has been destroyed. This will be provided to you following the scrapping of your vehicle (COD). After your automobile has been removed for about a week, you will receive the certificate.
You must first gather your documents before selling your car. The ATF will require you to present a photo ID, documentation of your address, and your V5 logbook, if you have one. You should submit an application to keep your licence plate before selling your car. You must spend £80 to keep your licence plate. Next, give local ATFs a call and request prices. Choose a location to sell your car after comparing the offers they make. Try to choose one close to your home for the greatest pricing. Only an ATF can dispose of your old vehicle. So is illegal to do it anywhere, and you risk paying a high fine. You may also take advantage of our fantastic service on junk car dealers, where you can receive an immediate offer for your old car while being certain that it will be recycled by a reputable ATF. Once a guaranteed price has been reached, you can schedule the removal of your vehicle. Either bring your car to the ATF in person or arrange for them to come and pick it up. You should never drive an unsafe, uninsured, or improperly taxed vehicle to a scrap yard since doing so is illegal. Make sure you only accept checks or bank transfers as payment methods. Taking money in exchange for a junk car is against the law in England and Wales. The ATF will mail you a Certificate of Destruction within seven days of scraping. Give the ATF your V5 registration document if you have one. Send it to the DVLA while keeping the "Sell Transfer" area in yellow. Write to the DVLA and let them know that your automobile has been scrapped if you don't have your logbook. In addition to the make and model of your car, note your name, address, and phone number. Include the precise date the car was discarded, along with the name and address of the ATF office where your car was scrapped. You risk receiving a $1,000 fine if you fail to notify the DVLA that your vehicle has been scrapped. The DVLA might not accept your notification if any of the aforementioned details are missing. Before sending your information, make sure to double-check it.
You will always require photo identification, such as a current driver's licence or passport, and documentation of your address, such as a recent utility bill with your address on it, in order to dispose of your car. Copies of these records will be kept on file by the ATF for three years. These actions are required, according to the Scrap Metal Dealers Act of 2013. This law was designed to prevent people from breaching the law with cars and to deter dishonest scrap sellers from making transactions. A V5 registration document might reduce the amount of paperwork required when selling your car if you have a copy. You can still sell your automobile even if you don't have your logbook, but you'll need to notify the DVLA in writing. The ATF will provide you with a Certificate of Destruction to present to the DVLA after you've destroyed your old vehicle.
Even without the keys, you can still scrap a car, but you'll need to provide ownership documentation, and there can be additional fees. The ATF will need documentation that you are the automobile's owner if you can't find your car keys. Normally, you'd need to present your V5 registration paperwork, but if you've lost it as well, you'll need other forms of identification. You could require a bill of sale in your name for the car in certain circumstances. Keep in mind that the scrap dealer will incur additional expenses if you don't have your keys. This can result in you receiving less money for your used car. Your car will need to be winched onto a truck if it becomes stuck, which some smaller yards might not be able to perform. The junk dealer may need to break in if the automobile is locked in order to put it in neutral or align the wheels so they can be relocated. To compensate for the extra labour, the scrap dealer will deduct money from your final payment. If you cannot verify that you are the owner of the vehicle, the ATF may need to conduct an HPI vehicle history check, for which you will also be charged.
As a general rule, the bigger and heavier your car is, the more you can obtain for it when you trash it because a large portion of a car's worth is determined by its weight. You will most likely receive nearly twice as much in a large vehicle like a Land Rover as in a compact vehicle like a Ford Fiesta. The cost of an automobile depends on its age, brand, and model when you buy one. When you sell it for scrap, the same holds true. A model that is costly to purchase and maintain occasionally has a higher value after being recycled. Most of the time, you may receive less money for scrapping an older model than you would for scrapping a newer model. Rare metals like copper and brass, which are worth more than aluminium and steel, can be found in very ancient automobiles. Whether or not all of your car's components are there might also have an impact on its worth. Whether you sold the parts or kept them to fix another automobile, the ATF will maintain track. Your payment will decrease for each component the car is missing. You may have to pay more than £60 more for a large item like an engine.
Even if you do remove parts, there's no sure way of knowing you'll sell the components for a fair price. Your car will be worth more if it's complete than if it has parts missing. Vehicles that contain a full complement of original components usually command the highest value when scrapped.
It's a straightforward process, fortunately. If your V5C/V5C was issued after April 2019, you'll need to complete section 4 of the V5C log book form to let the DVLA know you've scrapped it.
When scrapping your vehicle, a logbook can be useful but it's not a must, so if you don't have one, it will mean more work for you. It is important to follow the correct procedure when you aren't in possession of a logbook. This will save you from fines for breaking the law and additional costs from scrap yards.
For scrapping your car, you will need the vehicle registration document or V5C, which is the vehicle logbook. By doing so, you prove that the car you are about to sell for scrap belongs to you, thus preventing the sale of an unauthorised vehicle.