You might think that the recycling and car scrapping industry does not have rogue traders. However, it would be so wrong of you to think like that. Rogue trading is in fact quite common in the scrap metal industry and you will often encounter people who are simply interested in filling their pockets and nothing else.
You must tread very carefully in the car scrapping and recycling business if you want to avoid being conned by these rogue traders. Make sure that you remain as far away from them as possible. However, separating an honest trader from a rogue one might seem a little difficult for you.
The following are some useful tips that are going to help you in identifying a rogue trader quite easily:
Payment in Cash
The most obvious sign that you are dealing with a dodgy dealer is his preference for cash. Rogue dealers don’t believe in checks or any form of money that can be traced back to them. In fact, a rogue dealer would always want to buy scrap cars from you without providing any paperwork to you at all. Keep in mind that such dealers are in violation of the UK law which clearly states that all such transactions must be accompanied with the necessary paperwork. So, never deal with traders who want to pay you off without providing any paperwork.
Hidden Charges
A great tip for identifying rogue traders is to see if they have any hidden charges which were not communicated to you at the time of the negotiations. Most dodgy dealers try to scam their clients by quoting them a handsome offer for their car and then start deducting money in the name of hidden fee for haulage, collection and various other non-existent services. Thus, they make you feel as if you are being lucky when in fact you are being robbed blind. So, if you hear a quote that is too good to be true then it is best to avoid it as it would most likely be a scam.
Recycling Policies
Another simple way of spotting a rogue dealer is to have a look at its recycling policies. If they dealer is an authentic recycling service provider then it would be forthright with your regarding the policies and will give you the details of how your car is going to be processed after the completion of the transaction. Reputable dealers make sure that the cars are recycled as per EU legislation while the rogue ones just fix the car and resale them. Now, if the resold car is involved in a crime or something then it is the prior owner who will get into trouble for it. So, unless the dealer clarifies his recycling policies, don’t deal with them.
OTT Price Promises
A number of dodgy dealers make use of OTT price quotes to lure the clients. However, when you do go to them thinking that you will get a good price for your car, you end up getting paid a lot less. So, if there is a trader in the market who is offering a highly inflated price for your car then there is a strong chance that he is trying to scam you.