Understandably, every end-of-life vehicle owner wants to get the most money possible for their scrap car. If doing the right thing with your vehicle, it’s natural to expect the best price in return.
While there’s nothing any of us can do to influence scrap metal values, there are steps that can be taken to ensure you get a fair and honest quotation. If planning on scrapping your vehicle of any kind in the near future, here’s what you need to do to ensure you get the best possible price:
1. Provide accurate information
First up, you need to be as accurate (and honest) as possible when arranging your initial quotation. If the quote is being provided by way of phone or email, it’s essential not to leave any key details out. If any of the information you provide is incomplete or inaccurate, it could affect or even invalidate the quote at a later stage in the process.
2. Leave your car as complete as possible
There are some items and accessories it’s definitely advisable to remove from your car, before sending it away for recycling. Examples of which include stereo systems, high quality speakers and various aftermarket interior bits and pieces. As for the rest, it’s better to leave your car as intact as possible before scrapping it. The quotation you are provided with will be based on your car in its conventional complete form. If there’s little left to collect other than the basic chassis, it could have an adverse effect on its value.
3. Check fees and costs
The vast majority of car scrapping and recycling specialists charge fees for the services they provide. Examples of which may include collection transportations fees, administration fees, processing fees and various commissions. At Take My Scrap Car, we’re one of the few that do everything for free. With us, the price you see is the price you receive – no costs incurred or deductions at any time. However demanding or urgent the disposal, it’s all on us!
4. Keep your eye on scrap values
If you’re not in any major rush, you can always keep your eye on scrap values and choose a time when they are relatively high. Of course, there’s no guarantee scrap prices will go up – they’re just as likely to go down, depending on market conditions. Still, if you’ve got an eye for such things and don’t mind taking chances, you could see how the scrap market performs for a while before sending your car off for recycling.
5. Claim your tax and insurance back
Last but not least, you are entitled to claim back any unused tax on your scrap car and should be able to claim back at least some of its remaining insurance. Contact your insurance provider the moment you take your car off the road, in order to discuss the options available. It is usually possible to arrange a refund of the unused insurance, or have it transferred to a different vehicle when taking out your next policy with the same provider.
For more information on the responsible way to scrap cars or to find out how much you end-of-life vehicle could be worth, contact a member of the team at Take My Scrap Car today.