Car accidents are never a welcome experience. Aside from any injuries you may suffer, they can hurt your wallet and cost you valuable time having to deal with insurance claims. If you’re unlucky enough to be in a bad accident, it’s even worse. Now, you also have to find an alternate mode of transportation.
As if all of that wasn’t bad enough, it’s not uncommon for an insurance claim to come back letting you know that your car would cost more to fix than it’s worth and they’re considering it a total loss. Now you have to find a new car and figure out what to do with the old one.
Sell that Junk Car for Money
The bad news is that you have a disabled and unusable vehicle. The good news is that you’ll be able to make a little bit of money of that large hunk of junk. Even if the insurance company declares your car a “write off,” it doesn’t mean that you can’t get a little bit of money out of it. That’s where selling your old car for scrap comes into play.
Selling your car for scrap after an accident is one of the easiest ways to get rid of a mangled, undriveable car. For the most part, you just need to type “scrap my car” into any search engine and you’ll have pages full of companies willing to pay you to take your car off your hands.
How it Works
Every company works slightly different, but in general, all you need to do is go the car scrapper’s website and enter your vehicle information. Most will give you a quote instantly. Some companies may not have an online form, so you’ll need to call them and they’ll give you a quote over the phone.
Since your car isn’t operational, you will want to deal with a scrap company that will pick your car up at your house, otherwise you’ll need to figure out how to get the car to them. That costs time and money better spent finding a new car. Call around to a few of the companies and select the one who will pick up the vehicle and gives you the best price.
Things to Know
The vast majority of scrap dealers are honest hard-working people, but occasionally you’ll come across a rotten egg. Luckily, they’re easy to spot these days. The biggest thing you need to look out for is dealers who offer to pay you in cash. That’s a big no-no in the UK.
Since 2013, metal scrappers have been banned from paying for scrap metal with cash. The only legitimate ways of payment are via cheque or bank transfer. These requirements were put into place to help better regulate the industry. The EU has very specific guidelines dictating how End-of-Life vehicles must be disposed of. Every car scrapper is required to be licensed with the Local Authority and Environmental Agencies to help ensure they dispose of vehicles properly and keep accurate records.
If a scrapper offers to pay you in cash or doesn’t ask for valid identification, there is a good chance they aren’t registered. They may plan to resell your vehicle in another country. This is illegal, and it’s potentially dangerous for the person who ends up purchasing the car later. Lists of licensed scrappers are available to the public. When you sell your car for scrap, make sure it’s going to someone who will dispose of it properly.