Scrap Car Prices - Follow these 5 Steps
Anyone who tells you End of Life Vehicles (ELVs) aren’t worth a penny just aren’t being truthful. Every ELV is worth something, even if it’s only the scrap value. So, here are 5 tips on how to get every last bit of value on your flat-lined Fiat or rusty old Renault and ensure the best scrap car prices…
Easy! By following these 5 steps to getting the best possible price when scrapping your car.
1. Research Early in the Month
Many scrap dealers will reduce their prices towards the end of the month as they try to manage their workload at this busy time (the end of the month is always the busiest time for scrap dealers). They reduce their scrap car prices, making them temporarily less competitive which helps them not become too busy and overwhelmed.
If you do your research early in the month, you’ll get a guaranteed quote at the highest rate possible.
2. Don’t Remove Any Parts
The easiest way to lower your vehicles value? Start taking parts from it. This not only means the value plummets, but it can also put a lot of companies off buying your car. Removing parts like tyres and wheels would make it much more difficult for a company to collect your car as it’s pretty difficult loading a car without wheels onto a recovery vehicle! The more parts that remain on your ELV, the more it’ll be worth to a dealer.
3. Work With a Reputable Dealer Who Offers A Guaranteed Price
Imagine agreeing a price for your ELV and then having to haggle with a member of staff when they come to collect your car? Nightmare! But, unfortunately, this type of thing is common in the industry and still occurs with some companies. That’s why it’s best to find a price you’re happy with, ensure it is guaranteed and that you’ve described the condition of your car as honestly and accurately as possible.
At Remove My Car, we were one of the very first companies who offered guaranteed prices that we actually stuck to. We understand that people don’t want the stress of haggling over prices and that many find it off-putting and often very intimidating, so we simply won’t do it. As long as the description we were given is accurate, we’ll give you the price that was agreed with no arguments, no fuss and absolutely no haggling.
4. Cash In on your Vehicle Tax
Did you know you can claim back your road tax you’ve paid on your vehicle? You must notify the DVLA that you no longer have the car and they will then cancel your vehicle tax and you’ll automatically get a refund cheque for any full months left on your vehicle tax.
The refund is calculated from the date the DVLA gets your information, so be sure to send it in quickly!
5. Don’t Fall for the £25 Log Book Trick
Some scrappage companies will try to reduce their price by £25 if you tell them you don’t have your V5C or log book. Don’t fall for this! This trick is well known and you can find out more about it here: Sneaky Tricks of the Scrap Car Industry.
The DVLA don’t require the log book for scrapped cars. At Remove My Car, we’ll collect your ELV without a log book and will never try to knock £25 off the guaranteed price.