If it’s time to scrap your vehicle then you’ll probably want to make some money from it, especially if the vehicle cost a lot to buy at the beginning. All cars reach their final day at some point, so it’s a good idea to be prepared and know how much you’ll get for scrapping your vehicle, and decide whether it makes more sense to scrap or sell the car to gain as much profit as possible.
At Car.co.uk, you can find a scrap yard close to you in the UK by using our online tool to locate your closest centre. All of the centres on our list are government approved Authorised Treatment Facilities, therefore you will not be scammed or be a victim of any form of criminal or fraudulent activity. These centres will be able to give you the best price possible for scrapping your old vehicle.
Can some brands be worth more than others?
The make and model of your car be one of the deciding factors as to how much you get for scrapping your car. The more expensive the car was originally then chances are you will receive more money for scrapping it. For example, you would get more money for scrapping a BMW 5 series than you probably would a Peugeot 206. However, this isn’t the only factor that contributes to the value of a scrapped car. The age of the car has a big effect on how much money you will receive for scrapping it. Naturally, you will receive more money for scrapping a newer vehicle than an old one, simply because it is worth more money, no matter what the make and model.
The biggest factor that contributes to the scrap value is the weight of the vehicle. The reason is simple, the more the car weighs means the more metal there is and therefore more to scrap. Basically, the heavier the vehicle the higher the scrap value. This is why even older models of large cars such as Land Rover can raise a lot of money through scrap, as opposed to more prestigious brands such as Audi, although the car may be more expensive to purchase, there is a lot less metal to scrap.
Obviously, there are always exceptions to the rule, and there will be many cases where there are a variety of different factors that contribute to the value of a scrapped car. Most of the time, whether you have an expensive car or not, the price difference is only a few hundred pounds when it comes to scrappage value.
Should I scrap parts of my expensive car?
There is also the possibility to sell off individual parts of the car in order to make money from your old vehicle. If you own a vehicle with expensive parts then there will be mechanics and people willing to buy the parts in order to save themselves money repairing their vehicle with new parts. However, this could have a detrimental effect on the value of the vehicle if you want to scrap the rest of it. Even if you only sell a small part of the vehicle, the scrappage value can still take a hit. And what’s worse is that the amount taken off the scrap value for removing a part can outweigh the amount you sold the individual piece for. Therefore, we recommend that you scrap the whole vehicle in order to maximise the amount of money you’ll receive when getting rid of your old car.