Wednesday, September 19, 2012

How to Get a Few Dollars Out of Car Scrapping



If your car has been engaged in an accident and has been approved for scrapping you can dispose it off easily and probably make a few dollars out of it. If it is declared irreparable or is simply too expensive to repair it is the high time you took it to the scrap yard.  There are numerous ways you can adopt to ensure you get the full worth of your effort. Car scraping is big business today and depending on how you strategize you may end up paying for the scrap metal services or making some little cash to compensate for the inconveniences caused. Most of the strategies described however depend on the prevailing by-laws in the neighborhood.

Sell the whole
If you do not wish to have the scrap in your compound you can sell the vehicle as a whole package to the used car dealers. The price it will fetch depends on its current condition. If it only requires minor repairs and you do not have the heart to do, it will fetch a fairly good price. However it the repairs are major or it is beyond repair, your bargaining power is hard pressed; you might end up being at the mercy of the scrap dealer.

Selling in parts
Depending on the condition of the vehicle most of the parts can be resold. You can approach your local dealers or you can advertise online. There are numerous parts of the vehicle that are saleable and all that has to be done is to look for the right buyer. If the tires are of the right condition the can be sold, the rims also are marketable and can also be recycled. Even the body parts that are not working can be stripped and sold separately.

Rest of the scrap metals
A large portion of the vehicles body contains metal and each of these can be sold. All you have to do is to carry out the initial preparations to ensure that they are marketable. The most crucial one is to drain the vehicle of all fluids and leave it in a state that is environmental friendly. This is usually the first task undertaken by the scrap metal collection companies and if you can accomplish, they will be willing to pay you a good amount of money for it. You might not get what you could have gotten had the vehicle been in good condition but it will be enough for all the troubles.

You can donate
It is not always that you will wish to sell the car or the parts and there is no guarantee that you will get someone to buy it. Sometimes then it can be more fulfilling if you just decide to give it away, either in part or as a whole.


No comments:

Post a Comment