Saying goodbye to a car is something that you will eventually have to face. Once it becomes clear that the car can no longer be used in any way, it is time to think of the best way to dispose of it. It is needless to mention that you can actually earn profit from taking certain steps, but the amount of money will definitely not match the initial value the car had once you bought it. Still, getting rid of the useless vehicle and being able to make some money in the process makes for quite a good deal. The only decision you have to make is whether you are going to sell it, or scrap it.
You could still try and sell it abroad
One of the main reasons you won’t be able to sell the car, is if it is too damaged to operate. If the car is still in a good condition, but your country obligates you to recycle it, you can still sell it abroad to someone who does not need to abide by those regulations. Alternatively, you may choose to recycle your car and get a compensation, corresponding to the value of the scrap metal that can be extracted from the car itself. While this is definitely the no hassle approach, it should still be approached with maximum caution, because even these recycling centers are capable of pulling certain schemes in order to best use your car for their own profit. It is very important for you to recycle your car via a reputable recycling center, because failing to do so may result with negative consequences and potential issues with the DVLA. Take time to read this page about scrap metal in Melbourne.
The company needs to guarantee the car will be recycled
Any company that is willing to turn your car into scrap metal needs to provide some sort of a guarantee that the car is going to be recycled. Not used, sold abroad, given away or stripped for parts and left behind. It needs to be completely, ultimately and totally destroyed. Watch out for companies that offer prices that just seemed too good to be true. Usually, you will be paid more if you take it to the yard by yourself, and automatically less if you require someone to collect it from your home. This should definitely raise some red flags, because no matter how the car gets to the yard, it should have a fixed value whether you take it there yourself, or someone collects it. See this great site about scrap metal in Dandenong for more information.
Watch out for the payment systems offered
Finally, while it is certainly refreshing to know that someone will pay you cash right there and then, you should be very suspicious if you get such an offer. In fact, the scrap metal dealers act states that it is illegal for anyone to pay in cash for scrapping cars. The only solution would be for them to write a cheque, or transfer the money directly to your bank account. Every reputable company should be well aware of the regulations and step up with a bank transfer, or a cheque in mind as their first go to solution. Anything other than that is completely unacceptable, and should be a reason for you to be suspicious.