What’s the Best Way to Dispose of Your Old Car?
Buying a new car can be fun and exciting. Deciding what to do with your old one, however, is another matter. Here are some tips for getting rid of your old vehicle.
According to the most recent research, the average lifespan of a car in the UK is 13.5 years – this has come down from 16 years just 10 years ago. That might seem counter-intuitive to those who remember the cars of the 1960s and 1970s that seemed to rust before your very eyes – the materials and coatings used on vehicles made since the turn of the millennium mean that this kind of corrosion is practically unheard of today.
However, at the same time, newer cars have more costly and specialist components, particularly relating to electronic systems. When a car is 10-15 years old, just one component failure could cost more to replace than the car is worth. Under those circumstances, getting a scrap car quote is the logical choice. But what if your old car is simply getting a little worn out and down at heel, with the MOT looming? Let’s run through the choices.
Trade it in
If you are buying a new car from a dealer, you might be able to get a tasty trade-in on your old one. This very much depends on market conditions from the dealer’s perspective, and the type of car you are buying – if the dealership is desperate to shift another unit, there is a chance they will have the flexibility to knock far more off the price of the new car than your trade in is really worth. However, tread carefully. Sometimes, this is a discount that they already had in their back pocket and were prepared to offer anyway. In this situation, all you’ve actually done is given them your old car for nothing.
The second hand car market is always a lively one, and if you price your car correctly, you will get plenty of attention. However, if it is over 10 years old and has either failed its MOT or needs some sort of repair, that pricing will have to be low. The trouble is, there are hundreds of old Fiestas, Corsas and so on out there on Facebook marketplace pages, Gumtree and all the rest. Most buyers in this sector are actually scrap dealers, and will only be willing to pay scrap prices. When they occupy these marketplaces, they are often less than scrupulous – be prepared for plenty of tyre-kicking and haggling.
Scrap it with a professional
If that sounds like more trouble than it’s worth, there is an easier way. Professional scrap car buyers don’t need to lurk around the social media pages haggling via instant message over whether they can pay £80 or £90. Instead, they provide a simple online service whereby you enter your vehicle details and they provide a quote. Experience has shown that this is usually around the same price that you will achieve after lots of stress and aggravation with a private sale.
When you click “accept,” they pay you via online bank transfer, and come to collect the car at your convenience. They even deal with all the paperwork for DVLA. It really couldn’t be simpler.