5 Tips for Frugal Car Owners When Scrapping a Vehicle

Are you planning to say goodbye to your ride because it’s past the age? Well, before you do, remember that parting with your precious memories will be painful. And it can get complicated financially if you’re frugal and want to get the best dollar value from the scrap yard. Surely, you don’t want to leave money on the table, right?

Did you know that cars on Canadian roads have an average lifespan of a decade? So, if you’re driving a vehicle older than that, it might be time to consider your options. You should also know how to get the most bang for your buck.

Lucky for you, we got the lowdown on maximizing your cash when sending off your four-wheeled friend for scrapping. Here you go!

Get your paperwork in order

The first thing you should do before showing your vehicle around is to get the paperwork in order. Well, you don’t want to stress about a lost title or registration at the last moment. And it can be stressful, guys!

For example, you might not be able to scrap your ride at all if the title is missing. Or you’ll have to pay a big premium bill if you forget to close the insurance. Sort the papers to do the rest easily.

Remove valuable parts

Frugal car owners can make some extra money by removing valuable parts and selling them instead of sending the vehicle directly to a scrap yard. Don’t forget to take a look under the hood because you may have something in there.

For example, you can easily list a newer battery or alternator on websites like Craigslist. Even new tires can get you a good sum.

Shop around

Shopping around is something every frugal car owner would do, right? It’s a good idea to get multiple quotes from the scrap removal providers in your area. For example, if you’re in Scarborough, check the best providers for scrap car removal, get quotes, and compare them. Think beyond comparing offers and check factors like the provider’s reputation for eco-friendliness.

Settling for the first offer might seem easy, but it isn’t the wisest thing to do. Shop around and negotiate to get the best value.  You can also read reviews to find a good one.

Think green

While you’re there, think green as you look for a scrap service. Well, it may not make much of a difference to the value of your car. But it does reduce your carbon footprint, which is one thing savvy car owners want to do.

Check the disposal practices of the scrap yard and ensure they are eco-friendly. Consider it a small bit you can do for the planet.

Be honest about the condition

Well, the condition of a vehicle hardly seems to matter when you plan to dump it. But you’ve got to be honest about it when getting quotes from scrap yards. Disclose major issues such as a blown engine or transmission because they will find it down the line anyway.

Being honest prevents big hassles, even if it means getting a little less cash. That makes sense, right?

Conclusion

Giving up your ride after years of memories sounds daunting. But it’s something one eventually has to do. Focus on getting a good deal at this point. If you follow these tips, you’ll surely make the most. Go for it!

Jeff Campbell