Every van owner goes through the process of deciding whether their van is still roadworthy or not. It might be because it has been severely damaged in an accident, or maybe because it’s a pretty old car whose maintenance costs are more than the actual value of the van.
Now you might be planning to call the scrap yard to get rid of the unusable vehicle, but you may not know how the whole process works, and how much you can earn by scrapping your van. If that’s the confusion, then you have come to the right place. In this article, we have explained how you can scrap your van for cash.
What is a Van’s Scrap Value?
Different factors determine a van’s scrap value. The two most popular factors are the weight of the van, and the amount of recyclable metal that it contains. Other factors like your van’s completeness, damage, and demand for its recyclable metals in the market also contribute to its price. Getting your car scrapped when metal is in high demand may help you earn a bit more.
In Brentwood, the average amount you can earn by scrapping your car ranges from £150 to £1,000.
Ways to Make Money From Your Scrap Van in Brentwood
Sell its reusable parts
Even though your van is not in a drivable condition, it does not mean its parts are completely useless too. There are many reusable parts in a scrap car that you can sell.
The common reusable van parts are the catalytic converter, the battery, the air conditioning system, as well as the in-built GPS, doors, windows, mirrors, and airbags. If you have the time and the patience to remove and resell these individual parts, then you may make more money from your scrapped car. But in most cases, you will get more from scrapping your car as a whole by taking it to your local scrap yard in Brentwood.
Donate your van to charity
Some agencies take scrap vans as a charity donation. They then sell these junk vans to scrapyards, and get money in return. Later, the money is used for a good cause.
Scrap your van for cash
This is one of the easiest options to earn cash fast. You can send your car to a local scrapyard and earn a few hundred pounds in return. The scrapyard will part your car out, scrap it for metal, or maybe resell the car if it can still be driven.
Below are some tips that will help you scrap your car for cash...
Search on the internet for the different ways to scrap a van
There are different ways to scrap a van, and you can do research on the internet to find which way is the most suitable option for you. Some websites will provide you with an instant quote for your van, and will even offer you to take your van from you the same day.
Drop your van at a legally permitted recycling centre
While searching on the internet, you will find several sites that offer vehicle recycling services, but not all of them are legally permitted to do so. Take your car to a recycling centre that has an Authorised Treatment Facility (ATF) license. These centres have the right equipment, and know the standard procedure to get rid of the hazardous materials in a scrapped van.
Also, only these ATFs can provide you with a legal Certificate of Destruction (CoD) that confirms that you are no longer responsible for your car, and it has been taken care of. Recycling your car at centres that do not have an ATF license is illegal. Therefore, verify whether the chosen recycling centre has an ATF licence before taking your car to them.
Inform DVLA
After getting your car scrapped, the first thing that you need to do is inform the Driver and Vehicle Licensing Agency (DVLA). It will save you from the road tax for a car that you are no longer using. There is a standard procedure to follow when informing the DVLA of your scrapped car.
Your car logbook (V5C document) has a certain part specifically made for this issue. Fill it out completely, and send it to the DVLA to notify them of your van. If you cannot find your logbook, then there is no need to pay for a new logbook. You can simply write to the DVLA including your van’s registration number and other details needed to inform them of the scrappage process that you are undertaking. They will then refund you the unused road tax.
Also, make sure you call your insurers to let them know you are not using your old van anymore. They may also provide you with a refund on any policy that you have not used.
Take payment the right way
According to the Scrap Metal Dealers Act, it is illegal to take payment in cash for your scrapped van. Therefore, be suspicious if someone tries to make payment through cash rather than through a standard bank transfer. You will have to provide your ID and proof of address to scrap your van. Scrap merchants will keep your data stored for up to three years.
If you do not want to share your personal details with a scrapyard, it is better to hire an agent to handle the process for you.
Summary
Scrapping your van for cash is a wise decision to earn money from a van that is no longer road worthy. If you are looking to scrap your van in Brentwood, then give us a call on 01992 929104. We are an ATF that is ready to scrap your van in Brentwood today.