The Essential Do’s and Don’ts of Scrapping a Car: What You Ought to Know
Are you thinking about scrapping your car, but aren’t quite sure how to do it?
Scrapping your vehicle offers many benefits. When you scrap a car, most places give you upfront cash, so it’s a quick way to make some extra money. Additionally, scrapping your car is eco-friendly, and it allows you to free up extra space at your place.
But, before you scrap your car, there are some things you need to know. Check out this guide to discover the top do’s and don’ts of scrapping a car.
Do: Remove Personal Belongings and Valuable Parts
Before you scrap your car, you want to make sure you remove all of your personal belongings from inside it. For many of us, our cars are like our second homes, and there’s a good chance your car serves as a storage space for many of your personal belongings.
Before you scrap your car, comb through it thoroughly for any personal belongings and important documents. Additionally, keep in mind that the goal of scrapping a car is to get as much money out of it as possible.
If there are valuable parts that you can make money off of by selling them separately, make sure to remove them before you scrap. Entertainment systems, starter motors, and alternators are often the most valuable components of a car, as well as the wheels and batteries.
These secrets can also help you maximize how much money you make when scrapping a car.
Don’t: Forget About the Paperwork
Before you scrap a car, there’s some paperwork that you need to get in order. While you can scrap a car without showing proof of ownership, this will typically result in you getting less money.
One of the most important documents you need is the title, as this allows you to transfer ownership of the car to the scrapyard. If you can’t find the car title, you can get a new one from your state’s department of motor vehicles (aka, the DMV).
Do: Remove the License Plates and Cancel the Insurance
It’s also important that you remove the license plates and cancel your car insurance before you scrap your vehicle. Most states require that you remove the license plates upon transferring a vehicle to a new owner.
Canceling the car insurance will ensure that you don’t get stuck with recurring payments before the policy expires. If you paid for full coverage upfront, you should be entitled to some sort of a refund.
Even if your coverage is about to be up, it’s still important to notify your insurance carrier. This will ensure that you maintain a solid relationship with the company.
Scrapping a Car: Are You Ready to Scrap?
Now that you’ve read this guide on scrapping a car, it’s time to start the process. Before you know it, your car will be scrapped and you’ll have a nice chunk of change in your pocket.
Be sure to check back in with our blog for more car scrapping tips and tricks.