Today I would like to talk about a pretty unheard of way of making money: selling your car for scrap. I have a cool infographic below that explains the process in more detail, but basically, every year in the UK, a couple million vehicles reach the end of their life, and about a third of them are scrapped. It goes to a special facility, where toxic fluids are taken off, as well as the battery, windows or plastic parts like the bumper, then it gets scrapped.
I have seen several neighbours in the country who just keep a rotting car in their garden, the car can’t be driven, hasn’t been moved for years, and is just serving as a not so pleasant flower bed as the weeds and wild flowers invade it.
So why not try to make a little extra cash out of it? Companies can give you an estimate of how much you would get by selling your car for scrap. Then they will buy your old car and have it processed for you.
As you go through the infographic, you will see all the parts they are going to remove, and thus have no use for, before they can scrap the car. So if you are a bit handy, you could even remove them yourself and try to sell them on Gumtree or Ebay. I remember needing a few parts for my car a while back, and boy were they expensive. A second hand windshield, or even battery if you bought yours only a year or two ago, can have a resell value, especially if parts are hard to get for your specific make and model. Think about tires as well, and any improvement you may have made to the car, like a sound system or a better bumper. Just make sure it is easy for a potential buyer to find your ad, and put plenty of good quality pictures and a well written description. Looking up the part number would be useful to add it to the ad, so people find it even faster. Between that and the scrap money, you may even be looking at a better operation than fixing up your car if it is severely damaged.
For more information, just check out the infographic below!