Achieving the Best Price
Naturally, almost all car owners want to get the best scrap price for their disused old cars. Logically, however, prices for scrap metal depend on current market conditions; daily rates vary in line with supply and demand. Nevertheless, scrapping a car for its cash value is probably still the best and most convenient option for the majority of motorists.
Although breaking up a car to sell its components parts may eventually achieve slightly more in total sale value, such a complicated process can be very time-consuming. It also requires a good level of mechanical knowledge, along with the right tools, equipment and storage space.
Additionally, licensed ATFs are the only establishments that can issue legal Certificates of Destruction in accordance with the Scrap Metal Dealers’ Act (2013). The measures in the 2013 Act aimed to combat theft and improve transparency. Notably, under the new law, payments for scrap cars are not now in cash, but digitally through bank account transfers or debit cards.
After receiving the agreed sum in settlement for your scrap car, you can rest assured that the ATF will issue a destruction certificate and take care of the paperwork correctly with the DVLA (Driver and Vehicle Licensing Agency) in Swansea. Beware, though: some motorists have fallen victim to unscrupulous or poorly organised dealers and as a result, the vehicle sale or disposal paperwork is incomplete. Months later, these unfortunate ex-owners have received letters with fines for speeding and parking offences. To avoid such problems, it is essential to deal with a registered and reputable facility.