Salvage cars are generally worth more than a scrap car will be and here we explain the difference about them, and why one type is worth more than the other.
Put simply, a salvage car is a vehicle that has been involved in an accident or has been damaged to some extent and the insurance firm has declared it a total loss and it then becomes what is known as a salvage car.
The reason for this is that there may not be any economic sense in trying to repair the car which is then written off and you as the owner will have to dispose of it – this is where Compare My Scrap Car can help and offer you the best car salvage quotes for it.
Sometimes the insurer will send it to a salvage car yard where it will be recycled or scrapped or they send the car to an auctioneers specialising in salvage cars.
However, it also needs to be appreciated that salvage cars can usually be made roadworthy once again with some work and investment, which makes them an appealing vehicle to buy for many people.
Having explained about salvage cars, you need to appreciate that scrap cars are generally only good for scrapping and are beyond repairing to put back on the road.
However, scrap cars are also worth money to car scrappers – such as Compare My Scrap Car – because much of the car can be recycled so others can use quality spare parts to repair their own vehicle.
This means that a scrap car has really reached the end of its useful life and will be worth less than a salvage car.
Along with having a friendly firm pick up your wanted vehicle, you will also be paid directly to your bank account, but you need to appreciate a number of issues.
Scrapping a car for cash
When it comes to scrapping a car for cash, you must:
- Never use a car scrap yard offering to pay money because this is illegal and you must be paid into a bank account.
- You must use a scrapyard that is an Authorised Treatment Facility which means it is licensed by the Environment Agency.
The reason for this is that you will be complying with the car scrapping laws and will be handed a certificate of destruction for your vehicle and be reassured that your car will be recycled carefully without damaging our environment.
If you would like more information about the difference between salvage cars and a scrap car, or you have a vehicle you want removing and get paid the best price for it, then you need to speak with the friendly team at Compare My Scrap Car on 0800 810 1004.