Top 3 ways to dispose of your unwanted car

There are plenty of options when it comes to saying goodbye to your old car. If I had known all of these avenues beforehand, I may not have chosen the easy route to get rid of my highly missed 1995. But before blindly taking your car to the scrap heap, take into consideration that there may still be some value in the old girl.

To get started on your action plan;

  • Check your registration expiry date. You can claw back any registration costs if you plan to scrap your car, part it out or sell it unregistered.

  • Gather any documentation relating to the car, including logbooks (if they exist), registration history, and any insurance claim paperwork. This paper trail will be very helpful if your car continues to be used after trading it in or selling it through a private sale.

  • Have your identification ready to show proof of ownership before deciding to scrap/trade or donate your car. This may include your driver’s license or passport to match your registration papers. Make sure they match. Otherwise, what's to stop someone from commandeering your car and scrapping it for pure enjoyment?

  • Take time to appreciate your car before you part with it. No matter how terrible a car is, people often form bonds with their cars and once it is working, it's okay!

Let’s move on to the point of this article, the top 5 ways to dispose of your unwanted car;

Scrap it and then call us for car finance

 Unwanted car removal can be found in Brisbane. Fortunately, the process is very easy to scrap your car in Australia and cash is king in the junkyard game. Let’s take a step back; do you really want to get the bottom dollar for something that still has value?

Over the years In Australia, the Gillard government called this the “Cash for Clunkers” scheme which paid road users $2000 for their pre-1995 vehicles should they upgrade to a more “environmentally friendly” vehicle. These traded cars would in turn end up in the scrap heap.

The problem with these schemes was that they may have forgotten to factor in that manufacturing and scrapping a vehicle has a large impact on the end environment. This accounts for a significant portion of a vehicle's emissions over its lifetime..

So before you scrap it, consider the environmental impact and take a look at parting it out.

Part it out and use the money for your car loan

If you are clever with the tools and have a spanner for every nut and bolt in your car, then parting your jam jar out can be more profitable than just taking it to the scrappers. Consider that a brand-new set of tires starts around the $300 mark, smark. Selling separately could help you get back a portion of your investment. Your second-hand engine can bring in big dollars if it has a reasonably low amount of km on it, common in rear-end collision write-offs (this is how I purchased my replacement engine). If on the other hand, your car is rare or unique then posting your part listings to forums could garner a lot of interest. This should bring in more cash than the base cost of the metal alone, cash that you could put toward a low-rate car loan from 360 Finance.

This video titled “The most expensive scrap dealer” highlights how all of those parts can add up to a tidy profit.

But hold on a minute, before you spend hours dismantling your car, why not take the easy road and trade it in?

Trade It In and make sure to sign “Subject to finance

This was the option selected by my old man. It wasn't because I didn’t consider the other options, it was just that I didn’t know about our next option for parting with your car. The ease of a quick trade made it so enticing and I didn’t want the hassle of selling my old car privately.

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