After enjoying several years of really good scrap value prices, and maybe even taking them for granted a little, the price of scrap metal has hit a very low point. Basically rock bottom. I recently found this out the hard way when my car was written off and had to be sold for scrap. Really, the car was way too good for the scrap yard, and if I kept it for breaking and sold the parts individually, I could have gotten considerably more money in the long run. But breaking a car and selling the parts off one by one is a long process, and I didn't have the time for that.
So then the research began.. I know the car has to be scrapped, and I wasn't expecting to get big money, but I still wanted to get the best price possible. I tried many online "Instant quote for your scrap car" websites in my area and beyond, and the average price was shocking. Most of the time I was offered between £25 - £35! OK, it isn't the heaviest car in the world, but bear in mind, this is a Toyota Yaris SR with Alloy wheels, and I believe the overall weight of the vehicle is around 1 ton. Twenty Five Quid! That price is just unbelievable. The worst price I got quoted was £17!
After getting over the shock and then doing a lot of searching online, I managed to find a few places that were willing to pay a little bit more for the car. One offered me £46, which is still low but decent compared to the current rate. Armed with this higher offer, I then told this price to another company I made contact with and they bettered it slightly and offered me £50.
I knew from all the research I had been doing that I wasn't going to get much more than this so I accepted their offer. I remember a few years back when I was getting offered £120+ for a Ford KA. I believe the low scrap prices in the UK have something to do with the fall in demand for certain metals world-wide, particularly in China. Hopefully scrap prices recover before I need to scrap another car.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
So you've just bought a Nissan Micra and want, or need to know how to open the bonnet. This post is about opening the bonnet (Hood) on...
-
Simple things can sometimes be confusing if you've never seen or had to use them before. How do you open the bonnet (Hood) on a Toyota Y...
-
Got a question? Want to write for Car Auto, or post a car fix or error for others to look out for. You're more than welcome to send it t...
-
The Toyota Yaris is a great car. They seem to be much less tinny than a lot of the other little cars I've had over the years. They are...
-
The Toyota Yaris is one of the most impressive high mileage small cars you can buy. Reliability is one of it's strongest points. The Yar...
-
How to open the boot on a Hyundai Getz. This may seem like a no-brainer to most people, but the amount of people who end up on this website ...
-
Clarke 4000 Jump Start Review. What do you need, more portability or more power. Generally speaking, the more powerful a jump starter is, th...
-
Despite setting out to get another small Japanese car due to my last car, a Toyota Yaris SR, being written off because someone crashed into ...
-
If you need to find the VIN number of your Toyota Yaris (1999 - 2005) it can be slightly confusing. On some models the number can be located...
-
How To: Open a Renault Master Fuel Cap . If you've recently got access to a Renault Master Van through your work or some other means, ch...

Featured post
5 Big Cars That Have Cheap Tax Models
Car tax: Every driver would like to find a way to legally avoid not paying it. Usually, the bigger the car, the larger the amount to be paid...


0 comments:
Post a comment