A wise soul once coined the phrase, “one man’s trash is another man’s treasure.” This is never more applicable than when dealing with vehicles. When a van is fit only for the scrapyard, it’s tempting to think that you should take any sum of money on offer and run. This is not necessarily the case, though. Although a broken van may only be fit for the scrapyard, it could still have value to you.
Scrapping a vehicle – two traditional options
If you’re looking to scrap your vehicle, you have two traditional options:
- Insurer – you can allow your insurer to handle everything for you and accept whatever sum of money they attribute to your vehicle. Alternatively:
- Scrapyard – you could take your broken van to a private scrapyard and see what they’ll offer you. There will always be some kind of financial remuneration in the offing
No fixed prices for scrap sales
There is no hard and fast rule as to how much cash you’ll raise by scrapping your van. Every scrapyard has its own pricing structure, and they’ll all have different needs at particular times. It all comes down to what we said at the top of this article.
Scrapyard A may be swimming in broken vans and the associated parts, meaning they’ll lowball you. In the mind of this business, you need them more than they need you. Scrapyard B, however, may be desperate for van parts and bite your hand off with a substantial offer. In many respects, it comes down to luck of the draw.
Steps to maximise your income
There are steps that you can take to maximise your income for your broken van, however.
- Shop around – don’t accept the first offer that’s made to you
- Approach early in the month – as the month wears on, scrapyards will become busier and busier – this means they’ll be reluctant to take on more work and will thus offer less for your van
- Leave the van intact – the parts of your vehicle are what will make you money. Removing anything, whether it’s in working order or not, is taking money out of your own wallet
- Get a refund on your road tax – if your van is still taxed, the DVLA will refund the months that remain. If you don’t do this, the scrapyard will
- Get an offer in writing – we’re all British – nobody likes haggling. It’s even less enjoyable if you’re being told in no uncertain terms by a surly collector of the van that he’s halving the agreed price on a whim. Get something in writing for your own protection
Sounds like hard work – then use We Buy Broken Vans
Does this sound like a lot of hard work, with the risk of low reward? That’s because it is. Thankfully, you don’t need to go down this road. If you don’t wish to take your chances with a private scrapyard or insurer, we hope that you’ll consider selling to We Buy Broken Vans.
If you enter the registration number if your van onto our homepage, we’ll make you an offer and a valuation. There is no obligation to accept, and we don’t harvest data. If you decline our offer, that’s the last you’ll hear from us unless you change your mind.
Contact us today
There’s more to what we can provide, though. If you decide to sell to us, we’ll pick up the van from your property – if you’re in the UK mainland, we’re there. What’s more, we’ll take care of all the legal documentation and filing if the van ends up being scrapped. That means that you’ll not only be making money, you’ll also be saving time. Talk about living the dream! Contact We Buy Broken Vans now! Also, read our guide to scrapping here.
Image Credit: Richard Dorrell