When it’s time to upgrade your motor to a newer model, there’s one question every driver faces: should you sell or scrap your car?
There’s no absolute answer here. Both options have their benefits, and if your car is still in good condition, you might want to part-exchange it for a discount on your new vehicle.
But older vehicles and those with engine faults or bodywork damage might not be worth as much for part-exchange or on the second-hand market.
That’s where scrap car buyers can help, by offering you a fair price for the valuable recyclable materials contained within the vehicle.
So, what are the pros and cons of selling vs. scrapping your car?
Pros of selling
Selling a car allows you to cash in on its market value – and if you upgrade your vehicle regularly, you might have one to sell that isn’t more than a few years old and still in great condition.
You might also be happy to know that your car ‘lives on’ and, if you sell it locally, you might even see it out and about over the next few years.
Cons of selling
There are several hassles associated with trying to sell a car, regardless of its condition. You may need to pay to advertise it, or put in some effort to find a buyer yourself.
If you want to get the best price on the used car market, you’ll need to repair any little niggles you’ve been putting off, and give your vehicle a proper clean and polish to get it looking as good as new.
Pros of scrapping
Scrap car buyers like J Davidson Scrap make it as easy as possible to get rid of your old car. We can even come and collect it.
You get rid of your car faster, without having to do anything to it first, and you get paid a fair price for the steel and other recyclable materials in the bodywork.
Cons of scrapping
There’s no guarantee that the scrap value of your car will be more than the market value of selling it – although you’ll save money on repairing, cleaning and advertising the vehicle.
Scrapping a car can be difficult if you’re emotionally attached to it, too. If you’d like to keep a small part of the vehicle as a keepsake, let us know – but remember that your vehicle will be recycled and may be even more useful in its future form.
How to decide
Nobody can decide for you whether to sell or scrap your car, but you can request a scrap car quote to find out how much your vehicle is probably worth, just based on a few basic facts like the make, model and year of production.
Once you’ve got your offer from a scrap car buyer like J Davidson Scrap, you can decide whether it’s enough, or if you want to take the time and effort to try to find a buyer on the used car market instead.
