Get an instant price in under 60 seconds

    BEST PRICES PAID, DON’T DELAY, SCRAP MY CAR TODAY LIKE THE REST, CHECK OUR FEEDBACK


    Where should we send a copy of your quote?

    **Important** It is important that you put the correct contact details in the form to enable us to call or email you regarding your vehicles quotation! In order for us to give you an accurate quote we need as much information as possible about the vehicle.

    Text me

    Can I scrap my car with outstanding finance?

    Cars with outstanding finance can’t officially be sold for scrap. Before you agree to scrap your car, check the finance agreement to see if you’ll need to pay any money to the lender when the car is scrapped. Another option is selling your old car to a private buyer.

    If you’re in a situation where you’re trying to sell a car with outstanding finance, it’s extremely unlikely that a scrap yard will buy the car. Legally they don’t have the right to do so, and not only that but they also won’t want to get involved in any disputes between two other companies.

    If you’re in a situation where you’re trying to sell a car with outstanding finance, it’s extremely unlikely that a scrap yard will buy the car. Legally they don’t have the right to do so, and not only that but they also won’t want to get involved in any disputes between two other companies.

    What is the legal implication of selling a car with outstanding finance?

    The legal implications for selling a car that still has finance owing to a lender (or leasing company or hire purchase company) are complex and can result in prosecution for fraud. For this reason, it is essential that the vehicle is properly disposed of, for example by a dealer who is licensed to handle such transactions. If you do not know what to do and there appears little prospect of being able to settle the outstanding finance, then it may be simpler to sell the vehicle as a roadworthy vehicle.

    Your car may be worth more than the amount outstanding on the finance contract or it may be worthless. To sell your car legally, first obtain a settlement quote from the finance company. If the car is worth more, you can then either sell it and pay off the difference to the finance company, or sell it and use part of the proceeds to settle the financing yourself. The best way to find out if your car can be sold and settled is to take it to a vehicle dealer.


    CALL OUR TEAM FOR AN INSTANT 

    VEHICLE VALUATION



    TRUSTED REVIEWS FROM HAPPY CUSTOMERS

    Fast, efficient service. Best quote provided of 3 different companies. Vehicle collected next day in time slot agreed. Payment transferred immediately. Would recommend.

    Josh Samuel

    Made an enquiry online for the value of the scrappage of my vehicle, received a phone call within hours of the enquiry, agreed price and vehicle was promptly collected the next day, payment made within 5 minutes of calling the office once they had established that I had alloy wheels. 5 star service

    Jenny Martins

    I found this company very helpful, pleasant and honest. Good prices paid with no hassle and direct into bank account. The driver of the recovery vehicle was very kind and understanding. A very good company to use. Would highly recommend

    George Dune

    CALL US DIRECTLY FOR THE BEST PRICE INSTANTLY

    CONTACT US