Recycle your car and make money

If only all cars could be recycled as creatively as this one

If only all cars could be recycled as creatively as this one

As it is National Recycling Week  we thought it was a good time to consider what  happens to our old cars when they reach the end of the road?

We’re all familiar with recycling household waste such as bottles, tin cans and newspapers. But what happens to our old cars when they reach the end of the road? It’s vital for them to be properly disposed of so that all those toxic materials such as oils, fuels, batteries and other hazardous materials don’t end up down the drain or in landfill. You should only scrap your car at a recycling centre with an Authorised Treatment Facility (ATF) Licence – the licence requires businesses to invest substantially in the necessary equipment and buildings required to recycle cars properly.

Approximately 2 million cars are scrapped every year in the UK. Most scrapped cars are between 10-16 years old. They range in value between £100 and £300 with an average of around £150. Scrap car prices were very low in the late 1990s and early 2000s – abandoned vehicles peaked at around 350,000 a year because people had to pay to get rid of them.

The current EU targets for scrap car recycling are 85% – this is due to go up to 95% in 2015. However www.cartakeback.com has demonstrated its commitment to greener recycling by already hitting these targets. More information on scrap car recycling here

Under the EU End of Life Directive 2005 the car manufacturers are ultimately responsible for ensuring that vehicles are recycled properly and that regardless of any fluctuations in metal prices cars can be disposed of for free.

If DVLA aren’t informed that a car is scrapped or repaired and returned to the road, the registered keeper remains liable for the vehicle and will be responsible for making sure that it’s taxed or registered with a Statutory Off Road Notice (SORN). Failure to do so will result in an automatic fine of £80

If legal ownership isn’t transferred correctly you remain responsible for the vehicle and could be stung for and £80 fine for not paying its road tax. And if it falls into the wrong hands and ends up racking speeding and parking fines – it’s your doormat they’ll be plopping onto! When a car is scrapped the DVLA needs to be informed using a Certificate of Destruction (CoD) which can only be issued by Authorised Treatment Facilities (ATFs) Once you have the CoD, you can reclaim any unused road tax from the DVLA, and unused insurance.

 For information on all aspects of recycling check out the Recycle Week 2014 website here 

17th June, 2014

 

 

 

 

Author: wheelsforwomen

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