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We have compiled some of the crooked scrap yard scams below.
Not every scrap yard will have their own dedicated towing services and may rely on tow truck drivers to pick up your car. By the time you agree for the tow truck you have also agreed to pay for the services of the towing and the agreed upon value of the car which can be considerable.
If the driver comes and after the inspection, they tell you the car is worth less than the agreed upon value it's best to back off the deal as they are trying to under pay to keep the difference.
When you agree to sell your car to a cash for Cars Company it is very important that by the end of the process the title is transferred to make the transaction legal.
Some companies will promise to take care of all the paperwork on your behalf but later on. But often what happens is you will be burdened with the bill for storage of your car in their lots. You can then be threatened with collection notices as well as being reported to credit bureaus if you don't honour these payments.
The only way to safeguard yourself is to ensure the title is signed over so they assume legal ownership.
Unless you have agreed to deliver the car to the scrap yard, the price you are quoted should include the price of towing your car.
The majority of the cars sold to scrap yards are not in working condition. So, unless you are vigilant, the tow driver may ask you for towing fees in which case you should treat them as fly-by night haulers.
It's important for sellers to understand that no matter how old and rusty your car is it will never be of zero value.
If you receive a quote from a scrap yard valuing your car at zero, they are scammers willing to take advantage of you. Best to stop dealing with them and find another reputable company.
If you are in Melbourne, for the best Car Removal services you can contact Car 4 Cash Melbourne at 0420 550 811.
Tim Rechel is the Content Marketer who formerly worked for Digital Marketing Agency in Sydney. My passion for helping people in all aspects of online Marketing flows through in the expert industry coverage I provide.