Whether you are selling your car to a car scrapper to be scrapped and recycled or selling it to a salvage buyer to be part out and help repair other cars, you might be thinking about what documents do you need to scrap your car. No worries! We’ve put together this guide and checklist to help you to know and not forget what the documents are, and what you will need when scrapping your car.
The most important and only document is your vehicle ownership. In fact, you are selling your vehicle to a scrap removal company, therefore you need to transfer the ownership. You have to fill and sign “Application for Transfer” which can be found on the back of your ownership permit, under the vehicle portion. Some scrap yards also provide you a Bill of Sale which is not necessary, to keep the seller’s record.
There are two keys you get when you buy a car, you need to hand out these keys to the car scrapper. If you have lost the keys or they are broken, let them know. Note that most auto scrappers buy your car even if you don’t have the keys.
Cancel Your Insurance
It’s better to cancel your insurance the day that you transfer the car as it is no longer in your possession. Every insurance provider has its own rules around cancellation. Your insurance company may charge you a cancellation fee. Or if you have a plan to buy a new car you may be eligible of transferring your policy to the new car without paying any cancelation fee and penalty. Contact your provider to find out.
Scrap Car Location
Make sure your scrap car is accessible and let the scrap car removal company know where the car is located. Whether it’s in your garage, driveway, or underground parking, they need to know to come with the appropriate facilities and tools. Some junk car removal companies don’t have the tow truck which is needed for underground parking and some may charge you more to remove the car.
Now you know what documents do you need to scrap your car. Here also you can find out how to scrap a car in Toronto.