The car has become old, should I sell it or give it to scrap? Where will you benefit? Clear all your confusion...

If your car has become old and you are confused whether to give it in for scrap or sell it, then this news is for you. You can go for any option according to your needs. There are both advantages and disadvantages of selling an old car and giving it in for scrap. If the condition of the car is still good, it is not too heavy on the pocket, then it can be sold. If the condition is good, then you will get good money too. If the same condition is not good, then you can go for scrap, so that some government discounts can be availed on buying another new car.

First of all, let's talk about what the benefits can be if you sell the car. Yes, for this, the condition of your car should be good.

Benefits of sale:
The first advantage is that you will get good money by selling it as compared to scrap.

You can sell it to your family member or anyone according to your wish.

Disadvantages:
If the condition of the car is not good, then you will get less money than expected.

It may take time to search for a buyer.
If the ownership is transferred, you will have to deal with some paperwork.

Now let's talk about scrap. Suppose your car is not in a driving condition at all. If you are not getting any buyers, then you can go for this process.

Advantages of scrap:
On scrapping, you get less money than selling, but if the body of your car is strong, then you can make some compensation here according to the weight.
On going for scrap, the government gives a discount of 5% on the ex-showroom price on buying a new car.

Along with this, up to 25% road tax can also be saved on buying a new car.

Apart from this, the government has made the scrap process very easy in recent times.

Disadvantages:
There is only one disadvantage of going for the scrap policy, and that is getting less money.

In such a situation, if the condition of your car is fine right now, then you can go for selling, if the condition of the same car is not drivable, money is being spent, then you can give it for scrap.

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