Scrap-Value-Of-a-Car

Auto market in every country’s has been thriving in recent years, and the digit of cars is constantly increasing day by day. At the equivalent time, more and more cars will also face the problem of scrapping.

In recent times the state council announced the “Measures for the Management of Scrapped Motor Vehicles Recycling”, which will take effect on June 1 this year. This council will also calculate the scrap value of a car.

Under the new regulations, what are the scrap value of a car, how to reuse scrapped cars? What are the new changes in the scrapped car recycling industry?

The council of this industry is liberalized, and it is more suitable to finger scrapped cars

“I had a scrapped car. I was contacted by the processing company after being introduced by a friend, and then I waited a few weeks before handing over the car to the processor and received a refund of several hundred dollars.

During the meeting, many car owners told the media that they did not appreciate how to recycle scrapped cars. In recent years, the related industries have residential rapidly, but they are also faced with the problems of few recycling enterprises and low recycling income, and consumers do not know how to contact recycling enterprises.

Auto scrap industry is huge, but the current situation needs to be improved. A well reputed executive director of China Automobile Dealers Association said that in fact, the scrap rate of my country’s cars is not high. In the past 6 years, the estimated scrap rate of my country’s cars is between 2.5% and 3.7%, and the actual dismantling rate is less than 1%.

According to industry insiders, every country has previously recognized the end-of-life motor vehicle recycling industry as a “special industry” and implemented quantitative control over recycling companies. In principle, there is only one recycling company in each prefecture-level city, and the new regulations have removed the “special industry” restrictions and reduced In the future, consumers will have more choices.

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The engine, steering gear, transmission, front and rear axles, and frame are called the “five major assemblies” of the car, and are also more valuable parts on the car. Previously, in order to prevent scrapped cars and assembled vehicles from traveling on the road, the “Measures for the Management of Scrapped Cars Recycling” clearly stipulated that the “five major assemblies”.

According to research “five major assemblies” of scrapped motor vehicles will only be handed over to qualified professional enterprises for recycling, and will not be dismantled. After the solution, it directly flows into the market, and the new regulations can effectively prevent scrapped cars from flowing into the black market.

In addition, the industry management department said that in the future, a recycling information system will be established. Enterprises must record the number, model, and flow information of the main components such as the “Five Assembly” and upload them to the information system.

Industry experts said that in order to further improve the safety utilization level of the “Five Assembly”, the relevant functional departments need to further refine the relevant processes and management rules, and strengthen supervision after the event.

In addition, since new energy vehicles have not yet entered the stage of large-scale scrapping, their scrapping and dismantling are also quite different from traditional motor vehicles. The new regulations clarify that scrapping of new energy motor vehicles will be formulated separately. The industry expects that the detailed implementation rules and relevant technical standards related to the new regulations will be released as soon as possible. In the process of implementing the new regulations, relevant departments should also further strengthen supervision and guide the healthy development of the industry.

Many Automobile Manufacturers, believes that the new regulations have high requirements for environmental protection. With the encouragement of relevant policies, companies and consumers are more active in participating in the recycling of scrapped automobiles. Scrapped automobile recycling is part of the post-automobile market, which has attracted the attention of many investors and will have greater development potential in the future for car cash buyer.