[SITTINGBOURNE, 22/02/2019] - LKM Recycling, a trusted waste management solution provider, helps people earn while turning in their scrap cars. The company collects and processes about 1000 vehicles a month, which they pick up themselves.
The Numbers Tell the Future
One way to determine if a broken down vehicle should be scrapped is its age. The Society of Motor Manufacturers and Traders (SMMT) says that the average age of scrapped cars is about 13.9 years. Moreover, the average age of a vehicle driven on the road in 2015 was 7.8 years, a significant jump from 6.8 years in 2003. The organisation sees this jump as a sign that newer vehicles last longer. SMMT generally sees newer cars as safer and much more environment-friendly than the ones in previous decades.
Deciding to Scrap a Car
When deciding whether to scrap one’s car for a new one, Reyna Gobel from Investopedia says that a person must think like a business owner. They should ask themselves if the new vehicle they’re upgrading to is more efficient, faster, and affordable in the long run.
Consumer Reports, a non-profit organisation advocating for marketplace transparency, says that it’s better to leave a car behind when they need repairs that cost more than the car is worth. And even more so when they still break down despite repairs. A vehicle should also be scrapped if they’ve been in a serious accident or flood.
LKM Recycling’s team goes the extra mile by picking up its customers’ old cars for them. The company also works with leading car scrap website “Remove My Car” to provide free quotes based on fair market values. LKM Recycling’s process complies with Driver and Vehicle Licensing Agency (DVLA) standards. It provides a Certificate of Destruction that assures the agency that the car will no longer be used on the road.
About LKM Recycling
With over 35 years of experience, LKM Recycling helps its customers optimise their waste streams. The company recycles general waste, cardboard, paper, glass, plastic, and ferrous and non-ferrous metals. For more information, visit https://www.lkm.org.uk/.