In order to hand over the car for scrap and get compensation, you need to collect a package of documents. Disposal is carried out in two formats: the Trade-in program (when your old car is being repaired and sold) and the recycling program for old cars.
Not every machine is suitable for participating in the state program; there are certain requirements for them too. A car can be of any make, year of manufacture and country of origin, but it must have full technical compliance.
Since 2010, a lot has changed in the program:
- Now money is given in the form of subventions to regions that themselves pay cash compensations to car factories. It depends on the sales results of the year
- Both individuals and legal entities can participate in the program (leasing companies are included here)
- In addition to cars, buses and trucks can be handed over for recycling
- The list of car factories that participate in the program has been expanded. When it was first introduced, in 2010-2011 only Lada participated. Now Renault, Nissan and other brands are connected.
The principle of “Trade-in.” The meaning of the principle is that the car is rented to the dealer not just for scrap, but for resale. There is only one point – the car that is being rented under this program should not be older than 6 years. This car will be overhauled and sold. In case of car removal Canning Vale this is important now.
How to buy a car according to the recycling program?
You can buy a new car in the same salon where you will hand over the old one. But this is not the only place, you can make a deal in different places. There is also the possibility of obtaining a loan. When it is drawn up, you will need to attach a certificate of car disposal to all other documents.
Instructions “How to purchase a car according to the recycling program”:
- It is necessary to draw up a contract for the purchase of a car
- Collect documents for disposal (your passport and certificate of de-registration of vehicles from the register in the traffic police)
- Dispose of the machine and obtain a certificate of this procedure
- Transfer the certificate to the salon and pay for dealer services.
It happens as follows:
- The car owner transfers the car to the dealer
- Then concludes an agreement with him and draws up a corresponding power of attorney for him
- Pays for dealer services (the amount varies depending on the contract, on average in the regions of America amounting to 10,000 dollars)
- Then, a certificate of recycling the old car is issued, and you receive documents for subsidies to purchase a new car
The final step is to draw up a contract for the acquisition of a new vehicle.
