Are you living in country like Singapore? Do you own a car that you want to sell off and buy a new modern machine? If yes, you can do the same buy dumping your existing car for the scrap. Most of the present day people who want to buy new cars try to exchange their old cars.
However there are not many buyers for the cars in a country with a very small population like Singapore. As a result you might end up using the old car for a long time, as there are no buyers. Contrary to popular belief, even scrapping of old vehicles will give you the money immediately. You can get as much as ten thousand dollars for your old car.
The real advantage of making use of scrap vehicle in Singapore is that you do not have to reduce the amount as per the life of the car. Even if the car is damaged, you can get the same amount. This is the advantageous for many reasons. Firstly, you need not worry about the condition of the car. Secondly, you get the amount no matter what has happened to the car. Thirdly, you need not worry about the insurances and other mandatory documents that are required when you sell your car. Car insurance can be an expensive one, particularly if your car is a very old one. Beyond a point of time, it becomes increasingly expensive to maintain the vehicle. Instead you can sell it off for scrap value as the process of selling it for scrap is easier.