A scrap car is an eyesore on your property, and it takes up space. It can become an environmental hazard, too, especially when left to deteriorate. However, instead of selling it, you have the option to sell it to companies that can offer instant cash for scrap cars in Sydney. What makes them different from regular scrapyards is their ability to pay top dollar for junk, old, and unwanted cars. Many of them are licensed to wreck vehicles, too, and they take apart the parts of the car to sell as used components while ensuring proper disposal of the non-usable parts.

The Problem With The Industry

But despite the popularity of cash for scrap cars in Sydney, some experts are wary of some unscrupulous car removal companies. Undocumented business deals are standard in the industry because of some shady cash for car dealers doing backyard deals. Those businesses typically skip formalities, such as asking sellers to show their proof of ownership of the vehicle, registration, and other documentation. As a result, those businesses are known for tax evasion.

What’s Wrong With Undocumented Transactions?

Undocumented cash for cars dealings has no paper trail. That means it can be hard to track cars that have been stolen or catch thieves. It’s a loophole that revealed a risk on the security of car owners and residents, and thua, a bill was created and passed to criminalise those practices.

Reputable Car Removal And Scrap Metal Companies Are Registered

All companies offering cash for scrap cars in Sydney must be registered lawfully based on the bill.Buyers of scrap cars must go through a registration process, fill out forms, and provide relevant information about themselves and their company. If the registration information of the business is basis the regulations, the commissioner of police will issue a certificate of registration to indicate the business is legit and lawful.

Implementing EFTPOS Payments

Part of enforcing that bill is ensuring that customers are paid through cheques or electronic funds transfer at point of sale (EFTPOS) transfers. As a result, paying in actual cash had become a legal offence, with 100 penalty units as punishment. It’s a means to prevent or at least minimise illegal activities, like selling stolen cars for cash. However, many car sellers were unhappy about the ban on cash payments.

Should You Still Sell Your Scrap Car?

Now you may be wondering if it’s still a good idea to get in touch with a scrap metal recycling that offers cash for scrap cars in Sydney. The answer is yes, as long as can ensure to sell  your unwanted car to a licensed business.

And if you’re ready to earn cash for scrap cars in Sydney now, don’t hesitate to call Metal Force Recycling at 0403 191 732. We’re a full-service scrap yard for scrap metal recycling and junk cars. We’re a licensed car removal company, and we can pay up to $9,000 on the spot depending on your car’s condition and pick up your car for free.

About The Author

Metal Force Recycling is a licensed Scrap Metal & Car Removal company that has been in the business for over ten years now. Yasin Azimi, the Chief Operations Manager at Metal Force Recycling is a professional scrap metal merchant in Sydney; dealing in all types of scrap metals & car removal services. He tries to assist you with his years of expertise in paying the best possible cash for unwanted scrap metal, and the junk car removal. This company also offers reliable service, instant cash coupled with a transparent, and hassle-free process. In addition, Yasin Azimi provides you with the best deals that you won’t find in any other scrap metal & vehicle removal company!