One of friend inquired a govt registered scrapping center for his 20 year old car in Maharashtra
As per weight on RC, agent offered 15k cash.
He will also issue Certificate of Deposite which he said can use two ways :
a) Sell that certificate to someone buying car in friend circle
b) use for buying own new car to get some discount on road taxes and full waiver of registration fees
he said upto 1 lakh can get using that certificate depending on buyer planning high range car ?
Has anybody have personal experience on that Certificate ?
any limits_max_discount/expiry/same owner type limitations on that Certificate of Deposite ?
any personal experience on that will help
Thanks in advance
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