more than 15 year old car scrap benefits

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Deal Cadet
nyadav.shopp...

hi,

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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Deal Subedar Deal Subedar
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price quoted is too less. it should be anywhere around 35k-45k 

certificate till now is of no use.

no such 1L discount , agent is tricking you.

advice-just renew fitness of car and resell it as in Maharashtra fitness can be renewed.

Entertainer Entertainer
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What are the incentives for scrapping old vehicles?

Here are the incentives when you scrap old vehicles.

  • Avail a discount: After scrapping the vehicle, the owner may receive a 4 to 6% discount on the new vehicle’s cost (ex-showroom).
  • No registration charges: Upon declaring the Certificate of Deposit, the registration fees for the new vehicle are waived.
  • Concession on road tax: State governments may offer a concession on the road tax on the new vehicle. The concession can be up to 25% for non-transport vehicles and 15% for transport vehicles.
  • Discount on a new vehicle: Vehicle manufacturers have been requested to offer a discount of 5% on purchasing a new vehicle against the Certificate of Deposit. This discount is over and above the scrap value, you receive for your vehicle.

I scrapped mine through Cero: https://cerorecyclin...m/  It was painless process and got the COD (Certificate of Destruction/Deposit) including the car image.

Deal Subedar Deal Subedar
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These were suggestions to manufacturers in scrapage policy (gimmick's) to dump vehicles of users.

None of manufacture accepted it.

Infact force dumping on grounds of pollution happened in delhi region.

Deal Cadet Deal Cadet
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@Faug thanks for sharing..my friend already registered on cero...in case cero facility nearby then they will call....waiting for call from them...if u can share more further              a) how much money cero paid u and whether they towed vechicle from home?  854 is RC mentioned weight for my friend car                  b) using COD certificate what actual amounts of different benefits personally able to avail on ground in ur state ? it will help a lot

Entertainer Entertainer
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@nyadav.shopping213

a) I guess I got 18k for my Santro and towed from the home location. It was parked in same location from few years, all tyres were damaged, not able to start etc. Total crap. 

b) I didnt opted for the benefits as these are introduced now, I scrapped my car in 2020 and I already had Creata, got i10 nios shortly. 

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Deal Subedar Deal Subedar
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price quoted is too less. it should be anywhere around 35k-45k 

certificate till now is of no use.

no such 1L discount , agent is tricking you.

advice-just renew fitness of car and resell it as in Maharashtra fitness can be renewed.

Deal Cadet Deal Cadet
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yes i am cross checking information given by agent....some part look genuine..as i checked on maharashtra news we have RSVF policy which allow road tax max 10k discount policy....https://timesofindia.indiatimes.com/city/mumbai...               renew fitness for next 5 years costing 8000+4000+4000=16000 in govt fees including insurance

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Entertainer Entertainer
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What are the incentives for scrapping old vehicles?

Here are the incentives when you scrap old vehicles.

  • Avail a discount: After scrapping the vehicle, the owner may receive a 4 to 6% discount on the new vehicle’s cost (ex-showroom).
  • No registration charges: Upon declaring the Certificate of Deposit, the registration fees for the new vehicle are waived.
  • Concession on road tax: State governments may offer a concession on the road tax on the new vehicle. The concession can be up to 25% for non-transport vehicles and 15% for transport vehicles.
  • Discount on a new vehicle: Vehicle manufacturers have been requested to offer a discount of 5% on purchasing a new vehicle against the Certificate of Deposit. This discount is over and above the scrap value, you receive for your vehicle.

I scrapped mine through Cero: https://cerorecyclin...m/  It was painless process and got the COD (Certificate of Destruction/Deposit) including the car image.

Deal Subedar Deal Subedar
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These were suggestions to manufacturers in scrapage policy (gimmick's) to dump vehicles of users.

None of manufacture accepted it.

Infact force dumping on grounds of pollution happened in delhi region.

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Deal Cadet Deal Cadet
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I think scrap benefits nowhere in reality.
Similar situation wanting to scrap an old complete non-functional car.
Planning to reach out to official RVSF: https://vscrap.parivahan.gov.in/vehiclescrap/va... 

Deal Cadet Deal Cadet
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yes it looks like ground reality is different from news articles..please share if you get more details further on ground reality when exploring further in ur case

Deal Cadet Deal Cadet
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Car: Maruti Suzuki 800 Deluxe. Year/Model: 2000. Registration not renewed after 2020.

I checked 2 official RVSF in Rajasthan(no reply after saying send RC + Car Pics) , Mahindra CERO and Maruti True Value. Automatically got call from Tata Rewire(It seems to be operating with one RVSF).

CERO guy said will get 15k + 2 certificates from Ministry of Road Transport and Highways)  + 1 from Mahindra and RC Cancellation.

Tata re-wire guy said : 12k + 1 certificate for destruction + RC cancellation.

Maruti True Value said : 15k + 15k(if you buy new car via exchange :  no plan to buy) + 25% rebate/off on road tax.

Planning to see response from RVSF and then finalize. CERO looks good as of now.

Deal Cadet Deal Cadet
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ok thanks for sharing..upfront cash for scrapping car looks same range

main is certificate

if able to get some benefit by selling certificate or using urself then

please share further that ground experience

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