Scrap my BMW – all you need to know
Whether your BMW has been in an accident and written off, you’d like an upgrade, or it’s taken some knocks and is too expensive to repair, you may be wondering what to do with it. How will you be able to afford a new car if you can’t sell on this one?
No matter the reason, if you have a BMW that you’d like to get rid of and you can’t sell it through the regular channels, such as online or through a dealership, there is another solution. You can scrap your vehicle and make money from the scrap for your new purchase.
While there are a number of factors that influence how your old BMW will be scrapped, we’ve made sure to include everything you’ll possibly need to know here, so that you can make your decision armed with all the facts.
Common reasons for scrapping a BMW
People decide to scrap a BMW for many different reasons. It might be down to personal circumstances, such as a change in needs or finances, or conditional circumstances, such as accidents or breakdowns.
Or, your BMW could just be reaching the end of its life. Fuel efficiency, reliability or running costs are all valid reasons to consider scrapping your car and making some money.
Even if there’s no damage or performance problems with your BMW, that doesn’t mean you can’t still scrap it. It may be that you’ve recently moved and don’t think you’ll need a car as regularly, or maybe it’s an old car that you’ve meant to fix up, or a second car in the garage that’s gathering dust.
No matter the reason, get a quote for your vehicle from Scrap Car Comparison. We can get you the best price for scrapping your BMW quickly and easily – just enter your postcode and car registration here.
What affects my BMW scrap value?
The price you receive when you scrap your BMW will be affected by a few different factors – the weight of your vehicle, the model, the age, any damage it has received, and the general condition of the car at its time of scrapping.
If you’d like to find out more about the different factors in more detail, and what you can do to get a better value for your BMW, we’ve written a blog on the subject here.
After the weight of the car, which is the most crucial factor, the model makes the most difference to the scrap price of your vehicle. Read on to find out what different BMW models are worth.
BMW scrap value comparison
Here, we will look at the different BMW models that have been scrapped with us at Scrap Car Comparison, and how their scrap values compare. Since the prices of scrap vehicles fluctuate due to market changes, we’ve displayed amounts in percentages; these reflect how much that model would fetch if scrapped, when compared to the average price of BMW vehicles being scrapped.
For example, if the average price of a scrap BMW is £1,000, then a BMW model displayed in our table as worth 110% when scrapped would be worth around £1,100.
|Model||% of BMW Price|
|BMW 1 Series||92%|
|BMW 3 Series||92%|
|BMW 5 Series||94%|
|BMW 7 Series||116%|
|BMW Z Series||122%|
*All data recorded between Nov 2018 and Apr 2019
According to the data listed, the BMW model which would make the most money for its owner when scrapped with Scrap Car Comparison is the BMW Z Series which, if we used the example figure of £1,000 as average from above, would be worth £1,220.
The most popular BMW model scrapped with Scrap Car Comparison is currently the BMW 3 Series, with 774 cars scrapped between November 2018 and April 2019, ranging from Compact to Touring and everything in between. The second most scrapped is the BMW 5 Series with 127 cars, and the third is the BMW 7 Series with 12 cars scrapped. Of those three cars, the car model worth most when scrapped, as shown in the table above, is the BMW 7 Series.
The most popular colour of BMW car being scrapped is aluminium/silver, closely followed by blue and black.
My BMW is too good to scrap – what now?
Scrapping your BMW is not the only option so, if you find that your BMW is too good to scrap, there’s still an easy way to make money through Scrap Car Comparison. We have a large range of trusted salvage buyers who, instead of scrapping your BMW, will break it down for parts that can be resold or used in other vehicles.
You’ll still receive the best quote, handpicked from our network of buyers, and we will offer you the same service whether you scrap or sell your car for salvage. You’ll find the whole process hassle-free and you won’t need to waste any time or effort selling your old vehicle or buying a new car in exchange, as some scrappage schemes require.
BMW scrappage scheme
BMW doesn’t have a designated scrappage scheme, but it does offer a buying service.
On their website, much like the Scrap Car Comparison quote tool, they ask for vehicle details and the registration number to calculate a competitive offer for your BMW. Once you have submitted the details, the BMW centre you have chosen will contact you to offer a price.
While it is not completely clear on the website, it’s likely that you’d have to put the money you receive towards a new BMW from the centre you have chosen.
Scrappage vs scrapping – what’s best for your car?
The main difference between the buying scheme from BMW and scrapping your BMW car through a buyer or Authorised Treatment Facility (ATF), as Scrap Car Comparison, is how you will receive your money once the car has been traded in.
With BMW’s buying scheme, you won’t know exactly how much your BMW vehicle could be worth until your chosen BMW Centre contacts you with an offer. Once you have received your quote, it will often depend on you trading in your car and using the money to buy a new car from BMW.
Scrapping your car through Scrap Car Comparison means that not only will you receive an instant quote for your BMW through our handy quote tool, without any hidden fees or charges, you will also be able to have your scrap BMW collected and scrapped completely free using our Scrap Car Collection service. And, unlike BMW’s buying service, you can use the money however you want.