As the saying goes, "one man's rubbish is another man's treasure", and never has this been truer than when you are considering setting up a business in the 'scrap' industry.
It is a fact that the Scrap Metal Industry has grown significantly in recent times, particularly with the imposition of new rules aiming to limit the impact to the environment of scrap car disposal.
For instance, the EU has now imposed strict limits on the amount of waste ending up in landfill sites and implemented guidelines for the disposal of all scrap vehicles.
This has all lead to the scrap car industry becoming a real opportunity as a profitable business in the UK. There are now a network of scrap metal disposal plants across the UK which will pay an amount per ton of scrap metal. The amount paid per ton varies but can often be more than 100.
So what of demand? Well there is certainly a large demand for scrap car disposal with more than 2million cars reaching the end of their lifespan every year in the UK. This is expected to increase rather than decrease over the coming years. The EU now stipulates that over 74% of a vehicle must be reused or recycled.
When someone has a vehicle that they need to scrap, it is usually the case that the vehicle is no longer fit to drive or no longer has insurance, or both. Therefore the owner of the vehicle NEEDS a scrap car collector to come and collect their vehicle and dispose of it for them, and this of course is where the opportunity lies.
In order to incentivise the flow of business, scrap car collectors may offer a small cash payment on collection of a scrap vehicle. But often, people are simply happy to have a vehicle collected and disposed of for free.
London has a large concentration of scrap car collection and disposal businesses. One such business is called Scrap a Car London, owned and operated by Kevin Wray. Being a mechanic by trade and with a passion for cars, Kevin expended his business to offer the collection and disposal of scrap cars in london and the South East. He has enjoyed a regular flow of business, offering clients a cash payment in exchange for their scrap cars.
It is a fact that the Scrap Metal Industry has grown significantly in recent times, particularly with the imposition of new rules aiming to limit the impact to the environment of scrap car disposal.
For instance, the EU has now imposed strict limits on the amount of waste ending up in landfill sites and implemented guidelines for the disposal of all scrap vehicles.
This has all lead to the scrap car industry becoming a real opportunity as a profitable business in the UK. There are now a network of scrap metal disposal plants across the UK which will pay an amount per ton of scrap metal. The amount paid per ton varies but can often be more than 100.
So what of demand? Well there is certainly a large demand for scrap car disposal with more than 2million cars reaching the end of their lifespan every year in the UK. This is expected to increase rather than decrease over the coming years. The EU now stipulates that over 74% of a vehicle must be reused or recycled.
When someone has a vehicle that they need to scrap, it is usually the case that the vehicle is no longer fit to drive or no longer has insurance, or both. Therefore the owner of the vehicle NEEDS a scrap car collector to come and collect their vehicle and dispose of it for them, and this of course is where the opportunity lies.
In order to incentivise the flow of business, scrap car collectors may offer a small cash payment on collection of a scrap vehicle. But often, people are simply happy to have a vehicle collected and disposed of for free.
London has a large concentration of scrap car collection and disposal businesses. One such business is called Scrap a Car London, owned and operated by Kevin Wray. Being a mechanic by trade and with a passion for cars, Kevin expended his business to offer the collection and disposal of scrap cars in london and the South East. He has enjoyed a regular flow of business, offering clients a cash payment in exchange for their scrap cars.
