General Any views on scrap value?

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General Any views on scrap value?

KPT

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Hello,

Unfortunately, my 2001 Y reg Fiat Punto has just died. The oil sump had completely corroded (apparently a common problem?!) and as a result the engine has seized. Given the value of the car, I don't think its going to be worth me getting it fixed - the quotes for both a brand new engine and a second hand one were massive.

I'm now trying to work out how much the car may be worth as scrap - I've got no idea. Does any one have any suggestions? Aside from the lack of a working engine(!), the car is in pretty good shape for its age and has only done relatively low mileage of 47,000. Before I ring round scrap dealers, any ideas as to potential value would be appreciated.

Thanks for your help.
 
darn! thats a shame- a 6 year old car being scrapped! sure you cant get a scrappy engine put in it?
maybe its where you live that determines what it costs for garages to do work on cars- i know that it would be worth your while to get a second hand engine put in , where i live.
are your quotes from just fiat dealerships? try independant garages.
also, up our way you can get upwards of £50 from a scrap car, collection free.
 
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i'm sure you'll get more money selling it as spares/repair. i could get a scrapyard engine and have it fitted for a total cost of £300 with a 3 month warranty. there will be plenty of traders who could do it for less and who'll want to fix it up for a profit. you'll easily get £150+ for it even on ebay. its worth £1800 when fixed so i'm sure you'll have plenty of interest. scrapping it would be silly.
 
Thanks for all your views. I live in Wakefield and have got quotes from a Fiat dealership and an independent Fiat specialist garage in Leeds. The quotes vary from £2,200 (from Fiat dealership with a brand new engine) to £1,300 with a second hand engine. The independent garage couldn't beat them by much. I'm just wary of getting a second hand engine put in - I think I've just lost confidence in the car now and want to cut my losses before it becomes even more of a burden.

I've been offered £400 by the independent garage to just take it off my hands. Doesn't seem bad. I reckon if it was in good condition with a working engine it would prob be worth £1800 so that's close to the difference between £1800 and the cheapest quote I've had to have it fixed.
 
£1300?!!! £300 would be ok, but £1300 is a joke.

if you dont have faith in a scrapyard engine then you could fix it purely to sell and make some money back. if you ask about you will get a quote for much much less than £1300. most scrapyards will supply an engine directly to a garage for you, costing approx £150. a local independant garage will fit the engine for approx £150 and even dispose of the old engine for you. i've done this myself more than once, and i know many people who have also done it, and i've never heard of a quote any where near as much as £1300.
 
The oil sump had completely corroded (apparently a common problem?!)

:eek:

Anyone know if this is a common problem (its the first ive heard of it) cause i have the same year 2001 Y Reg sept with 98k and i wouldint like to loss my baby now shes still going strong! Its MOT is in April so if it passes without anything major wrong, should i be thinking on replacing the oil sump? far as i know its the orginal..
 
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