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  2. Vehicle recycling - Wikipedia

    en.wikipedia.org/wiki/Vehicle_recycling

    There are however legal restrictions to level of cash that can be used within a business transaction to buy a vehicle. The EU sets this at 10,000 euros or currency equivalent as part of its Money Laundering Regulations. In the UK it is no longer possible to purchase scrap cars for cash with the introduction of the Scrap Metal Dealers Act in ...

  3. Wrecking yard - Wikipedia

    en.wikipedia.org/wiki/Wrecking_yard

    A scrapyard is a recycling center that buys and sells scrap metal. Scrapyards are effectively a scrap metal brokerage. [1] Scrapyards typically buy any base metal; for example, iron, steel, stainless steel, brass, copper, aluminum, zinc, nickel, and lead would all be found at a modern-day scrapyard.

  4. Car Allowance Rebate System - Wikipedia

    en.wikipedia.org/wiki/Car_Allowance_Rebate_System

    Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...

  5. How do title loans work, and are they ever worth the risk? - AOL

    www.aol.com/finance/title-loans-ever-worth-risk...

    Car title loans cater to consumers with past credit challenges who need fast cash. Most lenders have little to no credit requirements — some won’t even check your credit. The application ...

  6. Stolen Classic American Cars Turn Up as Junk Racers, Get ...

    www.aol.com/lifestyle/stolen-classic-american...

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  7. Vehicle impoundment - Wikipedia

    en.wikipedia.org/wiki/Vehicle_impoundment

    Vehicle immobilization is a key part of the act of impounding.. Vehicle impoundment is the legal process of placing a vehicle into an impoundment lot or tow yard, [1] which is a holding place for cars until they are placed back in the control of the owner, recycled for their metal, stripped of their parts at a wrecking yard or auctioned off for the benefit of the impounding agency.

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