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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

    In some cases, when the car has become disabled in a place where derelict cars are not allowed to be left, the car owner will pay the wrecker to haul the car away. Salvage yards also buy most of the wrecked, derelict, and abandoned vehicles that are sold at auction from police impound storage lots, and often buy vehicles from insurance tow ...

  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. Used car - Wikipedia

    en.wikipedia.org/wiki/Used_car

    Dealer or retail price is the price expected to pay if buying from a licensed new-car or used-car dealer. Dealer trade-in price or wholesale price is the price a shopper should expect to receive from a dealer if trading in a car. This is also the price that a dealer will typically pay for a car at a dealer wholesale auction.

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