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: Deregistration must be completed within one month of scrapping to avoid a 500,000 KRW fine. Important Post-Scrap Steps

: Only required if someone else (a proxy) is handling the scrap process for you.

: Verify they are registered with the Korea Auto Dismantlement Recycling Association (KADRA) . buy scrap cars for cash

: Most authorized yards will tow the vehicle for free and pay you the scrap value (compensation) on the spot or upon arrival at the yard.

: A copy of your Resident Registration Card, Passport, or Alien Registration Card (ARC). : Deregistration must be completed within one month

: Use the cancellation certificate to apply for a prorated refund of your remaining car insurance.

To legally sell or buy a scrap car for cash in South Korea, you must complete specific paperwork to deregister the vehicle and avoid ongoing taxes or penalties. Only (known as Gwanheo ) are legally allowed to process vehicle scrapping and deregistration. Required Documents for Sellers : Most authorized yards will tow the vehicle

: Ensure you receive a Certificate of Car Scrap Takeover ( Pye-cha-jang ).

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buy scrap cars for cash
buy scrap cars for cash