Buy Scrap Cars For Cash May 2026

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

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

: A copy of your Resident Registration Card, Passport, or Alien Registration Card (ARC). To legally sell or buy a scrap car

: Ensure you receive a Certificate of Car Scrap Takeover ( Pye-cha-jang ). : A copy of your Resident Registration Card,

: Verify they are registered with the Korea Auto Dismantlement Recycling Association (KADRA) .

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

: A copy of the motor vehicle's registration record issued within the past three days may be required by some facilities. The Scrapping Process