Cash Program

Vehicle Scrapping and Compensation Conditions Cash loan facilities

What is the Cash Plan?

“Cash Plan” refers to a program in which the buyer can purchase a product or service—such as a carentirely in cash, without using any loans or financing options. In the automotive industry, the cash plan is typically offered alongside installment or leasing plans.

Cash Plan Consultation Form

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Which vehicles are eligible for scrapping?

Check here everything from age and technical condition to air pollution and required documents.

Vehicle Age

Vehicles that have exceeded a specific period (e.g., 10 years) from their manufacturing date are eligible for scrapping.

Usage Duration

Vehicles that have exceeded a certain mileage limit are eligible for scrapping.

Air Pollution

Vehicles that do not meet environmental standards and produce excessive pollution must be scrapped.

Vehicle Mechanical Condition

Vehicles with major defects—such as engine failure, brake malfunction, or suspension system issues—are eligible for scrapping.

Required Documents

The vehicle owner must provide documents such as the vehicle registration card, ownership certificate, and other legal documents required for the scrapping process.

Debt Settlement and Vehicle Seizure

To proceed with the scrappage process, the vehicle must be free of any outstanding debts or legal seizures. It must be fully clear and unrestricted.

Determining Vehicle Obsolescence Age

Reviewing the Key Criteria for Identifying Vehicles Eligible for Scrappage

What Factors Contribute to Vehicle Obsolescence?

The obsolescence age of a vehicle depends on various factors, which may include the following:

Usage Duration

The vehicle’s age is calculated from its manufacturing date, and the longer the time passed, the higher the likelihood of obsolescence.

Mileage Traveled

The distance a vehicle has traveled is an important factor in determining obsolescence. Vehicles with higher mileage typically experience greater wear and tear.

Maintenance and Periodic Servicing

The quality of maintenance and repairs performed on a vehicle greatly affects its lifespan and degree of obsolescence. Vehicles that receive regular servicing generally have a longer lifespan.

Usage Conditions

The type of vehicle usage is also important. Vehicles used under harsh conditions or heavy traffic may experience obsolescence more quickly.

Build Quality

The quality of the parts and materials used in manufacturing a vehicle also affects its obsolescence age. Vehicles of lower quality tend to become obsolete sooner.

Weather Conditions

The weather conditions of the region where the vehicle is used can also impact the vehicle’s obsolescence.

Required Documents for Vehicle Scrappage

Cash Program

Cash Program