How to make profit from a junked car: When you buy a new car, there will be a profit of Rs 1.50 lakh, understand the complete math in the news

Regarding the scrap policy, most people are thinking that the car will be junk, the damage will be different. While it is not so at all. Suppose you are in Delhi. There you take your car to be scrapped. Then you will have two advantages. First you will get the Certificate of Deposit. With this, buying a new car will get a benefit of 5% on its ex-showroom price. Second, there will be no registration fee for that car.

How to make profit from a junked car: When you buy a new car, there will be a profit of Rs 1.50 lakh, understand the complete math in the news.Regarding the scrap policy, most people are thinking that the car will be junk, the damage will be different. While it is not so at all. Suppose you are in Delhi. There you take your car to be scrapped. Then you will have two advantages. First you will get the Certificate of Deposit. With this, buying a new car will get a benefit of 5% on its ex-showroom price.

That is, a discount of Rs 50,000 will be available on the ex-showroom price of the car and RTO fee of Rs 1 lakh will also be saved. That is, you will get a benefit of Rs 1.50 lakh. In Delhi, a car costing Rs 10 lakh or more attracts an RTO fee of 10%. Union Minister Nitin Gadkari has also launched the first unit of recycling old vehicles in Noida. This scrap center has been built by Maruti Suzuki and Toyota. 44 crore has been invested in this center spread over 10,993 square meters.