Drivers miss out on £52 million a year by not scrapping their cars through legitimate breakers said recycleyourcar.co.uk.
According to the end-of-life-vehicle (ELV) initiative, legal yards will pay owners about £50 for a car. But it is estimated that fewer than half of the two million vehicles that were scrapped last year were taken to registered facilities.
Reccyleyourcar.co.uk has warned drivers not to fall prey to cowboy operators, who it said were taking advantage of rising metal prices and offering lower prices for old cars.
Spokesman Simon Palmer commented: The fact that car owners can make a small profit by correctly recycling their old car is yet another reason for drivers to make sure they know how to dispose of their vehicle in line with the law. However, drivers do need to be aware that the price they are paid is dependent upon the climate of the metals market at the time and the weight of their vehicle.