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The Vehicle Scrappage Policy was notified by MoRTH (Ministry of Road, Transport and Highways) in Sept. 2021, aiming to replace old vehicles with modern & new vehicles on Indian roads. According to the new policy, commercial vehicles aged >15 years and passenger vehicles aged >20 years will have to mandatorily go for fitness test and if it fails, then to be treated as End-of-Life vehicle which will have to be scrapped through a RVSF (Registered Vehicle Scrappage Facility). Further, this policy also draws several incentives and dis-incentives for scrapping or continuing with the older vehicles
Re.Wi.Re provides an end-to-end, hassle-free experience that includes a highly competitive price, free vehicle pick-up, automated RTO de-registration, and lawful dismantling according to government policies. We assist you in securing the official Certificate of Deposit required to claim new vehicle purchase incentives. These exclusive benefits can only be fully unlocked through authorized channels; all Re.Wi.Re franchise partners are licensed RVSF holders operating in strict compliance with the National Vehicle Scrappage Policy.
Scrapping your vehicle at an authorized RVSF unlocks valuable government incentives toward buying a new vehicle:
- Zero Registration Fee:Complete waiver of registration fees for the new vehicle purchase.
- Scrap Payout:A cash payout equivalent to 4% to 6% of the ex-showroom price of a new vehicle.
- Road Tax Rebate:State governments can grant a road tax concession of up to 25% for personal vehicles and up to 15% for commercial vehicles.
Note: These specific tax and fee incentives are legally restricted to sellers who hold a valid Certificate of Deposit, which can only be issued by licensed RVSF operators.
The process is completed in a few quick steps:
- Online Valuation:Share a few details about your car or truck on our website to receive an instant online valuation in less than 10 seconds.
- Doorstep Evaluation:Get a Call Back to schedule a physical evaluation at your preferred date, time, and location.
- Agreement & De-registration:Once pricing is agreed upon, the formal de-registration process is initiated.
- Payment & Pick-up:After successful de-registration status is reached, you receive your payment, and the vehicle is picked up by the Re.Wi.Re franchise.
- Original registration certificate
- PAN card of registered owner
- KYC of registered owner (Aadhar card OR Passport OR Voter ID of registered owner)
- Address Proof
- Vehicle Ownership proof
- Cancelled cheque of registered owner/Bank details with IMPS facility
- Loan closure certificate or NOC
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