# Rising scrap metal prices boost income for charities from donated cars

- Link: https://fundraising.co.uk/2011/01/24/rising-scrap-metal-prices-boost-income-charities-donated-cars/
- Published: 2011-01-24T14:46:59+00:00
- Author: Howard Lake

**The rising price of light iron, the main material component of cars, should benefit
charities in whose names cars are donated, according to car donation service Giveacar.
Last month the price rose by almost 25%, according to the not-for-profit social 
enterprise.**

Giveacar, established 12 months ago, arranges the scrappage of old and unwanted 
vehicles at Authorised Treatment Centres across the country. The “vast majority 
of the proceeds accrued” by the scrappage are then given to the donor’s charity 
of choice. The scheme has already raised more than £250,000 for participating charities.
So far it has processed more than 2,000 cars for salvage or scrap, and 200 charities
have joined its scheme.

Tom Chance, Director of Giveacar, commented on the price rise: “It has… helped us
to grow our scheme and benefit the charity sector in a much bigger way. We would
urge anyone with a large hunk of metal to get rid of to find out the value before
giving it away. If it’s a car, come to us and we’ll turn it into a donation to charity.”

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www.giveacar.co.uk

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