A method of renovating and recycling a vehicle, comprises the steps of: (a) designing the vehicle, wherein the step of designing comprises the steps of: (a-1) determining a way of treatment, such as melting, crushing or renovating, for mach part of the vehicle; and (a-2) designing each part of the vehicle so as to form an easily disassemblable structure; (b) manufacturing the vehicle according to the design made in the step (a); (c) selling the vehicle with a limited usable period; (d) having the sold vehicle returned after the limited usable period has lapsed; (e) separating parts of the returned vehicle into those to be reused and those to be replaced with new parts; and (f) separating the to-be-replaced parts into those to be renovated or those to be processed into materials. In this ways since the way of treatment for each part of the vehicle is predetermined at the design stage, it is ensured that all the parts can be properly recycled, to thereby substantially eliminate the discarded waste.