Scrap car price update June 2016

Posted on 30 June 2016 by CarTakeBack

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The rate of growth that we reported in our previous monthly update at the end of May, has all but levelled out in June. Last month was almost on par with June (just a 1% increase month on month) and so our apprehension about whether scrap car prices would continue to rise was well founded.

Taking a step back at the wider picture, our index shows that the prices currently being paid for scrap cars are still massively down (57% lower) compared with this time last year.

At this present moment in time, whilst there aren't any concrete predictions, if we do see any increases in the short term, they're expected to be small.
UK scrap car values from Jun 2015 to Jun 2016

About the CarTakeBack Scrap Car Price Index

You can find out how much your car is worth in your area by entering your registration and postcode to get an instant price. If it has some salvageable parts, it could be worth more than the scrap metal value alone.

Take a look back at July's scrap car price update

Take a look back at May's scrap car price update

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