Scrap Car Price Update May 2020

Posted on 29 May 2020 by CarTakeBack

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During May Coronavirus lockdown measures have still been impacting our lives and businesses, after an expected fall in the prices being paid for scrap cars in April, this month has seen a welcome increase. Though we haven't picked up to pre-lockdown levels, scrap car prices were 6% higher than those last month. They were though 16% lower than those seen in May last year.

The CarTakeBack Customer Services Team are safely working from home and are able to make arrangements for you to sell your scrap car. Our drop-off service remains suspended, however collections are continuing, following the Government guidance on social distancing and hygiene. Collections will only be carried out when it is safe to do so, for both our staff and for you.

Further details of our guidance in relation to Coronavirus can be found here >

Scrap Car Prices May 2020

About CarTakeBack's Scrap Car Price Index

The CarTakeBack Scrap Car Price Index is a rolling monthly index covering the last 13 months. It's updated monthly using the prices paid for scrap cars at CarTakeBack recycling centres throughout the UK. The prices are shown as a percentage, using the first month as the base price.

We've taken into account that cars come in all shapes and sizes, which has an effect on their scrap value, by adjusting the prices to show what the average car would be worth. This means that the index gives a great indication of the movement in the value of scrap cars from one month to another.

Check out previous scrap car price updates >

To get a valuation for your scrap car, simply enter your reg and postcode into our instant quote form. You can arrange to have your car safely collected at a time to suit you.