Scrap car price update April 2016

Posted on 28 April 2016 by CarTakeBack

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In last month's update we commented on the continued decline of scrap car prices across the UK. This April however, we can clearly see a 3% increase compared with the previous month of March. This would appear to support the recent industry speculation that due to greater demand from foreign steelworks, prices could now be on the increase. The sceptics amongst us would of course be quick to point out that we experienced a similar increase of 2% back in December, only for prices to then continue to fall further.

One thing is for sure though, we have a long way to go before we're back up to the levels we saw this time last year, which were 64% higher than where we are today.

UK scrap car values from April 2015 to April 2016

About the CarTakeBack Scrap Car Price Index

To find out exactly what your car is worth, no matter where you live in the country, all you need to do is tell us your registration and postcode. If your car still runs or there are any parts that can be removed and sold, it's likely to pocket you more than just scrap value.

Take a look at May's scrap car price update 

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

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