We get to report great news again, scrap car prices have risen this month! There has been a modest increase of 3% compared to the prices on offer in March, meaning April has seen the highest prices on offer for scrap cars in 2018 so far!
Scrap prices for cars are a whopping 41% higher than they were at this time last year. It’s brilliant to see the prices increasing each month, it looks as though prices could be levelling off and we may see them sustain into next month. However, due to the way that scrap metal prices fluctuate in line with global demand, there’s never any guarantee of the prices each month. If you have a car that’s ready to be recycled, now is a great time to make the most of the scrap car prices on offer.
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.
Scrapping your car with CarTakeBack is easy, you can take care of everything online and there’s a team of customer services staff ready to help if you need them. It’s easy to find out how much your car is worth, have your car collected, get paid for your scrap car and have the paperwork sorted – selling your scrap car is hassle free with us!
It won’t cost you a penny to get an instant quote for your car and there’s no obligation, simply enter your car registration and postcode using our online form, or give us a call. Plus, your quote is guaranteed for seven days, so if scrap metal prices do fall, your scrap car quote is still valid!