Scrap car prices were stable throughout the first quarter of 2023, dropping by just £2 month on month. April has bucked the trend and we’ve seen prices rise for the first time in six months. Prices went up by 3% – that’s a £10 increase compared to March.
Though scrap car values were up month on month, they’re actually down by 1% compared to April 2022, which works out at just a drop of £4. It’s still a great time to take advantage of high scrap prices, and your car could be worth more than the average scrap price! Find out with an instant quote >
There are many factors that influence the scrap value of a car, such as the demand for scrap metal and reusable car parts, as well as the make, model, age, weight, condition, and even the location of your car.
Take a look at the last 12 months trend in the chart below.
About the CarTakeBack 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. We’ve taken into account that cars come in all shapes and sizes, which has an effect on their scrap value, the prices 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.
Each month in 2023, the most frequently scrapped car with CarTakeBack has been the Ford Focus. In April the average scrap value of a Ford Focus was £380. Despite the overall increase to the average scrap car price, the average price of a Ford Focus is down by 1%, just a £2 difference.
Of the top 5 cars scrapped, other than the Ford Focus all other vehicles saw an increase compared to last month. The Vauxhall Corsa saw the biggest rise, of 7%, that’s an extra £21!
Tip: you can move this table side to side on mobile devices if required.
|Make & Model
It’s quick and easy to find out the value of your car. Just enter your reg and postcode into our online form to see the best price instantly. We may ask some simple questions about the condition of your car to help us get you the best price. All quotes are valid for 7 days, so if prices fall, you’ll still get the best value for your scrap car!