The average price on offer for a scrap car fell in April by 8%, making it the greatest reduction in value in the last 12 months. This loss to prices is contributed to by the demand for scrap metal being reduced. According to Fastmarkets, “demand has fallen from UK steel mills”. Various industries use scrap metal, including electronic, automotive and construction. Changes within these sectors can impact the scrap metal industry and ultimately the value of your old car.
Despite the drop to the average value, your car could be worth more. Various factors contribute to the value of it, including, the demand for reusable car parts, plus the make, model, age, weight, condition, and even your location.
Take a look at the trend over the last 13 months 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.
April sees the Ford Focus remain in the top spot as the most frequently scrapped car with CarTakeBack. Only the Ford Fiesta saw an increase to its average value, rising by 2%, that’s an extra fiver in the bank for owners of scrap Fiestas.
Tip: you can move this table side to side on mobile devices if required.
| Make & Model | March Average | April Average | Change |
|---|---|---|---|
| Ford Focus | £312 | £280 | -10% |
| Vauxhall Corsa | £223 | £217 | -3% |
| Ford Fiesta | £291 | £296 | 2% |
| Vauxhall Astra | £244 | £221 | -9% |
| Vauxhall Zafira | £284 | £267 | -6% |
Check out previous scrap car price updates >
To find out how much your car is worth, just enter your reg and postcode. We may ask you some simple questions about the condition of your car to help us get you the best price for it. All CarTakeBack quotes are valid for 7 days, so if scrap prices fall during that time, you’ll still get the best price for your car!
