Scrap Car Price Update August 2018

Posted on 31st Aug 2018 by Rebecca Currier Posted in: Latest News

We’re nearing the end of a glorious summer but the weather is still holding up, as are scrap car prices! In August we’ve seen very little difference compared to the prices on offer for scrap cars in July. Plus the prices are 22% higher than this time last year. That’s brilliant news if you’ve got a car to sell for scrap.

There is the potential that the prices we’re currently seeing could carry through into the autumn, however, we can’t make any promises as the demand for scrap metal across the globe influences the prices paid for scrap cars and there’s no telling when demand could drop and prices could fall.

Now could be the right time for you to sell your car for scrap metal, whilst we’re seeing prices maintain!

Chart showing the last 13 months of scrap car prices

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 >

Want to know what your car is worth as scrap? It’s easy with CarTakeBack!

CarTakeBack can tell you how much your car is worth as scrap instantly. We just need to know your car registration and postcode, you can enter your details online, or give our lovely customer services team a call! You’ll find out the value of your car as scrap straight away, then you’ll have the option to drop your car off, or if your car isn’t driveable or it’s easier, you can arrange to have it collected at a time to suit you. It’s a free, no obligation quote, and the prices are saved for 7 days, giving you time to think it over. Plus, if scrap metal prices did fall, you’d still get the current quote value for your car.

Is your car not ready to scrap? We buy all kinds of cars!

As well as buying scrap cars, we also buy cars that are still roadworthy, and cars that can be broken for parts. Whether your car has failed it’s MOT, broken down, been in an accident, or is just a bit old, you can still find out what it’s worth with us. Our instant car quote process is the same as it is for scrap, just enter your car registration and postcode, and we’ll value your car.

Get a free instant quote for your car now >

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