The festive month of December saw scrap car prices settle, with a 1% increase in prices compared to November. The prices for scrap cars are still really good, as what’s being paid is 42% higher than what was being paid in December 2017!
If you’re thinking about having a clear out to start the new year, and your car is cluttering up your drive, now is an ideal time to sell it. The prices are currently stable, but as the market gets going again in the first weeks of January after the Christmas break, the price of scrap metal could fluctuate.
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.
With the scrap car prices depending on the scrap metal market, the amount your car is worth can change from one week to the next. To find out what your car is worth today, just enter your registration and your postcode in our instant quote form, and you’ll see the price right away. There’s no need to worry if you need a bit of time to think because when you get a quote for selling your scrap car with CarTakeBack, the price we quoted you will be saved for seven days.
As well as scrap cars, CarTakeBack buys cars that have plenty of life left in them. If your car isn’t ready for the scrap yard, you can see how much you’ll get for it with our instant quote form. So if you’re changing cars, or have just had your car fail it’s MOT, or if it’s been in an accident, we can take it off your hands. We’ll even collect it from your house or the mechanic.