Scrap car price update February 2017

Posted on 28 February 2017 by CarTakeBack

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After a healthy start to the year, scrap car prices dropped dramatically throughout the month of February, falling 10% on the CarTakeBack price index. This came as no surprise as it followed the predictions that we made in last month's update.

This puts the prices currently being paid when you scrap your car at 158% on our index - that's 58% higher than the same time last year.

But there could be good news on the horizon as in the last few days we have seen prices begin to creep up. As is always the case in this variable scrap metal market, we don't know for sure whether scrap car prices will continue to increase, or as we saw a month ago, whether we'll experience another sudden fall.

 

About the CarTakeBack Scrap Car Price Index

Take a look back at January's scrap car price update 

For an up to date valuation of your car as scrap metal, simply tell us your registration, so that we can identify your car, along with your postcode, so that we know where you are within the country.

We'll give you a free, instant, no-obligation quote for your scrap car. And the best bit is that your quote is valid for seven days, so if prices were to fall even further, you'll be in the pound seats.

Your car could even be worth much more than scrap if it has plenty of re-usable parts or could be returned to the road - just let us know what condition it's in and we'll give you our best price.

Take a look at March's scrap car price update 

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