Scrap Car Price Update February 2024

Posted on 4th Mar 2024 by Rebecca Currier Posted in: Latest News

February average scrap car price £266

After starting the year off with a decrease, we welcome an increase to scrap car prices in February! The average value of a scrap car is up by 4% compared to January, making the average amount £266. It comes somewhat unexpectedly as the cost of living crisis continues to impact the industry. Make the most of the increase to prices and get a quote for your scrap car. It could be a great time to cash in!

Your scrap car could be worth much more than the average as various factors contribute to the value of it, including, the demand for scrap metal and reusable car parts, plus the make, model, age, weight, condition, and even your location. For example in February, the average value of a Ford Focus (which was the most frequently scrapped car) was worth £300 on average.

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.

Top cars scrapped in February

In February there was no change to the top five makes and models being scrapped. The values all saw an increase except the Renault Clio. The Ford Focus remained in the top spot with an average scrap value of £300 – that’s £34 above the general average.

Tip: you can move this table side to side on mobile devices if required.

Make & ModelJanuary AverageFebruary AverageChange
Ford Focus£290£3003%
Vauxhall Corsa£219£2326%
Ford Fiesta£262£29011%
Renault Clio£216£209-3%
Vauxhall Astra£235£2496%

Check out previous scrap car price updates >

What’s the scrap value of your car?

Just enter your reg and postcode to find out instantly how much your car is worth. You may be asked some simple questions about the condition of your car to help us get you the best price for it. CarTakeBack quotes are valid for 7 days, so if scrap prices fall during that time, you’ll still get the best value for your car!

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