Scrap car price update January 2017

Posted on 31 January 2017 by CarTakeBack

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With prices being a massive 61% higher than the start of last year, we begin 2017 on a good footing. Prices remained at a fairly constant level throughout most of January and have in fact resulted in a small but healthy 2% increase over December.

However, in recent days we've witnessed some alarming drops in several areas of the country. Many within the industry are wary that this could be the start of a free fall back to the levels we saw ten months ago.

The more cautious car owners preparing to dispose of their old car, who are holding out for the best price, may be well advised to do a deal before prices fall any further.

 

About the CarTakeBack Scrap Car Price Index

With all quotes guaranteed for seven days, it makes sense to enter your registration and postcode into the CarTakeBack website, to get an instant quote for your old car. Then, if prices do continue to fall, you'll be in a safe position.

We'll even tell you if your car is worth more than scrap as we buy used cars as well as scrap cars.

Check out our monthly scrap car price updates see our monthly price updates

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