In recent months we’ve been reporting in our updates that the prices on offer for scrap cars have been steadily increasing month on month. July was no exception to this, we’ve seen the prices go up again, which is welcome news if you’re ready to sell your car for scrap.
In July, the prices available to people selling their car for scrap were 5% greater than the prices in June. July has remained at the same as we reported last month, 92% higher prices than this time last year. This means they’re the best prices we’ve seen so far this year!
Scrap car prices look as though they could be set to sustain, though with the ever changing scrap metal market we can’t be certain of this. Earlier this year in February prices fell sharply and this could happen at any time, so make the most of the healthy prices and sell your car for scrap today.
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 >
If you’re ready to sell your car, we make it easy for you. Simply tell us your car registration and your postcode to get a free, no obligation quote for your car, instantly!
We guarantee your quote for seven days, so if prices did decrease over that period, you can still get the price you were originally quoted for your car. Plus, if your car is roadworthy, has parts that are reusable, or is worth more than the current scrap metal value, you could get a better price! Just let us know a few more details about the condition of your car and we’ll find you the best price on offer for it.
