Prices on offer for scrap cars in June fell by 2% compared to May. That equates to a £7 drop in the average value of a scrap car, making them the lowest prices seen in 2023. A decrease in the value of scrap metal and the value of catalytic converters is the main cause of this reduction in prices.
Prices are also down by 11% compared to June 2022, which is a £38 year on year decrease to the average value. With prices still above £300, and the value of cars varying depending on many factors your car could be worth above the average! Find out how much your car is worth with an instant quote >
There are many factors that influence the scrap value of a car, such as the demand for scrap metal and reusable car parts, as well as the make, model, age, weight, condition, and even the location of your car.
Take a look at the last 12 months trend 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.
June becomes the sixth month this year that the most frequently scrapped car was the Ford Focus. In June the average scrap value of a Ford Focus was £363.
Of the top 5 cars scrapped, all but the Vauxhall Astra and the Ford Fiesta saw a decrease compared to last month. The Vauxhall Zafira saw the biggest decrease of 7%. It’s good news if you own an old Ford Fiesta, as the value of them rose by 3%!
Tip: you can move this table side to side on mobile devices if required.
|Make & Model||May Average||June Average||Change|
It’s easy to find out the best scrap value for your car. Just enter your reg and postcode into our online form to instantly see what it’s worth. We may ask some simple questions about the condition of your car to help us get you the best price. Quotes are valid for 7 days, so if prices fall further, you’ll still get the best value for your scrap car!