We’re happy to report good news again this month, the strong start to the year has continued into the spring and scrap car prices in March have risen for the fourth consecutive month! There has been a slight increase of 4% compared to last month’s prices.
Scrap car prices are also higher than they were in March last year by 33%. Whilst there’s signs that the prices may sustain into next month – due to the way that scrap metal prices change in line with demand, there’s no guarantee that prices will remain at this level. If you’ve got a scrap car to sell, we’d suggest making the most of the prices currently on offer by scrapping your car now!
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.
CarTakeBack takes the hassle out of scrapping your car – from finding out how much your car is worth, having your car collected, to getting the money in your bank and having the paperwork sorted – selling your scrap car is easy!
It’s free to get a no obligation quote for your car, all you need to do is enter your car registration and postcode using our online form, or give us a call and we’ll use those details to instantly tell you the value of your scrap car. Plus, we even guarantee your quote for seven days, so if metal prices did fall, your scrap car quote is still valid.