Scrap Car Price Update May 2024

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

May average scrap car price £250

The average price paid for a scrap car rose in May by 2%, that’s an extra £5 in the bank for anyone who scrapped a car in May. This modest increase is a positive sign after April saw the greatest loss and consequently the lowest average price so far this year. Early signs show the average price maintaining into June, more increases could be on the horizon as summer arrives.

Your car could be worth more than the average scrap price. Various factors contribute to the value of a car, including, the demand for metal and reusable car parts, plus the make, model, age, weight, condition, and even your location.

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 May

The Ford Focus remains at the top of the table as the most frequently scrapped car with CarTakeBack. After being the only vehicle to see a price rise in April, in May, the Ford Fiesta was the only car to decrease in value. Dropping considerably by 21%.

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

Make & ModelApril AverageMay AverageChange
Ford Focus£280£2883%
Vauxhall Corsa£217£2275%
Ford Fiesta£296£234-21%
Vauxhall Astra£221£2398%
Vauxhall Zafira£267£2753%

Check out previous scrap car price updates >

Is your car worth more than the average scrap price?

Get a free instant quote to find out if your car is worth more than scrap. Just enter your reg and postcode into our online form to see what your car is worth. We may ask you some simple questions about the condition of your car to help us get you the best price for it. All CarTakeBack quotes are valid for 7 days, so if the price of scrap falls during that time, you’ll still get the top value for your car!

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