This November we’ve witnessed yet another new high for 2017, with prices rising 4% since September to reach 179 on our index (that’s almost 80% higher than the same time last year). Aside from a blip during February earlier this year, prices have risen at a steady level. The question is whether prices will continue to creep up or whether now is the best time to cash in on that old banger.
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.
While the CarTakeBack Scrap Car Price Index tells you how the prices being paid for scrap cars varies over time, there’s no better way to find out exactly how much your car is worth as scrap, than to get an instant quote for your old car.
It takes seconds to type in your car registration and postcode, which we’ll then use to show you the best scrap prices on offer in your area.
Not only is it free, but the best bit is we’ll guarantee the price for seven days! So if scrap prices do take a nosedive, you can relax knowing your quote is safe. Enter your reg number and postcode now >
If your car has plenty of life left in it or some parts that can be re-used – fear not! We’ll ask you a few more details about your car and its condition so that we can tell you exactly what it’s worth!