After six consecutive months of decline, November sees an increase to the average value of a scrap car! Prices paid for scrap cars rose by 2% in November, that’s a modest increase of £6. The average age of cars scrapped in November was 17 years – that’s a year older than those in October, seemingly we’re keeping our cars on the road for a bit longer.
As prices on average rise by 2%, you could get even more cash in the bank for your car! The price of a scrap car is based on numerous factors such as, the demand for scrap metal and reusable car parts, as well as the make, model, age, weight, condition, and even your location, these all impact on the value of your car.
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.
The most frequently scrapped car with CarTakeBack is the Ford Focus. In November the average scrap value of a Ford Focus was £292. It’s a great time if you’re the owner of an old Vauxhall Astra, the value of those has increased by 5%!
Tip: you can move this table side to side on mobile devices if required.
|Make & Model
To find out the value of your scrap car, just enter your reg and postcode on our website. We may ask some simple questions about the condition of your car to help us get you the best price for it. CarTakeBack quotes are valid for 7 days, so if prices fall during that time, you’ll still get the best scrap value for your car!