With further Covid-19 related restrictions being announced throughout October across each of the countries in the UK, we were anticipating a potential disruption to the prices being offered for scrap cars, however we’re happy to report that October saw another increase. There has again been a 4% increase on prices compared to September, and prices were up a decent 17% compared to October 2019.
October’s scrap car prices reached the highest levels seen in 2020!
After six months of prices increasing and lockdown restrictions in England due to come in from the 5th November we’ll be keeping a close eye on prices throughout the month.
There are many factors that can influence the scrap value of your car, including the global demand for scrap metal, as well as the make, model, age, weight, condition, and location of your car.
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 common vehicle scrapped in October was again the Ford Focus. The average age of the Focuses scrapped was 16 years, and the average scrap price was £146, a small increase of £3 compared to the average price in September.
This month there’s been a change to the top five vehicles scrapped from September. October sees the Vauxhall Astra drop off the list and the Renault Clio make it into the top five.
There’s been some slight movements in the values of the top five cars scrapped compared to last month. This month the Ford Fiesta has seen the biggest increase, 11%, compared to September’s average value.
Tip: you can move this table side to side on mobile devices if required.
|Make & Model||Average Scrap Value September||Average Scrap Value October||Percentage Change|
Despite Covid-19 restrictions, CarTakeBack scrap car recycling centres are still able to safely collect cars across the UK, following the latest Government guidance on social distancing and hygiene. Collections will only be carried out when it’s safe to do so, for staff and for you.
To find out the value of your scrap car with CarTakeBack, just enter your vehicle registration and postcode into our online quote form and you’ll instantly see the scrap value of your old car. Or you can call our Customer Services Team for an instant valuation if you prefer. All CarTakeBack scrap car quotes are valid for seven days, so if scrap prices did fall throughout the week after your quote, you’d still get the best price for your car.