Despite recent political turmoil in the UK and continuing financial struggles across various sectors, scrap car prices have increased again. Giving customers the best prices for their scrap car is always important to us, especially when we know that money is tight for most of us given the increasing cost of living. A rise in prices this month will be welcome news if you’re ready to sell your car.
Scrap car prices in October were 2% higher than those in September. Prices were also up by 40% compared to October 2021, that works out at an increase of £98 year on year! It’s a great time to sell your scrap car as prices are on the up.
There are many factors that influence the scrap value of a car, such as the demand for scrap metal and reusable car parts, as well as the make, model, age, weight, condition, and even the location of your car.
Take a look at the last 12 months trend 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 was the Ford Focus. In October the average scrap value of a Ford Focus was £384! That’s an increase of 4% compared to the average value in August.
The only vehicle to see a reduction in its value is the Vauxhall Zafira, with just a 2% drop. The value of a Zafira is still above £400 though. The Ford Fiesta saw the biggest price rise. The 11% increase means an extra £32 for customers with a Ford Fiesta. It’s a good time to sell your old Ford Fiesta for scrap!
Tip: you can move this table side to side on mobile devices if required.
|Make & Model
Find out the scrap value of your car by entering your reg and postcode into our online form, you’ll see the best price instantly. We may ask some questions about the condition of your car to help us get you the best price available. When you get a quote with CarTakeBack it’s valid for 7 days. So if prices fall during that time, you’ll still get the top price for your scrap car!