The damp weather certainly hasn’t affected the scrap market, as prices paid for scrap cars have continued to rise in Ireland this month. Increasing by 10% since May, and the value of scrap cars is a massive 85% up compared to this time last year. We haven’t seen prices this good paid for scrap cars in a very long time, if ever!
Prices may start to maintain as we move into July, but as the value of scrap vehicles is currently so high, now is a great time to scrap your car and make a bit of cash for the summer holidays.
The CarTakeBack Scrap Car Price Index is updated monthly using the prices on offer for scrap cars at CarTakeBack recycling centres throughout Ireland. It is intended to give an indication of the movement in the price from one month to another, with the prices being shown as a percentage. Cars come in all shapes and sizes which has an effect on their scrap value, so prices have been adjusted to show what the average car would be worth.
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 Ireland. 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.
The value of scrap metal changes based on global demand. CarTakeBack branches monitor the scrap metal market and price cars based on various factors including their make, model, and weight, giving you the best value for your scrap car at the time you choose to recycle it.
With our online scrap car quote service, you can find out how much your scrap car is worth instantly. By telling us the registration and location of your car, we’ll show you the price for your car on screen, which we will then guarantee for seven days. This means that if you need a bit of time to think, you don’t need to worry about any drop in the scrap value of your car.