May’s average scrap car prices bounce back after the small dip in April. Prices are also considerably higher than those on offer in May last year!
May saw prices increase by 1% compared to those in April. Although it’s not a huge increase, it does put prices closer to the highest seen during February this year. Year on year, the average value is up considerably, an increase of 82% compared to May 2021, which equates to prices being €132 higher! With scrap car prices still higher than they were for much of 2021, it’s a great time to cash in with your old car.
The average value of a scrap car is influenced by factors such as, the global demand for scrap metals, any reusable parts, plus the make, model, age, weight, condition, and even 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 Ireland. 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.
For the 23rd consecutive month, the most frequently scrapped car with CarTakeBack in Ireland was the Ford Focus! The average scrap price for a Ford Focus in May was €284.
We make it easy to sell your scrap car. No matter what make and model your car is, you can get a free instant quote online – find out how much your car is worth >
Tip: you can move this table side to side on mobile devices if required.
To find out how much your scrap car is worth, enter your reg and address into our online form and 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 for it. All scrap car quotes are valid for 7 days, so if prices did fall during that time, you’ll still get the best scrap value for your car!