As we say goodbye to summer and the temperatures starts to drop, unfortunately so has the average value of scrap cars. Though the scrap prices paid in September are 2% lower than they were in August, the decline has slowed down compared to the 4% drop that happened last month.
Despite the slight decline in September, prices are still an impressive 44% higher than they were in September 2018. Meaning that if you need to scrap your car, you’re still likely to get a decent price.
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.
To find out how much your car is worth, you just need to enter your reg and location onto the CarTakeBack website, where the value will appear instantly on screen! From there, you can accept the quote and arrange to drop your car off, or have it collected. The process is simple, and we’ll give you the money for your scrap vehicle without any haggling!
The quote we give you for your scrap car is valid for seven days, so if the value does drop between you getting a quote and accepting, you don’t need to worry!