April has seen uncertain times as Coronavirus lockdown measures impact our lives. After a steady increase throughout the start of the year, this month we saw an expected, though quite dramatic, drop in the prices being paid for scrap cars. Scrap car prices in April were down 31% compared to the prices last month, the biggest drop we’ve seen. Prices were 17% lower than those seen this time last year.
The CarTakeBack Customer Services Team are safely working from home and are able to make arrangements for you to scrap your car. Our drop-off service remains suspended, however collections are continuing, following the Government guidance on social distancing and hygiene. Collections will only be carried out when it is safe to do so, for both our staff and for you.
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. 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.
CarTakeBack find you the best prices available for your scrap car via our online quote system. Simply enter your car’s registration and your address onto our online scrap car quote form, to see the value of your scrap car, instantly!
The price we quote is valid for 7 days, so if the value of scrap cars does drop further whilst you are making the decision to accept our offer, there’s no need to worry.