Posted on Friday 28 February 2020 by CarTakeBack

There's good news to report in our Scrap Car Price Update this month. Prices paid for scrap cars in the Republic of Ireland have risen 3% when compared to January, which is very much welcome after the drop we experienced at the start of the year.

Comparing the value of scrap cars this month to the same time last year shows that prices are healthier than they were, being 8% higher than was being paid in February 2019.

Previous years have shown us that as we approach Spring, the value of scrap cars may rise, but that there is also a risk of another drop. So to get the most value out of your old car, now is a great time to sell it for scrap!

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.

Check out our previous scrap car price updates >

What's the value of my car when sold for scrap?

The value of your car when being recycled depends on many things, including the current demand for scrap metal on the global market. As demand rises and falls, so do the prices paid for the metal in your car. There are other factors involved, such as any reusable spare parts and the value of other materials in your vehicle, and all of these contribute to the final value of your old car.

CarTakeBack offers up to date prices for scrap cars, so you can be sure that when you get a quote with us, you’re getting the best price available at the time. The quote we give you is guaranteed for seven days, so if the value of your car does drop before you accept our offer, you'll still be getting the best money for your motor!

Get an instant scrap car quote >