Scrap Car Price Update January 2019

Posted on 31st Jan 2019 by Rebecca Currier Posted in: Latest News

The value of your scrap car is influenced by the global scrap metal market which fluctuates in line with demand. CarTakeBack track the latest prices on offer for scrap cars. Here’s our summary of scrap car metal prices in 2018 and we also take a look at the more recent values of scrap cars.

In 2018 we saw a great upwards trend in the price of scrap cars, particularly in the last quarter of the year with a huge spike to prices between October and November. However, scrap car prices have dropped slightly coming into 2019.

January 2019 saw the value of scrap cars take a slight drop of 4% compared to prices in December. That being said, scrap cars are still an impressive 86% higher than they were a year ago! So now could be a good time to sell your car for scrap.

Chart showing the change to scrap car prices in the last 13 months - Jan 2019

About CarTakeBack’s 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.

Check out previous scrap car price updates >

What’s your scrap car worth?

You can find out how much your scrap car is worth instantly with us at CarTakeBack. When you enter the make and model of your car and its location onto our quote form, we’ll instantly show you the valuation of your car. There is no obligation to accept your quote. Plus, if you need time to think, the price is guaranteed for seven days, so even if the price of scrap metal drops, you’ll still get the price we quote for your car! We’ll even collect your car from you if you sell it though CarTakeBack, it’s easy!

Get a scrap car quote >

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