Scrap Car Price Update January 2020

Posted on 31st Jan 2020 by Rebecca Currier Posted in: Latest News

Time for the first scrap car price update of 2020. There has been a fairly dramatic drop in the value of scrap cars in Ireland this January, which does actually follow January 2019 when we also saw a fall in prices. The 13% drop seen this month is the biggest we’ve seen to scrap car metal prices. It’s not all bad news though, as the prices paid for scrap cars are 11% higher than they were a year ago. So you’re still getting better value for your scrap car.

Prices may level out as we go into February, but in case of any further drop, our prices are valid for seven days, so now is a great time to get a quote for your scrap car.

Chart showing the change to scrap car prices in the last 13 months - Jan 2020

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.

Check out previous scrap car price updates >

How do I work out the value of my scrap car?

When it comes to working out how much money you can get for your scrap car, CarTakeBack take all the guesswork out of it. Just enter your registration and the car’s location on our instant quote form to find out how much your car is worth right now.

There is no need to be worried about any further drop in value coming up, as CarTakeBack will guarantee the quote for seven days!

Get an instant quote for your scrap car >

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