We ended the year on a slight increase which tipped scrap car prices over €290. The start of the new year sees the average price drop by €5, or 3%. It’s an unsurprising start to the year as the cost of living crisis continues and scrap prices are impacted.
Despite prices dropping by 2%, your car could be worth much more than the average value. In January the average price of a Ford Fiesta bucked the trend and increased in value by 9% – that’s an extra €25 in the bank for Fiesta owners.
The demand for scrap metal and reusable parts, as well as the make, model, age, weight, condition, and even the location of your car, all have an impact on how much a car is worth.
Take a look at the last 13 months in the chart below…
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. We’ve taken into account that cars come in all shapes and sizes, which has an effect on their scrap value, the prices 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.
In 2023 the Ford Focus was the most frequently scrapped car every month – January begins the year with the same trend! In January the Ford Focus average scrap price was €287 which is the same as in December too. Despite seeing a fall in the general average price paid, two of the top list have seen an increase – great news if you have a scrap Mondeo or Fiesta to cash in on!
Tip: you can move this table side to side on mobile devices if required.
|Make & Model
To see how much you can get for your scrap car, just enter your reg and Eircode into our online form. Your quote will be valid for 7 days, so if prices decrease during that time, you’ll still get the best price for your scrap car!