After few months of reporting increases, this month the value of scrap cars has reduced. The scrap car prices have fallen by 4% in July compare to those in June. The prices currently on offer are still the second highest we’ve seen in 2019! Plus, despite this slight drop, the prices paid for scrap cars are still very good, with people getting a massive 78% more money for their car than they were getting this time last year!
Whilst we are still experiencing such fantastic prices, now is an ideal time to sell your scrap car, to avoid the risk of the value dropping further.
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.
To find out how much you’ll get paid for your scrap car, you just need to enter your car’s registration and your location onto our website, to see an instant quote on your screen. The quote we give you for your scrap car will be valid for seven days, so if the value does drop any further, you won’t lose out!