After two months of reporting slight decreases to the average price being paid for a scrap car, a year since the initial Covid lockdown, March saw a considerable increase to prices, both month on month and year on year. The average price compared to February was up by 19% and compared to March last year it was up by a whopping 79%!
The value of your scrap car depends on the global demand for scrap metal, as well as the make, model, age, weight, condition, location of your car.
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.
For the eighth consecutive month, the most common vehicle scrapped at CarTakeBack branches across Ireland was the Ford Focus. The average value of Ford Focuses increased by a modest €10 to €155 compared to the average of €145 in February.
Though the top spot is still being held by the Ford Focus, March has seen a couple of changes to the others that make the top five list of cars being scrapped with CarTakeBack. The Peugeot 206 and Toyota Corolla drop off the top five list, to be replaced by the Nissan Almera and the Ford Fiesta.
Tip: you can move this table side to side on mobile devices if required.
Scrap car collections are still safely happening across the country, staff are following the latest Government guidance on social distancing and hygiene. If you have any questions about having your car collected, please get in touch.