As the Coronavirus pandemic continues to impact our lives we’ve seen another drop to scrap car prices this month. Though thankfully the drop wasn’t as dramatic as the one seen in April. Scrap car prices in May were down 9% compared to the last month. Prices were a fair amount lower than those seen this time last year, at a reduction of 38%.
The CarTakeBack Customer Services Team are still safely working from home and are able to make arrangements for you to sell your scrap car. Collections of scrap cars are continuing safely, following the Government guidance on social distancing and hygiene. Scrap car collections will only be carried out when it is safe to do so, for both our collection staff and for you.
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.
We’ll find you the best prices available for your scrap car with our online quote system. To find out the value of your scrap car, just enter your car’s registration and your address into our online scrap car quote form, you’ll see the best scrap car price instantly!
The scrap car price we quote is valid for 7 days, so if the value of your car does drop whilst you are making the decision to accept our offer, there’s no need to worry, you’ll still get the best price.