CarTakeBack provides the latest car price update for September 2020 which shows an increase in scrap car value
This month CarTakeBack.com is reporting that, despite the current uncertainty around the increase in cases of Coronavirus cases in the UK, the value of scrap cars actually increased! In September, scrap car prices were up 4% compared to August, and up 6% compared to September 2019. With the pandemic still impacting our lives and businesses, there’s no telling how the coming months could pan out in terms of scrap car prices.
Top Cars Scrapped in September
This month there was no change to the top three most commonly scrapped cars. The Ford Focus, followed by the Vauxhall Corsa and Ford Fiesta.
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 the UK. 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.