CarTakeBack provides the latest scrap car prices for November 2024.

November saw a decline in scrap car prices, bringing average values to the lowest level recorded in 2024. After a brief period of recovery in October, the average price for a scrap car dropped by 2%, settling at £235. This downward trend continues to impact car owners looking to scrap their vehicles, with some models retaining slightly better value than others.
One standout performer was the Ford Focus, which remained the most frequently scrapped vehicle with CarTakeBack. Despite the market-wide dip, the Focus offered owners an average scrap value of £253, over 7% higher than the general average for November. This meant an additional £18 on average for those parting ways with their Focus.
Below, we explore the trends in scrap car values, highlight the performance of the top scrapped cars, and provide insights from the CarTakeBack Scrap Car Price Index.
November Scrap Car Price Trends
The 2% decrease in the average scrap car price brought it down from October’s brief recovery level to a new low for the year. This marks a challenging time for the scrap car market, with fluctuating values reflecting broader economic and market conditions.
The Ford Focus, despite its high frequency of scrapping, experienced a 6% drop in value from October to November, returning to its September valuation. Other popular models also saw declines:
Among the top five scrapped cars, the Vauxhall Zafira held steady, maintaining its October valuation of £277. Other models, such as the Vauxhall Astra, experienced more significant drops, with a notable 13% decline from the previous month.
Insights from the CarTakeBack Scrap Car Price Index
The CarTakeBack Scrap Car Price Index provides valuable insights into trends in scrap car values. By analyzing prices paid at CarTakeBack recycling centers across the UK, the index tracks the movement in average car values over the last 13 months. This comprehensive approach factors in variations in car sizes and weights to provide an accurate reflection of the market.
November’s data highlights the continued volatility of the scrap car market. While some models, like the Zafira, remain stable, others, such as the Astra, face significant value reductions. For car owners considering scrapping their vehicles, timing and model-specific trends remain key factors in maximizing returns.
As we approach the end of 2024, all eyes are on whether the market will recover in December or if these record-low prices will persist into the new year.
Source www.cartakeback.com



