Essential information for end of life vehicle dismantling, depollution and recycling

Adam Hewitt
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CarTakeBack Scrap Car Price Update April 2021

Cartakeback report an 86% increase in scrap car prices compared to the same time last year

 

CarTakeBack Scrap Car Price Update April 2021 feat

CarTakeBack report another bumper month for scrap car prices. After a stable start to the year, there have been increases over the last two months to the network’s prices. April saw a decent increase of 7% compared to the average values in March.

A great improvement compared to this time last year when, as the impact of Covid lockdowns hit, they were reporting a 24% decrease year on year and a 17% decrease compared to the previous month. This April, prices were up a huge 86% compared to April 2020!

Top Cars Scrapped in April

The top scrapped car with CarTakeBack in April was again the Ford Focus, as it has been for the last ten months. The average scrap price for a Ford Focus increased by a considerable 15% compared to March 2021 and by a huge 127% compared to April 2020! This year on year increase again highlights the impact that the uncertainty the initial Covid lockdown had on the industry.

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.

Visit www.cartakeback.com

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.