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

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CarTakeBack Scrap Car Price Update April 2022

ATF network CarTakeBack, report record-breaking scrap car prices in April. Prices from the networks’ ATFs have been on the up throughout the year so far, each month breaking the previous month’s record and April was no exception.

 

CarTakeBack Scrap Car Price Update April 2022 f re

In April the average price for a scrap car was 9% higher than the prices on offer in March! As well as increasing month on month, scrap car prices were up by 49% compared to April 2021. With an uncertain climate and high costs of living impacting the UK, scrap prices could be affected during May.

Top Cars Scrapped

The Ford Focus was again the most frequently scrapped car at CarTakeBack ATFs in April. The average value of a Ford Focus with the network’s ATFs increased by 9% in April compared to March. 

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.

CarTakeBack has 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.

See CarTakeBack’s Scrap Car Price Update for Q1 2022

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.