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.
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