CarTakeBack provides their latest scrap car price update for December 2020.
After a year of COVID-19 restrictions, December saw a subdued festive season for us all. During 2020, the CarTakeBack network was able to maintain their service throughout the various restrictions across the UK. To see off the end of a difficult year for many, CarTakeBack had some good news, December saw the highest average scrap car prices of the year! Making it the eighth consecutive month to show an increase to the average scrap car value.
Prices were up by 6% compared to November and compared to December time last year, they’re up a considerable 16%.
Top Cars Scrapped in December
For the sixth consecutive month, the Ford Focus was the most common vehicle scrapped by the network.
There’s been no movement in the top cars scrapped compared to last month, again the Ford Focus was closely followed by the Vauxhall Corsa and the 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.