According to the latest CarTakeBack scrap car price update, prices ended on a high for 2021.
ATF network, CarTakeBack, report that scrap car prices ended the year on a high. With the exception of some months in the summer of 2021, prices from the ATFs in the network have been on the up throughout the year. The modest 3% increase in December beat all previous months’ prices, with another increase to end the year with the highest prices reported by CarTakeBack.
Prices on offer at the network were also up compared to December 2020, by 38%. The New Year feels more positive in terms of life moving beyond the uncertainties of the pandemic, which could solidify these strong prices throughout at least January.
Top Cars Scrapped in December
Making it 18 months at the top spot, the Ford Focus, was again the most frequently scrapped car at CarTakeBack ATFs across the country in December. The average value of a Ford Focus with the network’s ATFs increased by 2% compared to November.
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.