CarTakeBack provides the latest scrap car price index for June 2021, which sees a 74% increase on the same time last year.
CarTakeBack reports a further increase to the average value of a scrap car from their network of ATFs, the highest values seen this year. Making it the 13th month in a row that they’ve reported an increase to prices.
In June, prices were up a considerable 74% compared to June 2020, and month on month, prices increased in June by 5%, compared to May.
As Covid restrictions look set to ease and with such a bumper first half of the year for scrap prices, it’s unknown as to whether prices will continue to increase further into the summer months. We look forward to seeing how things unfold.
Top Cars Scrapped in June
The most scrapped car at CarTakeBack ATFs in June was again the Ford Focus, as it has been for the last twelve months. The average scrap price for a Ford Focus increased by 6% compared to May 2021.
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.