CarTakeBack provides the latest scrap car prices for January 2020.
CarTakeBack’s latest review of scrap car prices has seen that the start of 2020 has had no major upsets and also, no major rises to scrap car prices. In fact, scrap car prices on offer in January 2020 were around the same as those seen through much of 2019, just 1% lower than the average scrap metal prices that CarTakeBack reported at the end of last year.
Prices are however also slightly lower than those seen this time last year. So as 2019 was relatively stable, except for a dip in the autumn, this year could be off to a similar steady start.
As SMMT announced this month that the most popular car colour is now grey, we’d looked back at which was the most popular colour car that we scrapped in 2019. The majority of cars that our customers sold for scrap were silver. Looking back at SMMT data CarTakeBack saw that, 15 years ago (the average age of a scrap car), the most popular colour for new cars was, no surprise, of course, silver! It had a good run as being the nations favourite car colour too, from 2000 to 2008 it was the top choice.
About CarTakeBack’s 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 ATFs throughout the UK. The prices are shown as a percentage, using the first month as the base price.
CarTakeBack takes 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.
Review previous scrap price updates here.
See last month’s scrap price index here