Cartakeback latest scrap car update for July shows that scrap car values are back to the same levels pre-lockdown
The Coronavirus lockdown measures in the UK have eased further throughout July with more places being allowed to reopen, though the pandemic is still impacting our lives and our businesses.
The value of scrap cars plummeted in April as we were in lockdown, since then prices have been recovering month on month and we’re happy to report that July is no exception. June brought us closer to pre-lockdown prices, and July has boosted us there. Prices in July are back to the same level that they were at in January. In July, scrap car prices crept 7% higher than those in June. This month prices were just 3% lower than they were this time last year. August could see prices maintain, but there are more factors than ever influencing the prices paid for scrap cars.
To see previous CarTakeBack scrap car price updates go to www.cartakeback.com