It has been with you for many years, for many miles and it has given you many good times and taken you to thousands of places. But time is passing and the moment to retire your old car from the road is right here. Knowing that this moment is very close, It´s time to wonder a few questions. How do I do it? Where? And the most common question: How much can I get for my old car?
How much do you get for scrapping a car?
This is not a simple question to answer, as it depends on several factors. Also, the value of your car depends a lot on the fluctuating price of the metals it is made of. Let´s see the main factors which can vary the price of your old car.
Factors on which the price of your scrap car depends on
Weight
As previously mentioned, this is the most important factor. As a general rule, 90% of the vehicles are Steel made, and the rest is usually aluminium, copper and other metals. There are high performance vehicles that may contain more aluminium, or alloys. Some scrapyards will estimate the quantity of each metal in your car to make a quotation, others will try to pay for your car only according to the price of the steel.
The existence of usable parts
If the car still has parts in good condition, which can be resold by the scrapyard for use in other vehicles, the price will be higher.
The make
Some makes of car are worth more than others, even for scrap cars.
The model
As with the make, the model of your car can also influence the price you are paid off. Models that have fewer units made and are harder to find spares for them tend to fetch a better price.
How can I know the value of my car?
As far as every scrapyard pays differently from other ones, you can contact the scrapyards in your area either by phone or e-mail and ask for a quote. If you decide to do this, you should be honest with them about the condition of your car, whether any parts have been removed, if the car is equipped with extras, such as alloy wheels, etc. In order to avoid surprises once you take the car to the scrapyard.
Another good option is to check any of the many websites specialized in scrap metal values in UK to get an online quote.
Evolution of the value of scrap cars in 2024 and the last few years
In the next table you can see the evolution of the price of scrap cars in the last few years, and so far in 2024. As you can see, the price has been increased significantly and an upward trend is expected in the coming months and years, due to the shortage of components for the car manufacturer industry.
Month / Year | Car Scrap value Per Tonne (£) |
March 2024 | £185-230 |
February 2024 | £170-200 |
January 2024 | £165-195 |
December 2021 | £170-195 |
July 2021 | £160-180 |
February 2021 | £120-135 |
December 2020 | £110-120 |
July 2020 | £65-75 |
February 2020 | £72.5 |
December 2019 | £77.5 |
July 2019 | £90 |
February 2019 | £95 |
December 2018 | £97.5 |
July 2018 | £112 |
February 2018 | £102.5 |
December 2017 | £102.5 |
July 2017 | £67.5 |
February 2017 | £60 |
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