A&L Scrap Car Dealers
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Tag: cardiff scrap car quote

how quickly do cars depreciate

how quickly do cars depreciate

The value of your car depreciates every year. In fact, it’s often said that a car depreciates in value the moment you drive it away from the dealership. If you drive your car a lot, or if it becomes damaged, you can expect it to depreciate in value pretty quickly.

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What is Car Depreciation?

If you’re wondering how quickly cars depreciate, you first need to understand what depreciation is.

Car depreciation is when the value of your car goes down from the original price it was purchased at. Most cars lose value over time, resulting in a big difference between the price you paid for the car and the price you could sell the car for.

People usually consider depreciation by looking at the depreciation rate. This indicates how quickly the car is depreciating over time.

 

How Quickly Do Cars Depreciate?

According to Auto Express, you should generally expect a UK car to depreciate by around 15% each year over a period of 20 years. The rate of depreciation changes over time, with the first twelve months of car ownership usually showing the highest rate of depreciation.

However, even a new car will depreciate if you drive it a lot. You can always expect the value of your car to go down if it’s particularly worn or damaged.

Depreciation is usually most relevant when you are looking to sell your car. This is because a "used" or "second-hand" car is almost always sold at a lower price point than a brand new car. However, there are some situations where this won't be the case.

Some cars are in high-demand and won’t depreciate as quickly. Very rare cars may even go up in value over time! For most cars, though, the age is the biggest factor when it comes to how quickly the car will depreciate.

 

How Old is My Car?

If you bought your car second-hand, you might not know how old it is. The easiest way to check is by reading your car’s original number plate. With a current style UK number plate, the third and fourth characters of your registration will indicate the year that the car was first registered.

The second two characters on your registration will often be the last two numbers of the year it was registered. For example, if your registration says 18, then it was registered in 2018.

There are two ways these date indicators will appear on a current style plate, so if your registration doesn’t have an obvious year on it, use the following rules instead:

  • A car registered in the 2000s will have a 5 as the third character
  • A car registered in the 2010s will have 6 as the third character
  • A car registered in the 2020s will have a 7 as the third character.

Put simply, find the number, and take away 50! Your plate may say 68 instead of 18 — but it was still registered in 2018.

With how quickly cars depreciate, many cars from 2018 have already depreciated in value by now. So, what can you do with them?

 

Can’t Sell? Scrap!

If your car has depreciated so much that it is no longer worth selling, you might want to consider scrapping it. This is particularly relevant if your car is damaged. Some old cars can’t be fixed because replacement parts are difficult or impossible to find.

You can get money for scrapping your car, without the hassle of trying to sell a car that has already greatly depreciated in value.

Get a free quote on the value of your car instantly! Click the button below to visit our homepage and use our checker tool.

Scrap Value Checker

LEARN MORE: How Does Mileage Affect a Car?

average lifespan of a car uk

average lifespan of a car uk

 

Research has found that the average lifespan of a car in the UK is the longest it’s ever been, averaging at around 10 years old. Read on to find out why cars are lasting longer before they get scrapped.

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What's the average age of a scrapped car in the UK?

As of 2025, the average age of a scrapped car in the UK is between 16 and 20 years old! For comparison, in the year 2009, the average car was only 13 years old when it went to the scrap yard.

There are a number of reasons why cars are lasting so much longer than they used to. Let’s have a look at some of the biggest contributors.

According to an article published in 2021, new car sales decreased significantly during the coronavirus pandemic. This resulted in fewer people trading in their old cars for a newer model, and so the average age of cars on the road increased. This also meant fewer cars were being scrapped.

Even without the impact of the pandemic, the lifespan of a car has been steadily increasing for years. This is because cars are designed to be more durable than ever. There are also improved safety features, better quality parts and nifty electrical features that help us better care for our cars.

Gone are the days when a standard car would last around 8 years or 150,000 miles. Nowadays, you can expect a car to last you upwards of 200,000 miles – perhaps more depending on the make and model of the car and how well you take care of it. As a result, motorists are waiting a lot longer before scrapping their cars due to old age / high mileage.

 

Why do cars get scrapped?

The average lifespan of a car in the UK before it gets scrapped depends on a number of factors. Here are some of the most common:

Your car is written off

If your car is so badly damaged that the repair costs would exceed its total value, you can declare it a write-off and send it to the scrap yard. A car crash can happen to anyone, regardless of how new their vehicle is. Loads of new cars are written off every day. So, you’ll still see plenty of newer cars in scrap yards because of this.

Your car has lost its value

A car’s value will depreciate over time. If you’ve owned your car for a long time, chances are it’s worth a fraction of the price you paid for it. Alternatively, your car might not be that old, but if you bought a ‘trendy’ car that is no longer trendy, that might be another reason why it has lost its value. In this instance it would be much easier to scrap your car in exchange for money than to go through the process of selling it on.

You want to get rid of your car quickly

Selling your car can be time-consuming. Scrapping it takes almost no time at all! This can come in particularly handy if you need to get rid of your car very quickly. You can scrap your car anytime, regardless of how old it is.

 

Scrap your car with A&L

Here at A&L Vehicle Recycling, we can make sure your car scrapping experience runs as smoothly as possible. Scrap your car with us today in just 4 simple steps!

Step 1: Enter your registration and postcode.

Step 2: Receive a quote straight away.

Step 3: Review and accept our quote.

Step 4: Arrange collection and get paid!

Get in touch with us today for more information or click the button below to get an instant quote for your old car.

Scrap My Car

free scrap car quote

free scrap car quote

If you're looking to scrap your used car, then you should always start by getting a scrap car quote to see what your car is worth. Thankfully, at A&L Scrap Car Dealers, we offer free, no-obligation quotes that will be instantly available to you via email link. 

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Simply head over to our homepage and provide your car's registration and your postcode to find out the scrap value of your car. It really couldn't be easier than that!

Get a Free Scrap Car Quote Today

 

Why Scrap Your Car With A&L? 

When you scrap your car with us, you will be getting a professional and reliable service that you can trust. We have more than 10 years experience in the scrap car and recycling industry, and we know how important it is to get the best value for money. 

We pay top prices for car parts, copper, lead, brass and many other metals that you may have sitting around your garage. Recycling is also hugely important to us too, and we always dispose of any excess materials in a sustainable and responsible way. 

For your peace of mind, our car scrap yard is registered with Natural Resource Wales (permit number: AP3095FU). We will also issue a Certificate of Destruction which will be registered with the DVLA to instantly mark your car as scrapped. 

READ MORE: Scrap Your Van

 

Will I Need to Pay for My Scrap Car Quote? 

You will never need to pay for your scrap car quote with A&L Vehicle Recycling. Most importantly, there's no obligation to accept our quote, either. Your quote will be available for 7 business days for you to make a decision. After the 7 day period, you will need to submit another quote request for your scrap car if you wish to.

We understand that scrapping your car involves research, and we're more than happy to aid you on your car scrapping journey - even if you choose to scrap your car elsewhere!

 

Why Do You Need My Registration and Postcode? 

We ask for these pieces of information so we can find out what type of car you have and its location. 

The make and model of your car is an important indicator of value, but many people are not aware that the location of the vehicle also plays a key role in determining scrap car value. 

For example, the location of your car will determine how easy it is for us to collect your car and transport it to our facility, which has an impact on how much we pay for your car.

 

What Are the Minimum Requirements for Receiving a Scrap Car Quote?

We will provide you with a free, instant quote for your scrap car depending on the following minimum requirements:

  • You can provide photographic ID and proof of address
  • Your vehicle is free of all finance charges (e.g. hire purchases & loan agreements)
  • Your vehicle is free from waste, rubbish and litter
  • Your car or van has no more than 9 seats
  • Your car is accessible for collection (parked on solid ground with inflated tyres)

If any of the above criteria cannot be met, the initial quote provided to you may need to be re-evaluated. Just get in touch with our team if you require any further assistance!

 

For more information about scrapping your car, head over to our Scrap Car FAQs to find out all about how we determine your quote and pay you for your used car.

 

[Image Source: Unsplash]