In the world of scrap car dealing, 2021 came to a close with the average scrap car value at £260. In only the second quarter of 2022, the average scrap car price has already risen to near £358, and it's showing no sign of slowing any time soon!
Why Has the Average Scrap Price Increased?
Many factors can impact the value of a scrap car, such as the make, the condition of the car, the location of the sale, and the demand for the metal itself.
Due to global events, 2021 was an unsettled year for many industries, and car scrapping was no exception. Despite this, there has been an increase in value for specific parts, such as catalytic converters. The increasing value of cars as a whole has also had a huge impact on the industry.
There has also been a shift in driving habits since the pandemic - people are now working from home more often, and with new Clean-Air Zones within cities, there may be less need for frequent car journeys. This reduction in driving means that cars often have longer lifespans compared to when they were driven more frequently, and they don't need to be scrapped so regularly.
The average scrap car value is at a record high, so now is truly is the best time to take advantage of rising scrap car prices.
What is the Average Scrap Car Value?
For 2022, the average scrap car value is now around £358 due to the shortage of new and used cars in the UK.
People are also owning their cars for longer in spite of the price rises. The average age of a scrapped car rose from 15 years in 2020 to 16 years in 2021.
What is the Most Valuable Part of a Scrap Car?
If you have these parts and they are of good quality, you may be in for quite a bit of payback due to their demand!
The most valuable parts of a scrap car are:
- Doors, windows and mirrors
- Catalytic converters
- Car bumpers
What is the Most Popular Scrap Car?
The most frequently scrapped vehicle in the UK is currently the Ford Focus. The average value of a scrap Ford Focus rose by a whopping 16%, from £295 in January to £383 in March 2022. The second most frequently scrapped car is a Vauxhall Corsa.
Interestingly, colour can also make a difference to the average scrap car price. 27% more silver cars were scrapped than any other vehicle, followed by blue cars (21%) and black cars (18%)
Scrap Your Car with A&L
Here at A&L we want to make your scrap car sale as smooth as possible, so we do all the heavy lifting for you. Most car parts are hard to remove, and if you attempt to remove them and do it wrong, you risk drastically decreasing their resale value.
Incorrectly scrapping a car can also be harmful to the environment. We are committed to responsible recycling, so when you choose A&L Vehicle Recycling, you can rest assured that your materials are being handled in a sustainable and responsible way.
Contact A&L Vehicle Recycling today, or click the button below to get an instant quote for your unwanted vehicle!
Request a free, no-obligation quote here