Skip advert
Advertisement

Scrap car prices at record highs, says leading recycler

2021 closed with scrap cars making an average of £260 - but we’re holding onto old cars longer

Scrapyard

If you’re planning to scrap an old car, now could be the time to do it. Car recycling network CarTakeBack says prices have reached record highs.

According to the company’s own figures, the value of scrap cars rose throughout 2021 and was at the highest recorded level ever seen at the close of the year – around £260. The average price for the full year was £240, a rise of 51 per cent on 2020.

In spite of the price rises, we seem to be holding on to cars a little longer, because the average age of scrapped vehicles rose from 15 years in 2020 to 16 years in 2021.

Advertisement - Article continues below

CarTakeBack scrapped more Ford vehicles in 2021 than any other makes, with Vauxhall and Peugeot in second and third positions respectively. The top-five models scrapped in 2021 were the Ford Focus, Vauxhall Corsa, Ford Fiesta, Vauxhall Astra and Renault Clio. Of the vehicles scrapped in 2021, 67% were petrol and 33% were diesel. This is a year-on-year increase of 4% in diesels being scrapped.

Rebecca Currier, CarTakeBack Marketing Manager said: “Although 2021 was another unsettled year  due to Covid, we were pleased to see scrap prices continue to steadily rise.  Many factors can contribute to the price of scrap; the rocketing price of catalytic converters, as well as the increased value of used cars as a whole, certainly had an impact throughout the year. 

“Changes to driving habits due to the introduction of Clean-Air Zones throughout some cities and with more people now working from home, many car owners may take advantage of these record scrap car prices and get rid of their old vehicles.”

Check out how Toyota plans to stop catalytic converter theft here...

Skip advert
Advertisement
Current affairs and features editor

Chris covers all aspects of motoring life for Auto Express. Over a long career he has contributed news and car reviews to brands such as Autocar, WhatCar?, PistonHeads, Goodwood and The Motor Trader.

Skip advert
Advertisement

Most Popular

No more EV! New BMW X3 gets petrol, diesel and PHEV power only
BMW X3 - front
News

No more EV! New BMW X3 gets petrol, diesel and PHEV power only

The all-new premium BMW X3 SUV has a sharp new look and cutting-edge tech, but no iX3 EV this time around
18 Jun 2024
Ford Explorer review
Ford Explorer 2024 - front
In-depth reviews

Ford Explorer review

Ford’s long-awaited electric SUV drives well, has some neat touches and impresses for efficiency
18 Jun 2024
New Citroen C3 Aircross gets seven-seats to fight Dacia Jogger, plus £25k pure-electric version
Citroen C3 Aircross reveal - front
News

New Citroen C3 Aircross gets seven-seats to fight Dacia Jogger, plus £25k pure-electric version

Citroen has somehow managed to cram seven seats into its new compact SUV, although the pure-electric e-C3 Aircross is only available with five
19 Jun 2024