Here at Scrap Car Comparison, we are regularly asked about how our prices are calculated and our customers are often surprised to find that it can rely heavily on the national car scrap value. With international factors to consider, such as international trade agreements, flux in the financial sector, socioeconomic movements and sudden changes in demand, there are a lot of elements that impact the car scrap value in metal. It’s for this reason that we have created this page, to keep you up to date with your car’s scrap value, as well as let you know why it might have changed.
Car Scrap Value Tracker
Each month we aim to provide a UK average scrap price, so that you can see the current national car scrap value for yourself. These figures are regularly calculated using estimated national averages and data collected from our national network of authorised treatment facilities and scrap car collectors.
How Is The Car Scrap Value Worked Out?
You may be wondering how the prices of scrap cars are decided? Well the weight of your car is the main indication; The heavier the vehicle, the more scrap value it has. When the vehicle has come to the end of its life, it will finally be crushed and the metal it is made from will be recycled and used again, in vehicles or other products.
There are however other factors that can affect a vehicle’s value, such as certain makes, models or engines that are considered to be worth more. Some collectors will be willing to offer a higher price for specific vehicles, other than the usual scrap metal value per tonne, which is usually when they know that they can make more profit out of recycling your vehicle. This is where we help you the most, comparing offers from scrap buyers who will give you a variety of prices depending on your specific car. However, we don’t simply give you the highest price, we also help you to work out the best value buyer, helping you to sell your vehicles to buyers with reliable and convenient collection, ensuring everything goes smoothly. If you’re looking to sell a damaged car or sell a car without an MOT then your vehicle may be eligible for salvage pricing and fetch a higher price.
The UK Cash Ban: Scrap Metal Dealers Act 2013
In October 2013, as a result of rising criminal activity in the scrap industry, the government changed the law regarding the legal payment methods for scrap cars. This meant that you could no longer be paid with cash at the point of collection for your scrap car and payment via a business cheque or an instant bank transfer upon collection became the standard practice for all scrap buyers. This had a large impact on the value scrap car buyers could offer customers, as it allowed for fast direct payment and sped up collection times. This increased collection rates and helped inflate prices for the remainder of that year. Take a look at the .GOV website to read more on the UK Cash Ban & the Scrap Metal Dealers Act 2013
Calculate your Car Scrap Value
As we’ve shown already, there are numerous factors that will affect your vehicle value calculation. We’ve answered some of the popular questions we get asked by people coming to use the value calculator but if you have a question that has not already been answered here please contact us on 03333 44 99 50, we’d be happy to help.
1. How do I use your scrap car calculator?
Simply input the car registration and postcode into the quote form and we’ll calculate the amount it’s worth. It’s simple, quick and easy to use – give it a go!
2. Once I have a price will it change?
Remember, these calculations are free and guaranteed to be valid for 24 hours.
3. How does the scrap car calculator work?
There are numerous contributing factors that are used to derive a figure for what the car or van is worth. These include:
- The weight of the vehicle – the heavier the vehicle the greater the value when scrapping
- The make of the vehicle – some are worth more than others
- Different model vehicles (as well as makes) can have different values
- Some cars can be salvaged or will have desirable parts – it’s not all about crushing and recycling!
- Changing prices for the UK average scrap price will affect the scrap calculation
4. Will you be updating your value tracker?
Yes, we aim to update the value tracker on a regular basis to provide up-to-date car scrap value information. As this relates directly to how much your car is worth when scrapping or salvaging it makes sense to keep this current
Getting The Best Scrap Car Valuation
We are the first and only vehicle scrap price comparison Site in the UK. That means that when you need to get rid of that tired car, motorbike or that van sitting on your driveway, we are the place to go to get the most scrap car value. We’ll help you to compare a wide selection of the best prices across the whole of the UK within a few minutes.
By using our online site, you save yourself time! No need to ring around all of the possible scrap merchants, salvage yards and other buyers in your area, we’ll compare them all and provide you with the best prices available to you, ensuring that you don’t miss out on some of the nationwide salvage and scrap car buyers that we work with. They can offer some of the highest possible prices and have been in the industry for many years. You are in safe hands as all of the collectors and buyers that we work with will fill out all necessary scrap car forms correctly, making sure that you don’t end up with any extra fines for a car that you no longer own later on down the line .
So now that you know exactly how scrap car value is worked out, get in contact to ensure that you are getting the true value of your vehicle. We have already done the hard work so you don’t have to!