What would my car scrap value be? This is a question you should ask yourself when your vehicle has reached the end of its operational life. If your vehicle is still in use, then we have good news: now is the best time to scrap it. What’s the driving force behind this recovery? And what can you do to maximize the amount of cash you receive for your scrap vehicle?
Why is there such a fluctuation in scrap-car prices?
The global scrap metal price dropped when the first lockdowns were implemented in spring 2020. The decrease in consumer demand and supply meant that people were less likely spend on new household goods, particularly washing machines, so there was less demand. This has meant that there is less demand for metals to make them. Many people were surprised to discover that scrap car dealers were offering lower prices when you consider the shipping costs.
It seems that we are now through this rough patch. The world’s reopening has led to an increase in scrap metal demand. Even better, prices are now higher than they were pre-COVID and will continue to rise as the economy recovers.
How to get the highest price for your car scrap
You’re probably not the only one looking for the best scrap car price. We’ve already summarized the reasons in this prior post. Here are some important points to remember when scrapping your car.
- Get in touch with dealers before the month begins. Most dealers will lower their prices by the end of the calendar month to be more competitive. They need to sell the cars they have and don’t want to purchase any new ones.
- You should not disassemble your car as it can reduce the price that you receive
- Dealers will use every trick to try and lower the price. But remember that your car is valuable, and that the DVLA doesn’t require the logbook.
- Be sure to set a price
Although it might seem overwhelming, Scrap Cars and Vans Bristol will get you the best price for your car or van.
All you have to do is fill in the quick online form or call us and we can give you a quote over the phone. This will save you both time AND money. All you need to do is provide us with your car reg and you’ll receive a cash quote. You’ll get your prices in a matter of minutes.