Coronavirus lockdown measures in the UK have had a devastating effect on millions of businesses. Small and large organisations spanning almost every sector have struggled to cope – the scrapping and recycling sector being no exception to the rule.
Understandably, therefore, we’ve been inundated with questions, or queries and concerns regarding potential scrap values. Anyone looking to scrap and recycle their car will of course want to get the best possible deal, which in the case of agents like us is based entirely on scrap values.
When scrap metal prices plummet, it’s never a particularly appealing time to scrap and recycle a car. Unless you’re desperate to get rid of it, we completely understand the desire to hold onto it until prices are a little more appealing.
A Gradual Return to Strength
For the most part, it was a tale of outright doom and gloom for the weeks that followed the imposition of lockdown restrictions. Scrap metal prices (and the average value of a scrap car) plummeted, given the fact that most businesses were forced to shut their doors indefinitely. May wasn’t much better, but things are once again starting to show signs of a gradual return to strength.
In July, for example, scrap metal prices on average were around 7% up from the previous month. For August (depending on the exact date and material), many scrap metal prices were averaging just 3% less than at the same time in 2019. Which, considering the current circumstances, is actually quite phenomenal performance.
The long and short of it therefore being that if anyone has been put off the idea of scrapping and recycling their car due to low scrap prices, now could be the time to take action.
Ensuring You Get the Best Possible Deal
Irrespective of when you decide the time is right to scrap your car, it’s essential to do what’s necessary to get the best possible deal. Keeping an eye on scrap prices is a good idea, but so too is ensuring you work with a responsible and customer-focused collection specialist.
What makes the difference with Take My Scrap Car is the way in which we go the extra mile to ensure every customer gets the best possible deal. For one thing, we always base our quotations on scrap metal values on the day, ensuring we’re as up to date as possible with the prices we pay. Perhaps more importantly, we do not charge a single penny for any of the services we provide this means that whatever price we quote for your scrap vehicle, that’s the price you receive – every single penny of it.
From collection to transportation to disposal, each and every step of the process is on us. Whether ready to go ahead or simply considering scrapping a vehicle and looking to learn more about process, we’re standing by to take your call.
Call anytime, or complete the online form and one of our representatives will get back to you as soon as possible.
