SCRAP car prices rose to record levels last year, according to the latest statistics.
Figures released by automotive recycling group CarTakeBack show the average value has returned to previous years.
And scrap car experts are expecting this value to continue to rise into 2022.
Motorists say the price of cars increased dramatically in November and December last year, which saw the value of scrap cars rise to an all-time high, more than 320 euros.
The average scrap car value in 2020 is €100, nearly doubling last year with an average price of €190.
Car connoisseurs say there are several factors driving the price increase.
CarTakeBack Chief Marketing Officer Rebecca Currier said: “While 2021 has been another uncertain year due to Covid-19, we are delighted to see scrap prices not only rising but reaching record-breaking levels.
“Many factors can contribute to scrap prices, but the marked increase in the value of used cars in general certainly has a significant impact.
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“With a greater focus on climate and people commuting with steam or investing in new technology, car owners can still take advantage of these record-breaking scrap car prices and get rid of their old car in no time. responsible way.”
The average age of discarded vehicles – 16 years old – has not changed over the past two years.
Ford vehicles are the most common type of vehicle sent to the engine graveyard, followed by Volkswagen and Toyota respectively.
The top five scrapped models last year were the Ford Focus, Volkswagen Golf, Ford Fiesta, Nissan Micra and Toyota Yaris.
About a quarter of all cars coming to the curb are silver, 24%, followed by blue, 20% and then black, 19%.
Of the vehicles to be phased out in 2021, 81% are petrol while diesels are up 18% – up 4% year over year.
Top five models to be scrapped for 2021
Average price: €217
Average age: 19
Average price: €193
Average age: 16
Average price: €191
Average age: 16
Volkswagen Golf Course
Average price: €186
Average age: 17
Average price: €167
Average age: 18
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