{"id":388,"date":"2016-12-05T12:00:54","date_gmt":"2016-12-05T12:00:54","guid":{"rendered":"https:\/\/www.scrapcarnetwork.org\/news\/?p=388"},"modified":"2020-04-09T13:53:18","modified_gmt":"2020-04-09T12:53:18","slug":"changing-price-scrap-metal","status":"publish","type":"post","link":"https:\/\/www.scrapcarnetwork.org\/news\/changing-price-scrap-metal\/","title":{"rendered":"The changing price of scrap metal"},"content":{"rendered":"<p>If you\u2019re looking to scrap your car, you might be looking at a wide variety of quotes. These aren\u2019t just based on the scrap dealer &#8211; although that will have a part to play.<\/p>\n<p>There are other factors at work that will cause the price of scrap metal &#8211; and your old car &#8211; to go up or down, so read on to find out more about what they are and how you can still get the best price for your old banger.<\/p>\n<p><!--more--><\/p>\n<h2>Why do scrap metal prices change?<\/h2>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-394 size-full\" src=\"https:\/\/www.scrapcarnetwork.org\/news\/wp-content\/uploads\/2016\/12\/The-changing-price-of-scrap-metal-1.jpg\" alt=\"scrap metal cars\" width=\"820\" height=\"250\" \/><\/p>\n<p>The amount you get offered for your scrap car will vary by quite a bit depending on who you ask and when. But why is that? It\u2019s not just different dealers coming up with their own prices &#8211; dealers, including us, set their scrap metal rates according to a number of factors, so they can stay make enough money while offering you a competitive quote.<\/p>\n<p>Some of the reasons scrap metal prices change include:<\/p>\n<p><strong>Market Price:<\/strong> just like prices on the stock market and foreign exchange vary from day to day, scrap metal values will change too. Each metal will have a different price, and your scrap car dealer will know how much profit they can make from your old car by weight.<\/p>\n<p><strong>Industry Demand:<\/strong> once a scrap dealer has bought your old car, they have to process it and sell it on. If the metals are in high demand by other sectors like the construction, electronics and manufacturing industries, they\u2019ll be able to get &#8211; and offer you &#8211; a better price. And likewise: if not, prices will drop.<\/p>\n<p><strong>Time of Year:<\/strong> commercial schedules, changes in weather, big holidays like Christmas and New Year &#8211; all of these seasonal changes can have an impact on the demand for &#8211; and price of &#8211; scrap metal, which means that your dealer may not be able to offer you as much at quiet times.<\/p>\n<p><strong>Quantity:<\/strong> the busier a scrap dealer is &#8211; and the more metal they\u2019re able to process &#8211; the better the prices they offer are likely to be. Scrap trading is a numbers game, and if a dealer can make a decent profit on lots of metal, they\u2019ll be able to offer you more than a dealer who\u2019s not bringing in as much metal.<\/p>\n<p><strong>International Trading:<\/strong> countries whose manufacturing industries are booming, such as China and India, have a large part to play in the supply and demand of raw materials such as scrap metal. When production peaks in those countries, more metal is needed, higher prices can be charged and you may get a better deal for your old car.<\/p>\n<h2>OK, so how do I get a good price if I scrap my car?<\/h2>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-397 size-full\" src=\"https:\/\/www.scrapcarnetwork.org\/news\/wp-content\/uploads\/2016\/12\/The-changing-price-of-scrap-metal-2.jpg\" alt=\"thumbs up\" width=\"820\" height=\"250\" \/><\/p>\n<p>All those factors can make your head spin. The good and bad news is that there\u2019s not really much you can do about most of them to make sure you get a good price on your car.<\/p>\n<p>What you can do is keep an eye on things closer to home &#8211; we\u2019ve got some <a href=\"https:\/\/www.scrapcarnetwork.org\/news\/need-know-scrap-car-prices\/\">great tips on how to get the best price for your scrap car<\/a> so take a look at those now to get it sussed.<\/p>\n<h2>Ready to get a competitive quote for your old car? Hit <a href=\"https:\/\/www.scrapcarnetwork.org\/\">Scrap My Car<\/a>! now for our best prices!<\/h2>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re looking to scrap your car, you might be looking at a wide variety of quotes. These aren\u2019t just based on the scrap dealer &#8211; although that will have a part to play. There are other factors at work that will cause the price of scrap metal &#8211; and your old car &#8211; to [&hellip;]<\/p>\n","protected":false},"author":113,"featured_media":391,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[16,1],"tags":[5],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"How do we arrive on a price for your car? This isn&#039;t just based on the scrap dealer, there are many factors that all contribute. 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