April 2024 saw a 1% increase to the average value of a scrap car. The average scrap car price is just a dollar less than this time last year, so despite fluctations over the last 12 months, we’re in the same position as 2023. The global demand for scrap metal is a contributing factor to the value of cars for scrap, the current lack of demand is why we’re not reporting big increases to the value of cars.
Despite not seeing rises in value overall, your car could still be worth more than the average! There are many factors that go in to valuing a scrap car, such as the demand for reusable car parts, as well as the make, model, age, weight, condition, and even the location of your car. It’s always worth getting a free quote with CarTakeBack to see if your car is worth more than the average.
Take a look at the last 13 months in the chart below…
About the CarTakeBack Scrap Car Price Index
The CarTakeBack Scrap Car Price Index is a rolling monthly index covering the last 13 months. It’s updated monthly using the prices paid for scrap cars at CarTakeBack recycling centres throughout Australia. We’ve taken into account that cars come in all shapes and sizes, which has an effect on their scrap value, the prices show what the average car would be worth. This means that the index gives a great indication of the movement in the value of scrap cars from one month to another.
The top model scrapped – For the first time the Holden Cruze has made it as the most scrapped car with CarTakeBack, knocking it’s fellow the Commodore off the top position. The average age of Cruzes scrapped was 13 years. The average scrap value of a Holden Cruze was $628 – that’s well above the average.
Top 5 makes of car scrapped – Holden retains the top spot again.
Tip: you can move this table side to side on mobile devices if required.
| March | April |
|---|---|
| Holden | Holden |
| Toyota | Ford |
| Ford | Toyota |
| Subaru | Nissan |
| Mazda | Mazda |
Check out previous scrap car price updates >
Find out the scrap value of your car by entering your car details and your postcode into our online form. If you choose to answer a few simple questions about the condition of your car, and upload photos, you could get even more for it!
All quotes are valid for seven days, meaning you won’t lose out if scrap prices fall.
