After two months of price rises, August saw the average value of a scrap car dip by 2%. Despite the reduction, the average price has only fluctuated by a few dollars over recent months. The price in August is loss of just $9 compared to July. There’s some good news though, as various factors influence the scrap value of a car, yours may be worth more! The most frequently scrapped car at CarTakeBack in August was the Toyota Camry, with an average scrap value of $1,000!
The demand for metal and reusable car parts, as well as the make, model, age, weight, condition, and even the location of your car, all influence the value of it. 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 – The Toyota Camry was the most scrapped car with CarTakeBack in August. The average age of Camry scrapped was 21 years, at a scrap value of $1,000 – that’s way more than the average scrap car value!
Top 5 makes of car scrapped – Holden retains the top spot again, with Toyota holding in second, and it was all change for the remaining three positions.
Tip: you can move this table side to side on mobile devices if required.
| July | August |
|---|---|
| Holden | Holden |
| Toyota | Toyota |
| Mazda | Ford |
| Ford | Mazda |
| Mitsubishi | Hyundai |
Check out previous scrap car price updates >
To find out the scrap value of your car, enter your car details and postcode into our online form. By choosing to answer a few simple questions about the condition of your car, and upload photos, you could get even more cash in the bank for it! All our quotes are valid for seven days, meaning you won’t lose out if scrap values fall further.
