Scrap Car Price Update December 2020

Posted on Tuesday, 5 January 2021 by CarTakeBack

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December has happily seen an increase to the average prices paid for scrap cars, making it one of the top three months in 2020. Scrap car prices were up by 1% compared to November and up a decent 16% compared to December 2019.

 

While prices were on top over the festive period 2021 bring further uncertainty, though we are hopeful and encouraged by the last quarter of 2020 that scrap car prices may maintain into the New Year.

December Average Scrap Car Price $357

The value of your scrap car is dependent on various factors, including the global demand for scrap metal, as well as the make, model, age, weight, condition and location of your car.

December scrap car prices in Australia


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.

Top cars scrapped in December 2020

In December the most common car scrapped with CarTakeBack was the Toyota Camry as in November too. The average age of the Toyotas sold for scrap was 21 years and the average scrap value of a Toyota Camry was $442, a $26 drop on the average value in November.

There was very little change to the top five makes of vehicle scrapped compared to the previous month.

November Top Car Scrapped December Top Cars Scrapped
Toyota Toyota
Ford Ford
Holden Holden
Hyundai Mitsubishi
Mitsubishi Hyundai


Check out our previous scrap car price updates >

See how much your car is worth

To find out the scrap value of your car, all you need to do is enter your vehicle details and your postcode into our online form and you'll instantly see the scrap price for your car. The price is shown to you instantly, so there's no need to wait for a call back or email. All quotes are valid for seven days, giving you security if the value of scrap metal reduces during that time.

Find out more about scrapping your car >

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