We end the year as predicted, with another increase! The month on month price yoyoing continues to see the year out. December sees scrap car prices back up towards $550. In December the average price for a scrap car rose by 6% compared to November.
As well as increasing month on month, values also increased year on year. Scrap car prices in December 2022 were 3% higher than those in December 2021.
The value of scrap cars is dependent on various factors, including the global demand for scrap metal, any reusable parts, as well as the make, model, age, weight, condition and even the location of your car.
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 Holden Astra was the most frequently scrapped car at CarTakeBack recycling centres in November. The average age of Astras scrapped was 18.5 and the scrap value was just below the general average at $528.
Top 5 makes of car scrapped – Mazda accelerated into second place after having been off the top table in November!
Tip: you can move this table side to side on mobile devices if required.
| November | December |
|---|---|
| Holden | Holden |
| Ford | Mazda |
| Toyota | Toyota |
| Mitsubishi | Ford |
| Hyundai | Mitsubishi |
Check out previous scrap car price updates >
To get the best scrap price for your car, just enter your vehicle details and your postcode into our online form and you’ll instantly see how much your car is worth. Our quotes are valid for seven days, meaning you won’t lose out if scrap metal prices fall during that time.
