Scrap Car Price Update July 2020

Posted on 30th Jul 2020 by Rebecca Currier Posted in: Latest News

The Coronavirus pandemic is still having an impact on our day to day lives and our businesses, with restrictions again being enforced in some of our cities. April and May saw low prices being paid for scrap cars, in the months since we’ve seen things steadily recover. We’re happy to report that in July scrap car prices have not only reached pre-lockdown levels, they’re the best we’ve seen this year!

Scrap car prices climbed 8% higher than those in June, plus this month’s prices were 26% higher than those on offer at this time last year!

The CarTakeBack Customer Services Team continue to safely make arrangements for you to sell your scrap car. You can take advantage of our free scrap car collection, our collectors are following guidance on social distancing and hygiene. Collections will only be carried out when it is safe to do so, for both our staff and for you.

Chart showing the change in scrap car prices over the last 13 months to July 2020

About the CarTakeBack Scrap Car Price Index

The CarTakeBack Scrap Car Price Index is updated monthly using the prices on offer for scrap cars at CarTakeBack recycling centres throughout Australia. It is intended to give an indication of the movement in the price from one month to another, with the prices being shown as a percentage. Cars come in all shapes and sizes which has an effect on their scrap value, so prices have been adjusted to show what the average car would be worth.

Check out previous scrap car price updates >

What’s the scrap value of my car?

CarTakeBack will show you the best prices available for your old car via our instant quote system. Simply enter your car’s registration, or the make and model, and your address into our online scrap car quote form, to see the scrap price you’ll be paid for your car!

The scrap price we quote is valid for 7 days, so if the value of scrap cars does drop whilst you are making the decision to accept our offer, there is no need to worry. You’ll still be getting the best value for your car. There’s no obligation and it’s free to get a quote.

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