July has seen another decrease to the average scrap car price being paid. June saw a respite from the price falls, July’s prices see them heading closer to those seen in January. The average price for a scrap car decreased by 5% in July compared to June.
Year on year prices increased by 5% compared to July 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 Commodore was the most frequently scrapped car at CarTakeBack recycling centres in July. The average age of Commodores scrapped was 17 and the average scrap value was above the general average at $655!
The top 5 makes of car scrapped – There was minimal change to the top 5 makes of cars scrapped.
Tip: you can move this table side to side on mobile devices if required.
| June | July |
|---|---|
| Holden | Holden |
| Toyota | Toyota |
| Ford | Mazda |
| Mazda | Ford |
| Hyundai | Mitsubishi |
Check out previous scrap car price updates >
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 it’s worth. Our quotes are valid for seven days, meaning you won’t lose out if scrap metal prices fall during that time. You can arrange for your car to be collected at a time to suit you. Plus we have a great customer services team to help you with any queries you might have.
