Scrap Car Price Update June 2024

Posted on 3rd Jul 2024 by Rebecca Currier Posted in: Latest News

June Average Scrap Car Price $561

After a dip of less than 1% in May, average scrap car prices have bounced back in June – increasing by 1.5% – that’s an extra $8 in the bank for those who scrapped a car in June. This increase is a positive sign of prices recovering from the lowest levels seen this year, $551. Despite the increase the cost of living and global demand for scrap metal is an ongoing contributing factor to the current value of cars.

Your specific car could be worth more than the average scrap price! There are many factors that go in to valuing a scrap car, such as the demand for metal and reusable car parts, as well as the make, model, age, weight, condition, and even the location of your car. It’s always worth getting a free quote with CarTakeBack to see if your car has a higher value than scrap.

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.

Top cars scrapped in June 2024

The top model scrapped – The Holden Astra was the most scrapped car with CarTakeBack in June, knocking the Toyota Camry from the top position. The average age of Astra scrapped was 17 years. The average scrap value of a Holden Astra was $598 – that’s $37 above the average scrap car value!

Top 5 makes of car scrapped – Holden retains the top spot again and there was no change to any of the other positions in June either!

Tip: you can move this table side to side on mobile devices if required.

MayJune
HoldenHolden
ToyotaToyota
FordFord
NissanNissan
MazdaMazda

Check out previous scrap car price updates >

What’s the scrap value of your car?

To find out the scrap value of your car, enter your car details and your postcode into our online form. If you choose 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 prices fall.

Get a free instant scrap car quote now >

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