After a spike to the average scrap car price in February, March has seen prices drop by $20. That’s a decrease of just 4% compared to February.
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.
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.
The top model scrapped – The Holden Commodore was the most frequently scrapped car at CarTakeBack wreckers in March. The average age was 20 and the scrap value was $470. Your car could be worth well above the average as many factors contribute to the value of a car. If you have a Commodore that’s younger than 20 years, it could be worth more than the March average.
Top 5 makes of car scrapped – Just one change to the top five in March, a new addition of Mercedes instead of Hyundai.
Tip: you can move this table side to side on mobile devices if required.
| February | March |
|---|---|
| Holden | Holden |
| Ford | Ford |
| Toyota | Toyota |
| Mazda | Mazda |
| Hyundai | Mercedes-Benz |
Check out previous scrap car price updates >
To get the best scrap price for your car, simply enter your vehicle details and your postcode into our online form and you’ll instantly see how much your car is worth. Our no obligation quotes are valid for seven days, meaning you won’t lose out if scrap metal prices fall during that time. Why wait?
