Scrap Car Price Update March 2024

Posted on 4th Apr 2024 by Rebecca Currier Posted in: Latest News

March Average Scrap Car Price $552

After an increase in February, March saw prices fall by 5%. The average scrap car price is however up by 1% compared to March 2023.

Despite a month on month decrease, your car could still be worth more than the average! There are many factors that go in to valuing a scrap car, such as the demand for scrap 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 is worth more than the average.

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 March 2024

The top model scrapped – March saw a change to the most frequently scrapped car with CarTakeBack. After two months on the top spot, the Astra is beaten by the Commodore as the most scrapped car. The average age of Astras scrapped was 22 years. The average scrap value of a Holden Commodore was $536.

Top 5 makes of car scrapped – Holden retains the top spot again. Subaru and Mazda take the place of Mitsubishi and Honda to make it on to the table.

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

FebruaryMarch
HoldenHolden
FordToyota
ToyotaFord
MitsubishiSubaru
HondaMazda

Check out previous scrap car price updates >

Is you car worth more than the average scrap price?

Find out the scrap value of your car by entering 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 for it! Quotes are valid for seven days, meaning you won’t lose out if scrap prices fall.

Get an instant scrap car quote now >

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