Scrap Car Price Update October 2024

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

October Average Scrap Car Price $527

After seeing prices decline slightly for the last two months, October is unfortunately no exception. The average price for a scrap car in October reduced by 6%. This marks the largest decrease since March 2024.

There’s some good news though, as various factors influence the scrap value, your old car may be worth more. The demand for metal and reusable car parts, as well as the make, model, age, weight, condition, and even the location of your car, all influence the value of it. One of the most frequently scrapped cars at CarTakeBack in October was the Toyota Camry, with an average scrap value of over $900! It’s always worth getting a free quote to see if your car is worth more than the average scrap value.

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 October 2024

The top model scrapped – The Holden Astra was the most scrapped car with CarTakeBack in October. The average age of Holden Astra scrapped was 19 years, at a scrap value of $418.

Top 5 makes of car scrapped – Holden retains the top spot again, with Ford taking second, and it was all change for the remaining three positions.

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

SeptemberOctober
HoldenHolden
FordFord
MazdaToyota
ToyotaMitsubishi
HondaMazda

Check out previous scrap car price updates >

Get a scrap quote for your car

To find out the scrap value of your car, enter your car details and postcode into our online form. By choosing to answer a few simple questions about the condition of your car, and upload photos, you could get even more cash for it!

All our quotes are valid for seven days, meaning you won’t lose out if scrap values fall.

Get a free scrap car quote >

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