After seeing increases to the average value of scrap cars throughout the first quarter of 2021, April carried on in similar form. April saw a modest increase of 6% compared to March. That means the average prices being paid for scrap cars are $25 higher than March. Plus prices are also up by 56% compared to April 2020.
The value of your scrap car is dependent on various factors, including the global demand for scrap metal, as well as the make, model, age, weight, condition and 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.
We had two months of the Holden Astra being the top scrapped car with CarTakeBack, however April sees an end to that, with the Toyota Corolla being on top. The Corollas scrapped at our branches in April were an average of 20 years old and the average scrap value of a Toyota Corolla was $576!
There were two new comers to the top five makes of vehicle scrapped compared to the previous month, Nissan took Mitsubishi out of the running as did Mazda in the place of Hyundai. Mitsubishi didn’t feature in the top five for the first time this year. And after three consecutive months of holding the top spot, Holden have been overtaken by Toyota in April.
Tip: you can move this table side to side on mobile devices if required.
March | April |
---|---|
Holden | Toyota |
Ford | Holden |
Toyota | Ford |
Mitsubishi | Nissan |
Hyundai | Mazda |
Check out previous scrap car price updates >
To find out the value of your scrap car, simply enter your vehicle details and your postcode into our online form and you’ll instantly see the price on offer for your car. There’s no need to wait for a call back or an email to confirm the valuation. Quotes are valid for seven days, meaning you won’t lose out if the value of scrap metal falls during that time.