Scrap Car Price Update December 2021

Posted on 3rd Jan 2022 by Rebecca Currier Posted in: Latest News

The average value of a scrap car with CarTakeBack sees the year out on a high. Despite decreasing recently, prices maintain over $500 and are up considerably on the previous year. With just a 2% drop seen in November, prices held around the same level in December.

December Average Scrap Car Price $529

Prices for scrap cars are up by 48% compared to December 2020. We predict that prices will maintain above £500 into 2022, though as always with scrap metal valuations, they can change suddenly. CarTakeBack scrap car quotes are valid for seven days, so if prices do fall, you’ll still get the best price for your old car.

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.

Top cars scrapped in December 2021

The top model scrapped – For the second consecutive month, the Toyota Camry was the most frequently scrapped car at CarTakeBack recycling centres. With an average value of $700 in December the Toyota Camry was 32% higher than the general value of scrap cars.

The top 5 makes of car scrapped – Despite the Camry being the most popular scrapped model, the Holden again took the top spot of the most common make of vehicle scrapped with CarTakeBack. There were a few changes to the other cars in the top list.

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

NovemberDecember
HoldenHolden
ToyotaToyota
MazdaHyundai
FordMazda
MitsubishiFord

Check out previous scrap car price updates >

How do I get the best scrap car price?

To get the best price for your scrap car, just enter your vehicle details and your postcode into our online form and you’ll instantly see the value. Quotes are valid for seven days, meaning you won’t lose out if the value of scrap metal falls during that time.

Find out how much your scrap car is worth >

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