Scrap Car Price Update December 2023

Posted on 30th Jan 2024 by Rebecca Currier Posted in: Latest News

December Average Scrap Car Price $556

The year ended with average scrap car prices dropping by 4% in December – that’s $20 lower than November. Though prices have fallen month on month, when we compare prices to this time last year, they’re higher! Up by 3% on December 2022.

There are many factors that influence the scrap value of a 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. So your car could be worth well above the average – it’s always worth getting a free quote with us to find out.

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 December 2023

The top model scrapped – After two months as the number one scrapped car, the Holden Commodore is just tipped into second place in December by the Toyota Corolla. The average age was 21 years. The average scrap value of a Toyota Corolla was over $900!

Top 5 makes of car scrapped – Holden, Toyota and Ford retain the top three spots as in the previous three months.

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


Check out previous scrap car price updates >

How much will you get for your car?

Get a scrap car price by simply entering your car details and your postcode into our online form. You’ll instantly see the scrap value of your car! Our quotes are valid for seven days, meaning you won’t lose out if scrap metal prices fall during that time.

Get an instant scrap car quote now >

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