Scrap Car Price Update January 2020

Posted on 31st Jan 2020 by Rebecca Currier Posted in: Latest News

As we predicted in our last scrap price update of 2019, the value of scrap cars has dipped slightly as we have moved into 2020. Though with only a 1% drop to the prices paid for scrap cars in January, this is not bad news. Especially as the prices are a whopping 26% higher than those being paid for scrap cars in January 2019! Making now a great time to sell your scrap car!

Chart showing the change in scrap car prices over the last 13 months to January 2020

About the CarTakeBack Scrap Car Price Index

The CarTakeBack Scrap Car Price Index is updated monthly using the prices on offer for scrap cars at CarTakeBack recycling centres throughout Australia. It is intended to give an indication of the movement in the price from one month to another, with the prices being shown as a percentage. Cars come in all shapes and sizes which has an effect on their scrap value, so prices have been adjusted to show what the average car would be worth.

Check out previous scrap car price updates >

How do I work out the value of my scrap car?

When it comes to working out how much money you can get for your scrap car, CarTakeBack take all the guess work out of it. Just enter your registration and the car’s location on our instant quote form to find out how much your car is worth right now.

There is no need to be worried about any drop in value, as CarTakeBack will guarantee the quote for seven days!

Get an online quote now! >

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