After reporting month on month increases to scrap car prices throughout 2021 up to this point, July sees things settle. July saw just a dollar increase, but in percentage terms the average value of a scrap car with CarTakeBack maintained.
The $1 increase to the average prices for scrap cars means that were finally at that $500 mark! Plus prices are also up by a considerable 55% compared to July 2020. There’s some uncertainty that prices will hold, with recent Covid lockdowns seen in our cities again, these could impact scrap car prices further into August.
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.
The top model scrapped – After a month of being in second place in June to the Toyota Corolla, the top spot has been taken back by the Holden Astra as the most commonly scrapped car with CarTakeBack! The Holden Astras scrapped at our recycling centres in July were an average of 17 years old. The average price paid for an Astra was a decent $511, just above the average scrap car value for the month, and 7% higher than the average value in June.
The top 5 makes of car scrapped – Holden again took the top spot of the most common make of vehicle scrapped at CarTakeBack recycling centres. There was little change to the top list, Mitsubishi dropped off from fourth spot and Nissan took its place.
Tip: you can move this table side to side on mobile devices if required.
June | July |
---|---|
Holden | Holden |
Toyota | Toyota |
Ford | Ford |
Mitsubishi | Nissan |
Mazda | 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.