Scrap Car Price Update August 2021
Posted
on Monday, 6 September 2021
by CarTakeBack
After reporting month on month increases to scrap car prices throughout 2021, July saw things steady. We're pleased to report that August saw a very minor increase of 1%, a $3 improvement on last month. These current scrap car prices are the highest ever seen!
August Average Scrap Car Price $503
The $3 increase means that we're still over that $500 value for scrap cars! Prices are also up by a considerable 46% compared to August 2020. There's some uncertainty that prices will hold, Covid lockdowns could impact scrap car prices into September.
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 August 2021
The top model scrapped - As in July, once again the top spot has been taken by the Holden Astra as the most commonly scrapped car with CarTakeBack! The Holden Astras scrapped at our recycling centres in August were an average of 17 years old. In August the average price for an Astra was $594, an increase of $83, compared to July's average price of $511. That's considerably higher than the average scrap car value for the month.
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.
July Top Car Scrapped |
August Top Cars Scrapped |
Holden |
Holden |
Toyota |
Toyota |
Ford |
Ford |
Nissan |
Mitsubishi |
Mazda |
Nissan |
Check out our previous scrap car price updates >
What's your scrap car worth?
To find out how much you could get for your car, simply enter your vehicle details and your postcode into our online form and you'll instantly see the price on offer. There's no need to wait for a call back or an email to confirm your car valuation. 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 >