Posted on Monday, 5 September 2022 by CarTakeBack

Prices on offer for scrap cars jump up in August! Prices have increased by 3% compared to July.

August Average Scrap Car Price $543

Year on year prices increased by 8%, that's $40 higher than values seen in August 2021.

The value of scrap cars is dependent on various factors, including the global demand for scrap metal, any reusable parts, as well as the make, model, age, weight, condition and even the 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 2022

The top model scrapped - The Holden Cruze was the most frequently scrapped car at CarTakeBack recycling centres in August. The average age of Cruzes scrapped was 11 and the average scrap value was above the general average at $757!

The top 5 makes of car scrapped - August saw Mazda drop off the top cars scrapped after months of holding a mid table position.

Check out our previous scrap car price updates >

How much is your car worth?

Get the best scrap price for your car, just enter your vehicle details and your postcode into our online form and you'll instantly see how much it's worth. Our quotes are valid for seven days, meaning you won't lose out if scrap metal prices fall during that time.

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