Posted on Friday, 30 December 2016 by CarTakeBack

December has seen a small reduction for the month but the year ended the same level it started with the same pricing as December 2015. It has been an interesting year with lots of speculation about how long prices with stay higher. Expectation is there will be a reduction in the new year, but the hope is that it will not be significant.

The iron ore index has been also been quite stable, but it's predicted that we may see a drop in demand and prices soon.

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.

CarTakeBack offer the best prices for your scrap car, so why don't you get an instant quote now to find out how much your car is worth!