Scrap Car Price Update February 2018

Posted on Wednesday, 28 February 2018 by CarTakeBack

Facebook Twitter

2018 is off to a great start if you're looking to scrap your car. We're happy to report this month that due to a high demand for steel, the scrap car prices currently on offer are the highest they've been for several years!

We've seen an increase compared to last month, scrap car prices in February are 12% higher than those in January. Plus, compared to February last year, the scrap metal price you can get currently for your car is a huge 67% higher!

Due to the fluctuating scrap metal market, there's unfortunately no guarantee that prices will sustain into next month. If you're considering scrapping your car, make the most of the prices on offer and sell your car for scrap now!

Scrap Car Price Index February 2017 to February 2018

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 our previous scrap car price updates >

Value your scrap car

Selling your scrap with CarTakeBack is easy. Get started with a free instant quote. Just enter your details into our online form or give us a call and we'll instantly tell you the best prices for your scrap car. There's no obligation and we'll even guarantee your quote for seven days.

See how much your car is worth as scrap now! >