Scrap Car Price Update May 2019

Posted on Friday, 31 May 2019 by CarTakeBack

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May has been an impressive month for the prices paid for scrap cars! After a slight drop in April, there has been a rise of 15% compared to the prices paid last month. This is great news if you have an old car that you need to get rid of.

The price of scrap metal fluctuates in line with demand from the global scrap metal market, and there is a possibility that prices may start to fall as we go into June. So if you want to get the best bang for your buck, now is the time to sell your scrap car!

Scrap Car Price Index May 2018 to May 2019

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 >

How much is my scrap car worth?

Our instant quote service takes into account various factors such as the make, model and location of your car, to work out its value. The prices are based on the weight of any scrap metal in the car, as well as any other reusable parts and materials. To get the most up to date valuation of your scrap car, just enter your vehicle details and location into the quote form on our website or give us a call. The price will be given to you instantly, there is no obligation to accept.

The best part is, that even if scrap car prices do start to fall, your quote guaranteed for seven days, so you'd still be getting the highest scrap price for your car!

Get an online quote now! >