Posted on Monday, 7 June 2021 by CarTakeBack

Another increase to the average value of scrap cars with CarTakeBack means that each month in 2021 so far we've reported an increase! May saw a modest increase of 6% compared to April. That means the prices being paid for scrap cars are an average of $28 higher than those in April. Plus prices are also up by 71% compared to May 2020. Fantastic compared to this time last year when we saw a slight drop to scrap car prices.

May Average Scrap Car Price $490

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 May 2021

In April the Toyota Corolla took the number 1 spot from the Holden Astra, in May the Astra is back on top as the most commonly scrapped car with CarTakeBack. The Astras scrapped at our branches in May were an average of 17 years old and the average scrap value of a Holden Astra was $552!

There were two new comers to the top five makes of vehicle scrapped compared to the previous month, Hyundai took Nissan out of the running as did Mitsubishi in the place of Mazda. Toyota have been overtaken by Holden in May for the top spot and there was no change to the 3rd position as Ford held it again.

Check out our previous scrap car price updates >

What's your car worth as scrap?

To find out the value of your scrap car, simply enter your vehicle details and your postcode into our online form and you'll instantly see the price on offer for your car. There's no need to wait for a call back or an email to confirm the 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 car is worth >