Posted on Thursday, 3 December 2020 by CarTakeBack

November didn't see an increase to the average scrap car price. However, after 5 consecutive months of increases we've seen prices maintain, so it's not bad news. Matching October prices means that the November scrap car prices are still the highest we've seen this year! Prices are also up by 23%, compared to this time last year.

Now is an ideal time to sell your car for scrap and get some cash in your bank ahead of Christmas! Prices may maintain into next month, but with uncertain times still facing us all due to the pandemic, prices could fall as we head into summer.

November Average Scrap Car Price $353

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 November 2020

In November the most common car scrapped with CarTakeBack was the Toyota Camry, the average age of the Toyotas sold for scrap was 20 years and the average scrap value of a Toyota Camry was $468.

Check out our previous scrap car price updates >

Scrap Car Valuation

To find out how much your scrap car is worth, all you need to do is enter your car details and postcode into our online form and you'll instantly see the scrap price for your car. The price is shown to you straight away, so no need to wait for a call back or email. All quotes are valid for seven days, giving you security if the value of scrap metal reduces during that time, you'll still get the initial scrap price for your car!

Find out more about scrapping your car >