Posted on Tuesday, 31 October 2017 by CarTakeBack

October has seen a reduction of 6% for the month which just reflects a correction from the previous months double digit increase. The index was also 41% higher than the same time last year. It is expected that prices will again flatten out over the coming months.

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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 always endeavours to offer the best prices for your scrap car. Our network of recycling centres always provide the most competitive prices, so why don't you give us a try, by accessing Australia’s only online instant 30 second quote and find out how much your car is really worth.