Scrap Car Price Update September 2018
Posted
on Friday, 28 September 2018
by CarTakeBack
We're pleased to say that it's good news again for this month's scrap car price update. Prices have continued to recover thanks to strong scrap metal prices, increasing 6% from last month. September also saw the highest scrap car prices so far this year, and a massive 56% increase compared to how much scrap cars were worth in September 2017!
The steel industry has been stable recently, and we hope that this continues into the summer months. But with the metal market fluctuating in line with demand, prices could drop as we get closer to Christmas. So if you need to sell your scrap car, now is a very good time to do it.
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 can I get for my car as scrap?
Our online quote system will tell you how much your car is worth right now! We guarantee the price for seven days, so if scrap metal prices do start to drop, you'll still get the highest price for your car.
Get a quote for your car now! >