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For many car owners, one of the most pressing problems is selling a used car. What to do with a scrap car: disassemble it to sell for parts or scrap it for some cash? So how much do you get for scrapping a car? In this blog, we’ll be drawing on our car scrapping experience to help you understand the true value of your scrap car at the wrecking yard.
One of the questions that we always get asked as a car wrecker is, “What is the scrap value my car?”
Giving a specific figure is impossible because there are hundreds of models and also many factors are involved in the valuation. However, an approximate amount can be obtained looking at the average prices of scrap cars.
Based on our recent scrap car purchases, When scrapping your car in Queensland, you can expect to get $300 – $400 for smaller cars, $550 – $500 for sedans, and $600 – $900 for heavier vehicles such as trucks and SUV’s in 2024. The final price you will get depends on the weight of recyclable metals in your car. The more scrap metal the car has, the more you will receive for your car.
According to our scrap car valuation experts, what your car is worth when you take your car to the scrapyard mainly depends on the condition of the parts on the car. Cars that are completely wrecked, usually have little to none working parts so buyers cannot pay any more than the actual metal’s value, so condition definitely does matter, but you’ll still get decent cash either way.
Common questions we get asked from out customers include:
Let’s answer them!
Scrap metal prices are on an upward trend, meaning the prices have gone up. It is actually an ideal time for car scrapping, with higher scrap metal prices, you could sell your car for a good price as well.
According to BNE Copper Recycling, the average scrap steel price in Brisbane ranges from $100-400 per tonne.
Your car still holds value, and several factors can help determine just how much. The daily market prices for scrap, iron, and other metals, along with your car’s weight, are key considerations. But there’s more—your car’s year, make, model, features, and body type all play a role in its value.
By also looking at its age, make, type, fuel type, mileage, and potential for export, you can better gauge its value. The car’s condition, extra features, write-off status, and the demand for second-hand parts can also boost its worth.
These factors can be used to assess how much cash you can get, regardless of current economic conditions. Even in economic downturns, scrap cars hold their value quite well!
Is there a specific time when I should consider selling my car for the best value?
Market conditions affect the best time to sell, with better valuations during Spring time and worse valuations during EOFY . However, Metro Car Removal is can provide fair valuations throughout the year, ensuring you get the best value whenever you decide to sell.
How quickly does a car depreciate in value?
Car depreciation rates vary based on several factors, including the economy, vehicle type, brand, demand, and fuel prices. It’s affected by various factors and has no fixed rate, making it challenging to predict precisely how quickly a car will depreciate in value. However a new car will roughly depreciate about 10-15% per year.
Where can I sell my scrap car in NSW?
The best option is Swift Cash For Cars as we provide a quick and hassle-free process, offering quick quotes and accepting vehicles in any condition. Car buying/selling websites (eg: Carsales), dealerships, Online marketplaces (eg: Facebook Marketplace) are also alternative options.
Your car is always depreciating and the longer you keep it, the more value it loses day by day. Why? The reason is that you can get more money for a car with some salvageable parts and the longer time passes, those parts will deteriorate as well. Sell your scrap car for cash as soon as possible and benefit from higher scrap metal prices.
Your car no longer passes the inspection and the costs for repairing the car are too high. Too bad, but the car is ready for scrapping. How does this work? How do you know that your car will be recycled in an environmentally responsible way?
Our company is a licensed and insured while also ensuring the car scrapping is environmentally friendly with no hazardous materials left behind. The scrap car is cleaned of all liquids and other harmful substances, such as the battery. Usable parts are disassembled. Most junkyards store these parts in a warehouse for later sale. The scrap metal is then sold separately.
Give us a call today or fill out our online form today for a free quote today!