Scrap Car Prices: View Local and National Average Scrap Values of Cars
According to Junk Car Medics, the national average for scrap car prices is $563. The price is based on a model of mid-sized vehicles manufactured between 2001 - 2006. These mid-sized vehicles account for more than 80% of all junked cars.
Scrap Car Price Index for 2022
Scrap car prices was highest in April 2022 because the average cost of a junk car was $686.15. The least amount of money earned was on July 2022, with the average price being $547.54.
Current Scrap Car Price (Average):
What are Scrap Cars and Junk Cars and Why Are They Valuable?
Scrap cars and junk cars are the same thing. Scrap and junk cars are vehicles that are sold to scrap yards for their metal. The heavier a scrap car, the more money it fetches. Scrapyards buy these cars for valuable metals such as aluminum, brass, lead, copper, and silver.
The most common cars sold for metal are models manufactured between 2001 - 2006. Discover all the ins and outs of what are junk cars.
What is the average price of a scrap car nationally?
The current average price for scrap cars nationally is $563. National prices will vary from local prices because of location, demand, and supply constraints.
Areas with large steel mills will have better scrap car prices because of increased factory demand.
What is the current price of scrap cars by State?
Maryland has the highest average scrap car prices at $844.04. The second State with highest, average car price in New Jersey is $708.90. The State with the lowest average scrap car price is West Virginia at $105.00, followed by Idaho at $191.25.
There are three main reasons why national scrap metal prices differ. The first reason is location. States near large cities, ports, and transport hubs have low business costs. Most of the scrap metal bought is sold to larger scrap yards in different parts of the country. These scrap yards then sell the metal to recycling facilities.
States with low business costs have higher scrap vehicle prices. Second, states with large steel mills will attract higher scrap car prices. Large steel mills create artificial shortages for scrap, and this increases costs.
Lastly, scrap quality affects the price of scrap metal prices. Scrap cars covered in corrosion will attract lower prices compared to clean vehicles.
Below is a table for scrap prices from other states in the USA.
|State||Average Scrap Car Price||Compared to National Price|
|District of Columbia||$615.00||$52.00|
Here are scrap car prices in the top 20 Cities in 2022.
The scrap car prices below were last updated in October 2022. As of October 2022, the city with the highest average scrap price was Los Angeles, CA, at $1,440.00. The second city with the highest prices was San Antonio, TX, at $889.43.
Cities with the lowest scrap vehicle prices were Kansas City, MO, and Columbus, OH, at $369.82 and $381.14, respectively. Below is a table of scrap prices for other major cities in the country,
|City||Average Scrap Car Price||Compared to National Price|
|Los Angeles, CA||$1,440.00||$877.00|
|San Antonio, TX||$889.43||$326.43|
|Las Vegas, NV||$488.00||-$75.00|
|Fort Worth, TX||$482.34||-$80.66|
|Kansas City, MO||$369.82||-$193.18|
|Saint Paul, MN||$428.54||-$134.46|
|Fort Wayne, IN||$487.61||-$75.39|
Here Are The Vehicles With The Highest Scrap Car Prices in 2022
As of October 2022, the car with the highest average scrap price is the Hyundai Sonata that is currently being sold at $818.84. Chevrolet Cruze comes in second at $776.15.
Below is a table of the top ten vehicles with the highest average scrap prices.
|Vehicle||Average Scrap Car Price||Compared to National Price|
Here Are The Vehicles With The Lowest Scrap Car Prices in 2022
The car with the lowest scrap automobile price is the Pontiac Grand Prix, which attracts a price of $239.44. This is followed by the Chevrolet TrailBlazer, which attracts a price of $301.25.
Below is a list of the top 10 car brands with the lowest scrap car price.
|Vehicle||Average Scrap Car Price||Compared to National Price|
|Pontiac Grand Prix||$239.44||-$323.56|
|jeep Grand Cherokee||$383.69||-$179.31|
|chrysler PT Cruiser||$410.18||-$152.82|
Here Are Scrap Car Prices by Vehicle Make in 2022
As of October 2022, BMW had the best scrap car prices at $819.27. Hyundai was the second most expensive decrepit car at $750.37.
Below is a list of the average vehicle make prices in the country.
|Vehicle Make||Average Scrap Car Price||Compared to National Price|
Here Are Scrap Car Prices by Vehicle Year
Vehicles manufactured between 2013 -2015 had the highest scrap vehicle prices in the country. Cars manufactured in 2014 retailed at $1,284.56, followed by vehicles manufactured in 2015 that retailed at $1,281.71.
Automobiles manufactured in the year 1994 had the lowest average scrap vehicle price of $317.50. This was followed by vehicles manufactured in 1999 with a selling price of $361.49.
Below is a list of average vehicle prices based on the year of manufacturer.
|Vehicle Year||Average Scrap Car Price||Compared to National Price|
Are the car scrap prices high in USA?
Yes, car scrap prices in America are currently high. Two factors are causing the high prices. The first is the increased demand for used car parts. Decrepit cars have valuable components such as Gps systems, catalytic converters, airbags, wheels and tires, bumpers, and fenders.
An increase in used car prices has made it difficult for people to buy used vehicles. Demand for used vehicle parts has created artificial shortages, which have resulted in increased costs.
Over the last few months, prices of used vehicles have been falling. After some time, demand for used car parts will fall because drivers will afford to buy used cars. A fall in demand for used spare parts will result in the cost of scrap metal falling.
The second factor is the demand for scrap metal. An increase in demand for scrap metal will cause the prices to increase. Demand for scrap metal can be caused by large steel plants or price increases in the international market.
How Much Are Scrap Cars Worth?
7 Factors determine scrap car prices. These factors are listed below.
- Vehicle Year, Make, and Model: Some vehicles are more in demand than others because of their weight. The heavier a vehicle, the more demand. Cars such as Hyundai Sonata and Chevrolet Cruze are costly because they are in high demand.
- Vehicle Condition and Drivability: If the vehicle is not movable and is only suitable for its scrap value, it will cost less. Portable cars with valuable components, such as the engine and transmission line, will cost more. Valuable parts can be sold to second-hand dealers for a profit.
- Vehicle Weight in Scrap Metal: Scrap yards buy scrap vehicles for their metal. A 2.5-tonne car will cost more than a 1.4-tonne car. Heavier vehicles have more metal, and this increases their price. Common metals in a car include aluminium, lead, copper, and brass.
- Local scrap prices: High local prices increase the cost of buying a decrepit vehicle. Local prices are affected by factors such as demand and supply constraints and the cost of business. High local logistic costs will reduce the price of junk cars.
- Value of the car's components: Junkyards pay more for vehicles with valuable parts. Valuable parts that will increase the car's value include the engine, transmission line, radiator, sensors and catalytic converters.
- Vehicle Location: Scrap vehicles in large and industrial cities fetch higher prices. Scrap cars in hard-to-reach areas such as desert communities fetch low prices. Scrap yards offer less money where logistic costs are involved.=
- Vehicle Title: Scrap buyers pay more for decrepit cars with a title. Scrap vehicles without a title cost less because scrap dealers can not sell them to other people. In most states, selling a car without a title is illegal. States such as Connecticut have exceptions to this rule. However, the seller will still need to prove ownership of the vehicle.
Scrap car prices are affected by seven main factors. Knowing these factors is vital because you can estimate how much a scrap yard should pay for your decrepit car. To come up with an accurate estimate, consider the average price of a similar scrap vehicle in your local area.
Scrap sellers should get free quotes from reputable online junk car buyers to determine how much a junk car is worth.
What are scrap car prices per ton?
The current scrap vehicle price per ton is $145. One ton equals 1,000kg of metal. In 2011, scrap car prices hit a record high. This was caused by several factors, such as an increase in demand from the international market and an increase in local demand.
In 2021, the price of copper scrap hit a record high. This was caused by increased demand from the manufacturing and construction industries.
The scrap prices of a car body will depend on its weight. The heavier the car, the more the cost. Scrap vehicles that weigh two tons are worth $290.
Scrap vehicle prices are highest during summer because the manufacturing industry operates at full capacity. The prices are lowest during winter because the manufacturing industry has scaled down operations.
When are scrap car prices the highest?
Scrap car prices are currently very high. However, it is impossible to predict what prices will do in the future as the scrap market is as volatile as the stock market. Values are high now because of the automotive chip shortest and people holding onto their cars longer but we do not know what will happen in the future.
How much is a car body worth in scrap?
A car body is currently worth $290 on average. The national average for steel right now is $145 per ton and the average weight of a car is right around 2 tons.
A car body is the supporting structure of a vehicle mounted on the chassis or frame of a vehicle. Metals such as steel are used to construct the body of the car. Steel is used to manufacture the brakes, roof, and engine. Aluminum is used to manufacture bonnets and crossbeams.
What are the valuable scrap metals in cars?
There are four main valuable metals in a vehicle Aluminum, Steel, Copper, and Brass.
Aluminum is lightweight and used to manufacture suspension parts, bonnets, and bumpers. The second valuable metal is steel. Steel is used to manufacture components such as the engine, chassis, and door panels. The third important metal is copper. Copper is mainly recycled from copper wires and is used to create a car's electrical system. Lastly, the fourth valuable scrap metal is brass. Brass has a gold-like appearance, and it is found in old vehicles. Other metals found in small quantities are lead, silver, and iron. Silver is used in the decoration of cars.
Parts such as catalytic converters are valued for their precious metals. Valuable metals found in a catalytic converter include platinum, palladium, and rhodium. These metals make up the most valuable metals in a junk car.
In evaluating a car, a scrapper takes the weight of the vehicle, multiplies it by the current price for scrap metal, and then arrives at a figure. What the offer would ultimately be less than that figure to account for the time and effort it takes to dismantle and crush the car.
How much are scrap car parts currently worth?
There are four main valuable decrepit car parts. The first is a catalytic converter, valued for its precious metal. The value of a catalytic converter is $50 - $1200. The second valuable part is the engine. The engine is made from steel and converts fuel into mechanical energy.
The price of a scrap car engine will depend on its weight. The heavier the machine, the more money it fetches. The third valued part is the transmission. A used transmission system has a value of $500 -$1400.
Lastly, scrap vehicles have radiators. A radiator acts as a heat exchange point. It is designed to cool the engine and protect it from stalling. The scrape value of a radiator is $5 -$30.
Are Scrap Car Prices Lower Without The Title?
Yes, scrap vehicle prices are lower without a title. Junk sellers with a clean title will make an average of $614.11 per vehicle. Junk car owners without a title will get $237.64. Scrap car sellers with a rebuilt title will earn $726.79.
Below is a list of average prices offered to junk car sellers with different types of titles.
|Type of Title||Average Price||Percentage|
It is possible to junk cars with no title but you are likely to receive less money.
Who gives the best price for scrap cars?
Junk Car Medics gives the best price for scrap cars because we get junk cars in front of a network of buyers and get buyers to offer their best price for the car. The highest bidder is the winner so they know they must make a competitive offer. Our online calculator has a state-of-the-art algorithm that determines who will pay the most for a car and instantly present an offer.
Calling a local junkyard, salvage yard, or scrap yard, they will likely try to low-ball with their offer in hopes of being the only option. With Junk Car Medics, a car gets in front of the best options in any area and gets the best price
Read more about who gives the best price for scrap cars.
Do scrap car prices frequently change?
They do and in either direction.
Until recently, there had been an overall downturn to the market, largely because other countries have started producing their steel and have stopped leaning so much on America for it. As the demand for steel (aluminum, copper, etc.) falls, so too will scrap car prices. However, this changed since the pandemic has rocked the globe.
Mainly, it's been good for junk car sellers as prices have swung back in their favor, but the volatility has made it difficult for anyone to predict what's going to happen. For instance, at the very beginning of the virus, prices tanked before starting to recover.
Scrap metal prices can be unpredictable, but not wildly so. Day to day may only see the prices change by a cent or two. Considering there are thousands of pounds worth of metal in cars though, it does make a difference.
At Junk Car Medics, we usually advise not to wait to sell because there's really no such thing as timing the market.
How much does it cost to junk a car?
It costs $0 to junk a car. Once you accept the quote, you will be paid in cash.