When it’s time to sell your old car, understanding the current scrap car market can make a big difference in what you pocket. Today, the average net ton price for scrap cars ranges between $155 and $185, with many vehicles bringing in around $165 per ton, depending on metal market trends and local demand.
Scrap car prices are determined largely by the metal content of your vehicle, such as steel and aluminum, which are broken down and repurposed. Whether you’re looking to clear space, make some extra cash, or ensure your car is disposed of responsibly, it’s natural to have concerns about getting the best value. We’re here to break down these factors, so you feel confident navigating the process and securing a fair price for your vehicle.
How Scrap Car Prices Are Calculated
The value of your scrap car is primarily determined by:
- The weight of your vehicle in metal
- Current scrap metal prices per net ton (nt)
Scrap metal is priced per net ton (2,000 pounds), and in the U.S., this is the standard unit for determining the value of scrap vehicles.
Current Scrap Metal Prices (as of 10/21/2024)
Metal Type | Price per Net Ton (nt) | Price per Pound (lb) |
---|---|---|
Steel | $120 - $250/nt | $0.06 - $0.12/lb |
Aluminum | $500 - $700/nt | $0.25 - $0.35/lb |
Copper | $5,000 - $6,500/nt | $2.50 - $3.25/lb |
Cast Iron | $150 - $300/nt | $0.075 - $0.15/lb |
These prices represent national averages. Actual offers may vary depending on your region, vehicle condition, and market trends. By converting to price per pound, you can get a better sense of what smaller portions of your vehicle’s metal are worth.
Scrap Car Prices by Vehicle Category (Based on $155-$185 per Net Ton)
Vehicle Category | Average Weight (lbs) | Estimated Scrap Value ($) |
---|---|---|
Compact & Small Cars | 2,600 - 3,000 lbs | $201 - $278 |
Midsize Sedans & Standard Cars | 3,000 - 3,500 lbs | $233 - $324 |
SUVs & Crossovers | 4,200 - 4,800 lbs | $326 - $444 |
Pickup Trucks | 4,500 - 5,500 lbs | $349 - $509 |
Vans | 4,500 - 6,000 lbs | $349 - $555 |
Heavy-Duty Vehicles | 5,500 - 7,000 lbs | $426 - $648 |
Vehicle Shells (Stripped of Parts) | 1,000 - 2,500 lbs | $77 - $231 |
Explanation of Vehicle Weights and Scrap Values:
- Compact & Small Cars: Weighing between 2,600 and 3,000 lbs, these vehicles offer lower scrap values, typically in the range of $201 to $278.
- Midsize Sedans & Standard Cars: Weighing between 3,000 and 3,500 lbs, midsize sedans are worth between $233 to $324, based on current scrap metal prices.
- SUVs & Crossovers: Larger vehicles like SUVs and crossovers, weighing 4,200 to 4,800 lbs, bring in higher offers—typically $326 to $444.
- Pickup Trucks: With an average weight of 4,500 to 5,500 lbs, pickups yield scrap values ranging from $349 to $509.
- Vans: Vans are typically heavier, weighing between 4,500 and 6,000 lbs, resulting in scrap values between $349 to $555.
- Heavy-Duty Vehicles: Trucks and other heavy-duty vehicles weigh anywhere from 5,500 to 7,000 lbs and offer scrap values between $426 to $648.
- Vehicle Shells: Stripped shells, often devoid of high-value parts, weigh significantly less (1,000 to 2,500 lbs) and are valued at $77 to $231, depending on weight.
Factors That Impact Scrap Car Prices
Several factors influence how much your car is worth when scrapped:
1. Weight of the Vehicle
Heavier vehicles contain more metal, leading to higher scrap values. SUVs, trucks, and vans tend to yield more because of their larger size and metal content.
2. Current Scrap Metal Market
The prices of scrap metal are affected by global supply and demand. When demand for steel or aluminum increases (e.g., in construction or manufacturing), scrap prices rise. Conversely, when demand decreases, so does the value of your scrap car.
3. Location
Scrap prices vary by region. For instance, scrap yards in densely populated or industrial areas may offer higher prices due to increased competition. Rural areas may see lower prices due to transportation costs.
4. Condition of the Car
The condition of the car also affects its value. If your car has significant damage or is missing parts, the price may be lower. Conversely, cars with valuable, intact parts (e.g., catalytic converters) may fetch a higher price.
5. The Type of Metal
Certain metals are more valuable than others. Cars with more aluminum or copper parts (e.g., wiring) may be worth more. Cars primarily made of steel, while common, have lower scrap value per ton.
Scrap Car Prices by Vehicle Category
Different vehicle types provide different scrap metal values. Below are some average scrap price ranges based on vehicle categories and metal content:
Vehicle Category | Average Scrap Price (nt) | Average Scrap Price (gt) |
---|---|---|
Compact & Small Cars | $150 - $400/nt | $168 - $448/gt |
Midsize Sedans & Standard Cars | $200 - $450/nt | $224 - $504/gt |
SUVs & Crossovers | $300 - $600/nt | $336 - $672/gt |
Pickup Trucks & Vans | $400 - $800/nt | $448 - $896/gt |
Vehicles with Heavy-Duty Frames (e.g., Trucks) | $500 - $1,000/nt | $560 - $1,120/gt |
Vehicle Shells (Stripped of Parts) | $50 - $200/nt | $56 - $224/gt |
Tips to Maximize the Scrap Value of Your Car
Here are a few strategies to get the most out of scrapping your car:
- Remove Valuable Parts: Before scrapping your car, remove valuable parts like the catalytic converter, battery, and tires, which you can sell separately.
- Understand Scrap Metal Prices: Keep an eye on current scrap metal prices. Scrap yards may offer higher rates when demand is high.
- Choose a Competitive Scrap Yard: Get quotes from multiple scrap yards. Competitive markets often drive higher offers.
- Prepare Your Car for Scrapping: Remove personal belongings, and if possible, have the title ready. Some scrap yards offer higher prices for cars with titles.
- Sell During High Market Demand: The scrap metal market fluctuates. If possible, sell your car when prices are higher.
Pro Tip: What About Salvageable Parts?
Even if your car is destined for scrap, consider the value of its salvageable parts:
- Catalytic converters contain precious metals such as platinum, palladium, and rhodium, making them worth up to $200 - $800 on their own.
- Aluminum wheels can add an additional $50 - $150 depending on size and condition.
- Battery packs in electric or hybrid vehicles can be valuable in the secondary market.
FAQs About Scrap Car Prices
How is the value of my scrap car determined?
It’s based on the vehicle's weight, metal content, and current market prices for scrap metal.
Can I remove parts before scrapping my car?
Yes, but removing valuable parts such as the engine or catalytic converter can lower the offer.
Is the weight of my car the only factor?
No, the type of metals in your car, such as aluminum or copper, also affect its value.