Current Market Conditions & Analysis
Current Market Indicators
- Market Direction: ↗️ Rising (+9.5% since February 2025)
- 12-Month High: $175/ton (July 2025)
- 12-Month Low: $115/ton (January 2025)
- Current Avg Price: $175/ton (July 2025)
- Projected Trend: Stable growth expected through Q3
What Drives Scrap Car Prices
- Vehicle Weight: Heavier cars are more valuable.
- Metal Composition: Aluminum & copper increase value.
- Vehicle Completeness: Missing parts reduces weight.
- Location: Demand and yard capacity.
- Current Market: Metal prices fluctuate.
Where Scrap Car Prices Are Highest
Scrap metal prices vary by location. States or cities near ports, processing plants, or high-demand zones often see stronger rates. See current scrap prices by city to compare your area.
Is Scrap Value the Only Way to Price a Junk Car?
No. The scrap price per ton is used when a junk car has no usable parts or resale value. However, vehicles with working components or resale demand can be worth significantly more. Learn how much junk cars are worth overall, based on condition, parts, and market demand.
FAQs About Scrap Car Prices
Why does the scrap price of a car fluctuate?
Scrap car prices can change weekly due to shifts in the global metal market. Prices rise and fall based on supply and demand for steel, aluminum, and copper.
Does a missing catalytic converter reduce a junk car’s value?
Yes. A missing catalytic converter can lower your payout significantly, because it contains valuable precious metals like platinum and palladium.
Is the catalytic converter included in the scrap price?
Not always. Some buyers include the converter in their quoted offer, while others may adjust the price if it has been removed. Always ask if it’s included when comparing quotes.
Does vehicle condition affect scrap value?
Not significantly. Scrap value is based on weight and metal content. However, cars with intact parts like the catalytic converter or engine may receive slightly higher offers.
Are older cars worth more or less as scrap?
Older cars may have more steel and iron content, potentially increasing scrap value despite lower curb weights. However, value still depends on market rates and part completeness.
How does an electric or hybrid vehicle’s scrap value differ?
Electric and hybrid vehicles may carry higher scrap value due to lithium batteries and increased copper content. However, specialized recycling is often required, and not all yards accept them.
What is a car shell worth in scrap?
A bare car body or shell is generally worth $100 to $300, depending on its weight and local scrap rates.
Can I negotiate scrap car prices?
Yes. Many buyers offer negotiable rates, especially if you understand current metal prices and your vehicle’s weight. Getting multiple quotes is the best way to leverage price differences.
When is the best time to scrap a car for maximum value?
Scrap car prices are usually highest in summer and during strong economic periods, when demand for steel and aluminum increases.