The prices go up and down, but you can expect about $250-$500 for your junk car, depending on the vehicle’s weight.
Other factors to determine junk car value include year, completeness, and damage.
How much is a scrap car worth today?
The majority of the weight in your car is composed of steel. It’s fairly easy to determine the value of scrap steel at local recycling yards. Prices of around $150 per ton are common, so your average car is usually worth around $300 to a scrapyard.
Do you get money for scrapping a car?
Scrapping your car is relatively easy. And because of the increase in scrap metal values, you should be able to get some money for your car. This needs to take place at a scrapyard, or Authorised Treatment Facility (ATF) that’s licensed by the Environment Agency.
What is scrap value?
Examples of Scrap Value
The relatively small amount of money that the manufacturer receives for the impure aluminum is known as the scrap value. For examples of scrap value that is meant to be the disposal, residual, or salvage value of a plant asset, see our major topic Depreciation.