Getting The Best Price For Your Old Scrap Car

• A1 Express
• Jun 25, 2022

Let’s talk about how to get the best price for your old scrap car. Right now, we’re in the midst of a perfect storm — a vehicle scarcity bubble that has seen prices in Australia and around the world rise by 30, 40, and even more than 50% year on year.

If you’ve been keeping an eye on used automobile pricing, this should come as no surprise. Indeed, a study by vehicle comparison site Cars Guide found that used car prices on sites like Gumtree, Cars Guide, and Autotrader have increased dramatically in the last year as compared to 2020.

In fact, Gumtree’s average old scrap car price of $13,978 in 2020 has risen to $18,021 which is a 29% rise. So if you act today, you could get the best price for your old scrap car. Few of us are in a position to sell a car without needing to purchase a replacement.

If you are among those few, what are you waiting for? There may never be a better opportunity to get the most money for your old scrap car. Selling your used automobile privately is the greatest method to receive the most money for it.

However, if you don’t want to deal with the trouble, now is an excellent moment to sell to a dealership too. Dealers are in desperate need of vehicles to sell. They’re especially in need of older, higher-mileage vehicles.

They’ll be less motivated when their inventory recovers, so now is the best moment to contact them. Even if you are trying to wreck your old scrap car, you can make a substantial profit.

How to get the best price for an old scrap car – Trade-In Your Old Scrap Car

While trading in an old scrap car, the same dynamics that work against you when buying can work in your favor. A higher trade-in value can make it easier for you to get into a newer vehicle. You could even want to try this method in this market: shop your trade-in around.

Check your vehicle’s value through an online car estimator tool, then phone a few nearby dealerships to see what they’ll give you for it. Alternatively, you can use our A1 Express Car Removals Instant car Valuation tool, which will bring an instant car valuation within minutes.

The requirements of each dealership are unique. Some people may be more eager to pay a higher price for your trade-in than others. Savvy customers know to take their trade-in to a few different dealerships to see how much they may receive for it.

Dealerships are clamoring for more used-car inventory, and prices are skyrocketing. If you’re in the market to sell, now is a wonderful opportunity to get top pay for your old scrap car.

In addition, if you’re trading in your car to buy a new one, the increased value of your used car will help offset the higher price you’re going to pay in these market conditions when buying a car.

Scrap Your Old Car: Now is The Right Time to get the best price for an old scrap car

The vehicle recycling industry, like many others, has struggled during the previous year. Due to the coronavirus pandemic, ports were forced to close, reducing international supplies. The pandemic also put a stop to the production of scrap steel-based items, such as semiconductors.

As a result, businesses all over the world are scrambling to make up for lost time and meet the increased demand for scrap metal. The market for scrap metals like copper, iron, steel, and aluminum is increasing as the pandemic restrictions are eased around the world.

India and China, the Asian superpowers, have begun to import scrap metal through their ports, particularly from Oceania. So, if you’ve been waiting for the right opportunity to junk your old scrap car, this is it.

Due to the unavailability of new cars, people who had previously parked their old cars in their garages are now looking for spare parts to have them repaired. This means that the parts from your scrap cars are in high demand. So at this moment, the parts, accessories, and scrap metal from your old scrap car are at an all-time high.

Sell Your Car Privately

Due to the unreasonable price surge in new cars, people are more than ever willing to purchase a used car. Now is the time to figure out how to sell an old scrap car in the most effective method possible! Why?

In Australia, the pandemic has resulted in an automobile shortage, and secondhand cars are in high demand. Due to a huge car shortage in 2021, car costs are increasing, and used car prices are currently at all-time highs. It’s time to get rid of your old vehicle for a bargain!

For example, Aussies are now willing to pay up to $24,000 for a Ford Ranger as compared to just $18,000 in June 2020 which is a 40% increase. A $10,000 2011 Mazda3 now costs around $12,000 in the small car market, which is more modest but still significant, especially for families looking to buy a new driver their first car.

A new Mazda3 that cost around $26,000 in mid-2020 could be well over $34,000 even for a used one. Also, those who couldn’t fly elsewhere decided to buy a 4WD and drive around Australia at the outset of the pandemic.

Unfortunately, because there were so few vehicles there, many people had the same idea at the same time, and the price rose. Work vehicles for tradies, farmers, and mining firms have all been affected as a result of this. So no matter the kind of vehicle that you are willing to get rid of, private selling could be the optimal choice for you.

Just be sure to check what similar vehicles are being sold for. The methods to get rid of your old scrap car are the same as always. The only difference is the lucrative amount you could make for yourself.

The same old stingy dealers are now willing to pay handsomely even for your high-mileage cars and the scrap car dealers have somehow become quite generous too. If you only have only one vehicle and are relying on it on a daily basis, don’t let greed come in the way.

Today, having a private means of transportation is far more beneficial than anything. But if you have an old clunker lying idly in your garage or backyard, get rid of it ASAP.