Do you want to earn some cash for scrap cars in Sydney? You should know that the current market trends significantly affect how scrappers will worth your vehicle. If you want to get the best prices possible, make sure to sell your car at the right time!
2021: What To Look Out For In Cash For Scrap Cars In Sydney
- The Best-Selling Cars In Australia
Car scrappers in Sydney refer to a variety of factors to determine the price of your vehicle. This includes details such as its make, model, year, current condition, and market worth.
For instance, if you’re trying to sell a damaged Kia Cerato, it won’t go for as much as a Toyota Hilux or even a Ford Ranger. As a rule of thumb, junk vehicles are worth around 20 to 40% of their used worth, and their popularity plays a large role in the pricing. The best-selling cars in Australia as of 2021 are the following:
- Toyota Hilux
- Ford Ranger
- Toyota RAV4
- Toyota Corolla
- Hyundai i30
You can quickly check for the worth of your vehicle through Red Book, a vehicle valuation and information website based in Australia. Take note, however, that their numbers should merely serve as a guide to help you with estimation!
- The Current Prices Of Scrap Metal
Another factor that greatly determines your scrap car prices is the worth of scrap metal. Like many other parts, scrap metal prices change every year, depending on the supply and demand of materials like steel and aluminium. Tax, levies, and rarity also affect the ever-fluctuating prices.
As of December last year, aluminium and stainless steel are worth at around $1-1.50 per kilogram. Meanwhile, copper can go up to $8 and brass $4.50. For a more accurate estimation, you can check the Southern Cross Metal Recyclers’ scrap metal price calculator that allows you to choose the type of scrap metal and weight.
- The Demand For Spare Parts
Lastly, car scrappers factor in the current demand for spare parts into their pricing. After all, more and more people are looking to save cash on repairs and replacements, opting to buy spares rather than brand-new components.
You can easily buy spare parts from online marketing platforms; however, purchasing them at your local scrapper is still the way to go. Here are some of the most common parts sold in 2021:
- Catalytic converters
- Brake discs and pad sets
- Fuel pumps
- Oxygen sensors
Looking for cash for scrap cars in Sydney? You can give Omega Cash for Cars a call at 0401 234 711 to see what services we offer! We can guarantee you the best worth for your vehicle, regardless of its current condition!