Scrap Car Prices Per Ton Near Me. As stated, the average scrap car price per ton ranges between $145 and $195 making the average scrap car value range between $145 to $877.50. The 10 cities with the highest average scrap car price per ton as of May 2024 are listed below.

Some car models and makes are more popular than others and can generate more money when scrapped accordingly. We've made a list of the top 10 vehicles with the highest scrap prices as of 2023. Model. Scrap Car Price Index. Ford Focus. $1,180. Ford Fiesta. $1,162.48. Toyota Prius.

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Scrap car prices are usually calculated by the weight of the vehicle. The average value for mid-size cars range between $150 – $300. Meanwhile, the scrap value of smaller vehicles can be as low as $100. Insurance companies however, will use the following formula to calculate scrap value: Scrap Value = Cost of Asset - ( Useful life in years ...

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A car in this situation is often referred to as a salvage car or salvage vehicle. Let's say your car has a 5-year life and is bought at $20,000. Using straight-line depreciation, if your car's value depreciates at $3,000 a year, then at the end of its useful life it will be worth $5,000 ($20,000 minus $15,000 from depreciation expense).

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