You can calculate the scrap value of your car using a simple formula based on weight and current metal prices.
Basic scrap value formula:
(Vehicle weight ÷ 2,000) × Scrap steel price per ton = Base scrap value
Example calculation for a 3,200-pound sedan:
| Component | Calculation | Value |
|---|---|---|
| Steel value | 3,200 lbs ÷ 2,000 × $200/ton | $320 |
| Aluminum (engine, wheels) | 150 lbs × $0.40/lb | $60 |
| Copper (wiring) | 30 lbs × $3.50/lb | $105 |
| Catalytic converter | Precious metals content | $100 |
| Gross value | $585 | |
| Minus processing (20%) | -$117 | |
| Net scrap value | $468 |
To find your car’s weight, check the door jamb sticker or search your year, make, and model online. For current scrap prices, call local scrap yards or metal recyclers. Prices change weekly based on commodity markets.
For the most accurate value, get quotes from multiple junk car buyers or scrap yards. They factor in parts demand, vehicle condition, and towing costs that a simple calculation does not include. See current scrap value of car rates for your area.