Scrap Metal Prices in NZ: What Moves Your Car's Value

Underneath every scrap car offer is a floor set by the value of its metal — and that value moves with global commodity markets. Understanding it helps you read your quote.

Ferrous vs non-ferrous

A car is mostly ferrous metal — steel and iron — which is the bulk of the weight but the lower-value part. The non-ferrous metals — aluminium, copper, and the catalytic converter's contents — are worth far more per kilo, which is why a car with a good engine, wiring and a converter is worth more than a stripped shell.

Why prices move

Scrap-metal prices are set internationally and shift with demand from steelmakers, the exchange rate, shipping costs and global supply. When steel demand is strong, the floor under your car rises; when it softens, it falls. This is normal, and it's why a flat "per-tonne" rate isn't fixed week to week.

Why our offers are steadier than the metal price

Because we value reusable parts as well as the metal, our offers don't swing as hard as raw scrap-metal prices. A buyer who only weighs the shell is fully exposed to the market; a buyer who resells parts can pay a steadier, usually higher, figure. That's covered more in how a scrap car's value is calculated.

What it means for you

Don't agonise over timing the metal market — the bigger factor is not letting the car deteriorate, and keeping it complete. For a current indicative figure on your car, use the value calculator or get a firm quote.

Frequently asked questions