Took in another 8,800 lbs. of batteries today.......
Took in another 8,800 lbs. of batteries today.......
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Cha-Ching!!!
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This new yard I'm going to is only giving .19/lb
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Western Metals in Sheridan is up to $0.20/lb as of today.
Good times will be had by all!
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I'm going to try something new, I'm going to make a sign and attach it to the tailgate of my truck(yes, I kept it) stating that I will buy old car, truck, and boat batteries for $6.00 each. My house is real close to a heavily traveled county road, and it's easy to see the truck from the road. Also this is a lake area around here with 8 or 9 lakes close by and the lake people are getting their boats, pontoons, and houses ready for summer. We are around 15 miles from the scrap yard and I can't see them running into the yard for only one or two batteries, when they can get $6 each for something laying around, getting in their way. It's worth a try, and if I get a load the truck can pay for itself hauling them in. My last battery paid $11.75. What do you think,,?
Sounds like a great plan to me!
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Just keep an eye on that price that the yrd pays. It can flip on you in a heart beat. Anyone who bought silver a week ago and still has it, just lost 25% in one weeks time. I don't see lead flipping that fast, but sometimes it will. I am hoping oil would flip that fast.
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Just my opinion, but I think $6 might be a little high to make any profit. Consider all your expenses, including labor (even yours), storage and fuel. At .20 a pound, that's $7 each at the yard (you make $1 per battery), each penny is .34 movement (up or down) so if the price drops to .17, you will only get your $6 back. (Figures were rounded)
(edit) Are you getting marine batteries? My example was based on car & light truck batteries, so what you get would be different.
Last edited by Mick; 05-05-2011 at 05:35 AM.
People may laugh at me, but that's ok. I laugh all the way to the bank.
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Good point Mick, my last battery was .28 cents a pound but like you said, it can change in a hurry. Hopefully there will be some marine batteries available as the lake people replace their batteries in their boats and pontoons. I know some take them in for the core charge but a few people don't like getting their hands dirty,, lol
Don't we all,,,?? The only way I see it flipping is up. We're at 4.29 right now, whew!I am hoping oil would flip that fast.
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Oil just dropped like a rock today and silver went down even more. Gold and the other PMs came right with it all.
http://news.yahoo.com/s/ap/20110505/..._ge/oil_prices
There is the headline. It dropped more than $10 per barrel today to land below $100. Prices at the pimp should ease a bit and drop in a mon th if the prices stay down.
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[QUOTE=parrothead;8964]Oil just dropped like a rock today and silver went down even more. Gold and the other PMs came right with it all.
So did lead, copper and aluminum. Expect prices at the scrap yards to follow.
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I don't know about you but my pimp don't lower his prices,,,lolPrices at the pimp should ease a bit
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Wow,........What a typo. Oops. I wouldn't know about that. I always went straight to the source. I don't like middlemen.![]()
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Have 60 batteries in the pickup to go in in the morning. $10 each, or .30/lb, whichever is higher.
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I'd say the .30/lb will be higher,, on an average battery.
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60 batteries were 2340#, so $.30/lb.= $702
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Cha-ching, good job. how long did it take you to acquire that many batteries? And were they commercial or residential? I'm just curious, Like my cat.
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About 3 months. Commercial or residential....I don't follow. Auto, marine, truck & tractor batteries.
I believe he was asking if you picked them up from residential, or if you have commercial accounts.
Nice haul by the way.
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Oh, I get it. It's late & I'm tired.....residential. Got lucky & scored 25 or 30 of them from one farmer for 1.50 each. Thanks!
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