Originally Posted by
jmf346
I have an opportunity to buy 2 pallets of scrap towers, laptops, xboxes and hard drives from a buyer who will only sell per pound. He is local and I'm interested but still relatively new to
Escrap. I am going to take a look at the load. Seller estimates 1700 lbs. I don't know age of computers, etc. Should I consider buying at 40 cents per pound????
Because I buy all (90%) my scrap I'm always a little hesitant when I make a large purchase. The more I risk, the more reward I want. I'll buy something for 10.00 just to take it apart. Sometimes it's the only way you will learn. I'll take a chance on a lot of electronics for 50.00. When you start exceeding that, I want to know what I'm buying, what it's worth, and what I will make. You are talking about at least 700.00+ (when you factor in gas/transportation). Not knowing specifically what you are buying is crazy. You are setting yourself up for a BIG LOSS. I see the loss, where is the big potential profit buying desktops for 10.00???
Take this example...
The avg computer weights about 25#. At .40# you are paying 10.00 a computer. When you factor in gas,
you are LOSING money if they are complete computers (which they won't be).
Laptops believe it or not are a better deal. You will be
only LOSING A LITTLE on each one. You pay .40#, they are worth .75#, (+.35#) - .50# shipping you are only losing .15#.
This is a real dog unless you know exactly what you are buying which is most likely why he is selling it by the pound. I've seen way too many people trying to justify a poor purchase with the idea that they will resell some of the stuff. The way to make money is to pay less than scrap so no matter what happens you don't lose.
Another example is that I purchased a Dictaphone for 7.00, I really had no idea what was in it. I took it apart and found 6# of pretty decent telecom boards. I then found this auction:
https://www.govdeals.com/index.cfm?f...60&acctid=2310
And purchased 5 more for 11.00. I have no idea what Zetron equipment is and really don't care. I know off the Dictaphones I'll get 30# of decent telecom boards. Maybe I'll make some cash off the Zetron equipment but I'm in the black just off the Dictaphones. You have to buy smart or pass.
Run away....
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