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Buying broke down appliances

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  1. #1
    Catfish Bob started this thread.
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    Buying broke down appliances

    Hello,

    Over the weekend I wanted to test the waters on craiglist. So I posted in two sections, Appliances and Wanted.
    I posted that I would pick and pay cash for non working/wanted appliances.
    Here is what I scored.
    2 broke fridges and a stove for $25. Spent about $10 in gas picking up.
    1 lady responded to my post and offered me a free washer machine. Spent about $6 in gas picking it up.
    For $15 I scored a broken washer dryer set which I spent about $5 to $6 on gas to pick up.
    So I'm about $60 in the hole but I figure I should easily double up. Price I'll get paid at the yard should be $230 ton unless the price has gone down this week.
    Not gong to mess with the copper in the fridges as I have no way to recover the gas. I'll let the yard deal with that chit. Did take the motors and insulated copper off the dryer and washers.
    Last edited by Catfish Bob; 05-16-2011 at 10:52 PM.


  2. #2
    dherik's Avatar
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    There's always a ton of free ones on CL here....

  3. #3
    Mechanic688's Avatar
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    I don't think I would buy appliances, #1 you can only haul so much in a pickup(unless you had a trailer). #2 A lot of the people are overjoyed that your getting that "junk" out of their way. The only thing I buy right now is auto/truck batteries. Just my 2 cents

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    BigRyan's Avatar
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    That's cool that you scored some stuff, but like dherik said, in my area as well there are more free ones then I can handle. I post an ad in the appropriate sections (labor & moving, household services, appliances) late at night, and by the next morning, almost like clockwork, I have people calling (I have to turn some of them down if they want it gone that day!).

    Now get this, I even charge them $10 if the appliance is in their basement or anywhere else but the garage, driveway, or 1st floor of the house, and they pay every single time...which covers my gas.

    Just food for thought!

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    If you're handy, some of these machines are easy fixes. Tons of repair videos on youtube. Invest an hour or two, some parts, and make far more than scrap.

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    Gotta kinda go with the flow on this one. There is a very short list of things that I will pay money for in small quantities. Appliances are great, but they are not on that list......unless you are into fixing them for a profit. I will make an exception for large quantities....just like buying iron. Example. I did give $50 for a large pile of mostly complete appliances, washers, dryers, refers, freezers, stoves, even a couple of microwaves. It was 80 some odd total appliances....enough to fill the trailer.

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    I give 5 bucks for each appliance. What you're going to run into, because junk prices are so high is that the average idiot is going to go out and become a scrapper and CL is definitely going to become overpopulated with people posting ads for scrap. In my town alone, I see 4 ads a day for people looking for scrap on CL which is why I run an ad in the local paper, have a facebook, have a website, and have 4 businesses save their scrap for me. I plan ahead. Some folks are just lucky to be in an area where scrappers aren't prevalent. In my town it's survival of the fittest. Besides that, I have a problem with generally going to someone's home and getting something for free in a time of recession. In my opinion, give out a few dollars. Karma is your friend and nothing helps word of mouth along like a good deal. People will tell their friends and neighbors about you and how they easily made some cash.

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    Karma is great but im with everyone else. There is more than enough free stuff to go around. Sometimes you can even get paid to remove stuff for them. If your wanting to just help the elderly and not make money i say never buy appliances. I got a dryer from a buddy the other day. It works he just wanted it out of the way. Next day i passed him. He had a flat. I stopped he didnt have a jack so i loaned him mine. And i helped him change it. See i got good Karma too. lol

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    Mick's Avatar
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    Bob, is your yard CHARGING YOU to take the stuff with freon? Mine charges $12 to take a refrigerator. You might want to rethink your whole approach to this; Paying for appliances and not maximizing income. At an average price for Light Iron of $185/ton, you need about 650 pounds just to break even. I'm estimating you have approx 500 pounds.
    People may laugh at me, but that's ok. I laugh all the way to the bank.

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    Mick's Avatar
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    Kris Kringle and I were posting at the same time.

  13. #11
    Catfish Bob started this thread.
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    Yes my area is very overpopulated with DIY scrappers. I mean why not? Instead of giving this $40 in scrap away I'd take it myself, that is $40 to put toward new chit. Plus I'm down here in the south where everyone and their grandma has a pick up truck.
    Ever watch American Pickers? They always complain about picking in the south because no one down here lets go of their chit and if they do your going to have to pay for it.
    Great example is a guy down the road from my cousin. This guy lives in a dam falling over shack and has a 60's charger sitting in the front yard rusting to dust. You couldn't give this guy $100k for that car.
    I aint got the time to fix or place to sell/display used appliances. Luckily good friend of mine from high school, him and his father run/own a huge appliance repair shop. They send out five techs every day doing contract work for GE and the likes. What I do is take the appliances to him first which is no problem because his shop is on the way to the yard from my place. He looks them over and if their worth fixing and he can sell then he'll have a tech fix it and sell it and give me a nice chunk.
    I'm not talking about fixing a fridge and turning around and selling for $100, I'm talking fixing and selling for $400 to $500.

    One good thing about offering to buy the appliances,, the guy I bought the washer and dryer from had me meet him at his storage unit. He was saying that he has a lot more stuff at his house that he would like me to make an offer on.
    Also got a call today from a guy that is going to sell me a fridge for $20. He's already got in the back of his truck and is going to meet me 1 mile away. Said he wanted to take in himself but never gets off work early enough.
    Its all adding up and hopefully going to turn into a couple nice loads, payouts. One load of fridges to the chitty mud pit yard at $230ton and a load of appliances to the nice paved yard at $245.
    Last edited by Catfish Bob; 05-17-2011 at 10:44 PM.

  14. #12
    Catfish Bob started this thread.
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    Quote Originally Posted by Mick View Post
    Bob, is your yard CHARGING YOU to take the stuff with freon? Mine charges $12 to take a refrigerator. You might want to rethink your whole approach to this; Paying for appliances and not maximizing income. At an average price for Light Iron of $185/ton, you need about 650 pounds just to break even. I'm estimating you have approx 500 pounds.
    No
    and
    last week I dropped off one fridge and one dishwasher which was packed tight with empty food tin cans. Got $61 for 540lbs at $230 ton,,yard rounds up and down.
    Last edited by Catfish Bob; 05-17-2011 at 10:56 PM.

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    Saroro's Avatar
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    Quote Originally Posted by IdahoScrapper View Post
    If you're handy, some of these machines are easy fixes. Tons of repair videos on youtube. Invest an hour or two, some parts, and make far more than scrap.
    I completely agree. Buy one of these books: Reader's Digest - Fix-it-yourself manual. It has TONS of info on how to fix the common problems in most everything.
    Faith x Needs = Motivation

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    It's definitely handy to know someone who works/runs an appliance repair/sales shop. I established contact with a local one (on the way to the yard) and stop by on my way to the yard to let him buy anything he feels is worth fixing up. We worked out a fair deal that makes it worth my time to sell to him rather than the yard if I have anything he likes.

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    EcoSafe's Avatar
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    talking about the south and old cars, I came across a super bird sitting in the back yard of this old ladys trailer one day, she was using it for storage of old useless cloths and junk. that was 30 years ago im sure the ants finaly burried it. I couldnt buy it from her for any price. that car is worth up to 1 million $ today. the numbers of 57 chevys rusted away to dust in front yards down here are uncountable.

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    dherik's Avatar
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    Quote Originally Posted by olddude View Post
    talking about the south and old cars, I came across a super bird sitting in the back yard of this old ladys trailer one day, she was using it for storage of old useless cloths and junk. that was 30 years ago im sure the ants finaly burried it. I couldnt buy it from her for any price. that car is worth up to 1 million $ today. the numbers of 57 chevys rusted away to dust in front yards down here are uncountable.
    When I was working for my Uncle in Mesquite, they passed some code compliance ordinance threatening to shut off people's water service if they didn't clean up their yards, I was buying old caddys and suburbans for 25 bucks, and taking them straight to the scales. I made friends with a code compliance officer, and found out what neighborhoods he was working. I wouldn't even have to knock on doors sometimes, people would flag me down. Man those where the days

  19. #17
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    I used to scrap washers and dryers and then I looked up "appliance repair" in the phone book.

    A timer for a washing machine is $75 minimum and these appliance repair guys will always buy broken ones at $25 - $50 each to get parts cheap. I haven't scrapped a washer in a while (except the ones I find out in the desert that have been used for target practice).

    Around here, alot of people set them out on the curb with a "free" sign on it and you can just pick them. You can troll Craigslist too for freebies but it's just too competive for me to fool with.

    Overall there's much more profitable things than washers and dryers but I'll grab them when I see em.

  20. #18
    Catfish Bob started this thread.
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    Alright dudes I got a small mother load.
    Thanks to my offering to buy appliances ad,
    A lady gave me a call Friday afternoon.
    She is moving and had some appliances she wasn't taking with and the people moving in didn't want her to leave.
    So she saw my ad and called me.
    For free! I got a 23cube ft deep freeze still works-keeping for myself, a side by side whirlpool fridge(broken ice maker)--sold $150, a little under bar fridge sold-$50, a hand made wine rack that can hold 110 bottles--for sale for $100.
    Also got lots of other small goodies but way too much to list.

    I got $200 for the 2 fridges but reason I was able to sell so quick is because my brother in law has a flea market booth. I didn't have to pay him for selling them but I did help him wrap a house hes currently working on which took about 3 hours.
    Last edited by Catfish Bob; 06-06-2011 at 08:01 PM.

  21. #19
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    Hey, I learned a new thing the other weekend that ya'll might want to know. Washers/dryers have gone electronic and the washer repair places don't want the new style washers as the board is what goes bad and it's too expensive for them to replace and sell the washer.

    I nabbed one of the new ones and had to drive to three different places (lucky for me they were all within a mile of each other) before getting a measly $20 for it.

    Of course if the board works fine and the motor is what's bad they'll want it.

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    I don't know. I get so many appliances for free they're hard to turn down. Almost all of what I get are washers and dryers. Maybe I'm screwing up but I just tip them over, get the motor, snip the wires, then fill them up with other metal. At about 12-15 a week for free it's hard to pay. They don't weigh all that much and it's hard to fit many on a truck. Between fuel used for pickups and trips to the yard it's not very profitable. I hope to free up another trailer and pack a weeks worth of appliances on it for one trip to the yard per week to maximize fuel.
    Hopefully it's talking to people when I pick them up that leads to other things. I also use the drive to and from to scope out prospects for face to face on more profitable items. A scrapper wastes nothing including time.



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