1. Scrap metal is down right now especially iron. I would hold onto your metal if you can until the price increases.
2. Auctions are a good idea IF you have an idea what the items are worth. I would set reserves.
3. Make sure you have titles for all the vehicles ready to be 100% legally ready to be sold.
4. Scrap is the LAST resort. Re-sell, parts, drive it yourself, sell to friends cheap, etc. are always better options.
5. Do research first. Never do anything in hurry.
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