Hello everyone. I recently just discovered this forum and had no idea there was a forum for
scrap metal. I have been browsing for a while and it definitely seems like you guys are a very knowledgeable group.
I'm a 40 year old male who is currently living in Pennsylvania and I'm pretty much a gear head and shade tree mechanic as they come. I grew up around cars/hot rods and have been working on cars, and spent plenty of time in various junkyards for years.
For actual income I have a cleaning business but for the past few years I have been wanting to start another business on the side that I would enjoy that hopefully involved cars and or something more industrial. Also with this pandemic I saw how the scrap yards were still open for business and I feel that the scrap yards are the last areas in this country that have been untouched from all the political correctness.
That said, a little background, about 15 years ago I use to live in California and I use to drive tow trucks for a vehicle donation program. I helped a man build his business from the ground up after he left his boss who had the same business and became wealthy but his greed and shady business moves caused him problems.
Anyways, we use to advertise in a print newspaper and people would call us to donate their old/unwanted car. We would then resell them to the public on our lot if in decent condition, but if not, we would capture what we could like the gas and then haul the cars to the scrap yard and get money for them. We either sold the car AS IS or we junked it out. We could have up to 40 cars at a time and if we needed money we would just junk them out and get that check.
We paid $0 for those junk cars because the individual would get a receipt from us that they could use as a tax deduction. Sometimes we got decent running cars that had no issues that we could turn around and sell for a few thousand dollars. Mostly cars were junk but we would get something like a 1996 Nissan 300xz that needed a paint job badly.
We were based in Los Angeles and we would pick up cars as far as San Diego and San Francisco. We never took a loss because we got cars for $0, but the overhead of having to rent a huge industrial property, taxes, and maintenance of 3 old tow trucks is where the money went. We also got free labor as we worked with the Courts to provide a job/community service for men comming out of prison. Those men worked for us for free and those men got community service credit. We never had any problems and many of those men and young guys were very talented. One guy worked for us as a mechanic use to be the actual mechanic at Ford Racing in the 1990s and was hands on in the development of the 1993 Mustang Cobra and Cobra R. Another guy was a factory rider for Kawasaki.
I have no interest in building something like that up. It's hard long brutal work (12 hours days) and in Pennsylvania I see that companies are paying $$ for old junk cars. Don't know how that make a profit.
I'm looking for something I can do from home. Around where I live I have literally found catalytic converters on the gound in the street and took them to scrap yards and walked away with 120$ cash in my pocket no questions asked.
Would love to make an extra 500$-1k a month scraping in my neck of the woods. Seems like catalytic converters and brass is the only worthy metal to scrap. Aside from that going to the junkyard and pulling parts to sell on
ebay might also be an option.
Looking for some advice as to what to scrap in 2021 when living out of an apartment. Thanks.
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