What are the self pull junkyards paying per vehicle otd at auctions, I'm guessing $200-325 per vehicle? High end being trucks and suv. Any word on what someone has seen personally?
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What are the self pull junkyards paying per vehicle otd at auctions, I'm guessing $200-325 per vehicle? High end being trucks and suv. Any word on what someone has seen personally?
Pretty good guess. When I was planning on starting a used car business, I went to a "private" auction and watched good, running cars sell for average of $500 each. Cars pulled/pushed in about $200. My mistake was trying to get a bidder number. I wasn't asked to leave - I was told to leave "right now". Couldn't even buy lunch before I left.
Not sure about what they are paying at auction but they will come get most cars from Joe Blow and pay 300-400 bucks in most cases....need to be complete though.
the one by me buys them for a little over shred
Don't know what junk cars r bringing now at the auctions but several years ago I bought some nuggets for a dollar a piece... The last vehice I bought for junk I think I give 400 for it....
Why did you have to leave? Was it a dealer only auction?Quote:
Originally Posted by Mick
Yes. A dealer friend of mine told me about it but neglected to tell me I needed a dealer license number to bid. Like everything else I've done since I "retired", I didn't know ANYTHING about the industry and was learning through research and "trial and error". Including freight brokering and scrap metal.Quote:
Originally Posted by scrapping4ever
I went to a public auto auction recently. They started with the non runners (which went for stupid money) and only got worse from there. I left about a 1/4 of the way in. Although in hindsight maybe towards the end there could have been a deal or two to be had, since everyone blew their money in the beginning.