Pay by the truck load? Not a good method. For instance, a truckload (for whatever size truck) of #1 copper is 34 times more valuable by weight than appliances. I usually pay ($XX.XX) for for whatever I'm getting. I take pictures of all the stuff before touching anything. I usually pay half up front and the other half somewhere at the halfway point. This way, I own the stuff and can take it home to break it down and sort it into different types of metal. It's now more valuable.
What I DON'T understand from your post is that he's "paying you by the truckload" and you've "agreed to a total amount for the equipment". Why not a set amount for everything, like I said.
Suggestion - Get bids from several buyers.
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