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Need quick advice !

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  1. #1
    gamedayron started this thread.
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    Need quick advice !

    ive never paid for my scrap metal in the past so w.e i made minus gas was all profit but now that things are getting slow and ive had a little extra money on my hands from my other job ive decided to start paying for my scrap . im not paying by the pound just paying for specific items i think i can make money on i figure its easier like that. ill list my yards prices for certain things then ill list what im paying and maybe you guys can gimme an idea if im doing it right or need to change something
    YARDS PRICES
    light iron - 10/lb
    copper - 280/lb
    d.alu-25/lb
    cleanalu-45/lb
    cast iron-15/lb
    MY PRICES
    tvs $1
    air cond $5 -KITCHEN SINKS$5
    -REFRIDGERATORS$5
    -WASHERS & DRYERS$5
    -CAR BATTERYS$2 -BBQ GRILLS$5
    -BOILERS$30 -LAWNMOWERS$3
    -EMPTY OIL TANKS$7 -BIKES$3
    -STOVES $5 -MICROWAVES$2
    -HEATERS(cast iron furnace) $10
    so far this has worked great ive been getting alot of calls and it seems like ill profit but i wanted to see what the more expierianced guys think .. thanks

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  3. #2
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    Most of your prices seem pretty fair. I pay more for a/c's but that's because I really need the refrigerants to fill contracts.

  4. #3
    gamedayron started this thread.
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    ive told people that have called with acs to try and have the freon and all that crap removed before i pickup and i can give 2 or 3 extra dollars per ac

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    gamedayron started this thread.
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    yeah i dont have a scale and all and i think even if i did i wouldnt be able to match up with the big scrap businesses out here like 2 brothers who have a load of trucks with a scale in every one of them so instead of competing with thier prices i did something a little different

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    Sometimes when dealing with the public, giving them a fixed price per item makes it easier for them to understand. When I quote price per pound they get a glazed look in their eyes.

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    gamedayron started this thread.
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    yeah thats another thing and i always tell them when they call "i pay scrap value for items so if your just looking to sell a working item outright try ebay or craigslist" but so far ive gotten 2 people that are demoing a house and 1 thats moving i even got one who said"if you come and buy some of my stuff and me and my wife go buy a pie of pizza witht hat money ill be happy for the next week" made me laugh lol

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    Good thinkin GDR.
    Recyclable Material Merchant Wholesaler
    Certified Zip-Tie Mechanic
    "Give them enough so they can do something with it, but not too much that they won't do nothing."

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    Just a suggestion - Never pay for anything with freon. You're saving them the disposal fee. If you can get batteries for $2, that's great. I pay $4 which seems the norm around here. Also just a suggestion - I pay .25 per brake rotor. They're all different weights, but like freonjoe said, people prefer fixed rate per item. Mostly, I don't pay for stuff considered Light Iron or Tin no matter how much there is. Just too much hassle by the time I get through all the labor involved and people are mostly just wanting to get rid of the stuff. I will pay for copper and brass by the pound (varies).
    People may laugh at me, but that's ok. I laugh all the way to the bank.

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    Question- are you scrapping the bikes? Do you make money on them after paying $3? I've never scrapped one. Do you pay the same for children's bikes? Looks like a good idea. I was thinking of the same thing. Thanks for posting this.
    Success consists of going from failure to failure without a loss of enthusiasm...... Churchill

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  14. #10
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    a little high on bikes, and a little cheap on batteries, other than that your right on, we usually bundle it up tho you will get a better price


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    Seems like a great way to break the ice and get your foot in the door and then you can close bigger deals with the Bulk Bid. Or land "The Whale" (as olddude would say).

  17. #12
    gamedayron started this thread.
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    mick i tell them to have the freon empty for me or i wont take it and no usually i wont pay for light iron ill jus tell them ill add a dollar or 2 to a few items if they throw some light iron type stuff in for me

  18. #13
    gamedayron started this thread.
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    scrappette yes i am scrapping the bikes the reason i pay so high is because some bikes are alum. and hey if i lose out on a dollar a few days then find an aluminum bike and gain 5 or 6 dollars im happy


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