Welcome to the Scrap Metal Forum

Your forum for everything scrap metal


  •  » Ask questions and get advice
  •  » Share your finds and ideas
  •  » Network with other scrappers nationwide
  •  » Access private content and downloads

If you recycle scrap, you have come to the right place!


We invite you to become a member of the Scrap Metal Forum.


YES! I want to register an account for free right now!


Results 1 to 10 of 10

Thread: Is it worth it To Pay Customers by the Pound

  1. #1
    pcscrapper started this thread.
    pcscrapper's Avatar
    SMF Badges of Honor

    Member Since
    Aug 2012
    Location
    2914 W 3rd st sioux falls SD 57104
    Posts
    632
    Thanks
    539
    Thanked 414 Times in 202 Posts

    Is it worth it To Pay Customers by the Pound

    I tried to do my math, but this is what I do.



    When I buy computers from customers, I pay them by the pound.

    I buy computers from My customers, and this is how I do it,

    for every pound of complete systems, Ram and all.. .28 a pound,
    Missing one item .25
    missing more then one item .05

    what do You think.. any suggestion.?


  2. #2
    JohnC4X4's Avatar
    SMF Badges of Honor


    Member Since
    Apr 2011
    Location
    South East Ma
    Posts
    600
    Thanks
    58
    Thanked 637 Times in 291 Posts
    Quote Originally Posted by bnbsfsd View Post
    Is it worth it To Pay Customers by the Pound
    Maybe in the UK
    But here in the USA
    They want Green Backs >> US Dollars
    1 British pound = 1.5888 US dollars

  3. The Following User Says Thank You to JohnC4X4 for This Post:


  4. #3
    SMF Badges of Honor

    Member Since
    Jan 2012
    Location
    texas
    Posts
    370
    Thanks
    145
    Thanked 264 Times in 140 Posts
    Quote Originally Posted by JohnC4X4 View Post
    Maybe in the UK
    But here in the USA
    They want Green Backs >> US Dollars
    1 British pound = 1.5888 US dollars
    john were you being funny? he's asking if he should pay people for the weight, by the pound, not pay them IN pounds...
    ~You have to start somewhere to get anywhere~

  5. #4
    Metal Recycling Entrepreneur
    SMF Badges of Honor

    Member Since
    Apr 2012
    Location
    Youngstown, OH
    Posts
    427
    Thanks
    6
    Thanked 162 Times in 116 Posts
    Probably easier for the seller to have a price per complete computer then having to drag out a decent working scale. Of course if he knew he was only getting $4 a tower he might just toss it in the trash when gas is $3.80 a gallon to get it to you.

  6. #5
    pcscrapper started this thread.
    pcscrapper's Avatar
    SMF Badges of Honor

    Member Since
    Aug 2012
    Location
    2914 W 3rd st sioux falls SD 57104
    Posts
    632
    Thanks
    539
    Thanked 414 Times in 202 Posts
    Really didn't get a good direct answer... Belive it or not, I get about in a month time over a ton of computer scraps.

    My question is am I paying too much for each computer

  7. #6
    Mechanic688's Avatar
    SMF Badges of Honor



    Member Since
    Mar 2011
    Location
    Warsaw , Ind. In the heart of the lakes
    Posts
    8,144
    Thanks
    7,391
    Thanked 7,286 Times in 3,558 Posts
    Sounds a little high to me, if you get a few of the old heavy computers you would be paying $7. - $9. ea. I don't pay any more than $5.

    I had a guy tell me today that he would not bother selling me computers for 5 ea, he would rather go pick up cans on the side of the road. I just laughed and shook my head as I'm walking away. He was talking about their being 20-30 dollars worth of gold in them. ROFL.
    P & M Recycling - Specializing in E-Waste Recycling.
    If it plugs in or runs on battery, we recycle it.
    See our ad in the Buyer & Seller Section

    http://www.scrapmetalforum.com/scrap...onnectors.html

  8. The Following User Says Thank You to Mechanic688 for This Post:


  9. #7
    SMF Badges of Honor


    Member Since
    Nov 2010
    Location
    Boise, ID
    Posts
    2,503
    Thanks
    1,858
    Thanked 1,815 Times in 858 Posts
    Me personally, I wouldn't fiddle with pounds. Tell them complete towers are X, and then deduct X for each component that is missing.

    I've had a few computers come in, that if I had paid .28/lb, I would have paid $9 or more. Not worth it.



  10. The Following 3 Users say Thank You for This Post by IdahoScrapper:


  11. #8
    Experienced Scrapper
    SMF Badges of Honor

    Member Since
    Dec 2010
    Posts
    67
    Thanks
    12
    Thanked 94 Times in 30 Posts
    Yup...

    Paying by the lb may very well result in over paying.
    If you think about it, most complete computers are pretty much similar in their components make up. But very different in their casing and PSU (weight wise).


    Mechanic688, 20-30$ worth of precious metals (not just gold) in one complete computer is not very far from the truth.
    But i do agree with you. Since the scrap exchange so many hands along the way, no one of us could ever pay this much. This value is usually extracted by the (large) refiners, not by us scrappers and dealers, they know how to turn profit from over 17 different elements (Gold, Palladium, Silver, Copper and Tin are the main money makers).
    Regards, Sam

    www.Goldnscrap.com

  12. The Following 2 Users say Thank You for This Post by samuel-a:


  13. #9
    SMF Badges of Honor

    Member Since
    Jul 2012
    Location
    NYC
    Posts
    68
    Thanks
    10
    Thanked 36 Times in 20 Posts
    I have a board up in my office of all the scrap yards in my area that pay by the pound. I have to keep my prices in line with theirs to keep getting the walk ins. I am in an area that has A LOT of garbage companies and scrap yards and there are a lot of computers being sold. My choice is simple. Pay a little bit more to corner the market or pay a lot more to buy them from the scrap yards. I am currently at .25 a pound and that is the highest in the area by .03. Just enough to keep the scrappers coming. Everything that comes in is inspected and the sellers know that if it is missing something they are getting a lower price. Simple as that.

  14. The Following 2 Users say Thank You for This Post by technologyrecycling:


  15. #10
    Metal Recycling Entrepreneur
    LarryB's Avatar
    SMF Badges of Honor

    Member Since
    Nov 2012
    Location
    Ottawa, Ontario, Canada
    Posts
    223
    Thanks
    829
    Thanked 69 Times in 56 Posts
    Quote Originally Posted by technologyrecycling View Post
    I have a board up in my office of all the scrap yards in my area that pay by the pound. I have to keep my prices in line with theirs to keep getting the walk ins. I am in an area that has A LOT of garbage companies and scrap yards and there are a lot of computers being sold. My choice is simple. Pay a little bit more to corner the market or pay a lot more to buy them from the scrap yards. I am currently at .25 a pound and that is the highest in the area by .03. Just enough to keep the scrappers coming. Everything that comes in is inspected and the sellers know that if it is missing something they are getting a lower price. Simple as that.
    Yes Sir, now That's the way to do! I Love your style Mr. Brilliant business practice and principals. Thumbs up brother! lb


  16. Similar threads on the Scrap Metal Forum

    1. What customers do you go after?
      By MisScrap in forum General - Let's talk business
      Replies: 5
      Last Post: 11-28-2012, 08:36 AM
    2. Troy pound or pound?
      By azscrapper in forum General Electronics Recycling
      Replies: 10
      Last Post: 08-10-2012, 09:35 PM
    3. Whats this worth per pound
      By DropYoTop in forum General Electronics Recycling
      Replies: 10
      Last Post: 07-03-2012, 09:59 AM
    4. Finding Customers
      By longisland in forum General - Let's talk business
      Replies: 10
      Last Post: 06-13-2012, 05:04 PM
    5. Price per Pound (to Pay)
      By Reelman65 in forum General Electronics Recycling
      Replies: 9
      Last Post: 04-15-2012, 09:27 PM

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook


Unregistered's Quick Links

  • My User CP
  • Paid Subscriptions