Results 1 to 5 of 5

buying from a scrap yard

| Scrap Metal Questions and Answers
  1. #1
    phillg started this thread.
    SMF Badges of Honor

    Member since
    Dec 2011
    Posts
    3
    Thanks
    0
    Thanked 0 Times in 0 Posts

    buying from a scrap yard

    Lets say my local yard buys #1 insulated wire for $1.10 a pound.
    I'd like to make a offer to buy 5000 pounds from them.
    I've never bought from a local yard, so I defiantly don't want to
    overpay. What would be a fare offer to make, so I don't piss
    the yard off. TY



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

    Member since
    Apr 2012
    Location
    pittsfield, ma
    Posts
    918
    Thanks
    226
    Thanked 1,065 Times in 474 Posts
    Quote Originally Posted by phillg View Post
    Lets say my local yard buys #1 insulated wire for $1.10 a pound.
    I'd like to make a offer to buy 5000 pounds from them.
    I've never bought from a local yard, so I defiantly don't want to
    overpay. What would be a fare offer to make, so I don't piss
    the yard off. TY
    First, it would be important to determine what they consider #1 insulated. Does it include romex? Is all THHN (spaghetti wire) included? Is it a certain gauge or thicker single strand wire? Once you know this, you could get rough copper percentages from the internet. Do you know if they process thier own or sell as insulated? Do you know if they use a broker? What can you sell bare bright for? Alot of questions need to be answered in order to give you a ballpark. To give you a rough idea of a low end, look at Rockaway Recycling prices. Make sure you look at prices for electricians. Now add at least 20 cents a pound.

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


  4. #3
    SMF Badges of Honor



    Member since
    Jul 2011
    Location
    Jacksonville, NC
    Posts
    4,349
    Thanks
    13,146
    Thanked 4,955 Times in 2,303 Posts
    Most yards have contracts for insulated wire and must fulfill those contracts so don't be shocked if they turn you down. You may want a 5000lb load but what about next week and the week after.

    In the past I had good luck buying computer towers from a small local yard but they closed. 73, Mike
    "Profit begins when you buy NOT when you sell." {quote passed down to me from a wise man}

    Now go beat the copper out of something, Miked

  5. The Following User Says Thank You to miked for This Post:


  6. #4
    SMF Badges of Honor



    Member since
    Apr 2015
    Posts
    1,090
    Thanks
    427
    Thanked 1,793 Times in 713 Posts
    Quote Originally Posted by phillg View Post
    Lets say my local yard buys #1 insulated wire for $1.10 a pound.
    I'd like to make a offer to buy 5000 pounds from them.
    I've never bought from a local yard, so I defiantly don't want to
    overpay. What would be a fare offer to make, so I don't piss
    the yard off. TY
    Back in the old days when cash was recognized as legal tender a man with a pocket full could barter.

    Even in this day in age there are several street commodity's and professions that only deal in cash.

    Try flashing the cash, everyone loves the sight of cash, sets my heat a racing every time I see a bundle.

    Since your still green behind the ears I'll give you some clues that will keep you from becoming embarrassed with your off the cuff offer. And bring cash to back up your offer.

    Offer the yard 15 / 20% over todays June 22 / 2017 kitcobase quote,
    Bid/Ask $2.5879 - $2.5886
    Last edited by alloy2; 06-22-2017 at 10:53 PM.

  7. #5
    SMF Badges of Honor

    Member since
    Aug 2017
    Posts
    40
    Thanks
    0
    Thanked 13 Times in 5 Posts
    #1 copper, copper water pipes like type L and m ect sell for $2.80 I can buy a pound or a thousand for $3.00 a pound all I want. I got a box of about 50 1/2", 3/4", and 1" fittings for like $10 the other day. Most still had retail stickers on them all where new never installed.

    Can that be topped. O and I need an eBay expert bad 8n the Denver area. I have a hook on an eBay item that is sold by a few sellers only because they can sell cheaper than anyone but each other. So I am told. I can purchase this product for less than 1/5th of what they are asking. Surely myself and the eBay guru can bank.

    Even a remote eBay seller would work just as good. All I need is a text with how much of gauge and texture and I'll go buy it pack and ship it.

    Figure out fair percentages.


  8. Similar threads on the Scrap Metal Forum

    1. California - All Sac Metals - Scrap Yard Also Buying Ewaste - North Highlands - Sacramento Area
      By ryanw in forum Scrap Metal Removal, Junk Car Removal and Metal Recycling Services
      Replies: 0
      Last Post: 12-31-2016, 03:26 AM
    2. rant thread - buying from a scrap yard
      By kcscrapper in forum Scrap Metal Tips and Advice
      Replies: 12
      Last Post: 01-22-2015, 05:37 PM
    3. buying at the yard
      By badkarma506 in forum A Day in the Life of a Scrapper
      Replies: 6
      Last Post: 04-25-2013, 04:46 PM
    4. Buying From A Local Scrap Yard
      By Jeremiah in forum General Electronics Recycling
      Replies: 3
      Last Post: 01-14-2012, 11:55 PM
    5. Buying out an auto salvage yard?
      By IronPirate in forum General - Let's talk business
      Replies: 6
      Last Post: 01-05-2012, 10:37 AM

Thread Information

Users Browsing this Thread

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

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

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