As many people know well, there’s money to be made in scrap metal, so if you have an old car that you no longer drive or you operate a business that involves scrap metal, you can sell this waste and make a tidy profit in the process. However, if you want to maximise your profits and make your dealings with a local scrap metal dealer easier for you, you need to work with the right company.
This is important whether you’re selling scrap metal just the one time or you have plans to sell the scrap metal you no longer need to them many more times in the future. To help you source the best dealer to sell to, follow these helpful tips!
Know Your Waste
If you’re to make money by selling scrap metal to scrap metal yards in Perth, you need to understand the waste that you’re selling and have a good idea as to what it is worth. Scrap metals, like steel and copper, for example, fluctuate in price and some items may be more valuable because they’re components that can be reused rather than recycled.
For example, if you’re selling an old car that can’t be driven on the road any longer, or perhaps a car that’s been totalled, there are many components that are worth more than their weight. What’s more, it isn’t only scrap metals that are worth money and can net you a profit, as many things can be sold, including:
- Car batteries
- White goods
- Air conditioners
And there are many other items that these scrap merchants specialise in, which means you should use a variety of online sources to get an idea of the value of what you’re selling before you sell it.
Naturally, you want to make as much of a profit as possible, so you should always shop around to get the very best rates for the scrap metals and other items that you no longer need. To do this, look online and find all the scrap metal companies in your area, contact a few (at least three or four) and ask them what they’ll give you for your waste.
When you have obtained quotes from a few local businesses (word of mouth recommendations are always good to follow up), you can then compare these to determine which will give you the best price, though bear in mind that you will also need to check things like:
- Whether they will come to you to pick up your scrap metal or if you have to bring it to them
- Whether they will pay you cash in hand on the spot or pay you via bank transfer later on
There’s cash to be made from things that you no longer need, so whether it’s an old car, a collection of beer and soft drink cans, old air conditioning units or anything else with metal components, you can make yourself a tidy profit by selling this scrap metal and waste to a local recycling company.