Scrapping metal can be a great way to make some extra money on the side or even to provide yourself with a full-time income. If you want to get good money from your efforts, though, you’ll need to be able to find a fair amount of scrap metal and process it correctly. Here are four tips that will help new scrappers turn junk metal into cash.
Strip Down Appliances
When you find a water heater or other major appliance, you should partially disassemble it to remove parts that are more valuable than the steel from which it is mostly made. Scrap copper from fittings, for instance, is much more valuable per unit weight than scrap steel. To get the most from your finds, it’s better to separate the metals before bringing them into your recycling center.
Check Free Online Listings
To make good money as a scrapper, you need to be able to find large appliances and other considerable sources of scrap metal regularly. Though part of this is down to simple luck, you can improve your chances by checking online listing sites like Craigslist. People looking to get rid of old appliances will often post them on these sites in the hopes that a scrapper will come to haul them away.
Don’t Be Afraid of Cars
New scrappers often find themselves intimidated by the prospect of hauling away junk cars. If you have the ability to tow a car with your truck, though, scrap cars can be extremely profitable. If towing a car is still a little beyond your resources, it’s still a good target to work up to as your scrapping business grows.
Keep Track of Community Pickup Days
Most cities and towns have one or two designated pickup days each year on which the regular garbage collection service will haul away large items it wouldn’t normally take. Though few and far between, these days can be gold mines for scrappers. People will often put out appliances, grills, and other large metal items to be picked up on these designated days. If you start out early and scour neighborhoods before the garbage trucks arrive, you can easily fill your truck several times over.
By following these four simple steps, you can get started with scrapping the right way. Keep in mind that successful scrapping is all about how much material you can find. The more sources of scrap metal you can tap into, the more money you’ll be able to make.