Thursday, January 7, 2016
**Make Extra Money: Sell That Old Scrap Metal** #ad #spon
With the holiday season in full force, many people are looking for ways to make a little extra money. And if you have some old scrap metal laying around, you may be sitting on a goldmine! Okay, maybe not a goldmine but it could help you pay for all those presents under the tree. If, however, you have never sold scrap metal before, you probably have no idea how the whole process works. Well, have no fear! I am here to help you!
What can I sell?
The great thing about selling scrap metal is that you can sell anything made from metal, this includes electronics, 2219 aluminum and things that plug into outlets. Even that can of vegetables that you opened for dinner can be sold to a scrap yard. If you have a metal frame from an old swimming pool you torn down during the summer, you could possibly sell it or a couple hundred dollars.
Where can I sell the scrap metal?
Scrap metals are generally sold to scrap yards, which is essentially a middle-man type business that buys metal to reseal to a metal refinery. There are few things you will need to know before trying to sell anything to scrap yard:
• Most areas require the seller to be at least 16 years of age and have a valid ID, such as driver’s licenses.
• Each scrap yard has its own categories and prices for the different types of metal.
• Not all metal is worth a lot of money. Tin cans, for example, are usually not consider a huge money maker but it can be worth your wild if you have a lot of cans.
• The metal is weighed by pound and you are payed based on the weight of the scrap.
• Some scrap yards are known to take advantage of novice scrap sellers so you should learn all you can about the business before trying to sell your scrap.
• Most scrap yards compete with one another. They do this by offering a better price for the metal.
Before you go off selling your scrap metal, grab a phone book or use the internet to find the phone numbers of your local scrap yards. Once you have their number, give them a call and ask them about their pricing for the type of metal you are trying to sell. This will help ensure you get the best price for your area.