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10 Ways to get Cash by Selling Scrap Metal

Updated on February 3, 2015

Everyone is looking for a way to make an extra $100 or $200 bucks cash. Recycling scrap metal is a way to do that or you can even make a business out of it. So what do recycling centers buy and how much do they pay for scrap metal? Here are the answers to those questions.


1. Desktop Computers:


Most dumps will take desktop computers and buy them for .07 a pound. Most desktop computers weigh 10 to 20 pounds so unless you have a lot of them you aren't going to get rich selling desktop computers!


2. Blenders or Mixers:


Blenders and/or mixers are purchased at .07 cents a pound. They only weigh, maybe 5 pounds, but hey every little bit helps.


3. Cast Iron including Cookware:


Cast Iron, whether it be cookware or gating or what have you sells for .09 cents a pound and cast iron is heavy! So the next time you can lay your hands on cast iron scoop it up and add it to your haul.


4. Refrigerators:


An old refrigerator would sell for about $10.00


5. Stainless Steel Pots, Pans, Silverware etc:


Stainless steel sells for .55 cents a pound, it should be non magnetic 304 grade in stainless steal pots and pans, hubcaps, or kitchen sinks. How do you know if it's 100% stainless steel? Check with a magnet, if a magnet sticks to it it's NOT 100% stainless steel, they will still buy it but not at .55 cents per pound.


6. Plumbing Fixtures or anything made of Brass:


Brass sells for $1.25 to $1.50 per pound. Plumbing fixtures, shut off valves, ornamental plates, trinkets, made in India like giraffes, grave markers, vases for graves are just a few of the items that are made of brass and worth cash at the dump.


7. Copper and/or Copper Wire:


Copper is going for $2.30 to $2.60 a pound. #1 and 2 grade wire which has to be 14 gauge and heavier would be $2.60 a pound, if it's dirty or finer it would be $2.30 a pound.


8. Cars:


Cars are sold by the ton at $200.00 dollars a ton. To give you an example a Ford Esquire weighs about 2000 pounds and would therefore bring in $200.00 dollars, whereas a Cadillac would weigh about 4000 pounds and would go for $400.00 dollar.


9. Platinum:


Platinum is the granddaddy of metals. It brings in $1000 to $1400 an ounce! The reason is that it's not easy to find. Most platinum is found in old commercial and industrial pottery kilns and steel mills, not exactly something you would find lying around the house!


10. Aluminum:


Aluminum is everywhere and it brings in .40 cents a pound unless it's over 100 pounds which would then bring in .10 cents more. A good source of aluminum is soda cans but one can also find aluminum in siding and other materials inside a home.

Other Items they will Buy:

Other items that you can sell at your local neighborhood recycling center or dump are steel radiators, electric motors, catalytic converters. Catalytic converters, the exhaust on your car will sell for $3.00 dollars and up to $250 for big diesel ones. Due to the recent onslaught of thefts some states have put a cap that allows only one sale per person per day because of theft. It costs $300 to $600 dollars a piece to replace them. Hot water tanks, furnaces, lawnmowers, microwaves, TV's, freezers, ovens are also purchased. When in doubt give your local dump or recycling center a call and they will tell you what they buy and how much cash they will give you for it.

The smallest item worth the most would be platinum wire, the size of a golf ball. It is worth 10 to 15 thousand dollars! However, copper is the most valuable common item.

These prices will change as the market dictates so be sure and check with your local recycling center.

The recycling center or dump will pay you cash. The only thing you must provide is a state issued photo identification card like a driver's license. The driver's license doesn't have to be from the same state.

How Do You Find Scrap Metal?

One way to lay hold of some of these items is to volunteer to haul them away for people. Many people are unaware that there is any value in old appliances or they are too busy to care. By advertising in Craigslist (for example) you could make a good chunk of money simply by hauling these items off to the dump. Another way is to offer to haul away left over items after a garage sale. Most people are too tired to deal with the left over stuff and you'll find some great items to scrap doing this.


In any case, selling scrap metal is an easy way to make some cash on the side or even start a new business. I hope this article helps those out there who are literally strapped for cash.

Comments

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    • Brie Hoffman profile imageAUTHOR

      Brie Hoffman 

      3 years ago from Manhattan

      Oh ok, thanks

    • SpaceShanty profile image

      SpaceShanty 

      3 years ago from United Kingdom

      Skip = debris box.

    • Brie Hoffman profile imageAUTHOR

      Brie Hoffman 

      3 years ago from Manhattan

      What are skips?

    • SpaceShanty profile image

      SpaceShanty 

      3 years ago from United Kingdom

      Making money from scrap metal is a really good way to make cash from stuff people throw away or just dump in the street.

      I always collect it up when I see it, probably made over £150 ($300) so far this year!

      I ALWAYS look in skips (dunno what you call them in the USA) for valuable metals. Brass is probably one of the best metals to collect, people don't realise how much it is worth and it is used in lots of things.

    • Brie Hoffman profile imageAUTHOR

      Brie Hoffman 

      3 years ago from Manhattan

      Thank you so much for your kind words.

    • teaches12345 profile image

      Dianna Mendez 

      3 years ago

      We had friends long ago who made good money selling scrap metal. It can be done! You made this article very interesting.

    • Brie Hoffman profile imageAUTHOR

      Brie Hoffman 

      3 years ago from Manhattan

      Thanks "firstday".

    • firstday profile image

      R Beggs 

      3 years ago from Lincoln, Nebraska

      Brie,

      I like reading the comments on this one. Very interesting to say the least. I meant to tell you your response to me every penny counts was true. I found a penny and it was worth I think 3.50 even the old pennies are worth something. LOL…what fun!

    • Brie Hoffman profile imageAUTHOR

      Brie Hoffman 

      3 years ago from Manhattan

      Oh sure it is..metal is valuable around the world. Thanks for stopping by "LadyFiddler".

    • LadyFiddler profile image

      Joanna Chandler 

      3 years ago from On planet Earth

      This is sure a money making thing in my country old trucks pass around announcing they are buying old iron, batteries etc. People trade in any old iron they may have to get some cash.

      I did not know its an international trade lol. Thanks for sharing ;)

    • Brie Hoffman profile imageAUTHOR

      Brie Hoffman 

      3 years ago from Manhattan

      Something to start collecting. Thanks for stopping by "midget38".

    • midget38 profile image

      Michelle Liew 

      3 years ago from Singapore

      I have copper wire in my storeroom, Brie. Will keep these in mind!

    • Brie Hoffman profile imageAUTHOR

      Brie Hoffman 

      3 years ago from Manhattan

      You know I think you're right, thanks Will.

    • WillStarr profile image

      WillStarr 

      3 years ago from Phoenix, Arizona

      I think you're missing a decimal point in your copper prices. It should be $2.30 t0 $2.60 per pound.

      Good Hub!

    • Brie Hoffman profile imageAUTHOR

      Brie Hoffman 

      3 years ago from Manhattan

      Funny Rachel..yeah you do have to have somewhere to put all the stuff before you haul it off!

    • Brie Hoffman profile imageAUTHOR

      Brie Hoffman 

      3 years ago from Manhattan

      Thanks Billy.

    • RachaelOhalloran profile image

      Rachael O'Halloran 

      3 years ago from United States

      My husband can't resist something of "value" that he sees in someone's trash on the side of the road and 9 times out of 10, it gets piled up to go to the scrap yard. If anything it pays for his lottery tickets. lol

      Great hub, Brie. Voted up and useful :)

    • billybuc profile image

      Bill Holland 

      3 years ago from Olympia, WA

      All great tips, Brie. There really is big money in scrap metal....I'm always on the look out for copper wire just for this reason. Well done my friend, and have a great New York weekend.

    • Brie Hoffman profile imageAUTHOR

      Brie Hoffman 

      3 years ago from Manhattan

      Thanks "firstday", every penny counts ;)

    • firstday profile image

      R Beggs 

      3 years ago from Lincoln, Nebraska

      Brie

      I gave you a useful on this one. Everyone can use these tips.

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