Paying for insurance on that car is just like throwing money away each and every month. What a WASTE! Getting rid of cars for scrap eliminates that payment and opens up that much more money in your budget. In fact what you get for the car as scrap could mean an insurance payment for your good car, as well as the fact that you get to drop that old car off of the insurance plan altogether. Bonus!
I would like to suggest, for the less experienced buyer to hire as a consultant the sharpest attorney or business broker you can find and pay him for his time to watch your rear end, in negotiations and in reviewing the companies you are considering buying. In real estate we call this a buyers agent, except with businesses the listing agent will not always co-operate in splitting the commission. This means you need to be willing to pay your agent an hourly fee for helping you. Let me give you a real example.
Scrapping your car for cash will benefit the environment and will put money in your wallet. Before removal of your vehicle the scrap dealer will de-pollute the car taking out all toxic materials. This includes all liquids such as oil, fuel, water which all need to be correctly dealt with. These will be removed within the rules set out by the environment agency. To find an appropriate scrap yard i would suggest looking online or in the local paper.
Were you aware that when you buy used/recycled car parts, you are helping to save the environment? New car parts can emit more pollution than their used counterparts. When a manufacturer produces a new car part, they use more oil than they did in the past. When you reuse raw materials you are doing your part to reduce pollutants in the air. Discovering the right parts for your car should be easy, with so many auto parts recyclers in the US, there are more than enough car parts to pick from.
Things like old swing sets, trampolines, metal sheds, and old vehicles are just some of the items that end up cluttering our lives and property. I see this on a daily basis, sometimes I actually ask, “How long has this been here?” I remember not too long ago removing an old rusted swing set frame. The sweet older couple told it had been there for over 50 years!
“The poor man was not in his right mind, Bud. This is a beautiful kitchen. It’s everything that you’ve always wanted. We will be fine,” Mother encouraged.
A great alternative is the junkyard. Often when a car is totaled and sent to the new car junk yards near me, the spare tire is intact. Many have never even been used. So how do you find a great match there?
Frankly, when I got back to Utah, I set it on a shelf for a couple of weeks before doing anything with it. I thought it probably had some metals, mostly silver, and wasn’t worth much, so no hurry! I finally took it to my refiner and asked him to melt it and get an assay. Final score: dirt – 40%; metals – 60%. The metals were silver and gold. The gold ran almost 18K (75% pure gold) and the jar yielded almost a pound of pure gold!
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