Here comes online gold for sale. Because of the popularity of the internet, there are now websites put up that are intended to buy your scrap gold and even silver and platinum. But with the limitation of online sites, a lot of gold sellers raise their eyebrows of the authenticity of these sites. They do not believe how online gold selling works. However, there are sites which are already recognized and have an established reputation. You can try to sell your gold here and get all your money’s worth.
Pay off your loan. If you still owe money to a lender for your clunker, you’ll need to pay off your clunker first. Once your car is paid off, you’ll then have the title. No junk yard will take your car unless you possess a clear title.
If you find that you are in need of a hard to find part, it pays to check out the auto salvage yard. Many individuals will search several junk yards before they find the part they need, but it beats having to order a part that is no longer made. The price difference is considerable and the ease of acquiring the part is significant.
With this basic business model in mind, your primary task will then be to identify places where you can obtain old jewelry. In many ways, this will be your “above ground” mine. One great source to find scrap gold is at estate sales. Any time you see that there is an estate sale happening, you should attend when possible. It also makes sense to try to advertise to people who might have a need to raise quick money. You can help someone by buying their unwanted gold items, but then turn around and recoup the cost plus extra by selling everything. Just be careful to avoid paying more than an item is worth. Remember, you have to turn around and sell the scrap for profit.
Even though part of the engine is dead doesn’t mean the entire thing is. The car battery may still be good, the alternator, air conditioning unit, belts, cam shaft, and so much more can be sold because these are items that are frequently sought out by individuals. So it is a good idea to take advantage of that by placing a sign in front of your yard or an ad in the paper. That is if you know how to safely remove the car parts on your own. If you do, then you can maximize your profit on the car because many individuals seek out salvage engine parts before they will go to the auto parts store and buy new ones.
The first option to sell junk car is the traditional salvaging through a junkyard. We have all heard of this before and it seems like the only option available to us. These junkyards don’t pay you much money, but they do make money out of your car. They wait for people to come and claim any parts from the car you have sold them, or they use the scrap metal. So your car running is of use to them even though they don’t pay you anything for it.
Shop around, too. There’s plenty of companies offering all sorts of different scrap metal prices on various grades of ferrous and non-ferrous metals. Know the yards – all of the yards – in your area. Know their strengths, and what materials they offer weaker pricing on. Also be aware of their distances, drive time equals gas money…and spending an extra $10 in gas to get $0.05 of a higher scrap metal price on 10 LB of brass doesn’t make sense…or cents!! Don’t be afraid to keep a little black book full of addresses, phone numbers, lists of what to take where and when, and all other sorts of notes and information that might come in handy.
Sort your jewelry based on quality. Sell only a few pieces to collectors. This way, you’ll reduce your work load. All the rest should be sold to scrap gold and silver recyclers. When you sell scrap gold and silver jewelry, you can sell it all at once for a great price.