Scrap You Later

The Difference Between a Scrap Yard & A Junkyard

July 26, 2021 iScrap App Episode 53
Scrap You Later
The Difference Between a Scrap Yard & A Junkyard
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Scrap You Later
The Difference Between a Scrap Yard & A Junkyard
Jul 26, 2021 Episode 53
iScrap App



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Tom Buechel:

Welcome to this episode of Scrap You Later, a podcast made by scrappers for scrappers to answer your scrap metal related questions. Every week we'll be talking about things from prices to scrap metal stories and we'll have metal guides and updates on the markets. We want to hear from you. So if you have questions that you want us to discuss things you want to learn about, Scrap You Later is here to teach you more about scrap. Hey scrappers. It's Tom from the iScrap App and in this episode of Scrap You Later, I want to talk about the difference between a junkyard or an auto wrecker versus a traditional scrap yard. Scrap yards are generally buying only copper, brass, aluminum, non-ferrous and ferrous metals and they aren't reselling things to the public. Where auto records or junkyards, not only will they be buying scrap, but they also will be reselling products, as well. Now traditional scrap yards there's more scrap yards than there are auto records or junk yards. But by using the iScrap App, you can always find either one so you can learn about parts, where to sell copper, where to sell cars, where you can buy things. So that's a really good tool, but junkyards have traditionally been more of a area where they have 100, 200, 500, 1,000 cars. They could also be called pick-apart or pull-apart centers. There are large companies that have, I know one company in the south east that owns about 25 different pull apart locations for different car parts, selling them online through eBay, selling them to walk ins, but they're generally not doing scrap. So when you hear someone talking about a scrap yard, you have to figure that a rule of thumb is when you go to a scrap yard, you leave with money. When you go to a junkyard or an auto wrecker, you you pay them and you leave with parts. That's one of the easiest ways to think about it. Scrapyard pays you and the other end, you pay a junkyard. Now if they have a part that you need, by all means you don't mind paying them, because it's probably going to be cheaper than buying an aftermarket piece or finding it online or waiting when you can go to these picking polls. A lot of the really organized ones can even tell you a list of the different cars that they have in stock. Now, they might not know if every piece is on that car. But if you tell them that you're looking for a left driver door from an F-150, or a Ram 1500, or Silverado, do you see how I covered all my different truck bases there? By doing that, they'll be able to look in their inventory. And they'll say, Oh, yes, we have it or no, we don't. Or they can see if they even have that car on site. If not, some of them have multiple locations. And that gives you the ability to use their network to contact other yards and hopefully make your life a little easier. While you might pay more for a service like that, you know, if a location, if a company has five locations, and they don't have your your front driver door at location one, but they haven't location three, they might be able to search their system really help you find some of those things. I have a cousin that does auto repair and one of his greatest, you know, vendors is a junkyard that gets cars and because you have to figure that areas have patterns. You know, I know that in the North East. It's a more European car type of an area. On the west coast, it's more Japanese. In the south, there's more United States, companies like GM and Ford made cars. So the areas that you live in will give you the ability to know you know what those scrap wood those junkyards are going to have. Scrap yards are almost exclusively buying material. I know that a Rockway Recycling we don't resell anything that we buy, we get it in we scrap that we're on our way where I do no partial scrap yards, partial junk yards that could sell things like cast iron grates, old cast iron heaters and things like that. And it gives you the ability to you know, just just buy things that they got in scrap, they triple their money you saved half you know that you would have spent on something new, it's a win-win on both sides. But there definitely are major differences. One thing that you want to do before you go to either one of these is call ahead especially if you've never been. Hey, my name is Tom, I'm looking for a part do you guys sell parts? So instead of showing up wasting your time having a conversation that could have been avoided in person by having a phone call or looking up their website. It'll give you the ability to learn more about what they're doing and help you save your time. Which helps you make more money because you're not wasting your valuable time. And then you'll be able to just figure out where to go from there. Also, if you're scrapping cars, you might want to learn to work with different auto wreckers. I know that at the time of this podcast, an average car is going for $200 a ton. So you have to figure a car weighs 5000 pounds, two and a half or so tons means that a car is worth $500, up to $800, depending on the weight, where I know different auto wreckers that are paying for that same car, right? They could be paying $900 to $1500 because they know that the parts on it have real value. You know, think about something like an F 150 that gotten in a car accident, maybe the engine is damaged. But how many people drive F-150s. That would be a really valuable car for an auto wrecker to have because so many people have F-150s and need a back left tail light or a bumper a door doesn't have to be the same color. But just learning about these things in advance is going to help you make more money if you're buying and selling cars, if you're looking for car parts, and just learning about the overall industry as a whole. Now if you're looking to learn more about different things, we have all types of different podcasts that come out. And you should absolutely follow and subscribe to our podcast Scrap You Late . This way you can get alert d when we have new ones comi g out. And by all means ask s questions. By asking s questions, we will be able o help you make more money wi h your scrap, learn what you' e thinking about and from ther . We'll talk next time and unt l then, I'll scrap you late Thanks for listening to this week's episode. If you're looking for more scrap metal news, you can always go to i crapapp.com or download the i crap App today. With push not fications giving you free pri e alerts, you'll always know wha 's going on with the scrap met l market. If you're looking to et deeper into the scrap wor d you can become a Patreon sup orter but you'll have more inf rmation pushed you every day and throughout the week. Have a goo day. scrappy later