You must Do this before you Buying Scrap Brake Rotors.
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- เผยแพร่เมื่อ 10 ต.ค. 2024
- Hello, everyone and welcome back to my channel. In this video I show you how much profit you can make or lose when buying scrapbreak rotors. I've seen so many people on the forms and in youtube videos that talk about buying scrap break rotors, but don't understand that you can easily be cheating yourself.. the only way to tell exactly what you were buying is to put it on a scale first. So this way, you know what the weight is being that that's how we sell our scrap metal at the scrapyard, they don't take wild guesses about how much weight you have and pay you some random amount. So I hope this video shows you what not to. It is a random test of picking up thirty brake rotors, and putting them in groups of ten to do a estimate on the weight.. if you have any questions, please leave them in the comment section below and remember to like comment and subscribe. I put these videos out to help people and to educate everyone. #scrapping #junk #metal #scrap #recycling #hvac #scrapyard #plumbing #work #rotors
If that crazy woman gets elected president scrap will hit a new low as industry wont be producing anything and America will be a bottom feeder worse than it is now and that's sad
I totally agree Mike, I don't buy scrap but I also add in my time when I scrap 😊 yes scraping is an adventure
Some people are not lucky enough to get scrap where they are unless they buy it but I like the treasure hunting myself👍
My name is Nick and I manage a small scrap yard in central Minnesota I enjoy your content and agree with a lot of your thoughts on how things work
@@nickrahn3317 i've learned a lot in the scrap. Metal business in the last 25 years. There's a lot of things that I don't know, but I'm always trying to better myself and and sometimes I overthink things. My dream is to run a small scrapyard. One day, hopefully I can make the right decisions and make that a reality
If I find any brake rotors and/or brake drums, they'd be on the side of the road when I do my scrap collection route or from a scrap pick-up from someone (not a mechanic or garage). Now, if I did buy scrap brake rotors, I would probably pay like 5 to 15 or 20 cents per brake rotors from these mechanic shops and garages. But I doubt that I'll be doing that anytime soon.
Good for thought :
1.) small rotors buy two for the price of one
2. ) scrapping has very little tax right off if you claim it … obviously your buying a new truck here , but that’s not most years. Much more tax deductible opportunities in businesses with ‘material cost , more tools needed , billing / invoicing for jobs, employees, office supplies , ect ect (fill in the blank ).
3. Your current rotor Price isn’t too good , But I do know that handling material twice is money, time and energy. often leads to less profit than sought after. Northern Montgomery county currently at 260-280$ per ton
At all my shops where i have the big IBC totes I have one that is strictly rotors and drums. Generally about 3000 lbs per tote when full. Customer gets 30% of the ticket total. Been doing it that way forever. Never had any complaints. They get the stuff gone, and make some money. 10 plus years ago when scrap was really good here, there was guys coming from Chicago (250 miles one way) and hitting up every yard and shop and paying $2/rotor. Then hauling them back . Must have been really lucrative for all that hassle.
@SuperScooby70 that seems like a very fair deal.. Especially since garages get them for free. So any money that they get is a 100% profit.. there's just too many garages out there are trying to clown. Around I think that they could ask a $1 50 or $2 a rotor. The only way that's profitable is if you're getting over $400 which I don't see happening in the near future
I get 330 a ton for them. You have to pay if you live in the big city. Just dont pay for everything else and you will do fine.
Nice just got home and sat down and no I got me something to watch. Ty my friend 👍 🇨🇦 🔧
Hey you can have each and every brake drums from the fleet of cement mixers. I just never really paid much attention and told a couple of the drivers who would ask for them to take em. Maybe I should rethink that?
Do you split the money with lunch box or any other help you have for the day I loved the knowledge thanks bro
@@coronaman9438 i pay them hourly
I scrap as a hobby. I take cars that barely run and drive them to the yard, pull the wheels and tires. On older Volvo’s I pull the aluminum bumpers. Those go back with me. Some wheels and tires I sell others I take to a local tire guy and give him all the good tires. He takes them off the wheels and doesn’t charge me. I can leave a couple bad ones and pay $5 for the disposal. Like you I hold the aluminum wheels and bumpers till price is right. I do a rough clean out for change, radios, the battery and things I can sell. I never pay for anything. If it doesn’t run or I can’t get it to run in 30 minutes, Silly’s done. I don’t want the hassle of loading it by myself. The ole lady will follow me, and that cuts into my profits!!!
Freedom ton got me lol. Thanks for the video yo. Cool idea.
@@2sheds315 😆 🤣 😂
I have bought tens of thousands of rotors. If you're not in a big city you probably won't have to pay but inside of the cities the competition is just too high to not buy them. Keep in mind when buying rotors you better be prepared to move hundred of rotors a day. Its all about volume.
The super duty rotor goes into heavy melt (30 percent less per lb) because of the hub being built into it.
Scrap yards are getting 330 a net ton at most right now on clean rotors. Most yards are only going to be getting around 260-290 depending on the location because they are sending it to a bigger yard. They are happy as can be making 40 a ton if you're bringing in 20,000 lb a month.
Don't buy scrap unless your making 2.5 times your money going out. This doesn't apply to converters, I personally only take 15 percent on those.
Educated the public on the ins and out of scraping rotors you been doing it a long time so they should listen you like everyone else wants the best price you showing how to get it especially if buying to make money thanks for the heads up hope they listen to you enjoy watching your videos about all kinds of stuff take care my friend 14:43
@KevinHarvey-qw5mj it's one of the main reasons why I started my channel. Was to help people?Everyone has so many questions like I did when I first started.
@@Adventureswithmike1 thanks for the reply glad you have a place to at least store some stuff hopefully price goes up
@@KevinHarvey-qw5mj yep, i'm going to hold that as long as I can.. i look at it as money in the bank..
At $220GT the 165lbs stack would be around $14. That’s strange how people would pay $10 or more to pick them up
Good stuff Mike!
@JerrysHaulaway i just picked up a 140 more rotors, this morning. I am stockpiling for when prices go up..
Great video! Sorry your sick again…shout out to Lunchbox!
Good info
great video mike
I totally agree simple business mathematics, I’m lucky with my recycling business as I’ve got the money (not bragging promise) to build my own recycling mills so I totally get where you’re coming from ! I’m in Europe by the way 👍👍
@@ALEXISFRIEDEL i just see so many people. They always say about how much money they made. But don't take an account how much? Money, they put out to them buy.. and having money gives you buying power. You just have to make sure the margins are going to be in your favor a lot of guys end up getting upside down really fast
@@Adventureswithmike1 I totally not gonna lie I’m common as mud yet I’m worth quite a pretty cent but I built my money from the ground up! I used to live on the streets, scrapping to get pennies together
@ALEXISFRIEDEL that's awesome brother i'm glad
Scrap here out west in NV two weeks ago quoted $50.00 a ton
🥺
I seldom pay for scrap unless I am making at least a 50% profit. 🙂
@@maritimescrapper that is a good business practice..
I seldom pick it up for free unless I’m making a lot of profit start charging and picking up more than scrap
I never buy scrap, I won't even haul it off for free. $15/hr loading + mileage+ what the scrap yard pays. And I stay busy all day everyday.
@wanagerscott that's awesome people out here where I live, if I told him that they would laugh in my face... the only thing I charge for is if I have to take it out of a garage basement or or something like that.. what I usually do is I tell them to make a pile and uh, if I can just drive up and throw it in a truck, it's free and that seems to have worked for me pretty good
A dollar each is way too much. Ive bought rotors because its very difficult to get them around here for free but I pay around a penny per pound just so they can feel good about getting 20 bucks when I stop by.
Wow some rich scrappers out there to pay for rotors. Unreal.
Can you make a video of you taking apart blower motors out for the electric motor
@@chrisjensen7721 i can try.. If you have any ideas of what you want to see, let me know
Check motor breakage price at your local yard. I actually lose money if I take them apart. The motor is about half the weight of the steel leftovers.
@ScrapDaddy968 yeah, I don't take electric motors apart. It's a waste of my time.. It takes a lot of work and beat your hands up to get a little bit of copper.. And i'm also so busy.I don't have the time to mess.Around with them..
Your stockpile of rotors is actually costing you money in lost earned interest on profit (plus compound interest monthly) while you wait for prices to go up...cash in and put the money in the bank.
Actually, you're wrong because standard bank accounts don't accumulate much interest. I will make more money waiting for the price of scrap to go up. And I will sell it high.. it cost me nothing to drop it on the ground and wait for the price to go up, which I can easily make a $150 more a ton. And easily gain about three thousand dollars in extra profit.Then selling it now
Again always a gamble pay one price it goes down you loose money on them you got to make money 17:32
It's not so much of a gamble, if you actually do the research and make sure that you're not getting beat..
I'd be paying something like 10 cents a pound for rotors to haul them away for shops. 5 if the price is low. And that's for high volume.
How much do you get per pound for rotors? Because if your going to pay 10 cents a pound for the break rotors, there's not much money to be made. Current rotor price for me is $220 a gross ton . Which this video was based on, proving that there's no money to be made $5 to $6 on every 100 pounds is not enough.
@@Adventureswithmike1 I just thought about it. Last time I checked rotors were 260 on the low end in my area. 10 cents is too much. I'm thinking no more than 75 cents a rotor. I have to haul it away. And that is for higher volume. If it's small amounts, I'll take them for free.
@Opinionatedguy1989 yeah, metal prices are downright now. The only way you could buy it for that is if you're going to hold it and wait for the price to go up.. not trying to bring anybody down.I just want people not to make mistakes.I see it all the time..
@@Adventureswithmike1 I have been out of it for a bit. It's better to be safe than sorry.
Average of 162 165 and 200 is 175
I DONT BUY ANY SCRAP ...........
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