Hot Rods This ought to make you cry

Well said. .. it's like abandoning the house because it didn't sell at the original high asking price.

Posted using Full box of Crayons on the Kitchen Walls App!

 

So you admit the cars are only worth s**** and you have them overpriced................market dictates what things are worth. S**** or not.

 

I think $200,000 was way to cheap for 3500 cars... S**** around here is typically $11/ hundred pounds...That means each car only brought $53 and weighed around 500 pounds... And to his value of 2 million I could see that. That only makes each one worth $571.

I would think the average of those cars should be at least 1500 pounds given some may have almost nothing left while others are complete. I would think each one should bring around $300 in s**** which would be a little over a million...

I work with a s**** yard down from my shop... I buy anything they have for 2 dollars over/ hundred that they paid... And they save me lots of old stuff...

 

S**** cars here locally are worth only $120 a ton right now. Thats delivered to the s****yard......
If you hire a crusher and crew to come and crush your cars, that number is going to be a lot less...

 

Around here if you have alot of weight theyll send a truck to pick it up at no charge... Alot of weight being around 20-30 tons and more...

 

I believe it said he pointed to "a" pile, not necessarily the pile of every single car, now crushed. Also there are business tax, land value, local regulation, and other behind-the-scenes issues sometimes. That was the case with a local Mopar yard that folded, in addition to some proud pricing on one side (understandable) and some cheap customers on the other side (also understandable). My 48 & 62 Plymouths were rescued from there; my 67, 69 and 74 OT cars were all potential junkyard & crusher victims. Some are/were fixed back into daily drivers, all will see the roads again, where the ones being discussed will not. That's the sad part. Nobody's all right or all wrong - the times they have a-changed. It's just sad. But I know what it's like trying to practically give parts away to clueless hackjob noshow C-list nocash renegotiating time-wasting callatnight hold-it-for-me ****s... with all respect to them. Guy cashed out; one call and it all goes away and you're retired & set. You'd probably make that call too, however hard it would be.

 

When asked why he chose to crush out when the price of s**** metal has been flat of recent times, Freman pointed to the rows of crushed vehicles stacked nearby and responded, “That s**** pile is $200,000 in my pocket.”

This paragraph is somewhat misleading in that it doesn't directly specify whether or not the rows of crushed vehicles were his entire inventory but the word "nearby" leads me to believe that they were only a portion of it all. I have a good friend in the salvage business and his inventory is between 3200-3500, largely 70s-80s-90s but there's a ****tering of 40s-50s-60s stuff as well, he got a quote on crushing out not long ago and after taxes he would have cleared slightly over 850,000. Not a bad payday considering he wouldn't have to lift a finger to collect it, they send the equipment and do the work and he gets paid...no more dealing with the epa, no more inflated insurance premiums, and no more dealing with people that want him to pull parts and guarantee them good and then lowball him on the prices. When it comes to the auto salvage business you can either be a businessman or a collector, being both rarely works.

 

Here is a link to current East Coast pricing. This guy is a little light on whole cars. Some local to me are paying $.13/lb. Most of his other prices are a bit more then my local yards.
This is updated daily. http://rockawayrecycling.com/s****_...****-prices/?gclid=CMitvr6G-L0CFaLm7Aodfw0ALA

 

These topics always seem to "point a finger" at one or the other, being the retail consumer or the colloquial s****per. I don't have a personal position on it because there's not much in the way of "s**** yard" pickings I can use in my chosen niche. I've been to my local you-pick 3 times in the past year for DD needs. If you think ahead you can save huge $$$. I needed a fan resistor for an O/T repair and could have gone to my local parts retailer who had it in stock for $116 (!). I needed to get out anyways so I went to the yard nearby (Parts Galore) and paid the $1 to go in figuring that it had to be used in other cars for several years. I was right too, and took it from a car 6yrs older with mine to compare. "What is that?" the lady asked. "Blower motor resistor for Jeep/Dodge pickups and SUVs." "Hmm, how about $1.50?" "Sounds good to me." The SUV I took it from was s****ped the following month. Still visit them looking for an O/T hood too. $45 if I bring them my rusty hood exchange, or $250 if I buy a hood from a 'spe******t' wrecking yard.

But for the stuff we do? Individually we seem to see 10s of thousands of dollars in rare and obsolete parts. Naturally all of that is fueled by dreams of avarice and 1000% markups on fleabay and the like. Keep dreaming. Like was already said above, it was junk when it went in. All the tri-5 Chevy and early Ford V-8 stuff has been picked and inventoried decades ago. That 52 Dodge 4dr or 49 Kaiser are nothing but unpopular s****. Rare? Sure, because some of those cars in there were **** when they were new. Ugly blobs of transportation that served their purpose. I can raise a right hand high to the fact that there's probably no chance of stumbling over a 30s Packard V-12, an Auburn 8 or 12, clearly not a single Duesenberg, and I'd bet a SBC tri-power that no 32 Fords are laying in a pile waiting to be discovered by Joe Wantsadeuce for s**** price. Add any 426 Hemi to that list too. At the end of the day I sure wouldn't want to trust my work and reputation on a s**** yard part for a customer's car when I have the likes of Kanter and many others who have NORS parts at fair prices. The real gold mines are in Alaska and the diamond mines in Africa. To "save" a car from the crusher is a pipe dream 99% of the time and it's not worth a couple grand in time and money to rescue a rotted out 59 Chevy 4dr sedan that's been picked over for decades. Well, unless a new/used car dealer hoards em vs a s****per...