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The chance to get a good price for an item that has turned into a junk is pretty low. You also will not find many takers who would want to buy the item. It does not take much of an effort for someone to realize that he should not pay for a commodity that is old and not in a good state. The owner of the item will have to sell it in a shop that deals with all sorts of junk items as he will not find anybody else who would be interested in buying it. Owners of heavy equipment have often experienced enormous trouble to sell old machines to a new buyer. Contractors are ready to buy old machines but certainly not those machines that will turn out as a liability when they put it to use on the site. Hence a person who possesses a decade old or probably older than that has a problem selling it.
Workshops can pay you more:-
You may have come across certain heavy equipment workshops that repair heavy equipment and also sells them to prospective customer who can’t shell out a lot of money in buying machines. These guys work really smart. They buy really old heavy equipment at a nominal price and then refurbish it by installing latest gadgets and technology. They paint it and give it a new life so that buyers who are not rich enough to afford branded heavy equipment can easily buy it from them. The only problem is you can encounter some or the other problem with the machine at any given point in time. It is absolutely not a reliable piece but it does not mean that there are no takers for the machine. These workshops sell with an assurance that id anything goes wrong with the stuff the owner can bring it back to them and they will repair it for free.
They do not pay you a meager amount:-
If you wonder the price they will pay you for the old metal you can be assured that you will get more than what you will get from a junkshop. The guys in the junkshop will eventually sell it to them. They will just keep aside the profit which can be yours if you directly approach these guys. Start with a higher amount and do not be surprised if they say no. You are just beginning a negotiation and therefore try to begin it on a higher note. They will try to bring down the price to an amount that may not be acceptable to you. This will be the test of your skill where you need to hold your price or let it come go down by few dollars. Remember, it is completely up to you to fix the price that sound to be acceptable to you.
Locating such workshops is not a tough task. What you need to do is visit a few of them before you nail the price.