Scrap or Sell: What to Do with Old Home Appliances

Scrap or Sell: What to Do with Old Home Appliances

Home appliances are not cheap. You would invest a reasonable sum of money in them to simplify your daily chores in the household. When they come to the end of their lifespan, you should work to make them count. Do not just toss them in the trash. Although you cannot expect to get the same value you paid for them at first, you could still get some money from old and used appliances.

There are two main options to dispose of your unwanted devices for money. You can sell them as they are or scrap them for their spare parts or recyclable materials. The question is, would you make more money selling or scrapping? Unfortunately, there is no absolute answer to that question because the value of your old appliance units would all depend on their age and overall condition. But to give you an overview of how it works, read on.

Scrap old appliances and get a bit of your money back

For broken appliances that are beyond repair or may cost more if you try to repair them, the best option is to scrap them. Due to their substantial copper components, some devices may be worth a lot. Copper recycling is a great way to make money from scrap because copper is 100% recyclable. Manufacturers may use recycled copper the same way they would the mined variety. That keeps its value high, no matter how it was obtained. In addition, some appliances have more than just copper, which means you could make even more money. If yours has metal or plastic and other recyclable materials, you can exchange it for a significant sum.

On the other hand, you may also scrap old appliances for their spare parts. Repair technicians in your neighborhood may find a use for certain parts of your unit and pay for them. But you cannot expect to make a lot from scrapping to selling parts. It does not have the same potential as scrapping to sell components to a recycling center.

Sell them for reuse

If your appliance is still usable, you can sell it for a price much lower than its original value to the next owner who is willing to own a second-hand unit. There are many ways you can reach out to potential buyers, including the following:

  • Local buy and sell group or Facebook group.
  • Facebook marketplace.
  • Used appliance dealer.
  • Thrift shop.

If you do not know where to sell it, you may opt to donate your used appliance to a nonprofit, and in return, you may be awarded a tax deduction.

Dealing with old appliances may be a pain in the neck. Their removal from your home may require a lot of effort or cost. But if you are smart enough to know that old appliances are valued, your burden will be much lighter. In the end, it is up to you to decide whether to scrap or sell. Of course, you must choose the option that will give you better returns.

Image Source: https://pixabay.com/photos/kitchen-toaster-kettle-home-874805/

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CATEGORIES : Recycling

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