Britains Booming Scrap Metal Trade

Britains Booming Scrap Metal Trade VKSalvage Sponsored By www.vksalvage.co.uk E @VKSalvage1 The scrap metal industry is now worth a staggering 10 billion pounds in the UK with scrappers earning anywhere from 12 pounds a day using pony and trap to 800 pounds a day with a proper lorry. The recession has created a whole new generation of entrepreneurs. If you are looking to see the earning potential of a scrap car then take a look at the diagram below. Many people aren't aware of how much value a seemingly useless and destroyed old car still has. This is where scrappers make all of their money. BATTERY The batteries are priced up per kg. The current going rate for a batter is 70p per kg and an averga battery weighs in the region of 10kg. BODYWORK This is where the main value of the car lies due to the large amount of scrap metal involved. Your average car weighs around a ton and the current value of scrap metal is in the region of 150 pounds per ton. GEAR STICK/ BADGES/ EMBLEMS/NUMBERING ESTIMATE: 5 GBP Desirable emblems and lettering such as classic Mercedes, BMW or special edition cars like the Ford Cosworth can be sold on eBay for a large sum. ESTIMATE: 120-150 GBP ESTIMATE: 5-50 GBP ALLOY WHEELS Alloy wheels are the second most valuable part of the car after the bodywork. Value is all dependent on what they are made of and the structure of the rims. ENGINE Engines are complicated, there are many options from stripping them down in to individual parts of selling as a whole. Obviously the condition and quality of the original engine matter a lot. CATALYTIC CONVERTER ESTIMATE: 100 GBP The catalytic converter is often forgotten about by people other than professional scrappers. It can however be taken off and sold separately. ESTIMATE: 30-350 GBP ESTIMATE: 5-60 GBP TOTAL PRICE = 260-750 GBP %3D