Are You Looking To Sell Copper Wire? Factors You Should Consider As You Look For A Copper Wire Buyer
The value of copper is high right now. As such, you can make a lot of money selling any scrap or old copper wire you may have. However, not every copper wire buyer is the same. Here are a few factors you should consider as you look for a recycling company to sell your copper wire to.
How Much They Pay
One of the most important factors to consider as you search for a copper wire buyer is how much the buyer is willing to pay for your copper wires. The price of copper fluctuates, and as such, you may find that a buyer is willing to pay different amounts based on these rates. Always compare the rates in your area to find a fair amount. As you compare rates, take the time to learn if the rate they are offering is per ounce of copper or if the rate includes the wires, which will be stripped out later. You can expect to get a higher amount per ounce of pure copper, but then you have to strip the wire out yourself, which can be time consuming.
If They Strip the Wire
Speaking of stripping the wire out, as you shop for a copper wire buyer, ask if they will strip the wire out or if you are required to do it. All the copper buyer wants is the copper coating on the exterior of the wires. In order to get that, the copper needs to be stripped away. This can be time consuming and it does take some skill to ensure you get all of the copper and none of the wire. If you have never done this before, you may want to find a company who will strip the wire for you. However, be aware, that you will usually get less money if a company has to do the stripping themselves, because their time is worth something.
How The Copper is Delivered and How They Pay
The last factor you should consider as you search for a copper wire buyer is how they pay. Some companies will have you mail in your copper. They will then weigh the copper and issue you a check. Other companies will let you drop the wire off to you. They weigh it and then pay you cash on the spot. If you need money quickly and don’t want to deal with cashing a check, the second option is better for you. If you are busy and don’t want to drive across town to drop off your copper, the first option may be better. Always find a copper wire buyer who allows for drop off and payment that best meets your needs.
When you have old copper wire to sell, you want to find the right copper wire recycling company for you. Comparing prices, figuring out if you need to strip the wire yourself and determining how the copper is delivered and you are paid for the copper will help guide you to the right company.