M923 prices?!

[tage]

Bidding on a M923 out in phoenix on GP (I know, I know), thought I would get it with min bid (ironically just at scrap value). Mind you the truck has a flat tire, transmission in the bed, engine torn apart. Do I get it, Nope. Goes for $2,700!! What's going on with these prices?!

 

[wreckerman893]

It's worth more than that for scrap. These vehicles are made of very good steel. Even when prices are in the crapper professional scrappers will pay premium prices an hold them till prices go back up. I've had my favorite scrapper call me looking for good melting steel.

 

[tobyS]

"It's worth more than that for scrap."


Seems there should be a "was" inserted in there. Scrap is way down in my area, only 1/2 what it was.

 

[swbradley1]

They are going to be holding it then.

$155/ton for scrap last week.

(But scrap price is a regional thing.)

About $275/ton just to get back what they paid for it but there is a lot of work just to scrap a vehicle.


Maybe they bought it for parts.

 

[1 Patriot-of-many]

Sounds crazy to me. I got my M923 from GL for 2150, drove it home. Has hard top, legs and cover for the gunner hole. Had to replace the oil cooler. IIRC it has 7000 miles on it. Tires look brand new.

 

[98G]

Trucks and trailers always go way high in AZ.

I could buy M1101s in Ft Bliss and bring them to tucson, cover fuel, pay myself for making the drive, and sell them with titles ready to go for less than equivalent trailers would bring at auction at DM AFB.

 

[Piper Cub]

Scrap must be higher in AZ than CA. Last load I took in was 75/ton. The port strike seemed to really mess them up since it got too backed up for anything to get trucked down. The yard I go to still had the shelter I scrapped 7 months ago laying on top of the heap two weeks ago.

 

[98G]

No, there's a guy here that parts them. Pushes prices up.

 

[juanprado]

Sounds crazy to me. I got my M923 from GL for 2150, drove it home. Has hard top, legs and cover for the gunner hole. Had to replace the oil cooler. IIRC it has 7000 miles on it. TiresView attachment 575446 look brand new.

hard top with hole covers are pretty rare. Nice score!

 

[clinto]

Scrap here in Georgia is so low I've been sitting on about 6,000 lbs for months waiting for it to go back up.

 

[tage]

No, there's a guy here that parts them. Pushes prices up.

That explains that. I'm just weary of picking up one back east and driving it home. Imho shipping that cost as much of the truck is not in my budget

 

[tobyS]

I use scrap as an indicator of the economy and friends...it doesn't look good. Personally, I think these high trucks prices will take a hit. China is getting worse, not better, so the demand is going to be soft for some time. Green iron (trucks) are saturating the market too, making resale for a profit much harder.

On the bright side, the cost of raw steel has went down, for the person with cash.

 

[JohnnyBM931A2]

Scrap here in Georgia is so low I've been sitting on about 6,000 lbs for months waiting for it to go back up.

Same here where I live in Illinois. I think the scrap guys give $35 per 1000lbs. And some places won't even pay you for steel, unless you have over 1,000lbs. They'll usually just tell you to throw it in their bin.

 

[Piper Cub]

No, there's a guy here that parts them. Pushes prices up.

Ah, that makes sense. Is he on SS? I could use a couple things that won't fit in flat rate boxes to ship cheap from far away.

 

[tage]

Personally, I think these high trucks prices will take a hit.

Well, I guess that, and their EUC downfall. I shall wait till good deals present themselves.