Old appliances aren't just clutter; they can take up half of a car space in your garage or, worse, half of your patio space. So you usually can't stash them to deal with "later," even if that's your inclination. You also can't toss them in the trash or even disassemble them for the recycling bin. Why not? Because they're made with heavy metals and contain motors, toxic refrigerants, and other parts that aren't suitable for wholesale disposal.
You'd think you could just donate that old refrigerator, but often it's more complicated than that. Fortunately, there are several options. Trade It In If you're upgrading to a new appliance, it's quite common for the dealer to agree to remove the old one when delivering the new unit. Sometimes they charge a nominal fee, especially when it comes to refrigerators, which must be serviced and prepared properly for disposal.
This type of removal is the best strategy when upgrading any large appliance. Let them deal with removal and disposal of the old one. You can also check with your local utility to see if they have a removal service for older energy-guzzling appliances. Many utilities offer a rebate for your trade-in, and you might be surprised to learn how recent the old refrigerator model can be and still qualify for this promotion.
Sell It Maybe you've received duplicates as gifts and these have never been used and are still in new condition. Having the original packaging and product manuals is even better. You may have some appliances that have been gently used but their novelty has long since worn off. Or maybe you are moving or downsizing and cutting your overall clutter and storage area. These appliances can be sold and are very much in demand.
You can try to sell them at a garage or yard sale or sell them to a local appliance reseller. In either case, clean them up and make sure they have all their parts. Appliances with missing parts have much less value than complete units. As for price, consider what you would pay for the item if you were doing the shopping. Don't expect to get near the full value or even close to half price for an appliance, even if it has never been used.
We're talking yard sale pricing here. Have an electrical outlet handy, so purchasers can try them out before buying. Donate It If having a yard or garage sale is not your cup of tea, many non-profit groups, churches, community thrift stores, and trash-to-treasure startups will be happy to take working appliances for free. Many companies will pick them up, saving you that hassle. Check your community for local outlets.
Some centers operate with proceeds going to cancer research or another worthwhile cause, so donating unwanted appliances to these centers is important. There are also centers that accept appliances to recycle them for use by needy families. Scrap It Scrap-metal dealers accept some appliances for drop-off or will pick up appliances at your home, often for a small fee. There are also companies that accept working and non-working appliances for repair and resale.
They may pay a small amount for working units that are relatively new. Search online or in the phone book under "metal scrap," "metal recycling," or "appliance recycling." Wait for a Dump Day Cities of all sizes commonly host "dump days" in which residents can donate or dispose of a variety of household goods, including working and non-working appliances. This may be free for residents, or you may pay a nominal fee upon entering the dump site or pay individually for specific appliances and equipment.
In any case, the fees tend to be low. If you can hold on to your unwanted appliance until the next dump day, this can be an inexpensive and efficient option. Check with your city office for information on the next dump day or seasonal recycling event.See Also: First Time Home Buyer California Down Payment
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Have you ever thought that you could trade your old appliances for cash? I didn’t, until my husband and I purchased our first home. Unlucky Find as New Homeowners After moving in, Paul and I thought we had scored the jackpot: the previous owners left their kegerator in the garage for our enjoyment. It had been fashioned out of an old refrigerator, and even bore a painted stencil of the logo from Paul’s favorite football team (the Texans).
Unfortunately for us, it had not been used in such a long time that the product inside the keg was ruined, the tubing was moldy, and the refrigerator itself only worked when it was cranked up on the highest number (9). In other words, we needed to get rid of our newly found treasure, and seeing how it was an energy-guzzler, we needed to do it as soon as possible. If you have old appliances you need to get rid of, there are several ways to do so and earn cash at the same time.
@FrugalConfess Click To Tweet Getting Rid of Our Appliance for Extra Cash We did not have a truck at the time so I was very happy to find out that there was a company who was not only willing to come and pick the kegerator up from our home, but would also pay us $25 for doing so! It was a win-win situation as the kegerator was no longer our headache, we earned $25, and this company could recycle the parts for a profit.
How to Get Cash for Your Old Appliances If you have old appliances you need to get rid of and are looking for some extra cash (who isn’t?), there are several ways to do so where you can earn money in the process like we did. Read below to find out how you can extract value out of your old working or non-working appliances. Donate for a Tax Break: If the appliance is in a usable condition, you can donate it and take a tax deduction (if you itemize your taxes).
Some places will pick the item up from you, while others you will need to drop it off. Also, don’t forget to ask for a donation receipt if you plan to take a tax deduction. Sell the Appliance: Once again, if the appliance is still in a usable condition you can sell it on Craigslist or through a local pamphlet/ad for a small amount (depending on the condition and age). This option is good for those that do not have a way to transport the appliance as the person can come and pick it up as part of the transaction.
Also call your local used appliance shops and see if they will purchase the appliance from you. You can also check out Shopify, where you can create an online store of things to sell. Sell the Parts: Repair shops may be looking for some of the parts in your appliance. Call around to repair shops and local appliance technicians to see if there is interest. You will probably have to bring the parts in for an appraisal.
Scrap the Metal: If the appliance cannot be used or fixed, you can scrap it for the metal. Scrap metal is actually quite lucrative right now; the shop that we use has doubled their paying price from one year ago. Have you had luck in getting rid of your old appliances for cash? Subscribe to Get Your Paycheck Expander...It's Free! Unlock cash in your current paycheck today Just for You: 5 More Swagbucks Searches that Will Change Your Bottom Line