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Old 07-09-2009, 07:17 PM   #1
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Wink Good way to profit

Not really a business but something I've been comtemplating to do for a bit of cash. OK so a couple of days ago I went out of state and while I was there I noticed people just through away their aluminum cans. I asked how much they sell for a pound here and they said 20-25cents a pound. Where I sell them I get near 2.10 a pound. I go over there and buy them for say 50 cents a pound and come back over here and sell them.


I figure I'll need atleast a ton a trip to make it worthwhile.

50Cents x 2000LB = 1000$ Spent
1.50 x 2000LB = 3000$ Total
3000 - 1000 for buying them = 2000
2000 - 500 for gas = 1500
1500$ profit!

I spend about 1,500$ total and 1,500$ profit.

Not bad for about 4 days right? Housing would be free I hope I got relatives heh.

And thats at 1.50$ a pound where over here it usually sells for about 2.xx$

Good idea or no? Would there be any problems?
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Old 07-09-2009, 07:20 PM   #2
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your 16 years old, good job! keep it up.
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Old 07-09-2009, 07:20 PM   #3
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do it. Then get a cool license plate
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Old 07-09-2009, 07:23 PM   #4
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gotta applaud your business sense.
not too many 16 y.o. nowadays have any entrepreneurial sense.

way to find a profitable niche.
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Old 07-09-2009, 07:25 PM   #5
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not a bad idea. Try on a little smaller scale first and if it works out go bigger.
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Old 07-09-2009, 07:45 PM   #6
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watch the seinfeld episode where newman and kramer do this.
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Old 07-09-2009, 07:48 PM   #7
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Originally Posted by 1ZlowZ View Post
Not really a business but something I've been comtemplating to do for a bit of cash. OK so a couple of days ago I went out of state and while I was there I noticed people just through away their aluminum cans. I asked how much they sell for a pound here and they said 20-25cents a pound. Where I sell them I get near 2.10 a pound. I go over there and buy them for say 50 cents a pound and come back over here and sell them.


I figure I'll need atleast a ton a trip to make it worthwhile.

50Cents x 2000LB = 1000$ Spent
1.50 x 2000LB = 3000$ Total
3000 - 1000 for buying them = 2000
2000 - 500 for gas = 1500
1500$ profit!

I spend about 1,500$ total and 1,500$ profit.

Not bad for about 4 days right? Housing would be free I hope I got relatives heh.

And thats at 1.50$ a pound where over here it usually sells for about 2.xx$

Good idea or no? Would there be any problems?
Gotta love the free market huh?

But iirc there are laws and regulations in the scrap metal business. I'd check into that first.
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Old 07-09-2009, 07:48 PM   #8
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One mans trash is another mans treasure.

Do it to it.
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Old 07-09-2009, 07:49 PM   #9
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Originally Posted by 1ZlowZ View Post
Not really a business but something I've been comtemplating to do for a bit of cash. OK so a couple of days ago I went out of state and while I was there I noticed people just through away their aluminum cans. I asked how much they sell for a pound here and they said 20-25cents a pound. Where I sell them I get near 2.10 a pound. I go over there and buy them for say 50 cents a pound and come back over here and sell them.


I figure I'll need atleast a ton a trip to make it worthwhile.

50Cents x 2000LB = 1000$ Spent
1.50 x 2000LB = 3000$ Total
3000 - 1000 for buying them = 2000
2000 - 500 for gas = 1500
1500$ profit!

I spend about 1,500$ total and 1,500$ profit.

Not bad for about 4 days right? Housing would be free I hope I got relatives heh.

And thats at 1.50$ a pound where over here it usually sells for about 2.xx$

Good idea or no? Would there be any problems?
where would that out of state be ?
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Old 07-09-2009, 07:59 PM   #10
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watch the seinfeld episode where newman and kramer do this.

That's the thing, did they pull it off?
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Old 07-09-2009, 08:00 PM   #11
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He's from Apple Valley, so that out of state is most likely Nevada or Arizona.
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Old 07-09-2009, 08:03 PM   #12
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That's the thing, did they pull it off?
doesn't matter. also:

Suspects Arraigned In Pop Can Smuggling Ring - Detroit Local News Story - WDIV Detroit
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Old 07-09-2009, 08:13 PM   #13
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Well I thought it was a good Idea, I don't think a couple grand is worth a 20 year sentence. Might be more lenient on a minor but, I wouldn't risk it anymore after reading that.
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Old 07-09-2009, 08:17 PM   #14
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keep it up! than you will realize theres more money in metals, and start stealing copper piping and catalytic converters lmao
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Old 07-09-2009, 08:29 PM   #15
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start stealing copper piping and catalytic converters

Everyday I'm hustlin'
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Old 07-09-2009, 08:32 PM   #16
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watch the seinfeld episode where newman and kramer do this.
Haha that's the first thing I thought of when I read the post.

Trash is big business. I wish I had a huge plot of land to open a junk yard.
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Old 07-09-2009, 08:34 PM   #17
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do it. Then get a cool license plate
the....CAN-MAN
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Old 07-09-2009, 08:34 PM   #18
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do it! nice haha need a partner!
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Old 07-09-2009, 08:36 PM   #19
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Well if you have relatives in that state, have them save all of their cans and then go get them and sell them and give them some of the profit.
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Old 07-09-2009, 08:40 PM   #20
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doesn't matter

What's the point in doing something if it doesn't work.
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Old 07-09-2009, 08:43 PM   #21
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A good way to not get caught is to transport one can at a time
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Old 07-09-2009, 08:44 PM   #22
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i want to watch that seinfeld episode now
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Old 07-09-2009, 09:21 PM   #23
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your 16 years old, good job! keep it up.
Agreed Kudos to you 1ZlowZ. It sounds like a pretty sound idea.
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Old 07-09-2009, 09:51 PM   #24
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it is not illegal to pick up cans off the side of the road and cash them in. not as glorious and a little more work, but there is no cost in aquiring these cans and you profit while helping with pollution
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Old 07-09-2009, 10:17 PM   #25
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"don't do it unless someone has already done it and succeeded."


god bless america.
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Old 07-10-2009, 07:29 AM   #26
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There was some hobo back in the 90's who did this (I forget which city) and started clearing like $250,000 per year at it.

If it works, go ahead and do it. Start on a fairly small scale first, and remain that while your profits will rise with volume, certain fixed expenses like the gas won't really go up as you grow the business, at least not proportionally.

Sounds good, actually. I have a lot of "side ventures" and I'm always looking for something new.
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Old 07-10-2009, 08:31 AM   #27
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The way to do it is go to your local college tailgate partys and pick up cans.

Kids do it all the time at the michigan games. Make some good money at a young age if your ambitious.
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Old 07-10-2009, 08:48 AM   #28
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homeless people do this all the time.. in manhattan you can probably make nice green doing this since theres at least 1 garbage can each block and 1000s of blocks.. just not a glamorous job..
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Old 07-10-2009, 11:41 AM   #29
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nice idea, but, if they catch wif of you doing this...and they check out the cans and notice there out of state, they can be legible for criminal activity, and bet ur ass they will point at you...


if u do this, fuck, good luck on it...

nice dea though
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Old 07-10-2009, 12:20 PM   #30
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If anyone read the article, it mentions on key point.

They were turning in NON-REDEEMABLE cans to states as REDEEMABLE. THAT is an offense, but if your cans are kosher, keep that hustling up.
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