People looking to recycle old refrigerators for cash should search online for state-specific recycling programs. New Jersey, for example, offers people who recycle their refrigerators $50 in cash as well as $50 vouchers toward the purchase of a new refrigerator.
Refrigerators contain a substantial amount of metal that can be reused, so states sometimes offer incentives to prevent the metal from ending up in a landfill. The value of metal in refrigerators varies significantly, but scrap dealers are sometimes reluctant to take in new refrigerators if the compressor is still attached. The Freon gas in refrigerators poses an environmental risk, so certified experts need to remove it safely. Recycling programs help state governments ensure that only qualified people remove Freon from old refrigerators.
Another way to recycle an old refrigerator for money is to sell it. If the refrigerator still works, owners should consider selling it on Craigslist or another site that lets people post classified ads. However, very old refrigerators might not garner much interest, since refrigerators use a lot of electricity and older models are less efficient than newer ones. Local charities might be willing to accept a donated model, and some might provide free transportation for it.