Is It Worth More Money to Sell an Old Appliance or Scrap It?


Quick Answer

If the appliance still works, it's worth more to sell the used appliance to another consumer than it is to sell it for scrap metal, as of 2015. For example, top-freezer refrigerators are available used online for up to $300, while they bring between $15 and $20 for scrap.

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Full Answer

Scrap metal is valued on the basis of weight and the quality and type of metal involved. A newer dryer tends to weigh, on average, about 100 pounds, and it brings in between $8 and $10 at a scrap lot. A washing machine weighs about twice as much, and so it yields between $18 and $22. Side-by-side refrigerators weigh more than a top-freezer refrigerator, and so they bring in closer to $25 at the scrap yard. A cast iron bathtub brings in between $30 and $40, depending on the exact weight.

Older appliances are often made from steel with a thicker gauge, and so their weight and value are significantly higher. One difficulty with selling a freezer or refrigerator for scrap is that a licensed professional has to take the freon out before it can go to the scrap yard. Many local utility companies and states have purchasing programs that pay up to $50 for old freezers or refrigerators, which is more than scrap yards pay, and the purchasing entities deal with the freon.

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