Q. WHEN I SELL USED CATALYTIC CONVERTERS I MAKE GOOD MONEY. WHY SHOULD I DE-CAN?
A. De-canners make profits far above what you make by reselling. The industry promotes selling whole converters to de-canners. So actually, even though you think you are doing well the de-canners you are selling to are profiting much higher on the food chain.
Q. IF I DE-CAN AND SELL TO A REFINER/SMELTER, I’M AFRAID I COULD END UP WITH JUST A LITTLE MORE OR EVEN LOSE MONEY. I’VE HEARD OF COMPANIES SHIPPING TO THEM AND THEY HATED THE RESULTS.
A. If you understand how sampling affects your assays, that will never happen since you will correctly know how to ship OEM material. Yes, if you ship DPF or aftermarket separately or together, even mixed with OEM material that can certainly happen. Also, If you buy de-canned auto catalyst from repair and muffler shops that would not be the same quality to expect from OEM catalyst. Last, see other reasons you might not achieve good results under the CATALYTIC CONVERTER RECYCLING tab.
Q. I SELL USED CATALYTIC CONVERTERS TO THE HIGHEST BIDDER, ESPECIALLY ON THE HIGH VALUE CONVERTERS. I FEEL I’M AT THE TOP OF THE MARKET AND MAKING THE MOST MONEY. DON’T YOU THINK THAT IS THE BEST STRATEGY?
A. You can never be at the top of the market selling or re-selling whole converters. Companies do not work close when de-canning high value converters and are making substantial profits, regardless, if you think otherwise.
Q. I WORK WITH PHONE APPS FROM SEVERAL DIFFERENT COMPANIES. I KNOW MY MARGINS WHEN I BUY AND SELL, SO WHY RISK INVESTING IN A DE-CANNING OPERATION?
A. As a business owner you can never do better unless you accept certain risks. So, depending on how many converters you sell at a time, why not make many, many thousands more profit with the same converters? Wouldn’t that be a risk worth taking?
Q. I AM A DE-CANNER THAT RECEIVES ADVANCE MONEY FROM A REFINER TO BUY CATS. I AM NOT MAKING THE KIND OF PROFIT I EXPECTED, SO IS SOMETHING WRONG?
A. You are involved in a hard money loan and the lender is taking a risk. Unless you have excellent credit and can borrow from someone you know or a bank, the payback will be severe due to the lender’s risk level. By de-canning you will become much more profitable, then you can build capital to finance your own business. We will also explain to you how some of our suppliers have built capital quickly without borrowing additional money.
Q. I de-canned and shipped auto catalyst to a refiner three times, but only made a small profit above when I sell used catalytic converters whole. So, for me it wasn’t worth it to de-can.
A. Many in the industry will keep you in a box to make sure you are selling whole converters. Once you become frustrated by de-canning, they know you will again have to sell to one of the larger de-canners.