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There was a good article a few months ago in the Engine Builder magazine about the trend for engine cores to be rounded up and sent to China for scrap. The main reason appears to be the much increased price of scrap, up from $75 per ton in 2001 to $300 in 2006. With these high prices large scrappers aren't bothering to pull out engines and other core parts, they're sending them off as metal to the Orient.
So it might be a good idea to get a spare engine or two for any future projects now, because it might turn out to be surprisingly hard to find them in a few years time. I just think about how it's a little difficult to find a good flathead for rebuild here- and they made millions of them. Once they were everywhere, but now they're scarce and people are spending money resleeving and repairing really poor cores.
I'm not sure this is completely accurate, from what I've seen the average junkyard engine sells for 300-$500, at 3 or 4 motors to the ton it would still be worth while to sell them for parts. JMHO.
Well the price the junkyards will ask for engines depends on if they are being sold as usable or cores, for starters. And what they can't sell retail they will send to the scrap at much lower prices, but they sell many tons at one time so get rid of lots at once.
Since I started this thread, scrap prices have fallen drastically so it's not so relevant now.
Scrappage rates will also depend on location, in highly populated coastal areas with very high land costs, such as where I live, most junk cars collected by towing companies are brought directly to the scrap steel processors. They load directly onto barges for the Orient.
In more inland areas with more land available, and high shipping costs to the coast, it makes financial sense to keep more old junk cars around for parts.
scrap prices are at an all time low ...... it was 180 a ton for cars in the spring now it is $5 a ton ... no jokes...... Im looking for a job now .... was clearing over 1200 a month all summer, now it doesnt even cover gas