by Alcoman
"Alcoman, you yourself said one of the engines was only worth 15K, and the other 25K..and they got 37K each?!
sounds like they made a VERY smart decision. "
At the time, I think scrap prices were alot lower. Regardless if it was considered a "smart decision" or not, it makes much more sense to sell a runner as such rather than scrap just for the sake of the almighty dollar given the demand for good used switchers at reasonable prices.
I suspect the railroad did not advertise as well as they could have about having the 2 C415's avaliable for sale. The ad in RAILSWAP did not last long and I did not see any ads anywhere else.
In fact, i surprised they did not go thru a broker to sell them such as Marine Diesel LTD.
If the 2 Alcos were toast or wrecked beyond repair, then parting them out and then scrapping is the only way to go. They could have made more money selling parts then the entire locomotive. The bad 8-251 would have fetched a easy $ 25,000 if it was rebuildable and the good one, even more
I am guessing that the TM's would have sold for $5,000 or more each.
The Generator worth $ 20,000 or more each.
It would have exceeded by far the scrap price they did get by a large margin. In excess of $50,000 for each locomotive-in parts.
Do I think that they made a good business move? NO
The W&W did the same thing to a RS-3 and 2 runnable S-6's....another bad move!
That's my 2Cents.
sounds like they made a VERY smart decision. "
At the time, I think scrap prices were alot lower. Regardless if it was considered a "smart decision" or not, it makes much more sense to sell a runner as such rather than scrap just for the sake of the almighty dollar given the demand for good used switchers at reasonable prices.
I suspect the railroad did not advertise as well as they could have about having the 2 C415's avaliable for sale. The ad in RAILSWAP did not last long and I did not see any ads anywhere else.
In fact, i surprised they did not go thru a broker to sell them such as Marine Diesel LTD.
If the 2 Alcos were toast or wrecked beyond repair, then parting them out and then scrapping is the only way to go. They could have made more money selling parts then the entire locomotive. The bad 8-251 would have fetched a easy $ 25,000 if it was rebuildable and the good one, even more
I am guessing that the TM's would have sold for $5,000 or more each.
The Generator worth $ 20,000 or more each.
It would have exceeded by far the scrap price they did get by a large margin. In excess of $50,000 for each locomotive-in parts.
Do I think that they made a good business move? NO
The W&W did the same thing to a RS-3 and 2 runnable S-6's....another bad move!
That's my 2Cents.