Core Charges Explained
Core Charges Explained
Core charges ONLY APPLY when you order one or more of our units from our stock. If you are sending in your original
for repair core charges are not an issue; in that case the is no core charge. You therefore probably do not need
to read on.
Why charge a core charge? Why is a core charge different from cash we pay for old cores?
We hear the first question occasionally... the second question less often but both enough so that
we thought a short page of explanation is appropriate.
The basis of our business is to recycle parts which used to be discarded to provide our customers with
extremely high quality original equipment refurbished parts. Through a remanufacturing process we are able
to make these parts work better and last longer than when they were brand new! We
do not sell new parts and must have original equipment in reasonable condition to be able to continue the
rebuild cycle. The actual cost of obtaining old cores has been determined and that cost is combined with
other factors to determine a core charge which, when
combined with our rebuild price, yields a cost that it is reasonable for us to sell a module outright. We like
to point out that, our units sold outright are in the neighborhood of half the price of new, have a much
longer warranty and work better!
It is clear that the core
charge must be high enough to ensure their return. It is fairly obvious that a
low core charge provides little incentive for customers to return their old units.
Thus, while it is true that we always appreciate being able to acquire additional old cores to be able to add to our
inventory after remanufacture, what we are able to pay for old cores is substantially less than that which
is termed a "core charge" on our price sheets. The current cash prices that we can pay for cores fluctuate
slightly with supply and demand and range between about $10 and $25.
Please see our Core Search page for our current needs. Thanks!
General Development Laboratories
121 Easter Street
Morro Bay, CA 93442
805 772-5588