Should You Purchase A Salvage Car
Air Conditioning Compressors bring a few bucks too... Most cars that I scrap out have the air conditioning compressor just below the alternator. So while you're right there, you might as well take out the four screws holding it in place (most models) while you're at it. That will add an additional $3.00-$8.00 profit for you.
Selling used cars for profit is good in any economy. Sounds crazy I know, but let's look into it a bit more. There are literally millions of cars in the world, with more being built every day. With new cars being built everyday why would you want a used one? Two reasons, first there are way more used cars than new cars, and used cars are way cheaper.
There are a number of auto parts distributors that specialize in one brand of auto parts and if you look for VW auto parts you will find that a great many of the specialty auto parts people do focus on the VW. Why is this?
Budget: As mentioned above, the first reason is affordability of the people. Middle class people in India find it quite difficult to meet their desires due to shortage of funds.
What should you fix? If your car has a major problem like a blown engine or transmission then you may want to sell for parts to an individual or discount volvo parts. Here it will bring only a fraction of what a similar running auto would bring. If it has a safety problem like bad brakes or inoperable wipers I would fix them before selling the car. Little things like a cigarette lighter not working should be mentioned, but are not that important.
I related my findings and told David he had to do his own negotiations but I would coach him every step of the way. David paid my fee and I didn't hear from David for one year. When he called, I asked what happened to the car wash soap business. He filled me in on the story.