Where Are They Now - The Used Car Edition

For collecting scrap, you do not have to go too far. Start right from your own neighborhood. You can spread the news in your neighborhood that you are collecting used and unwanted items on some fixed day of the week. Another option is to distribute pamphlets proclaiming the same message. In this way, they will get a means to dispose off their trash, and you will get what you wanted. Plus, you can offer them to clear their garages, basements or attics in return of a fee. You can even talk to them personally so that they know you are trustworthy.

But ease of obtaining is not just limited to the age of the car. Vehicles with a limited production are also hard to get parts for, especially if the vehicle is not a big seller. The reason for this is again obvious. Keeping inventory that is not going to be sold is expensive. So auto parts dealers keep limited supplies for these vehicles.

Similarly, you could also junk a car by typically junking it in a junkyard. They accept damaged cars. The good thing with the junkyard parts is that they pay you according to the weight of your vehicle. That means the heavier the vehicle, the higher the cash and vice versa. Junkyard dealers accept these cars because they sell the auto parts. For them, they don't see any need for a owner to buy new auto parts when used ones can also do. It is also a better way of junking a car rather than taking it to be of no good use. It is irritating to see a vehicle in your compound every morning, yet it is worthless.

There is not a certain type of vehicle that junk yards do not buy, but they tend to be most interested in automobiles whose parts are in high demand. For example, it would probably be easier to sell a 2005 Honda to a salvage yard that offers cash for cars than it would be to sell a 1985 Honda.

Let us start with ease of obtaining. Obviously newer car parts will be easier to get than older ones. A friend of mine still has a 1975 Pontiac Lemans. To obtain parts for this car he has to literally go to junk yards and even online. No new car dealers keep parts beyond 10 years or so and even auto parts stores limit their inventory to cars under 20 years. A 30 year old vehicle is almost impossible to find parts for. Plus, if you can find the part, depending on where you get it, the cost could be anywhere from 20 to 100% over the original part cost. To say that late model car owners are taken advantage of would be a gross understatement.

After you have had a chance to figure out a plan, you probably are going to need to think about hiring employees to help with your business. This can mean that you will have to take a little bit of a pay cut, but it will also mean that you can get a day off once and awhile. Be careful though, because there are many people out there that are not in it to really work. You have to be able to muddle though those people to find the good ones.