Lots of people make serious money selling junkyard auto parts. My husband has been doing this for a while and just loves it! I am still amazed at how untapped this market is. Maybe because you’re not sitting at a computer all the time selling junkyard auto parts?
However, working from home doesn’t always mean making money online or just from your computer, especially when you are in arbitrage trading.
And there are thousands of people searching for cheap auto parts online. Why not come in and be one of their recovery car parts suppliers?
This is a business that really doesn’t require you to be a mechanic or a detail specialist to make real money, especially if you are only into internal or external restoration parts or basic engine parts.
For example, a headrest is a headrest. Unscrew and pull out some parts. Door panels are door panels. Release them from the hinges and take them off. Engine components may be a little trickier, but you can always check YouTube to see what the parts are, what they do, and even how to remove them.
But even in this type of business, you might want to specialize in a niche. What do I mean by a niche when it comes to used body parts? Quite easy. Here are some ways to track down a niche through specialization …
- … in a certain brand and a certain vehicle model
- … in sports cars
- … in truck parts
- … in engine parts
- … in outer parts of the body
- … in interior restoration parts
Just think of all the parts needed to build a vehicle, whether it’s a truck or a car. Some parts are even interchangeable between brands and models. For example, I needed a new front fender for my 2001 Mercury Villager. Did you know that the 2001 Nissan Quest has an identical body to the Mercury Villager of the same year?
Do it! So my husband took the parts from a scrap quest and replaced my villager’s fender and headlight assembly.
The cup holder assembly in my villager also cracked. But instead of replacing that unit, he found a narrow console with built-in cup holders from a Dodge SUV that fitted perfectly between our villager’s front bucket seats. Same color and texture as the interior of our car; This console seems to come with our van!
Now we have three “new” cup holders in the front and two additional cup holders for the back seat from a $ 10 used Dodge console.
You need to do some research on eBay before you go out and spend your money. You can’t just buy junkyard auto parts and expect them to be sold. There are a few steps required to make this home business profitable.
- First, get a price list from your local junkyard. Find the cheapest parts on the list.
- Find the parts on eBay and filter by sold listings. Take an average of what these parts are being sold for and see what your profit margin is. For example, if the part is $ 10 to buy and the average is $ 85 or more and lots of them are sold, you have a winner.
- Take into account how much time and effort you want to invest in stripping the parts from the vehicles. Some parts are pretty simple and all you need is a couple of screwdrivers. Other parts can be quite tricky depending on whether they are interior, exterior, or under the hood parts.
- Another thing to think about is the weather! Here on the east coast it gets really stormy in winter. And in the spring it can get pretty muddy in the yard. So you need to make sure you get dressed for the weather – be prepared for anything.