Hmmm would this work?

[Zenicman]

Potential new earnings!

Hi,

Now before anyone bits at me I am not going to start a new company or think about it I just had a new idea and thought I would share it with someone on here and see what you think.

Recently my friends car has broke and he needs a new gear box now after looking around for one. They were working out too expensive to buy one from Audi, so he looked at scrap yards and found one.

While at the crap yard we found a full car with little damage for sale for next to nothing. If you had some mechanical skills would this work?

1)Visit a scrap yard
2)Buy an old car or new
3)Brake the car into bits
4)List them on eBay

Now do you think this would work? I know it will have been done before but it just hit me and thought it was quite a good idea.

Any thoughts

 

[CKG]

I'm sure it would work if you had the patience, time and space to mess around with dirty old cars.

I used to do it alot with race bikes.

I'd buy up a race bike for a grand or so and part it out as the value of the bike complete is less than the sum of its parts - if you get me

So a £1000 bike would net me a few hundred quid over the space of a couple of weeks.

It's not much fun pulling things apart in a cold greasy garage though!

 

[moose88]

of course it would work. but i dont think it would be a good earner, unless you did this on a very large scale. because finding decent cars and stuff is kinda rare at scrap yards. better off going to those places where they sell crashed cars, and fix em up and sell em off. my mate bought this nice flashy sports car for 10k and fixed it up, and its worth around 16k now.

 

[horza]

Lots of people do it already.

 

[wevet]

Sorry old hat idea. Most decent sized scarp yards have an online presence.

As to "doing up" old cars most of the newer model cars in the scrapyards are insurance writeoffs and getting them back on the road is quite complex.

 

[vvaannmmaann]

There may well also be issues with disposing of the oil,batteries,tyres etc.The EU now have very strict rules governing this area.

 

[asonda]

Aye, It's already being done and unless you have the space, the time, the patience and the money there's no point thinking about it.

Not only do you need to have a car which is 1.) very popular or 2.) very rare, otherwise you're going to end up with a car, sitting in your garage/drive that nobody wants anything off it.

Once all the bits have sold (if you can sell them all) you will then have the shell of the car to dispose of, which will cost you money.

and as vaaannmmmamamamamamamamaaaaaaannnnnnnnnnnnnnnn has said it's a bit of a chore to get rid of things like the oil etc.

I'd be more inclined to buy a cat d write off, fix it up, MOT it and flog it on. Cat D's don't need a VIC check, so aslong as you repair the car correctly and have it fully tested you'll be able to make some money. Not for the faint hearted and picking a good car out of all the 1000s that are wrecked, will be a tough job, trust me, I nearly went ahead with a project myself. I chickened out at the last minute.

 

[stugster]

If you come across a Peugeot 306 (1999) Exhaust, do let me know though!

And the door pins

 

[gregs2769]

i pulled apart a race bike a few summers back and managed to sell all the bits on ebay for twice what i paid for it. i was shocked tbh. i would do it again but im not sure if that was a one off.

 

[Successful Selling]

I thought that now a days, you need some kind of licence to dismantle cars and sell them for scrap??????

(I thought it was something to do with theives give cars new identities etc)

I could be wrong.

 

[Matt1959]

I thought that now a days, you need some kind of licence to dismantle cars and sell them for scrap??????

(I thought it was something to do with theives give cars new identities etc)

I could be wrong.

He's right. You need a licence. Note the lack of small ads in free papers whereas 5 years ago they were full of spares for sale and braking for spares etc. This game is absoloutely nothing new - salvage companies are right on the ball, if theres some money to be made, they'll be in there...

 

[incredibl]

I'll tell you how the idea would work. Both the parts, and the fixer upper situation. Cars here become worthless very very quickly, insurance companies don't tend to repair cars for small reasons if the car is more than 5/10 years old. Get involved with international sales. Find the cars here, scrap yards etc, find a buyer/distributor in timbuktu (?et al) and ship em out.
Again, been done - but good money in it - Always worthwhile considering Africa. I hear the peugeot parts are quite expensive in Nigeria