Why Should I Sell My Car To Auto Salvage Companies?

Train the kids to put things back where things belong. If there is a home for everything there is always a place to put things back after they use stuff.

To avoid the network marketing scrap yard and save yourself a lot of time, money and the frustration you will need to learn from someone who can teach you what you really need to know to be successful.

Work out deals with your local scrap yards in advance. The spot price for metal is generally the best price you can get with a large homogenous quantity of some metal. You’ll likely be bringing in many different types of metals and the quantities may be limited to what you find or what you can haul. Work out a deal where the yard gives you a good price in exchange for consistent influx of scrap metal.

For those who live near a car pickand, this can be a cornucopia of auto parts. However, this can be quite time consuming, especially in large junkyards. You may have to search through hundreds of vehicles before finding the right part. It is also dirty work so wear old clothes. The advantage is the price. You can usually get the part you need at rock bottom prices and many junkyard owners will negotiate. Be sure to check out the part carefully as you can rarely return a non-working car part.

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.

Never offer to Donate your car unless you are doing it for moral purposes. Before 2005 The IRS was writing out deductions like nothing. Until they realize that they where losing Millions in revenue. Nowadays, to receive a deduction on a vehicle donation the value must exceed, but not including, $5,000. What does this mean? If you donate your car and they give you $5001.00, then your deduction is only $1.00. You are batter off taking it to a salvage yard and getting $50 bucks for it.

Auto salvage yards that operate a used auto parts department often sell parts to retail or walk-in customers. Many yards also do business with auto wholesale parts companies or other junk yards. Many used auto parts businesses use auto parts locator services to manage their inventory. These programs also help them connect with other yards and body shops. Body shops can benefit greatly from doing business with auto salvage yards because they can acquire the parts they are looking for at a fair price.

Decide what you want to spend for the part before you go. This can keep you from overspending on your budget. Sometimes these junkyards have staff who will pull the part or get it off a shelf. If you know what you want to spend it will help you determine if you want it from this place at all. Also, find out what they will charge you for it if you find it and pull it yourself. You don’t want to go through the hassle only to leave it behind because their prices are out of reach.

Lessons One and Two: I have yet to see an efficient “professional buyer” of ANY type of scrap. They are getting paid for results which means buying in quantity, which means going where the biggest and most numerous accounts are located. Even then, they use a ‘shotgun’ approach. Secondly, whoever shows up with cash in hand first gets the scrap. The people you buy from want CASH, not the bother of mailing or shipping their scrap materials to a buyer who “may” send them a check. Regardless of the amount of scrap they have, it is but a small percentage of their business – it is GRAVY to them!