How To Make Money From Buying And Selling Used Motorcycle Parts

Used motorcycle parts are in amazing abundance these days owing to the increasing numbers of people driving motorcycles around the world. The scare of global warming has forced a number of countries to reduce their greenhouse gas emissions by having fewer motor cars on national roads. Amidst the global turmoil surrounding global warming there is the opportunity to make thousands of dollars. The driver’s of motorcycles are increasing in numbers every day, thereby prompting a lot of businessmen to invest in the business of buying and selling motorcycle parts.

You do not have to be a motor mechanic to start a business of selling parts for motorcycles, just business minded. The very first thing you must do is choose a place of business. With that done your next task should consist of advertising your business to your community. Advertising can be achieved through distributing fliers, placing posters in public areas and also by placing ads in newspapers and car magazines. I would not really advise you to start a business just yet; the high income taxes can hurt a business of this nature.

You need to find spare parts in any way possible. A lot of people in the business of buying and selling car parts go to car compounds for damaged or impounded vehicles. Impounded vehicles are those motor vehicles, motorcycles included, that have been noted as not roadworthy or not having the necessary ownership documentation. Business people hardly turn to these because the common misconception is that they are hard to procure. The reality is government agencies can’t wait to get rid of them, even through the several auctions and open sales they have.

These vehicles and motorcycles can be obtained for a cheap price and broken down for spare parts. Once you have broken down these parts you can easily recondition and sell them for prices so low it will be impossible for you not to make a profit.

Another way of making money through spare parts is by contracting with major motorcycle manufacturing companies. If you schedule meetings with such manufacturers and establish business links you can end up becoming a distributor for them. The good thing about being a distributor is that you obtain parts at a cheap cost and sell them at your own price, sometimes without even having to pay cash for them upfront.

But once everything is said and done standard business practices like honesty, client loyalty and consistently good service make for a perfectly founded business initiative that will be profitable.

Selling Car Parts on eBay, a Simple Start Up Part 2

Where Do You Obtain Your Stock?

The local press will always have adverts for old cars, test failures and spares or repairs, so that is the best place to start. You will also need to transport the vehicle to your premises.

You can also look on eBay to see what is available that can be broken up. There is plenty of turnover on the site so if you are looking for a particular type of vehicle then keep checking back every day or so and you will soon find one.

Before You Start!!

Before you look forward to a weekend of stripping every part from the car, it doesn’t work like that. You will be wasting your time and presenting yourself with a storage problem. Strip the part when you sell it. Don’t do unnecessary work.

Essential Items

· Socket set.

· Spanner set.

· Screw driver set.

· Car Jack/Trolley Jack

· Axel Stands

What Parts Can You Sell?

We want to make this business as easy as possible to run, so selling complete engines is a no no, so are other large and weighty parts. The logistics in removing and storing as well as the specialist tools required make this out of our price range. It maybe that we can go down this route later if we find it is the right business for us but for the moment. Let’s make it as easy as possible.

Parts you can sell may be all or some of the following:

When you have removed all the parts at one time or as you sell them, clean them up before reselling and sell the rest of the vehicle to the scrap merchant. Advertise the parts for sale.

· Alloy wheels, it goes without saying that you can get a premium price for these, just make sure you have a set or can get hold of a set of steel wheels for when the car is towed away.

· Trim panels/parts/mirrors/lights/radiator/distributer/water pump/oil pump/fuel pump/pipe work/brake calipers/track rods/anti roll bar/instruments/glass.

· Anything else that can be easily removed and shipped.Look out for part 3