How to buy junk cars and make money
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- Опубліковано 1 жов 2024
- Junkyard Life is always hunting for car deals. We shop driveways for dilapidated vehicles covered in tarps or dirty with debris or covered in tree sap. All telltale signs of a non-running vehicle. We bought this 2002 Honda Civic because it had a tarp covering the back window. The tarp was sagging into the Civic, showing evidence that the tarp had been there awhile. The reason for the tarp? A large tree limb fell on the roof, breaking the back glass and denting the roof. The owner, at first reluctant to sell, was ready to make a deal six months later.
For $300, the ran-when-parked Honda found a new owner in Junkyard Life. We needed to do some major cleanup. A junkyard rear window glass, seatbelts, new wipers, and a new fuel pump were the major items replaced. The Civic was back on the road after the roof was pushed back into place using Porter power hydraulic tool.
The lesson here is to look for a deal. They are parking in driveways and yards all over your town. A little sweat equity and little money add up to a profit if you decide to flip the project and not turn it into your daily driver. We see it as a win-win scenario. You may hit some snags along the way, but the more you practice the junk car craft, the more you will learn.
How to buy junk cars and make money
• Always look for a diamond in the rough. Scan driveways and yards for vehicles that have been parked for a long time. Dirt, debris on top, dingy with grime or damage?
Inquire with owner if vehicle is for sale
• Make your best deal. You will learn over time how to factor in the unknown expenses in the price or just offer scrap value. Many will be glad you took their eyesore away. Always another deal down the road.
• Sweat equity: cleanup the vehicle, determine what need to be done to get it running. Buy junkyard parts if possible.
•Mechanical: fuel systems, tank, fuel pump, brake lines, etc. Vehicle needs to be road worthy or sell as parts/project to make your money.
• Keep a good attitude. You will encounter headaches. Besides the automotive grinding and busted knuckles, paperwork and trips to the DMV will become regular occurrences if you decide to hustle junk cars.
• Don't try to hit a home run every time. Make some money and move on.
Jody Potter
- Junkyard Life
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How to find people who want to sell their junk vehicles?
Don't you think you should have looked before you bought it you might have been able to get it for less
It's a Honda, the name alone is worth $300 if you can roll it onto a trailer. :)
Less for a car with a engine still would be a hard offer
Do i need a license to buy and sell junk cars?
Nice 👍
Yes I wanted to know how you a tow truck because I'm wanting to get this car but I'm needing help
Keep your eye on dirty cars in yards and knock on the door. This one was fixed up and sold. You can do it too!
@@Junkyardlife thx man I appreciate it I found one on Facebook and going to try and get it
How can I buy one please
I need better step-by-step, yes? Look for a car that's been sitting. DO your research. Is it a good car? Does it have common failure issues? Then decide if you want to take a chance, spend a little, work a little. With the goal to come out with more money/value in car than you spent. Sell and repeat process or keep and have a car that you can drive for cheap.
How much did it sell for though
Three… wait, you don’t work for the tax office do you?
Any update on the Ford bus?
The bus bit the dust. That crazy idea put ol Keith in hospital with a messed up shoulder. I think that was final straw before anymore damage could be done. Sometimes you got to punt. Sold the 4x4 chassis/engine and bus to another dreamer. FrankenThing Mega Bus needs an update video. Sorry to leave you hanging.