How to Buy and Sell Junk Cars for Profit

It is simple to purchase we buy junk cars, but turning a profit by doing so is a whole different proposition. The purpose of this essay is to teach readers how to acquire and sell trash automobiles for a profit.

What does “Junk Car” mean?

To be quite honest, a number of the automobiles I purchased were not at all “junk cars” despite the fact that I have acquired and sold thousands of garbage cars. For the owner, who only wanted to get rid of the automobile, it was a junk car; nevertheless, when I bought it, I knew it wasn’t junk! Many times after buying a car, I quickly sold it for a price that was between two and three times what I originally spent.

Buying wholesale scrap automobiles…

Because I know what to do and because, as they say, “knowledge is power,” I’ve been able to buy and sell a lot of junk automobiles. Having a list of persons or companies you can call that will buy your junk cars for sale in a flash for a reasonable fee is one of the keys to succeeding in the trash car removal business. I have developed relationships over the years with numerous individuals and companies that carry out this function.

What else is necessary to know in order to acquire trash cars?

Some people hold the opinion that you should buy salvage cars at auction and then take them right away to a recycling facility or scrap yard. I object! You better not believe that either if you want to learn how to buy and sell junk automobiles for profit.

What should you do if you discover inexpensive autos for sale?

If you read and take the following actions after purchasing a junk car, the information in this section can assist you in making a significant profit:

  • Disconnect the catalytic converter. This, along with buying broken automobiles for sale, was one of the best-kept business secrets up until recently. Platinum and other pricey metals are found in the catalytic converter, which recycling facilities are eager to obtain. The average factory original catalytic converter is worth between $50 and $100, and some of them are significantly more, so leaving it on the car is a terrible idea.
  • Remove the vehicle’s battery from underneath the hood… Lead is a non-ferrous metal, which means it doesn’t contain iron, and is what is used in car batteries. Most scrap yards won’t let you sell your car to them with a battery in it, but if you know where to look, you can sell the car battery separately for extra money. These typically sell for between $8.00 and $15.00 each.
  • Alternators are a wonderful way to make money… When I sell my alternators, I receive payments ranging from $4 to $10 each unit. For that kind of time investment, it is worthwhile to remove a few screws or nuts.
  • Air conditioning compressors are also rather expensive… The air conditioning compressor is typically found directly below the alternator on the majority of the vehicles I trash. Therefore, since you’re already there, you might as well remove the four screws that (on the majority of models) hold it in place. You will make an additional $3–$8.00 profit as a result.

The wheels, what about them? In this instance, I’m not referring to steel wheels. I’m talking about “Alloy Rims,” “Aluminum Rims,” sometimes known as “Rims,” or “Custom Rims.” You can also benefit handsomely from such. A set of four basic alloy rims will typically sell for around $75, but a set of four custom rims can fetch much more; I’ve even sold a set of four custom rims for more than $200.

  • Don’t forget the condenser and radiator.

On some models, the radiator and condenser are frequently disregarded because they are difficult to remove. That said, if you choose to extract them, they can be a wonderful source of revenue for you. If you know how to clean radiators properly, those made of copper are by far the most valuable we buy junk cars. Depending on whether they are made of pure aluminum or aluminum and copper, the radiator and condenser should cost you anywhere from $4 to $20.

On a different note, I have seen folks bring in scrap metal that is referred to as “filthy scrap” several times. About “How to clean up and prepare your scrap metal, before taking it to the scrap yard,”