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Get Your Hands Dirty and Make Easy Cash...

Discussion in 'Making Money' started by MoreMoneyMoreProblem, Apr 26, 2013.

  1. MoreMoneyMoreProblem

    MoreMoneyMoreProblem BANNED BANNED

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    Currently I have seen a good bit of threads on new users wanting to learn how to make some quick money... well here is a method on how to do so.

    First off it does take some cash to get started and you WILL get your hands dirty, the work will be worth it in the end promise!

    At first I would say have a $50-100 budget but the more the better... when I first started I had $200 in my pocket.

    Now there are two ways of doing this which one is buy parts first and then sell and the second is research and then buy parts and sell.

    #1

    The first way is go to your local junk yard and find cars made by Honda, Ford, VW, Acura, Chevy, etc...

    Grab things off the vehicle that could be damaged in a wreck such as head lights, intake, bumpers, doors, and more.

    This is why you need a starting budget and the bigger the better.

    Around here head lights, bumpers, intake, and doors range from $25-100 so if you could double this products you purchase it means less trips and more cash.

    Now once you have got a few parts jump on Google and find forums for the maker of that car... 99% chance there will be a classifieds within the forum.

    Post on the forum the part with a few pictures and make the price at least double the price of what you purchased it for plus shipping.

    #2

    The second way is jumping on the forum and searching for what users are wanting to buy... send them a message saying you have the part.

    If they are interested call your local junk yard see the price for the part and then let the user know the price is at least double plus shipping.

    Once the sale has been made pick up the part and ship it out to the buyer...

    With this method it is very simple to double your money and get more cash for parts to double that amount.

    #More Relative and Helpful Information

    - The more rare the part the more cash it will bring... research the product, see if it is rare, and if it is then buy!

    - Don't limit your selling to automotive forums... use Craigslist, eBay, even Facebook to sell parts and expand your inventory.

    - If the parts are dirty just wash them off and give them a clean for better pictures and more chance of someone wanting to purchase.

    # Example Parts and Earnings

    Recently I went to the local junk yard and decided to buy some VW Jetta parts since my fiancee owns one and the car seems to fuck up a lot.

    Anyways I went to the junk yard and purchased an expansion coolant tank for $3.50 which is pretty cheap for VW.

    Next day I took some pictures and jumped on a forum and posted the coolant tank for $12 plus $12 shipping...

    Got a message from a serious buyer and after a couple minutes the item was sold for $24.

    Shipping only cost me $5 so after removing 4 screws holding the tank in and buying the tank and paying for shipping I made a total of $19 which is $15.50 profit!

    # End Note

    It may be knuckle busting but any time you can double your money or better do so because you won't get chances like this except with car parts.

    Over the last month I started with $200 which included the $3.50 I spent on this coolant tank and turned it into almost $14**.**

    Can you really pass up $1400+ profit with a $200 budget? No you can't so jump in as soon as possible and make some cash.


    If anyone has any questions shoot me a message or reply in the thread and I will give answers ASAP.
     
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  2. TheMoneyWizard

    TheMoneyWizard Elite Member

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    Nice method! :)
    From the title I thought this was going to be something else ;)
     
  3. Guthridge

    Guthridge Registered Member

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    This is awesome. Would have never thought of this. I am thinking about getting a buddy or two and maybe starting something up
     
  4. MoreMoneyMoreProblem

    MoreMoneyMoreProblem BANNED BANNED

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    If you have the experience with mechanical type stuff then to make more profit you can buy Honda engines at the yard for $100-200 and then throw it on the specific make forum, Craigslist, or eBay and you can easily double your cash... just going to need to ship it which is going to cost the buyer an arm and a leg.

    Something I forgot to mention is never tell the buyer that you will pay for shipping... you are putting gas in your car to get the parts so they can pay for shipping to receive the parts.

    Last week I purchased a cold air intake off a Honda civic at the yard which cost me $10, put it on Craigslist and met up with a guy who bought it for $20 and also gave me his current cold air intake plus $20... then I sold that cold air intake for $20. In the end with a $10 investment I made $30 and got a part for free to sell.

    If someone is wanting to swap parts out with you for your part(s) just do some research and haggling... you can easily walk away with profit and parts in a combined package.
     
  5. MoreMoneyMoreProblem

    MoreMoneyMoreProblem BANNED BANNED

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    Sorry about the double post but here is another idea if you have a trailer that can be towed behind a truck ( I am currently working towards this).

    Make posts on your local Craigslist, local car forums, etc. that you are looking to buy scrap cars and trucks.

    You will have some interest because some people have a few scrap cars in their yard but no way of taking them to the scrap yard.

    Find out how much the average is for scrapping a car at your local scrap metal business.

    Now you have something to go towards on the price... usually the pay you $300-400 a vehicle.

    When someone has interest in you picking up their car, offer them $100-180 with free pick up and they will go for it.

    Go pick up the car and throw it on your trailer then take it to the scrap yard and once again almost double your money since they will give you $300-400.

    Craigslist 2 eBay...

    Look for vintage car parts on Craigslist for a good price, once found do some research on eBay to see if you can make a profit.

    If you can make a profit contact the seller and go and buy the part and throw it on eBay and make some extra cash.

    I just purchased a speedometer from a 1979 Jaguar XJ-6 for $35... threw it up on eBay and a buyer paid $76 + shipping.

    Not bad for a trip to the sellers house and then back home.
     
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    Last edited: Apr 26, 2013
  6. imperial444

    imperial444 Elite Member

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    Good old craigslist reselling junk method. Op provided with nice review on how it can still work in 2013.
     
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  7. angelas111

    angelas111 Jr. VIP Jr. VIP Premium Member

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    i did this a few years ago on ebay using the local yards. i would look at completed listings on ebay to see how much different parts bring and to see which ones were in high demand. it worked out for a little while until i got sick of it. an automotive background/knowledge helps with this. also make sure there are not a bunch of aftermarket new parts being sold that are cheap. you want things that people want to buy used because they are too expensive new. an example would be any kind of lights or body panels, as those are often cheaper to by new than from a junkyard. anything foreign normally does well but don't overlook your american cars either.
     
  8. richboi

    richboi Newbie

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    great method, but it does seem like alot of work
     
  9. MoreMoneyMoreProblem

    MoreMoneyMoreProblem BANNED BANNED

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    Yes it can be a lot of work IF you choose to make it a lot of work.

    I focus on parts that are held in by 1-20 screws such as bumpers, side skirts, head lights, tail lights, interior panels, and more.
     
  10. mego818

    mego818 Junior Member

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    My friend's little bro does this and makes good money so I can comfirm this works. If you know a bit about cars, it will only help you.
     
  11. killswitchv1

    killswitchv1 Newbie

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    thanks for the info. I'm new on here and dont really know much, but I am good at turning wrenches. looks like a good idea. Is there anything you found a problem selling?
     
  12. DNSpo

    DNSpo Newbie

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    Yes you can make some decent money in the junkyard business. Many do not realize that one person's trash is another person's treasure. I have a friend that junks and he makes some pretty serious cash off it.