Buying junk cars is easy to do, however making a profit from buying cash for junk cars is an entirely different proposal altogether. This article was written to help the reader to learn how to buy and sell junk cars for profit.
What is a "Junk Car?"
I have bought and sold thousands of junk cars, and just to be honest about it, several of the cars I have bought, were not "junk cars" at all. The owner simply wanted to get rid of the car, so to the owner it was a junk car, however for me buying it, definitely NOT a junk car! On many occasions I have immediately sold the car for somewhere between 2-3 times what I had paid for it in mere minutes of the transaction.
Selling junk cars wholesale...
One of the reasons I have been able to buy and sell so many junk cars is because I know what to do, and you know the old saying... "Knowledge is power." One of the keys to being in the junk car removal business is this: having a list of people, or businesses that you can call on, which, for a fair price, will buy your junk cars nj for sale in a minute. Over the years I have built a relationship with various people and businesses that do just that.
What else do you need to know to buy junk cars?
There are some people, which believe that you should find salvage cars for sale, and after purchasing them, go straight to the scrap yard, or recycling center. I disagree! If you want to learn how to buy and sell junk cars for profit, you had better not believe that either.
What do you do after you find cheap cars for sale?
The information in this section can help you make some real profit, if you read and do the following, after you buy a junk car:
On another subject... there have been countless times, where I have seen people who bring their scrap metal in, which is called "dirty scrap." I'll write another article soon about "How to clean up and prep your scrap metal, before taking it to the scrap yard."
In summary, if you total up all the low numbers it works out to be $144.00 totaling the high numbers equals $333.00. If you are good, and can strip a car down in about an hour or so that is nice return on your time.
Keep in mind not all cars have aluminum rims, and do not be dismayed if you go to sell a catalytic converter at a scrap yard, and they tell you it is an "aftermarket" one worth only about $5.00-$10.00. In any case if you read and follow these instructions you'll understand how to buy and sell junk cars for profit.