If a venture like this is very successful, it could lead to an enjoyable money making hobby where you act as a parts-ordering middleman for local car part enthusiasts.
Only call the liberty auto sales as a last resort. Salvage yards are only willing to give you the minimum for your junk car. For obvious reasons. They receive calls all the time from people that want to get rid of their cars for a buck. You are no different. They are in the position to make the rules.
But there is more to an auto part than just the part itself. The make and model and year of your car will have a great impact on how much the part will cost to replace and how easy the part is to get.
So my father and I began our project that week and it was so much fun. I was so intrigued by everything. We found all of the parts to build the bike through yard sales and junk yards, it was just so cool. We pretty much paid 50 bucks to build a very nice sleek mini motorcycle that ran perfect, and looked brand spanking new. I was in charge of the sanding and painting. So when my father was getting the engine running, and fixing other things, I was sanding down this old rusty frame we found at the junk yard. Thing looked like crap at first! After a solid sanding job and some half descent paint, thing looked like we had just bought it. Hey, as they say, there’s nothing like a good paint job!
Most car parts are made up of metal; therefore even your non-functional part would be able to fetch you cash – that’s why you need to visit your local recycler. So, they don’t just help you get replacements; they even buy your corrupt parts and sell them as scrap metal.
Another option would be to build a house on your vacant lot and rent/lease it out–both house and lot. Or, if you have a big budget and a sizeable piece of land, you can build a couple or several apartment units and rent them out. Just imagine the income you’d be generating from that!