How to Make Money Buying and Selling Used Motorcycle Parts

Used motorcycle parts abound these days due to the increasing number of people riding motorcycles around the world. The global warming scare has forced several countries to reduce their greenhouse gas emissions by having fewer cars on national roads. In the midst of the global turmoil surrounding global warming, there is an opportunity to win thousands of dollars. Motorcycle riders are increasing in number every day, prompting many entrepreneurs to invest in the business of buying and selling motorcycle parts.

You don’t have to be a motor mechanic to start a motorcycle parts sales business, you just have an entrepreneurial mindset. The first thing to do is choose a workplace. With this done, your next task should be to advertise your business in your community. Advertising can be achieved by distributing flyers, placing posters in public areas, and also placing advertisements in newspapers and automobile magazines. I really wouldn’t recommend that you start a business just yet; High income taxes can hurt a business of this nature.

You need to find spare parts in any way possible. Many people in the auto parts buying and selling business go to auto complexes looking for damaged or impounded vehicles. Seized vehicles are those motor vehicles, including motorcycles, that have been marked as unfit to drive or without the necessary ownership documentation. These are rarely used by business people because the common misconception is that they are hard to come by. The reality is that government agencies can’t wait to get rid of them, even through the many open auctions and sales they have.

These vehicles and motorcycles can be obtained cheaply and broken down for parts. Once you have broken down these parts, you can easily recondition them and sell them at such low prices that it will be impossible for you not to make a profit.

Another way to make money through parts is by hiring the major motorcycle manufacturing companies. If you schedule meetings with these manufacturers and establish business links, you may end up becoming a distributor for them. The great thing about being a distributor is that you get parts at a low cost and sell them at your own price, sometimes without even having to pay cash up front.

But once all is said and done, standard business practices like honesty, customer loyalty, and consistent good service make the well-founded business initiative profitable.