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Old 03-14-2011, 06:05 PM
toyoracing toyoracing is offline
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Default Business idea--comments/suggestions plz

Okay, so I've been thinking about this today and I have noticed the rather extreme lack in parts whether its local to whomever's looking or long distance. And there's also one more thing lacking. Noone outside of new parts dealers or salvage yards has a good steady supply of requested parts.

Now my plan here, or basic idea is to get questions, comments (good, or bad, just need suggestions, ideas, opinions reguardless of their negative or positve influence) as to if anyone thinks there's a steady enough demand on here and generally other places on the web to sell and store Ranger parts. I ask because I take trips to the salvage yard quite often and always see things I think are too nice to let go to waste as well as I go to parts dealerships and I also see the rediculous prices these places want. So I've came to the conclusion maybe there needs to be someone to start an online sort of focal point for people from this website and other's to buy parts for their Ranger without having to spend (if you don't know much about the truck) hours doing research for parts, innerchangeability among model lines, and specifications for things such as bolt patterns and such. Granted, I know this idea isn't unique, but I'm sure it's a worthwhile one because I've tooled around with the idea of starting a small business for quite a while and I believe this would be a great place to start.
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Old 03-14-2011, 06:23 PM
Jimmeh Jimmeh is offline
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Default Re: Business idea--comments/suggestions plz

Sorry buddy, but I don't think it's a very good business idea. If I am getting the jist of it, you're basically saying you want to be a Ranger only junk yard. How do you plan on making money? Do you plan on picking the parts up for free? Say I call you with a price from my local yard for an OHC at whatever the going rate is for them for YOU to go and pick it. Are you going to sell me the part for the same price that the junk yard right down the street is going to sell it? No. You may say you will, but how is that cost effective? You have labor in pulling the part (time is money my friend), you have shipping to contend with, and then you have an angry customer if the part doesn't fit or work. How many Ranger owners in Indiana do you think are going to buy the parts from you? Do you have a client base that you are already working with who seem interested in the idea? What's your overhead going to be? Are you going to keep things in stock at all times, or are you going to go get the part from the JY after it's paid for?

Not trying to be a dick, just throwing these questions out there for ya. Working for yourself isn't all it's cracked up to be. Getting started is the hardest part and when you have an idea in a market that is REALLY competitive (I'm only guessing the market for used auto parts is competitive because there are only millions of junk yards in the world) it's even harder.

My suggestion is do this as a hobby that might make you a couple of bucks. Start out small by getting parts a lot of people want, and sell them on eBay for a reasonable price. You're going to have guys like me who are frugal as fuck shop around, so be competitive. Even if you get a part worth $50, don't expect to make more then a couple of bucks on it at first. If you get a 10% profit ($5), it's a start.
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