anyone interested in cylinder liner,piston,piston rings,piston plug?those fours I mean in cars and generators .those have more benefit room than filters.
there are really big factory I know well produce those as best in fields in China,all are listed company.most their products export to America and Europe. they also want to develop their market in Africa.
so if interested,please send me a email.we can talk more.
bloomlee219@foxmail.com

@bloomlee why dont you say what you know that will teach interested wanna do auto parts biz before making this thread for advert.

That's the reason for this thread,giving

Talking about the used parts business "mgbuka" from overseas, I just have some concerns and questions because I like working with figures.

Assuming you get a car at auction for $500 say a 1999 camry, lets do the maths.

Cost of vehicle.............................................................$500
auction fee..................................................................$200
Towing from auction.....................................................$150
Payment to dismantler.................................................$350 ( to break down a vehicle into spare parts.you may also ship whole car but you will pay more shipping and clearing )
Shipping in a consolidated container .............................$500
Clearing the parts.........................................................$500
Other misc expenses in Lagos.......................................$100

Total............................................................................$2300 (@210 = #483000 naira)


Now, selling the parts in naira;

Engine.......................................................50k
Transmission.............................................30k
front and back bumper................................20k
All four shock.............................................10k
Radiator.....................................................7k
Alternator...................................................3k
kick Starter.................................................3k
Two air bags...............................................20k
Four tires and wheel..........@4keach............16k
Front and back brake system.......................10k
Condensers..................................................6k
Evaporator...................................................6k
Front and back wind shield..........8k eack.....16k
Four complete doors................10keach........40k
bonnet front................................................8k
boot cover.................................................8k
fuse box.....................................................5k
exhaust system;........................................12k
dash board and glove compartment...........20k
head light..................................................7k
back light..................................................8k
pointers....................................................3k
fenders............@6k each..........................12k
front grill...................................................5k
car radio/cD..............................................6k
brain box.................................................20k
ignition system........................................10k
Front arms ..........@5k eack.....................10k
Two back quater panels .........................10k
floor mat..................................................4k
seats ......................................................10k
Steering system......................................15k
Fuel tank.................................................10k
Battery....................................................4k
hose and pipes.......................................10k
Wires......................................................10k
others....................................................20k

TOTAL.............................#464000


Therefore; Amount put into business......#483000
Amount after sales................................#464000

profit/loss..........................................-#19,000 (loss)


Questions, comments, concerns and observations are welcomed.

@ sonnie very nice writes..

But as a business person you dont bargain for outright loss,thats the important reason feasibility study is very necessary in negotiating when buying accidented cars.

Having a break down of what the price in market looks like will guide while buying.

So instead of accepting such deal you look for a more lucrative offer.

sthugo:
@ sonnie very nice writes..

But as a business person you dont bargain for outright loss,thats the important reason feasibility study is very necessary in negotiating when buying accidented cars.

Having a break down of what the price in market looks like will guide while buying.

So instead of accepting such deal you look for a more lucrative offer.

Thanks. Could you please advise on specific aspects one could cut cost in the illustration I presented.

Just observations and questions about your analysis....
1) The cost of buying is high because of the current dollar rate. Are those selling prices current?
2) I'll advice you put some loss tolerance in what parts you will be able to sell as those parts are coming from junk cars, so some of the parts may not be sellable at all or at the normal price.

My thoughts for now!

aydj:
Just observations and questions about your analysis....
1) The cost of buying is high because of the current dollar rate. Are those selling prices current?
2) I'll advice you put some loss tolerance in what parts you will be able to sell as those parts are coming from junk cars, so some of the parts may not be sellable at all or at the normal price.

My thoughts for now!

Your thoughts are absolutely in order. My analysis is on the best case scenario, yet one would be running at a loss. There would definitely be some damaged parts and other losses. Again, it is almost impossible to get a 1999 accident camry for less than $500. I just what to understand how people make profit from the business. Except there are other ways of cutting cost, then let someone who knows throw in more light because I am also here to learn.

certainly the exchange rate of dollar to naira affects international business.

@ sonnie as I said earlier,but it seems u didnt read between the lines.not all accidented brand of cars are good deal,mind you 1999 camry is a very old brand of car.

Where you get a fair and attractive deal are on mostly modern and expensive cars when they are accidented and up for sale.

Op, how long does it take to learn this biz, say at ladipo.

@ bob

No specific time,it all depends on how business minded or creative you are.

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sthugo:
certainly the exchange rate of dollar to naira affects international business.

@ sonnie as I said earlier,but it seems u didnt read between the lines.not all accidented brand of cars are good deal,mind you 1999 camry is a very old brand of car.

Where you get a fair and attractive deal are on mostly modern and expensive cars when they are accidented and up for sale.

Thanks but I need more clarification. Say one decides to buy 20ft container load of engines only ( not dismantling of cars) how viable, in terms of profit would it be.
The specific questions are;

1) What type of engines can one buy
2) what country do you buy them (not continent pls)
3) At what price do you buy each (estimate)
4)At what price do you sell each (estimate)
5)How many engine can one load in a 20ft container

State shipping charges and custom duties separately. Thanks

@ sonnie a full load of 20ft container stocked with just engines,I haven't done such before,but if you wish to venture into it,I can creat time to make enquiry on that.

Not trying to dissuade you but personally I dont think such is really a fast turn out business.because engines are not replaced that often in vehicles.

Only a platform of getting the engines @ really really low price for imports,I think at such quantity the business is viable.

Please make the enquiry and lets have the detail on the 20ft container engine. Thanks

sonnie10:
Please make the enquiry and lets have the detail on the 20ft container engine. Thanks

Currently no verified information due to dollar exchange rate. Immediately I am satisfied with some information as regards to your questions,I will prompt you.

Happy good friday all

We thank God for the gift of Jesus christ

sonnie10:
Please make the enquiry and lets have the detail on the 20ft container engine. Thanks

Currently no verified information due to dollar exchange rate. Immediately I am satisfied with some information as regards to your questions,I will prompt you.

sthugo:
Happy good friday all

We thank God for the gift of Jesus christ

Hi, I can assist in sourcing auto parts, salvage cars, new and used cars and both oem and aftermarket part from the USA and Canada. I'm a licensed dealer with all the major auctions. I work with a team of shippers, towing, wrecker and clearing agents.

https://starkautosales.com/auctionlist.php?registration=Auction+List
car-part.com
Copart.com
Manheim.com
Adesa.ca
https://www.partsmonkey.com/en-CA/
Partsource.com
Iaai.com

ccaramel:

Hi, I can assist in sourcing auto parts, salvage cars, new and used cars and both oem and aftermarket part from the USA and Canada. I'm a licensed dealer with all the major auctions. I work with a team of shippers, towing, wrecker and clearing agents.

https://starkautosales.com/auctionlist.php?registration=Auction+List
Copart.com
Manheim.com
Adesa.ca
https://www.partsmonkey.com/en-CA/
Partsource.com
Iaai.com

Can you provide information on where to buy full contanier load of used toyota engines. Not dismantling of cars please. Thanks

sonnie10:


Can you provide information on where to buy full contanier load of used toyota engines. Not dismantling of cars please. Thanks

Japan is your best bet if you have a contact there. The engine sellers here in Canada all import from Japan. It's more expensive here. I've only done maximum 3 engines in a container as I load with vehicles. Most people just dismantle wrecked cars to get engines around here.

ccaramel:

Japan is your best bet if you have a contact there. The engine sellers here in Canada all import from Japan. It's more expensive here. I've only done maximum 3 engines in a container as I load with vehicles. Most people just dismantle wrecked cars to get engines around here.

You are the only truthful or knowledgeable person I have seen in this auto parts biz forum. Some people are just saying what they do not know.

sonnie10:


You are the only truthful or knowledgeable person I have seen in this auto parts biz forum. Some people are just saying what they do not know.

Thanks. Been in auto biz for a while and always glad to assist others.

How can i get intouch with you if i want to?

ccaramel:

Thanks. Been in auto biz for a while and always glad to assist others.

ccaramel:

Hi, I can assist in sourcing auto parts, salvage cars, new and used cars and both oem and aftermarket part from the USA and Canada. I'm a licensed dealer with all the major auctions. I work with a team of shippers, towing, wrecker and clearing agents.

https://starkautosales.com/auctionlist.php?registration=Auction+List
car-part.com
Copart.com
Manheim.com
Adesa.ca
https://www.partsmonkey.com/en-CA/
Partsource.com
Iaai.com

Good to know ccaramel.
But you mentioning japan obviously not for all brands exclusively toyota.

@ccaramel do you have anyone with ford dealership contact in USA,as I wish to establish a link with them soon.thanks

sthugo:


Good to know ccaramel.
But you mentioning japan obviously not for all brands exclusively toyota.

@ccaramel do you have anyone with ford dealership contact in USA,as I wish to establish a link with them soon.thanks

I can help with Canadian and USA Ford dealership. What states are you looking at? I have Adesa and Manheim auction access. Ford cars goes for good prices at the auctions. I drive a Ford Edge also importing a 2012 Ford Explorer XLT for a client this month....
Japan is great to export parts for all Japanese brands- Toyota, Honda, Nissan etc...it's cheaper there. I also read a while back that it's illegal to repair cars over there and cars are put off the road once it's 10 yr old or so.....so abundance of parts there.

upengineer:
How can i get intouch with you if i want to?

Send me a NL message. I will reply.

Bhai

ccaramel:


I can help with Canadian and USA Ford dealership. What states are you looking at? I have Adesa and Manheim auction access. Ford cars goes for good prices at the auctions. I drive a Ford Edge also importing a 2012 Ford Explorer XLT for a client this month....
Japan is great to export parts for all Japanese brands- Toyota, Honda, Nissan etc...it's cheaper there. I also read a while back that it's illegal to repair cars over there and cars are put off the road once it's 10 yr old or so.....so abundance of parts there.

Great..
Will message you once all plans are concluded,looking @ texas.though not fully on sales but aftersales.
nice one, ford edge got a fabulous interior,especially the recent models that got touch screen entertainment system with the phone and music sync functions..can yours start the engine using just the remote from outside

Once again thanks

Its still auto biz...what do you know in this lucrative quest means business.

Share it with us,gracias

Pchidexy:


Auto biz is quite lucrative. How do you buy online and which site do think one can buy from?

Bros u don't buy spare parts online, you other it directly from companies who manufacture it. Better still go Toyota limited own by Chief Ade-Ojo of Elizade motors

Aromas:

Bros u don't buy spare parts online, you other it directly from companies who manufacture it. Better still go Toyota limited own by Chief Ade-Ojo of Elizade motors

If its for re-sell buying from elizade is not a profitable option. Someone can order parts online,I have used motocraft.com its pretty swift.
Gracias

Hi, anyone in the house?

@sthugo, you did not really explain on buying this accidented cars from UAE, Dubai to be precise, do people even buy from there? I am asking because, what if one doesn't have enough money and visa to go to America and Canada, we all know how visa matter fit be, and being a new person in the business, you might be wary of sending all you capital, say 2m to someone over there. Can I do it from Dubai? Do you know the logistics of getting it from Dubai?

If I end up doing it from America, what can that amount get for me? Will it include clearing? How many cars can one buy and dismantle, and finally, how best do you think I can sell it off, seeing that I do not have a shop yet. Does the sale have to be in ladipo?

Sorry for so many questions, I am just trying to get in-depth knowledge into the business.

Thanks in advance
Thanks

corrall:
Hi, anyone in the house?

@sthugo, you did not really explain on buying this accidented cars from UAE, Dubai to be precise, do people even buy from there? I am asking because, what if one doesn't have enough money and visa to go to America and Canada, we all know how visa matter fit be, and being a new person in the business, you might be wary of sending all you capital, say 2m to someone over there. Can I do it from Dubai? Do you know the logistics of getting it from Dubai?

If I end up doing it from America, what can that amount get for me? Will it include clearing? How many cars can one buy and dismantle, and finally, how best do you think I can sell it off, seeing that I do not have a shop yet. Does the sale have to be in ladipo?

Sorry for so many questions, I am just trying to get in-depth knowledge into the business.

Thanks in advance
Thanks

Forget about doing used auto part from American especially since your capital is still small (#2M). That amount is not enough for the logistics alone. Please do not send your money to anybody to help buy as dismantling is very regulated. If you are interested, there are other sources of importing used parts that are highly in demand.