Hey all,

I’m thinking about getting into the business of buying scrap cars for cash and wanted to know if anyone here has experience with it. I’m curious about how to get started and what I should watch out for. Here’s what I’m considering:

1. Market Research – Understanding local demand for scrap metal or car parts is key.
2. Licensing and Permits – Do I need any specific permits to legally buy and sell scrap cars?
3. Car Valuation – How do you accurately assess the value of a scrap car? I know the condition of certain parts (like the engine or transmission) matters a lot.
4. Finding Sellers – What’s the best way to find people looking to sell their junk cars? Online ads? Word of mouth?

Any advice on the process or pitfalls to avoid would be greatly appreciated! If you’re already in this business, how has it been for you?