Question:
Hello everyone I live in Ontario Canada and I wanted to get something started with my life and I was thinking about starting a business selling car parts. I was thinking about getting them from japan for a cheap price and selling them here for a low price, this is all completely new to me and I just got the idea from my father and was wondering if I would need to have existing contacts in japan or if u can gain them through the internet or from another source.
Can you sell just a Title of a vehicle if is gone.?
Another question would be about the financial aspect of this. I have bad credit right now and close to bankrupct so it would not be possible for me to get a bank loan, what other options do I have? Also how much would i need aproximatly to start a new business like this one. Not a huge shop just small enough to run something.
If anyone can help me out with tips, info, web sites, or anything else would be greatly appreciated.
Tips on getting the best value when trading in vehicle?
Thanks again
Answers:
You didn't say if you were talking used or new car parts. If you are thinking of running a used parts / salvage yard, you can begin by buying salvage at salvage auctions. Look for some in major cities. Bid on the vehicles and then let repair shops and retail customers know what you have. Start out with one type of vehicle (ie pick up trucks or foreign cars) and move on from there.
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