Selling used tires can be a lucrative way to establish a secondary source of income. Place ads in local newspapers and pulp magazines, visit retread businesses and garages to sell tires. Evaluate the condition of the tires and be honest with potential buyers to generate profit.
There is a lot of money to be made selling used tires. Older tires can be used for a number of different purposes, including creating retreaded or retreaded tires that are affordable for people with limited incomes. The tires can also be used in other recycling projects. Securing used tires and selling them to the right customer can help pay part of the expense of buying new tires or become a lucrative way to establish a secondary source of income. If you find yourself with old tires on hand, here are some possible avenues you can take to sell the tires and make a little money.
Before you start trading your first used tire, assess the current state of the tires you have on hand. Is the tread slightly worn or are the tires more or less bare? A realistic look at the tires will help you prepare an honest description of the condition of the tires and also give you an idea of where you can sell them.
One of the easiest ways to start the process of selling used tires is to place an ad in the local newspaper. Using the description you wrote after evaluating the condition of the tires, create an ad to run in the newspaper for several days. Many newspapers will run the ad for free unless you are selling used tires as a business venture. Even if you plan to sell old tires on an ongoing basis, the newspaper will often have special rates for small business ads.
While you are considering print ads, consider placing an ad in local pulp magazines. Many communities have weekly publications that are primarily outlets for people to sell used items, including auto parts and accessories. As with the newspaper, the ad is likely to cost nothing if you want to make a one-time sale. If you plan to sell used tires on a regular basis, they will likely charge you a nominal fee for your advertising.
Along with selling used tires through print ads, visit local businesses that produce and sell retreaded and retreaded tires. They may be interested in purchasing your tires, especially if they are in the right condition to retread. Don’t expect to get an amount equal to the retail price they charge for retreads or recaps. However, it is reasonable to assume that they would offer you anywhere from twenty-five to fifty percent of that retail rate. Use that figure as a benchmark and trade from there.
One last option for selling used tires is to sign up with local garages that have good quality used tires. If there is still a lot of tread left on your tires, this may be a better option than selling them to a retread business. Visit garages and make sure they sell tires of a similar size. You can also get an idea of how much they charge for used tires that are the same quality as your tires. Use that data to negotiate the best possible sales price for your tires.
Offering used tires for sale, like any other money-making venture, requires a bit of research to receive the maximum amount of return. Explore all of your options closely and determine which sales avenues are most likely to generate profit. By evaluating all of your options and making sure that you are completely honest with potential buyers, there is a good chance that you will sell the tires in a short amount of time and for a decent amount.
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