Potential market for enormous quantity of car parts?

Potential market for enormous quantity of car parts?

Author
Discussion

kevinlas050

Original Poster:

5 posts

13 months

Monday 16th October 2023
quotequote all
Hi there,

Where would a company, that have enormous quantity of brand new aftermarket car parts for European cars made from 1985 to 2005 year on stock and want to clear at once, find a buyer? The parts are for the most common european cars - vw, audi, mercedes, bmw also the french cars - peogeot, citroen and so on.

Do you have any ideas?

Thank you.

blue_haddock

3,868 posts

74 months

Monday 16th October 2023
quotequote all
Advert on ebay for a job lot?

Probably wont sell on there but would be a great way of getting interest.

kevinlas050

Original Poster:

5 posts

13 months

Monday 16th October 2023
quotequote all
Good idea, however I do not think it will be possible to post there since the parts are worth more than 1mil EUR purchase price.

jonsp

951 posts

163 months

Monday 16th October 2023
quotequote all
Wouldn't this company make significantly more money selling the parts off in smaller quantities on Ebay or other - one part to a guy who needs one part or all the Merc parts to a Merc garage, all the BMW parts to a BMW garage etc?

Obviously a lot more time but maybe worth it. Unless there's some reason the company needs to shift them quick?

981Boxess

11,530 posts

265 months

Monday 16th October 2023
quotequote all
No idea how much and what type of stock you are talking about, but there is stock and then there is stock. If you are hoping to get shot of the lot in one go you will get peanuts for it.

Cherry pick and eBay the cream, dump the rest would be my advice.

Tye Green

793 posts

116 months

Monday 16th October 2023
quotequote all
strange first post?

any organisation with such stock would surely know potential avenues for its sale

Hoofy

77,494 posts

289 months

Monday 16th October 2023
quotequote all
Don't you just put "Collection only"?

kevinlas050

Original Poster:

5 posts

13 months

Monday 16th October 2023
quotequote all
It is just that the parts are for cars that are almost not driven anymore - a little bit old - from 1985 to 2005. And the company is ready to sell them at a very discounted price - the only condition is to sell at once.

blue_haddock

3,868 posts

74 months

Monday 16th October 2023
quotequote all
jonsp said:
Wouldn't this company make significantly more money selling the parts off in smaller quantities on Ebay or other - one part to a guy who needs one part or all the Merc parts to a Merc garage, all the BMW parts to a BMW garage etc?

Obviously a lot more time but maybe worth it. Unless there's some reason the company needs to shift them quick?
A company i previously worked for sold car parts and we would occasionally buy job lots, trying to sell parts off individually is a lot of work. Even just checking them and putting them onto some kind of database is a huge undertaking which if there is over a million pounds worth of stock coud be a considerable amount of work.

It will also depend if its what could be classed as obsolete stock or more modern up to date stuff.

jonsp

951 posts

163 months

Monday 16th October 2023
quotequote all
Tye Green said:
strange first post?

any organisation with such stock would surely know potential avenues for its sale
You would think.

But then the obvious question might be how were these parts acquired in the first place by some company who doesn't know how to sell them and needs to shift them on quick?

kevinlas050

Original Poster:

5 posts

13 months

Monday 16th October 2023
quotequote all
Just the company is going out of business, and want to clear all the goods.

981Boxess

11,530 posts

265 months

Monday 16th October 2023
quotequote all
kevinlas050 said:
Just the company is going out of business, and want to clear all the goods.
If that stock was worth having they probably would not be going out of business.

kevinlas050

Original Poster:

5 posts

13 months

Monday 16th October 2023
quotequote all
Alright, thank you for the suggestions.

Chipstick

335 posts

47 months

MBVitoria

2,505 posts

230 months

Monday 16th October 2023
quotequote all
When you say "going out of business" bear in mind that if it is due to insolvency, the liquidators will normally take on the task of disposing of stock.

If it is retirement or just a decision to stop trading then yes that is different. A cursory google reveals a few firms that deal in classic euro parts so they would be your first stop.

Maybe some marque specialists would be interested, but you'd had to split the lot.

Perhaps you can share some more information about the background and your standing in this?


Chipstick

335 posts

47 months

Monday 16th October 2023
quotequote all
981Boxess said:
If that stock was worth having they probably would not be going out of business.
Must admit whenever I usually see large lots of older car parts being sold off, it's more often than not a case of the cream having been taken off the top and the remnants are what simply was no longer selling.

V8 Bob

286 posts

132 months

Monday 16th October 2023
quotequote all
Sort by manufacturer then approach owners clubs and specialist suppliers for each manufacturer. Owners clubs will readily advise of who to contact to help their members keep the cars on the road.

981Boxess

11,530 posts

265 months

Monday 16th October 2023
quotequote all
V8 Bob said:
Sort by manufacturer then approach owners clubs and specialist suppliers for each manufacturer. Owners clubs will readily advise of who to contact to help their members keep the cars on the road.
Having bought the contents of several motor factors back in the day you have no idea how much work you are talking about.

jonsp

951 posts

163 months

Monday 16th October 2023
quotequote all
981Boxess said:
Having bought the contents of several motor factors back in the day you have no idea how much work you are talking about.
Makes sense - and clearly the OP doesn't want to do this.

Assume €100 per part we're looking at ~10k units. Nobody has that much stock without cataloguing it in a database so assume that's done. But also assume there isn't a photo of each part - just part number/description etc. Obviously it's not viable to photograph each part now, just describe them as brand new/boxed.

How about using the ebay api to quickly create listings for each part and see what bites he gets? If you have a market of the whole world you only need 1 guy who's desperate for part number xxxx

Truckosaurus

12,047 posts

291 months

Monday 16th October 2023
quotequote all
I suspect the only buyer would be someone with the space to store everything cheaply and have a side hustle listing it on eBay a few items a day, and wait for it to trickle out the door.

To be worth the effort you'd have to buy the stock for next to nothing.

Unless you knew for certain you'd have to assume the parts were for cars that are pretty much extinct so you'd be unlikely to ever sell much of it - which is why it has been gathering dust on the shelves of the current business.