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TopicHow can I turn the $2k I have in the bank into $100k as fast as possible?
Arcanine2009
01/03/21 6:18:18 AM
#28:


Norman_Smiley posted...
Start scrapping a type of car. It should be one at least 20 years old but still popular. Older Toyota SUVs and trucks are great, as even the frame left over at the end has value beyond just recycle value. I've got a friend that scraps out 3rd gen 4runners and 1st gen Tacoma's. He buys ones that are totaled or engine / trans blew up and owner doesn't want to repair it. Average purchase is $1k-3k a piece. Scrapped out each rig is $6-12k. Normally takes him 1 month to recoup the cost, but 3-4 years on average to sell the entire vehicle. He's got 20 acres and a giant shop full of parts.
what's scrapping a car? first time I heard that?

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