Want to see the inside of a Copart yard? There's a guy I follow on YouTube who buys and repairs cars purchased at Copart and then sells them. He does three 'walk arounds' each week and comments on the cars he finds.
What's interesting is that he ends up making very little on his repaired cars. But he's so fascinating as he repairs them in his suburban driveway that he's making $250,000 a year off YouTube. Talk about failing upward! The key is that he manages to be very entertaining doing it.
Part-out a car. The numbers actually looked pretty good. Not for the hours, but I would learn about every part of a car, outside-in while making money.
I think there’s a sweetspot for parting out though: probably 5 year old cars because they are worth repairing. May 6-8 year old cars for more luxury models.
https://www.youtube.com/watch?v=HGGsYirSZhw
What's interesting is that he ends up making very little on his repaired cars. But he's so fascinating as he repairs them in his suburban driveway that he's making $250,000 a year off YouTube. Talk about failing upward! The key is that he manages to be very entertaining doing it.