How to Start a Car Boot Business

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Everyone has things that they have outgrown or grown tired of, and selling these items at bargain prices from the back of your car can be a great way to line your wallet with extra cash. As the saying goes, "One man's trash is another man's treasure" and if you have a flair for closing sales, you may well turn a pretty penny in the car boot business.

Everyone has things that they have outgrown or grown tired of, and selling these items at bargain prices from the back of your car can be a great way to line your wallet with extra cash. As the saying goes, “One man’s trash is another man’s treasure” and if you have a flair for closing sales, you may well turn a pretty penny in the car boot business.

Gather together all the things you would like to sell. They could be in any condition; you never know who could find a use for your old belongings.

Find local car boot sales. Check with local bulletin boards, youth groups, churches and community centers.

Attend a car boot sale and set up your stall. You may need to pay a minor fee to reserve your space at the market.

Set your item prices slightly higher than you expect them to sell for. This gives you room for haggling, and also creates the opportunity of more profit if buyers settle for asking price.

Assess buyers’ reactions during your sale. If sales are consistently too easy, you may be pricing your items too low. Adjust prices periodically to test and enhance your valuation skills.

References

About the Author

Based in London, Jezen Thomas began penning articles early in 2009 to complement spontaneous jet setting as a professional musician. His articles have appeared in Sputnik Music and other online publications. He holds a bTec diploma in advanced popular music from Newcastle College and has embarked on several international tours with street theater productions and other musical acts since 2005.

Photo Credits

  • luxury car - model toy car image by alma_sacra from Fotolia.com