By putting in a little extra effort you can make a little more cash. What used car dealers and car salvage companies do is to farm used and salvaged cars for parts. It is normally repaired and sold for a profit, or your car will be dismantled and the good parts be used to spruce up other cars that have damaged or defective parts. So why not do the deed yourself and make a little more cash with a little effort. Get a mechanic to check the car for parts and get an estimate of the value of the parts based on the condition.
ri n In Canada, exports are “zero-rated” sales for G.S.T. purposes. This means that when you ship a product to someone outside Canada, you don’t charge G.S.T. Yet, you get to claim (or deduct from the G.S.T. collected by you) all the “input tax credits” (G.S.T. that you paid for business purposes) to make that export. The idea, I suppose, is to encourage exporting.
With recessionary times around, your local Auto Wrecking Yard has never been a better place to help you save hundreds of dollars on auto repairs. You can find numerous Auto salvage yards in your state to help you find the parts you need to fit your vehicle.
Keep the shaven area well moisturized between shaves by using a skin moisturizer or baby lotion. This will reduce the uncomfortable effect the stubble may cause between shaves.
Pretend that your Canadian customer has bought a book from you from your Canadian website. Your drop ship supplier is located in the United States and is registered for G.S.T. You fax your order to the American company, and they, in turn, ship the book for you (complete with Customs Declaration and their G.S.T.
Keep in mind that junkyards are similar to swap meets in that most prices are negotiable. This is especially true when you’re buying parts that are not in good condition. Ask for a discount or offer a lower price. junkyard will often agree just to move the inventory. That being said, you can expect to pay nearly half of the cost of a new part. For example, a water pump for a BMW 740i may cost $140 new. Expect to pay $70 (in cash) at the junkyard.
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Once you’ve found your car, figure out how you’re going to pay for it. Depending on where you go to get the car, you may need to use a specific method of payment. A site like eBay could allow you to pay with a credit card. However, a salvage yard may require payment in cash. Ask before you buy.
The packaging is most often a little dented or crinkled but the food is sealed and the price is certainly right. If you see a real deal, you need to take advantage of it. Since these are closeouts and one time purchases, you may not find that deal next time you drop in.
Every state and town has at least a salvage yard where useful parts of dilapidated vehicles are salvaged for re-use. Most of the parts would be non-functional. But even the most dilapidated vehicles have a usable part either on the inside or on the outside.
