That’s what I thought. Of course I’ve thought that about more than just parts. Me and my buddy have sold a few old vehicles that we loaded onto a transport straight back to the rust belt.
But I’ve (kinda) run the numbers and it doesn’t really work. As evidence, if it was that lucrative I feel there would be more of it happening.
Only way it even remotely penciled out for me is if I, say , lived part of the year back there and could actively market and sell the parts or vehicles. Or a really motivated buddy back east but then you’re splitting profit on something that isn’t really a gold mine.
This will really make your stomach turn. You’ve heard me say how low valued Burbs are and especially 2wd burbs. The guy I mentioned said he never flipped a good 2wd burb when he’d find one. Always parts only because the vehicle was not worth near as much as the parts.
He had a really nice C20 burb out front once. Same colors as our blue trucks and about the same shape as my 86 when I bought it.
Parts only….
That 4000 or more miles round trip, deadheading one way with a trailer costs some $ both in capital expense, mileage and fuel etc.
I have been finding car(s) for my family in WI for a while though.
Got my sis a 2010s F150 last year. She should have kept it but was able to flip it for a lot of $ and paid off some significant debt.
Just found this for her husband. He flew out drive it back. Cost him about $500 on top of the $2k for the car.
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In WI, the only parts left to a daily driver of this vintage are the plastic and aluminum pieces….and the tires!
Looking at a 25 year old SUV for sis currently. She’s blown through 2 local rust bucket POSs since the F 150 last year.
I see the “no rust” vehicles for sale back there that made their way to the rust belt recently after living a better life somewhere else. They fetch more $ for sure but in general it’s not a whole lot more than the cost of shipping.
Part of it is, for daily clunkers anyways, if someone is limited financially to “cheap” cars, those same people don’t necessarily have an extra few grand laying around to spend. And same folks aren’t generally going to be super resourceful like I’m doing for my family. They wouldn’t even know where to start or understand the actual difference because that’s all they know and they aren’t traveling 5 states away for, well, anything.
Back to classics, yes the expensive classics, those folks know where to find them. No one is spending 6 months replacing rusted out parts on a desirable Chevelle that got drove in MSP for 10 years and finished rotting in a cow pasture. they find one from a nicer place.
But the guy who has “$5k” to find a squarebody to “restore” is less likely to pay double and if he did, the roi doesn’t seem to be there.