If you have a few old tires to spare, don't throw them away; turn them into considerable profits. There are a number of ways you can get extra money for a bunch of tires that are still in good condition. The simplest option is to take them to a specialist used tire resale store. You can also sell them online on an e-commerce website like Ebay. If you work in a dealership or auto parts store, you will sell more by stocking a wide variety of products, learn about their specifications, and offer a competitive price.
Method 1 of 3: Take used tires to a retread shop
Step 1. Find a local tire retreading store
Do a quick internet search for stores in the area. These establishments generate income by repairing and reselling used tires, which means they are the types of buyers you are looking for.
In addition to looking for retread stores near you, read the reviews to see the type of experience consumers had doing business with those stores
Step 2. Compare the offers to get a better price
Do not offer tires to the first name on the list. Call several stores and ask them how much they can afford per tire. By comparing options, you will maximize the amount you will win.
- Often times, standard passenger tires cost between $ 1 to $ 1,50 a piece, while large truck tires can cost up to $ 40 per casing.
- If the store doesn't offer a specific amount, try haggling a bit and let the seller understand that another store offered you more.
Step 3. Ask for details about the consignment process
Find out how many tires the store can buy per transaction and if they have any age or mileage restrictions on inventory. You can avoid many problems if you make sure that the conditions of the purchase are clear from the beginning.
- Some stores may only accept pre-owned tires or tires with a minimal amount of wear and tear.
- If you have a lot of tires in stock (usually more than 100), the retreader may send someone to pick them up and save you a separate trip.
Step 4. Establish a good relationship with the tire buyer
Once you've made a successful sale for the first time, consider going back to the same store for future business. They might be willing to give you a special rate if you are a dedicated salesperson or at least you will know that there will always be a place to take the tires you don't need.
Tires tend to be in greatest demand in the late summer and early fall, when retreaders begin to prepare for dangerous road conditions in the winter months
Method 2 of 3: Post Tires Online
Step 1. Do a search for the tires you will sell before posting them
A quick search for the tire make and model will give you more detail on what potential buyers want to know. You can also scan the tire identification number which will reveal its age, size and place of manufacture.
- You can find the identification numbers on the sidewall of the tire next to the edge. Most of these begin with the letters "DOT" followed by a series of numbers and letters.
- Doing this search will help you avoid listing tires that have been recalled for safety reasons.
Step 2. Take clear, good quality photos of the tire
Take multiple photos from multiple angles of the lateral and vertical sides and a close-up of the tread. Detailed images will give bidders a better idea of the condition of the tires. Also don't forget to show any cracks, dents or wear.
- Use a good camera such as a state-of-the-art smartphone or camera to photograph the tire collection. Otherwise, photos may be blurry or pixelated.
- The more photos you upload, the more security the customer will have when buying.
Step 3. Evaluate the condition of the tires
Those sold by e-commerce pages generally belong to one or more categories. Ebay, for example, groups ads into new, retreaded, used, and damaged tires. In order for the ad to be as accurate as possible, you will first need to examine the tires more closely and thoroughly to determine their condition.
- The new tires are in the same factory condition and have not been used.
- The retreaded tires had their treads replaced in a professional manner. These are significantly cheaper than new tires.
- Used tires have some mileage, but not enough to cause significant wear and tear. To be accepted, they must have at least 5/30 inches (0.40 cm) remaining from the original tread.
- Damaged tires are those with holes, cracks, patches, and other imperfections. These are usually inoperative and may require certain repairs before being used. Even the most worn tires should have 4/30 inch (0.30 cm) of the original tread intact.
Step 4. Provide a detailed description of the product
Specify the brand in the ad title along with the model and exact dimensions such as the thickness and diameter of the hoop. You should also include this information in the full description to make it easier for buyers to read. After that, briefly describe the general condition of the tire so potential buyers know what to buy.
- Websites like Ebay provide sellers with a form that tells them to place each of the tire's features individually.
- The ad you are going to post should look like this:”Firestone FR740 High Performance All Season Tires - Full Set (4 Tires), Like New”.
Step 5. Sell the tires at a competitive price
Generally, it is best to find the price of the same model from the other sellers and keep the sale price below that amount. Resist the temptation to sell them at a high price, especially if they are used tires. A low price, an honest and detailed description, and multiple high-quality photos will make your listing more attractive to bidders looking for the best deals available.
A complete set of Uniroyal touring tires could cost $ 240-280, or roughly $ 60-70 per tire
Step 6. Consider the cost of shipping
Car tires are big, heavy, and cost too much per shipment. This data must be reflected in the sale price. You should be willing to adjust the amount of the listing if necessary to make the transaction more convenient for potential buyers. Otherwise, they may find the added expense not worth it and decide to shop elsewhere.
- If you charge a premium for shipping in addition to an already high price, the tires will end up being excessively expensive.
- Shoppers on websites like Craigslist tend to buy items that are sold in the same area where they live. In these cases, you can make things easier by offering short-distance tire shipments or arranging with the buyer to come and collect them.
Method 3 of 3: Sell New Tires at a Dealership or Auto Parts Store
Step 1. Stock a variety of different brands
Make sure the store has a wide selection of tires. People feel more empowered to buy when you give them multiple options. If you don't have the most popular models, there is nothing stopping potential buyers from buying elsewhere.
- Add a few notable industry leaders to your supplier list, including companies like Bridgestone, Goodyear, and Michelin.
- It is also a good idea to classify tires by brand, from Standard to Deluxe. This will allow you to attract clients with different needs and budgets.
Step 2. Display the tires with the naked eye
A customer who passes by will probably not even know that you sell tires if they are hidden in a back corner of the store. Set up the display near the main entrance of the store so that it is visible to people entering and leaving the store. You never know if a person in need of a new set of tires will stop by the store.
Make sure the inventory is seen through the store or dealership window to get the attention of people on the street
Step 3. Study the main characteristics of the most popular products
Take some time to learn the important details like sizes, pressure specifications, average wear life, and the function of the different patterns of each tread. That way, you'll give more informed recommendations to customers who aren't sure what type of tire they need.
If you want a customer to upgrade their old tires for more expensive ones, be sure to tell them what additional benefits they will get from the price increase. Many buyers have a feeling that a product is being oversold
Step 4. Publicize competitive prices and discounts
Find out what competitors charge for the same models and offer a similar or lower price. Tires are expensive purchases for most people, so anything you can do to keep prices affordable will be in the best interest of the business as well as the customer. Special price discounts and rebates for the purchase of some tire models from time to time are effective ways to persuade customers.
- Advertise deals in print, on the radio and on the web to reach as many drivers as possible.
- If you sell the tires at a slightly lower price, you can sell more products and make a long-term profit.
- Gas stations and small car garages are good places to find discarded tire covers.
- In addition to Ebay, there are other websites for users to create ads for old tires without use and without having to deal with a third-party supplier.
- Do not drop any tire simply because it is damaged. Some people buy tires for something other than driving, such as removing scrap materials for craft or decorative projects.