Description

This business dismantles vehicles that would otherwise be scrapped and retrieves good parts that can be used for repairs on other vehicles. An owner is the chief investor in the business and responsible for all aspects, including sales, production, expense control, and profits. The owner sets the company standard through his/her leadership and integrity. The owner provides a comfortable and safe working environment, maintains all necessary licenses and certifications, may hire managers to oversee various operations, and monitors business performance.

 

Personal Characteristics and Skills

Must be a leader. Must enjoy working with people, working around cars and trucks, and be comfortable with leadership responsibilities. Must be able to build relationships with customers, employees, and suppliers, including insurance companies. Good communication skills are essential. Must have self-confidence, enjoy learning, and pay close attention to detail.

 

Job Outlook

As insurers, repairers, and vehicle owners look for economical repairs, recycled parts are growing as a logical choice. Like other businesses, recycled part sales are subject to market conditions and technology advancements. As long as a good rate of return can be expected on this investment, a recycling parts business can be rewarding in many ways.

 

Pre-Employment Education and Experience

Math, reading, science, and business management skills are necessary to understand and manage all the operations necessary in a vehicle recycling operation. A high school education is required with post-secondary education essential for success. Industry experience is preferred. A good understanding of the vehicle repair and insurance processes are necessary to communicate effectively with customers.

 

Earnings

Dependent on sales, expenses, and debt, owners choose how to divide profits between personal income, debt retirement, and reinvestment. With a sizable investment at risk, there are possibilities of both losing money as well as realizing large profits.

 

Career Path

Experience in automotive repair would make an ideal candidate from the technical side, but the business can be learned by the right person with good business management skills. Successful businesses can expand into additional market areas.

 

Continuing Education

Standard post-secondary business education is available through local or on-line colleges. Specific automotive management education is available through the Automotive Management Institute (AMI) and can result in the Accredited Automotive Manager (AAM) designation.

 

 

see where this career fits within the repair process