Wanted to share some comments I received while asking questions on a entrepreneurial forum about starting/buying an auto scrap yard. To listen to these guys its a wonder any of us make money?!



Scrappers and junkers will eat your lunch, kid. They have the permits and zoning that you don't have today. They had the financing years ago that you don't even have today.

They know what everything they hold is worth, too.

You are a fresh little goldfish thinking that you can jump into a shark tank filled with everything from piranhas to Great Whites.
I really do not understand how you figure to beat people at their own game who have a lot of experience?
look out for an EPA nightmare.............
Nobody in the scrap car business would ever sell their lot for less than the current scrap value + land.

Its what they do for a living, literally. That's like saying a jeweler wouldn't know what gold was selling for, or what he could liquidate it for.