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Why buy the whole car?

Fab Bundle auction for used parts
Buying the parts ready removed can save a lot of time and hassle!
We are conditioned as vehicle dismantlers to buy cars, whole cars, but why? After what I found out last month, I am questioning whether there may be a better way.

What I mean is this. You buy a car to dismantle, you need all the depollution kit, you need a licenced site, you must have technically competent staff... the list and expense goes on and on. And you are doing all this just so you can sell the parts. OK, you may handle salvage and you may also be a scrap processor, but if your business is primarily selling parts, then why not simply buy the parts you want in bulk and sell them on at a profit - no licence issues, you only need storage so space is minimised and you only need to buy what you want.

This idea came to me after being shown how FAB Bundle operates. We brought you news last month about FAB Bundle, the first online auction for buying and selling trade green parts in bulk. With the first cars now up on the site and auctions at the ready, I thought a little more explanation might be in order.

The FAB Bundle idea is that cars are offered for sale as parts in bundles. From a dismantlers perspective, he can strip the complete car into bundles and then sell them on the site as lots. The aim is to sell to those wanting groups of parts for either resale or repair. The auction will find its own price for these bundles which, as FAB Bundle becomes established will create a trade or wholesale price for the parts. There is also a dismantling charge built into the auction to cover the cost of parts removal that is added to the winning bid.

From the sellers standpoint, a complete vehicle can be dismantled and sold in a short time frame so you don’t hold on to cars, but what’s intriguing me is the buyers potential. You know what sells so you can just focus on those bundles you want. Also, say you want to get into a different make but haven’t the capacity to dismantle any more cars. Getting a bigger site may be an option but in the short term you can test the water very effectively by bidding on those particular vehicles and building up a stock. Maybe you have a repairable vehicle, then you buy the bundles of parts covering the damage. I can think of a lot of ways that this system can help develop our markets and being an auction, prices should find themselves a level that makes the parts worth buying Otherwise nobody will bother.

If you haven’t taken a look at FAB Bundle yet then it is worth finding out a bit more - take a look here. The site lets you search for vehicles and bundles that are of interest and when the auction is on, the system for bidding is simple and straight forward, but don’t forget there is the dismantling charge to add on top.

The 12 bundles that vehicles are be split into are:
Front Parts Bonnet, Wings, plastic arch linings, front bumper, front panel, front grille, headlights, indicators, radiator, air con radiator (if fitted), intercooler (if fitted), electric fan and cowls, (welded on wings and panels will not be removed) - dismantling cost: £25.00
Rear Parts Tailgate, boot lid, rear bumper, rear lights, rear spoiler. Pick up – Rear body (if detachable) rear canopy (if detachable) Van – Rear doors - dismantling cost: £25.00
Doors OSF Door, NSF Door, OSR Door, NSR Door, door mirrors Van – Side loading doors (No interior door panels on any of the above, No rear van doors) - dismantling cost: £25.00
Suspension Front Front suspension, front drive train, steering rack (if fitted) - dismantling cost: £25.00
Suspension Rear Rear suspension, rear drive train - dismantling cost: £25.00
Mechanical Engine complete with engine ECU/Keys (if fitted/available), gearbox (if fitted) catalytic converter/particulate filter (if part of manifold) - dismantling cost: £40.00
Wheels Wheels and any spare - dismantling cost: £10.00
Roof Convertible hood, (if fitted) Sunroof (if fitted), hood motors, sunroof motor, roof bars (if fitted) - dismantling cost: £25.00
InteriorFront seats, rear seats, interior door panels, console - dismantling cost: £25.00
Electrical Sat Nav, stereo, DVD, Amps and body control boxes, clock set, heater controls, CD changer (if fitted) - dismantling cost: £25.00
Dashboard Dashboard, glove box, Steering Wheel - dismantling cost: £25.00
Miscellaneous Roof Rack, roof rails, side skirts and side steps (if fitted) - dismantling cost: £25.00
Bike Complete StripEngine complete, rear suspension, front suspension, wheels, tank, seat, fairings, clock, lights, handle bars etc., EVERYTHING EXCEPT THE FRAME is included (oils will be drained from engine/gearbox if fitted) - dismantling cost: £125.00

November 2013

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