Did you know you can make money reselling appliance parts? Appliances are a great item to add to your reselling business because they are high-profit and they are everywhere. People are always getting rid of appliances for cheap or even free.
If you are handy with tools and like to figure out how things work, you might be interested in learning how to tear down appliances to make more profit by parting them out. Some resellers find success by reselling appliance parts.
Do Your Research
If you don’t know how an item works, it’s important to do your research. Before you decide to take apart an appliance, test it to see if it works as is. If it’s in good working order, head to eBay and look at comps to see what you might get if you sold the appliance as one unit. If the profit is there, you might decide to sell the unit as is. During your testing, you should also try to figure out which parts work and which ones do not.
Look up the comps of the different parts of the item. You will need to know the brand and model numbers of the items, so you may have to search Google first to get a copy of a product guide that lists the item or part numbers. This process can take time if you’re trying to do it for multiple pieces.
Once you’ve compared the two price options, you can make your decision on how you want to sell the item. Of course, if the item isn’t in working condition then you can go directly to selling parts. You want to maximize your profit and reduce the amount of time you have to spend working on the item itself, so sometimes it may be better to sell the item as one unit. You might also have to pay disposal fees for the parts you aren’t selling.
There are lots of things to consider when deciding to part out an appliance.
What Parts Of An Appliance Can Be Sold?
As you’re taking the appliance apart, it’s important to keep track of all the parts because you don’t know what something is worth until you look it up.
For example if you were selling a top-lid washing machine, you could sell the timer for $50-$60, a pressure sensor for between $5-$25, and a motor for between $45-$80 depending on brand. With all of the parts, brand and condition matter, so that will impact your sale.
If you get a glass cooktop but it’s cracked, you might be able to sell the knobs. Crisper drawers and ice machines can also be good money if you’re willing to take the whole component out.
Shipping Is Easier
When you’re selling appliance parts, it can be easier to deal with shipping than it would be if you sold the appliance as one item. Small washers and knobs easily fit in poly mailers, while motors can often fit in a larger box and still go via FedEx or UPS. If freight shipping isn’t something you want to learn, then shipping appliance parts might be the easier way for you to make profit off of a free appliance.
Learn About Brands
If you’re interested in reselling appliance parts, learn what brands make you the most money so you can streamline your process and source those brands.
When looking at a Samsung stove, just the burners could sell for $200 and that doesn’t include the board. Some brands can be a gold mine. Spend some time learning about brands before you invest too much money into your inventory.
Try It!
Look for a free appliance on Facebook Marketplace, OfferUp, or Craigslist. Check your neighborhood on trash day and see if there are any appliances on the curb. Once you’ve found a free appliance, go through the process of testing it, researching it and taking it apart. If you make a sale on some parts, you could look for another free item and sell that. Little by little, you’ll build your knowledge for reselling appliance parts.
Are you ready to make $100 this week? Download our free PDF or check out our appliance flipping course.
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