Car boot sales can be a treasure trove of hidden gems and profitable goods. Once considered a place for people to dump their unwanted goods, car boot sales are fast becoming known as a reliable source for stock amongst the reseller community.
Car boot sales happen up and down the country and they are designed for people to attend, set up a store literally in their car boot and sell on some of their items. They are usually full of people moving home or doing a clear out so you can expect to find a variety of goods every time you attend one.
There will undoubtedly be car boot sales that yield less results than others. You might find yourself attending a car boot sale full of old pyjamas, second hand toys and old (and broken) gardening equipment. But every now and then you may find yourself attending a car boot sale that has antiques, valuable artwork and trendy consumer products in it.
Valuable products at a car boot sale aren’t just laid out for you to easily spot though – it usually takes a good bit of searching to find a product that could make some profit on resale.
Here are some tips on how to spot profitable products at a car boot sale.
If you have a car boot sale coming up try to do a bit of research before you go on what products can be valuable. A little bit of research on household goods and retro toys should give you a bit of information to go on. And this can certainly be valuable when trying to spot goods that could make a profit. If you get the product purchases right, you could even make a living out of buying products at a car boot sale and reselling them. At a car boot sale last year we saw one guy leave his pitch to go and look for products he could add to his stall. He came back a few minutes later with a Scalextric. When asked where he got it from he said he had bought it from a family a few rows up for £4. A few minutes later the Scalextric was on his stall and getting a bit of attention from passer bys. One chap stopped and inquired about the product and bought it – for £25! So for a bit of walking and a five minute break from his stall the reseller made a whopping £21 profit. He could only have done this by knowing the true value of a product like this – the family selling it obviously saw it as a bit of clutter but the reseller knew he could resell it for much more than the fee he bargained for it. This story proves that a bit of researching and knowing your products could definitely help you to make some healthy profits.
Don’t Stick to One Product
Some resellers are very specific about the types of products they want to resell. Some want to resell electronics and will only look for these type of products at a car boot sale. But the important thing to remember about a car boot sale is that there is going to be variety. People won’t just be selling electronics – there will usually be household items, toys, CDs, DVDs, books, clothing and other miscellaneous items. The best way to find bargain items at a car boot sale is to have an open mind. When you deal with a wholesale supplier your product inquiry is probably very specific – you’ll give a wholesale supplier the specific model you are interested in and they will reply with quotes on individual items (if they offer it) and job lots. Car boot sales work in a different way and you can’t expect to find the exact item you are looking for. If you have no product expectations and just go to a car boot sale for a look at general merchandise then you might be surprised at some of the deals you can find. When at a car boot sale, you’re most likely going to find products that you don’t specialise in but as long as you can spot an opportunity for profit on resale you should still be able to make some money – no matter the stock you are investing in.
Scope Out the Site
When you arrive at a car boot sale you’ll probably be faced with dozens of tables and products to look at and it can be a bit overwhelming. Your first instinct, especially if it’s busy, might be to rush around the site and purchase goods from the first stall you see. But the best way to find bargains is to scope out the entire car boot sale and pinpoint a few stalls that might be worth spending some time at.
Car boot sales are full of people that want to get rid of items so your scope for negotiating can be quite wide. As a rule you should try to avoid paying full price for an item – you can always knock the price down even if it’s only by a few pence, every saving counts. Once you spot an item you think could be profitable when reselling, ask the seller how much it’s being sold for. When negotiating start low – you might be surprised, they might accept your offer. But if they don’t you’ve got more room to negotiate pricing. Be resilient – people selling items can be strict on their product pricing and may resist your negotiations but it’s worth pursuing.
If you can’t secure a product for the price you want then there is no harm in leaving the stall and revisiting it at the end of the car boot sale. You’ll often find that in the final minutes of a car boot sale sellers are open to more negotiation as many don’t want to go home with their goods. So waiting until the end of a sale and bargaining could see you making some valuable purchases.
Watch below for some products that you could find at a car boot sale: