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Making Money by Recycling Used Tires
It surely doesn't sound like a common way to make money, now doesn't? Believe it or not, it’s true, you can actually start a used tires recycling business, should you be in need of extra money. And just like any other business, you don’t need to pay too high prices, all it takes is a 100$ or less investment and you too can become one of those people who make money using more uncommon, but profitable ways.
If you already own your own car and had the chance to change your tires, you probably noticed that you were charged a few dollars per changed tire. Have you ever asked yourself why? Well, all those used tires are being sent to tire recycling facilities and the price per changed tire covers the delivering costs, so the shop or the mechanic won’t have to pay for that themselves.
So, how exactly does one make money from recycling used tires? You first have to understand the importance of tire recycling facilities and you must know how it actually works. Mechanics or auto shops gather all the tires and deposit them until the recycling company is ready to come and pick them up, usually when a batch of about 100 tires is ready. This is profitable for both sides, as the shops won’t have to pay for gas themselves to take the tires to the company, and the company earns tires to recycle.
However, there is a downside about this. If we’re talking about tire storage, you must know that this might actually take a while and, furthermore, certain states have clear and strict rules regarding this. As an example, old tires cannot be stored in open air spaces, as if they are rained, they can start attracting mosquitoes.
How do YOU make money out of this entire business?
The answer is simple, based on what we have just told you. Many auto shops simply don’t have enough indoor storage space where they can keep the used tires and nobody would want to pay fees to rent storage spaces and so on, especially not small business owners, such as mechanics and small auto shops. Which is why they would rather get rid of those tires as soon as possible and this is where you come in! A mechanic or auto shop can hire you to pick the tires from the shop and deliver them to the recycling companies.
How much can you earn?
You can actually get paid per delivered tire. Imagine that the auto shop or the mechanic calls you to pick up 100 tires at one time, for 3$ per tire. That means you will earn 300 dollars just by doing the small effort of picking up all those tires and delivering them to the recycling facility! That doesn't sound so bad, now does it? And even with the small fee the company might charge you, you will still be left with a couple hundreds of dollars.
What if you can’t deliver them yourself?
Not everyone has a car large enough to store 100 tires at once and there is a high chance you might actually be one of them. So, what do you do in this case? Well, believe it or not, there are many recycling companies who will pick up the tries for free, should they come in batches of, let’s say, 100. All you have to do is keep storing those tires in a dry, covered place and call the company to pick them up whenever you have a batch ready. That’s right, you will be storing the tires for the mechanic or the auto shop!
Do I need to register a business?
In most states, yes, you will have to do this, because anyone could just get rid of all those tires in the most inappropriate way. And you wouldn’t want to get in trouble in any way, should something happen, which is why it is recommended that you register your business. This will cost you a registering fee, but it will certainly be worth it in the long run.
Finding a recycling facility
We kept mentioning the recycling facilities you will be taking the tires to, but we haven’t mentioned yet how to find them. If you’re planning on delivering the tires yourself, you must find a facility that’s as close to you as possible, in order to save time, money and, of course, gas. Simply go to 1800Recycling.com and find that one facility close to you.
A business in tire recycling pays off, but it’s not for everyone, as it requires quite the little labor. However, if you are willing to work, feel free to give it a try. You can find more information about recycling rules and regulations and about starting a tire recycling business at EPA.gov.