Starting a business can be an opportunity to earn money on your own terms. If you’re an avid petrolhead, a startup idea involving cars could be a rewarding venture. What are some great auto-related businesses to consider? This post explores 7 potential business routes that could be worth steering towards.
Want to make money driving luxurious vehicles? Starting a chauffeur business could be the way to do it. Chauffeurs are professional drivers who are hired to escort people to weddings and special events. In most cases, a chauffeur supplies the vehicle. This could be a classic car, a limousine or a sports car - something special that people will want to be driven around in. It’s a great excuse to not just own a luxury vehicle, but to make money out of this vehicle. Of course, you’ll need to maintain this vehicle in good condition and be able to cover all the associated costs.
Car detailing involves cleaning and restoring vehicles. This includes not just washing the exterior, but applying products like wax and varnish, as well as cleaning the interior. If you enjoy cleaning and caring for your own car, then you’ll likely get a lot out of this business venture. To start this business, you’ll first need to find a location to operate from. You’ll then need to stock up auto detailing supplies. Taking an auto detailing course could be worthwhile for teaching you how to use a variety of different products.
If you have experience repairing vehicles, you might have considered starting your own car repair business. However, this business does come with some large overheads - the biggest being the cost of renting out a location to do business from. By launching a business as a mobile mechanic, you don’t necessarily need a physical location to work from. Instead, you can meet clients at their home and take necessary tools around with you. It’s recommended that you do invest in a van when starting this business. You’ll also still need to invest in all the necessary tools. Specializing in a certain area of car repair such as tires or windscreens could limit the amount of tools you need to buy.
Car restoration is a fun hobby for many auto enthusiasts - however it can also be a career. By starting your own car restoration business, you can help restore vintage and classic vehicles owned by other people. You will need somewhere to operate from and you will need to be prepared to do a lot of marketing to attract clients. Some vehicle restoration companies choose to specialize in certain types of vehicles and become an expert in their field.
Vinyl wrapping involves covering a vehicle with a thin vinyl layer. This can be used to change the color of a vehicle, add branding or protect the surface without making any permanent modifications to the bodywork. Vinyl wrapping has become very popular in recent years and therefore could be a great business to get into. This job is ideal for those who love cars and have graphic design skills. It’s recommended that you take a vinyl wrap course that will teach you how to design, manufacture and apply vinyl wraps.
An obvious business idea for car lovers is to start a car dealership. However, this typically requires a large upfront investment. Starting a car rental business allows you to start off small with one or two vehicles and generate a more consistent income by renting vehicles out - either short-term or long-term. As you make more money, you can grow your fleet and potentially branch out into car sales. You’ll need somewhere to store these vehicles and you’ll need to make sure they’re kept in good condition. It’s up to you as to which vehicles you buy to rent out - they could be luxury vehicles or everyday vehicles.
It’s also possible to start a business selling car parts. This could involve setting up an online store and buying directly from scrap yards or aftermarket parts manufacturers. If you have a good knowledge of car parts, this could be a great business to get into. Just consider the fact that you will need space to store all of these parts. You’ll also need to set up a website and find reliable couriers to use to make sure your parts reach customers without any hitches.
This is just a small selection of auto-related business ideas to help inspire you. By thinking outside of the box, you may even be able to find unexplored niches. Think about what personally drives you, do your homework and be prepared to invest in tools and marketing. Do all this and your business should be a success.