Flipping Wheels on the Side to Fund Truck Mods and Performance Upgrades
The Side Hustle of Flipping Wheels
In the world of custom trucks and vehicles, having the right parts can make all the difference. For many enthusiasts, the dream is to transform their ride into a high-performance vehicle. However, go-fast modifications and parts don't come cheap. This leads many truck owners to find creative ways to fund their projects. One side hustle that has become popular is flipping wheels and tires. Here's an inside look at how wheel flipping works and how it can generate income for your next truck build.
The Market for Custom Wheels
There is strong demand for aftermarket wheels, especially with the lifted truck crowd. Brand names like Fuel, XD, and American Force carry serious weight (and price tags) in truck communities. For example, a set of four 20-inch Fuel Vapors can cost $3,000 or more. Yet because the right wheels are viewed as essential, buyers are willing to pay top dollar to get just the right look.
At the same time, many truck enthusiasts change up their wheel and tire combo regularly. Tastes evolve, new styles emerge, and what was hot last year may not be en vogue anymore. This creates ample opportunity for wheel flippers to capitalize on the demand for the next hot set of rims.
Finding Deals on Wheels
Sourcing is one of the most critical steps in successfully flipping wheels. This involves monitoring forums, Facebook groups, Craigslist, and sites like eBay for sellers offloading used sets. Excellent deals can sometimes be found from owners who are swapping wheels or getting out of the custom truck scene altogether.
It helps to understand wheel styles and know what brands or models are likely to have strong resale value. For instance, certain sizes, finishes, backspacing, and bolt patterns are more desirable. Factory wheels taken off brand new trucks are also easy to flip quickly. And it never hurts to build connections with sellers so you can get first dibs on their take-offs.
Keys to Flipping Success
Once you secure wheels at a good price, the next step is prepping them for resale. First, a thorough cleaning is essential. A set that looks brand new will command much higher prices. Second, inspections and repairs should be done. One problem like curb rash or a cracked barrel can kill profit potential. Any necessary refinishing should also be completed.
Excellent photos are absolutely vital when listing wheels for sale online. You want crisp, clear shots of the wheels from multiple angles so buyers can fully inspect condition. Write detailed descriptions that call out specs, dimensions, and any special features. And price wheels based on factors like brand, size, finish and current market rates.
Finding Buyers for Flipped Wheels
The go-to platform for moving wheels is Facebook Marketplace, where thriving enthusiast communities exist. Facebook groups for lifted trucks, custom wheel/tire set-ups, and classified ads are also great outlets. Craigslist remains popular for local sales. And eBay offers a nationwide audience if you want to ship wheels.
When listing wheels for sale, using targeted hashtags like #fuewheels, #americanforce, and #xdwheels helps attract interested buyers already searching for those brands. Effective titles highlight details like size, finish, and backspacing that will catch the eyes of lookers. Being responsive and providing plenty of photos gives buyers confidence to pull the trigger.
Cashing in on the Hustle
The profit margin on a set of flipped wheels can vary quite a bit. Factors like purchase price, reconditioning costs, wheel brand, and demand for certain styles will impact what you can expect to earn. Typical per wheel profit can range from $50-250 with the right deal. But with practice, an experienced wheel flipper can often clear $1,000 or more on a set of 4.
While not a get-rich quick scheme by any means, wheel flipping provides a legitimate way for regular guys and gals to generate extra money for their custom truck projects. With the right hustle and skill, hundreds to thousands in profits can be made monthly. Just as important, it feels great to take something old and neglected and give it new life again.
FAQs
Where can I find good deals on wheels to flip?
Check forums, Facebook groups, Craigslist, and eBay for owners selling take-off wheels. You can also connect with sellers directly to get first pick of their used wheels.
What truck wheel brands have the best resale value?
Fuel, XD, American Force, Hostile, and Forgiato hold value well. Factory OEM wheels also flip fast. Focus on popular styles, sizes, finishes and backspacings.
What is the process for preparing wheels for resale?
Thoroughly clean the wheels, repair any damage, refinish if needed, and take excellent photos from all angles to showcase condition.
Where is the best place to list wheels for sale?
Facebook Marketplace has huge reach with enthusiast communities. Facebook groups and Craigslist work well too. eBay can help sell nationwide.
How much money can you make flipping a set of wheels?
Profits vary based on wheel brand and demand. But typically $50-250 per wheel profit is expected. $1,000+ on a full set flip is possible.
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