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  • Writer's pictureEkene Uchenu

The Most Profitable Automobile Business Ideas

Automotive industry is one of the most lucrative businesses on the planet as far as human movement is concerned. Here are the tested Automotive business ideas.

  • Car Wash On The Move: Everyone is almost always looking to have their cars washed, which makes it a good auto business opportunity. Additionally, you can take the business to the people rather than waiting for the customers to come to you. Moreover, you can make a good profit without much investment, which is a recipe for profitable automobile business ideas.

  • Tire Store: It is one of the highly lucrative automotive businesses, but you need to have adequate knowledge about the different types of tires along with a substantial inventory. The upside to this business is that you can open your store in a small village, town, or a big metropolitan city.

  • Fabrication And Body Shop: A body shop is a place you go to repair your vehicle body and fabricate new parts and body panels. It can be an excellent automobile business idea as the number of vehicles is constantly increasing.

  • Components And Spare Parts Store: With the constantly increasing number of cars and bikes, components and spare parts distribution stores can be an excellent automobile business idea.

  • Automotive Magazines: The automobile industry is constantly evolving, and new vehicles are being launched every single day. So people are always looking to find more info about the latest vehicles and automotive technologies, which they can avail from the automotive magazines. Although niche, these magazines can be a fantastic automobile business idea.

  • Accessories Shop: There are hundreds of thousands of the same vehicle models available in the market. So people love installing accessories to their cars and bikes to stand out from the crowd and improve the vehicle’s functionalities. So if you are looking for a good auto business opportunity, an accessory shop can be a good idea.

  • Oil Changing On The Move: Oil changing is one of the most significant parts of vehicle ownership. But most people either have no idea how to change the oil or don’t have the time to do it. For them, mobile oil changing can be just the thing to keep their car in mechanically the best shape possible.

  • Vehicle Service On The Move: Nowadays, people are very busy in their personal and professional lives, due to which, they don’t have time to get their vehicles serviced. So a mobile service station can be an excellent automotive business as there are hundreds of thousands of customers for it.

  • Battery repair and reconditioning shop:Batteries are integral parts of every vehicle. So if you are looking for an automobile business idea, go for a battery reconditioning and repair shop. There isn’t much investment as this service can be done with the help of some chemicals and simple techniques. So it is profitable as well.

  • Tow Truck: Tow trucks hold great importance in the automotive repair industry. It is the only way to bring the damaged or broken down vehicle to the repair shop. If you have a general idea about the common geographic locations in or around your city or state, you can successfully operate a tow truck company. But you will need a substantial capital investment as the tow trucks are not cheap to buy, run and maintain.

  • Detailing Shop: It is one of the rapidly rising automotive businesses. If you have knowledge and experience in thoroughly washing and cleaning vehicles along with aesthetic restoration, an auto detailing shop can be a perfect automobile business idea for you.

  • Vehicle reviewer: It is an emerging automotive field but can be an excellent money-making opportunity. If you have adequate knowledge about cars and bikes, automotive technologies, and the latest developments in the industry, vehicle reviews can be a good automobile business idea. You will need to have an outlet (which can be both audio-visual as well as readable) to post the review. But it can help people make an educated choice when buying their next vehicle.

  • Driving school: It is exactly what it sounds like. If you are an experienced driver and have all the necessary qualifications and documents, you can start your own driving school. But you will need capital investment for buying special training cars. But it can be a profitable automotive business.

  • Used Car Shop: According to the latest survey, a vehicle is around 3 or 4 times throughout its lifespan. So it is not hard to see that there is a massive market for used car shops. The only things you will need are space for a car lot, a crew of skilled technicians to repair and maintain the used cars, and a few salesmen to help the customers buy a suitable car or bike. These things will take a substantial capital investment. But before you start a used car dealership, make sure you have adequate knowledge and information about the depreciation and market trends.

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