How Junkyards Make Money (From Your Old Car)

A tow truck driver paid Tony $300 for his dead car. Three weeks later he found it on wheel stands in a junkyard row, and the price list by the gate added its parts up to over $3,000. One part was missing from the list, cut off and locked away. Over 4 million cars a year end up in yards like this, in a $32 billion business. This is how junkyards really make money, and who gets paid for your car after you hand over the keys. Tony's new book, Tony Takes It Back: 30 businesses from this channel, the traps they set, and exactly what to say to get a better deal, with a one-page cheat sheet for every one. https://tony99studios.com/book Launch week: half price with code LAUNCH50, until 24 October. What did you get for the last car you got rid of? Drop the number in the comments, and subscribe to Tony for more. 0:00 The Dead Car 3:53 The Strip 5:15 The Converter 6:48 The List 9:07 The Core 10:04 The Row 12:13 The Crusher 13:17 The Shredder 15:18 The Auction 16:58 The Clunker 18:01 The Weight Every figure Tony used, with its source, plus everything Tony in one place: https://tony99studios.com #Money #Business #HowToMakeMoney #Finance #Economy #Economics #HowItWorks #Explained #Educational #Junkyard #ScrapCar #CarParts #ScrapMetal #CatalyticConverter #Recycling #Cars #AutoRecycling