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Each year 299 million automobile tires are delivered to scrap yards throughout the country. While these recycling centers have helped to reduce the number of tires that end up in landfills, authorities estimate that an additional 40 million old tires still wind up in the trash each year. Rather than seeing your spent tires as mere trash, you should start viewing these items as a rubber gold mine.
Following these three simple steps will have you making money from scrap tires in no time.
Step 1: Acquire Some Tires
Before you can start making money, you need to have access to some scrap tires. While the spare tires you might have lying around your garage are a good start, you will need a lot of tires if you want to make a decent income on your next trip to the recycling center. Following the economies of scale rule, you can achieve greater inventory without additional cost by collecting old tires from others.
Try placing an ad on a local classifieds website, or simply traveling around your neighborhood asking if anyone has used tires they no longer need. You can also try partnering with a bus garage or business that has a large automotive fleet to get the tires you need. Most people are glad to be rid of tires without having to do any work, and you can collect a large inventory at little to no cost.
Step 2: Decide Where You Will Recycle Your Tires
When it comes to recycling old tires, you have several options available to you. Tires that are completely worn are usually best suited for the scrap yard. These yards use the rubber from spent tires to make playground materials and other useful items.
If the tires you have collected are still in fairly good shape, you might want to contact a company that retreads tires instead. Not only will you be able to make more by selling used tires to a retreading company, but you will be conserving oil as well. It takes 22 gallons of oil to manufacture a new truck tire from scratch, but only 7 gallons of oil to retread the same tire.
Step 3: Make The Deal
Once you have decided where to sell the used tires you have collected, it’s time to cash in. Recycling centers generally pay based on the weight of your load, so take as many tires as possible when selling to the scrap yard. Retreading companies are more flexible, and will usually purchase both single tires and bulk loads.
Once you have collected your earnings, you can reinvest the money into your tire recycling business, or use it to pay for something nice.
Making money by recycling old tires isn’t difficult. All you need to do is locate enough tires to make your efforts profitable and determine whether a recycling center or a retreading company will pay the most, and you are on your way to cashing in on spent tires. Contact a company like Miamitown Auto Parts & Recycling for more information about recycling tires and other car parts.

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