10 Best UK Based Automotive Business Ideas
Best UK Based Automotive Business Ideas
There are new businesses popping up each year because the UK based automotive business is constantly expanding. As a result, a whole lot of business opportunities have since been created around the automobile industry since the invention of the automobile. Also, it’s true that the industry is still opening up with several innovations. Indeed, it’s a very large industry that covers the industry of the automobile, aviation, and locomotive. The industry is a lucrative one by all standards that all know those who have found a business in this trade. In order to ensure enjoy the uttermost comfort and safety when it comes to making use of the automobile, the scientists and engineers are seriously working hard.
Top 10 Best UK Based Automotive Business Ideas
It’s hardly any city in the world you wouldn’t find an automobile. It’s not a matter how remote the city may be or where it is. So, let’s know the top 10 best UK based automotive business ideas to consider for you.
1. The UK Based Automotive Business – Vehicle assembling
You can venture into vehicle assembling rather than venture into full-scale vehicle manufacturing. It’s less capital-intensive and you can stick your brand on the cars you assembled, which is the good thing about this venture. For example, you can start vehicle assembling with one renowned brand or several. Also, you can focus on assembling lightweight vehicles such as tricycles, motorcycles, scooters, etc if you are not up for big cars or trucks.
2. Become a car dealer
If you want to be a distributor in your country for any car manufacturer of your choice, you have to buy the rights. For example, the successful car dealers and distributors in the UK include BMW, Toyota, etc. Moreover, you can simply start small by importing and retailing used cars that a good business. This is because the used car market in the UK and even the U.S is currently booming. Many people save a cost of buying used cars. Besides, you can also become a car dealer right in the UK from your home, how? You need to set up an online shop, sample your wares and take customers’ orders. And then proceed to buy the pre-ordered vehicle from online car auction websites and deliver it to the clients.
3. Spare parts business
There are a lot of movable parts in the vehicles. They need to change at one time or the other when they become out of order. Spare parts business is a good business idea. You can make money off vehicle owners if you import and retail spare parts of several brands of vehicles in the UK. This is not only a good choice of business but a way to earn a lot of money. You can kick-start the business with just a little cash on you. At the same time, you can buy; import and retail vehicles spare parts of different brands.
4. Setup a car detailing business
Car detailing business is the process of an automobile to thoroughly cleaning, polishing and waxing. Along with the engine and underneath the vehicle, the cleaning will also be done inside and out. When someone likes to increase the value and outlook to the proposed customers, car detailing is usually done on used cars that are to be resold. It’s also a good business idea that you can start with low investment.
5. Driving School Business
Although you don’t have any idea of how to go about it, you want to make money in the automotive industry. So, you have the best option of starting a driving school business for beginners and enjoy free flow of economic strength. The business idea is the most patronize business ideas in the automotive industry with good profit. There are countless numbers of people are out there who love to become an expert driver. Your prospects will surely come after you on daily basis for this reason.
6. Car Re-Spray Business
This is a business idea in the automotive industry, car re-spray business that never is over highlighting. Not only helping the car owners but you’ll make a good amount of money from this business.
7. Car Wash Business
Start a car wash business with little capital for your own. It’s not as difficult the way as some people think to start a car wash business. What you have to know is that just go about car washing. You’ll notice there is always traffic of cars moving to and fro on the roads if you live in a city. Perhaps, as there are too many vehicles on the roads, it’s a matter of complaints. Yes, these complaints are the matter of your business chance. This is because all the vehicles need to be washed and it’s a golden opportunity in the sense.
8. Start towing business
As a small business idea, towing business still remains untapped. It’s one of the business ideas that people still don’t pay much attention to the provision of towing service. It may baffle you a lot as well. How can it baffle you? You didn’t see someone requiring towing service when you travel on some major roads and there has not been any time you travel. You must have seen someone before if you have not personally found yourself in a situation where you need a roadside assistance. Motorists need roadside assistance everywhere that the people who are into the provision of towing service understand.
9. Car Rental Business
Why not start a car rental business of your own? Car rental will always be in high demand in every city. There is a search for “cheap car rentals” or “car rentals near me” by the hundred and thousands of people. It means that everyone should focus on as part of his personal financial planning because it’s actually becoming one of the areas. However, car rental business or call it car hire business is becoming more competitive because of this high demand. Nonetheless, you’ll be glad your venture if you know what it takes to operate a successful car rental business.
10. Create a Parking Lot
It doesn’t require a huge brain to create a parking lot. Also, you don’t need a maintaining facility. What you need for a parking lot is a bucket of paint to make spaces for the cars and an open lot. Customers pay upwards of $15 to park their cars, and you might fit 100 cars in a lot if you can create the lot at the right location. You can man the lot and your only overhead would be insurance and rent as you are starting out.
UK based automotive business is vibrant and a large industry. So, there are different kinds of business opportunities. These depend on your investment capacity and location. Hopefully, this article will definitely help you in making a proper decision to start a new business. Moreover, we’re here to help you with your any further issue of this concern. As a result, let us know to comment your issue and experience of the businesses. Till then Good Luck!