How LKQ Online Sources Its Inventory of Used Auto Parts (2024)

LKQ Corporation is the largest auto recycler of vehicle parts and accessories in the world, processing over 800,000 cars a year across its almost 200 facilities. Just where do all these cars come from? And how does a used converter from a totaled 2020 Toyota RAV4 find its way from those thousands of salvage cars to LKQ Online so you can buy with confidence exactly the part you need?

Where the cars come from

At any given time, there are approximately 280 million cars traveling the roads in the U.S. (statista.com). That’s a lot of opportunity for cars to become suppliers for the used car parts industry! From people selling old cars to make way for new ones to insurance companies auctioning off totaled vehicles, there are many names and descriptions for cars or trucks headed for salvage:

· Wrecked or totaled

· Donor vehicles

· Junk cars

· Rust buckets

· Clunkers

· Salvage vehicles

· Abandoned vehicles

· Auctioned vehicles

· Collison repair rejects

LKQ focuses only on cars or trucks that are viable for high-quality used parts, including alternators, shocks and struts, and car brakes. Our procurement standards are strict and any vehicle that does not meet the criteria is rejected, such as severely damaged cars that go straight to a junkyard as scrap metal. Once a purchase is made, the vehicle becomes part of LKQ’s system of sourcing new life for other cars and trucks needing repair with reliable replacement used parts.

Highly efficient, purposeful processing

First step in recycling is identifying all parts on each vehicle as to whether they qualify for resale or for scrap. A packet of tags is created per vehicle for a record of all usable/resaleable parts that will go into inventory. On average, 130 to 140 parts are inventoried from any given car. From small antennas to drive shafts and steering wheels, no salvageable part is overlooked.

Then comes dismantling which involves draining all auto fluids and reclaiming mechanical parts like used engines and transmissions as well as body parts like fenders, hoods, bumpers, and doors. All parts are carefully inspected for damage before a part can even be added to our inventories.

Qualified, usable parts are inventoried and catalogued with accurate descriptions as to their quality and identification. VIN (Vehicle Identification Number) matching ensures the integrity of our inventory. For comparison and value shopping, knowing a part’s history will ensure you get the best part for your specific needs.

Meticulous care is given to provide all possible information online for any LKQ part offered:

· Name, description, picture, and location of the part

· Make, model, and year of the source vehicle

· Mileage

· Fitment (compatibility with other years/makes/models that use this exact part)

· Any alternative part number (new aftermarket part or compatible OE part)

· Additional used parts available from this specific vehicle in case you need more than one part

· Price and shipping terms

· Warranty coverage

After an order is placed, all reclaimed auto body parts are inspected one final time before being shipped UPS or, in the case of oversized items like motors, transmissions, seats, wheels, bumpers, and tires, placed on a freight delivery truck.

Environmental consciousness or “we recycle everything”

LKQ is proud to be the world’s largest recycler in the automotive industry. Our salvage vehicle operations recycle more than 90% of the materials from end-of-life vehicles that would otherwise end up in a landfill. LKQ was built on a solid foundation with attention to recycling and sustainability efforts, helping to preserve planet earth through eco-friendly initiatives and innovative technologies and solutions.

· Fluids are drained from all vehicles and recycled, including oil, gas, and antifreeze. Every drop of liquid is removed, saving millions of gallons of caustic or hazardous materials from contaminating land and groundwater.

· Once a vehicle is devoid of usable parts, LKQ sells any leftover metal to scrap yards that repurpose steel, copper, and aluminum.

· Cars are the most recycled consumer product on the planet, with more than 10 million recycled in the U.S. and Canada every year, producing 750 million pounds of scrap each month.

LKQ is improving the world one part at a time

Whether you need to restore a classic car or truck or get a disabled late model vehicle back on the road, LKQ Online offers the largest inventory of used auto parts and alternative replacement parts for import and domestic cars and light-duty trucks. All our recycled, used OEM and OE, reconditioned, remanufactured, refurbished, and aftermarket automotive and truck parts products are backed by industry-leading warranties you can trust. Nationwide, LKQ stocks more clean, high-quality recycled auto parts than any other auto recycler, preserving valuable resources, reducing waste, and passing the savings on to you by offering viable options to new, expensive dealer replacement car parts.

How LKQ Online Sources Its Inventory of Used Auto Parts (2024)

FAQs

Where is the best place to sell used auto parts online? ›

4 Best Online Marketplaces for Selling Auto Parts
  • eBay Motor.
  • Amazon.
  • 4. Facebook Marketplace.
Jun 24, 2024

Where is the best place to buy auto parts online? ›

Top 12 Auto Parts Websites: Where To Find The Best Deals
  • Jegs.
  • 1A Auto.
  • NAPA.
  • Parts Geek.
  • Auto Anything.
  • Rock Auto.
  • Speedway Motors.
  • Discount Tire Direct.
Apr 25, 2024

Does LKQ sell aftermarket parts? ›

LKQOnline is the nation's largest online provider of aftermarket parts and recycled original equipment (OE) auto parts from these various car brands. LKQ is not associated with or sponsored by the automotive brands listed above and merely provides aftermarket and recycled parts for these brands.

Where do most auto parts come from? ›

Top countries for automotive parts imports 2021:
  • Mexico US$60,147,245,585 (38% of all imports of automotive parts into the US)
  • Canada US$16,461,364,564 (10% of all imports)
  • China US$15,160,877,927 (9.5%)
  • Japan US$15,063,771,603 (9.4%)
  • Korea US$10,202,469,955 (6.4%)
  • Germany US$10,145,872,276 (6.4%)

Is selling car parts online profitable? ›

On average, car part retailers can earn anywhere from $500 to $50,000 per month selling spare parts and accessories online. Of course, this amount can vary depending on the type of auto parts you sell, your selling platform, and your marketing efforts.

Is a used car parts business profitable? ›

Learning how to sell auto parts can be lucrative because cars are always in demand, and there's a vast market for used auto parts. Many people want to save money on repairs or upgrades by buying quality used parts rather than expensive new ones.

What is the best used car parts website? ›

Top 10 Best Used Auto Parts Websites for Every Budget
  1. Car-Part. Car-Part.com is a well-established and reputable online marketplace for used auto parts. ...
  2. Used Auto Parts Pro. ...
  3. US Auto Supply. ...
  4. Pull A Part. ...
  5. Pete's Auto Parts. ...
  6. ACE Auto Parts. ...
  7. Middleton Auto Parts. ...
  8. Rockford Auto Parts.
Jun 24, 2024

What is better than RockAuto? ›

The closest competitor to rockauto.com are partsgeek.com, advanceautoparts.com and repairpal.com. To understand more about rockauto.com and its competitors, sign up for a free account to explore Semrush's Traffic Analytics and Market Explorer tools.

Who is the largest auto parts supplier? ›

The leading global automotive suppliers based on revenue 2022. With related revenue of around 52.6 billion euros in its 2022 fiscal year, Bosch was ranked as the world's largest automotive supplier in 2022. Bosch began to rise up through the ranks in 2014 when the company acquired ZF Friedrichshafen's steering systems.

Who competes with LKQ? ›

LKQ's competitors. LKQ's competitors and similar companies include Genuine Parts Company, Lear Corporation, Advance Auto Parts, Pep Boys, O'Reilly Auto Parts and AutoZone.

Who is LKQ owned by? ›

LKQ (LKQ) Ownership Overview

The ownership structure of LKQ (LKQ) stock is a mix of institutional, retail and individual investors. Approximately 61.68% of the company's stock is owned by Institutional Investors, 11.04% is owned by Insiders and 27.28% is owned by Public Companies and Individual Investors.

What is the difference between LKQ and aftermarket? ›

Aftermarket parts are manufactured by a different company other than the Original Equipment Manufacturer (OEM) of your vehicle. These parts are made to “resemble OEM standards” and are often less expensive than OEM parts. LKQ stands for “Like Kind in Quality”.

Who is the largest exporter of auto parts? ›

As per vehicle spare parts export data, the top 5 exporters with the highest dollar value of automobile parts exported in 2022 are listed below.
  • Germany:$60.7 billion.
  • China:$49.7 billion.
  • United States:$40.7 billion.
  • Mexico: $37.9 billion.
  • Japan:$29.1 billion.
Jan 23, 2024

What is the number one auto parts store in America? ›

AutoZone, Inc. is an American retailer of aftermarket automotive parts and accessories, the largest in the United States.

Why is there a shortage of auto parts? ›

As people have returned to work and resumed their normal activities, the demand for vehicles has increased, leading to a surge in sales. This increased demand has put pressure on the supply of auto parts, making it more difficult to obtain the necessary components for repairs and maintenance.

What website can I sell spare parts? ›

Where to sell car parts online
  • Standard eCommerce website.
  • eBay.
  • Amazon.
  • Local seller sites.
  • Omnichannel eCommerce platform.

What online company pays the most for used cars? ›

Cars.com is our top pick for the best place to sell your car online — you can sell directly to the site or list your vehicle on a private-sale marketplace. Carmax offers the best prices for used vehicles when selling a car online. CarBrain is our top recommendation for selling an old or damaged car online.

Do car parts sell fast on eBay? ›

Selling auto parts on eBay can be a good way to increase revenue. While it's not necessarily the most profitable place to sell auto parts (most eBay retailers who drop-ship are earning just 2 or 3% profit margins), eBay offers the possibility of substantial sales volumes.

How can I sell more auto parts? ›

Offering Discounts and Incentives: Offering discounts and incentives is a great way to sell more auto parts. Many people are always on the lookout for a good deal, and if you can offer them a discount or an incentive, they are more likely to purchase from you.

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