An electronic garage shelf is described. The system includes an electronic garage shelf which may be a metaphor for a shelf in a garage that is used to store parts for a vehicle. Merely for example, the electronic garage shelf may store a token part that signifies a part or smart component such as an oil filter, carburetor, spark plug, on a garage shelf in the user's garage. Further, the metaphor for a shelf in the garage may be expanded to include a virtual part that represents a part or smart component the user wants to acquire. Accordingly, the system may include garage shelf information comprised of virtual part information and token part information where the virtual part information may store virtual parts signifying parts that are desirable for acquisition and the token part information may store token parts signifying parts that are in the possession of the user.