How to Buy & Sell Used Cars for Profit from Home
It’s pretty easy to make a $500 – $1500 profit per car. I will teach you step-by-step how to make this happen.
To start…. without a dealer’s license, you will be shopping the classifieds, Wal-Marts, weekend parking spots, and eBay for the deals. No big deal… these are where my MOST profitable deals come from (seriously!)
There will be a lot of legwork involved. Note: You must be careful not to buy from a curbstoner. I will teach you how NOT to do this!
The simplest way to do this is: buy cars locally and sell locally. It is done all the time! Either people are selling the car too cheaply, or you can recondition the car to make it sell for a higher price, or someone needs the cash NOW, …
And remember people like dealing with people, NOT dealers. Be a person who sells a clean mechanically sound car at a fair price. Be reasonable and pleasant. There is no need to be a jerk! You can sell all the cars you buy by being pleasant.
Run the whole operation by yourself. No office, no employees! You keep all the profit. You find the car, you recondition the car, you sell the car, and you profit all the money!
It’s an easy business to run. You will be MORE knowledgeable than MOST people who come to buy the car. You KNOW it’s a CLEAN, MECHANICALLY sound car. You will buy cars that “Sell Itself”! You will not use high-pressure techniques at all. People will come to see your car on your schedule and at your convenience. It really is an ideal business.
You can do this business. I will teach you everything you need to know to make it happen!
By far, the cheapest and lowest risk way to start making money in the car business is to start part time buying and selling cars a month from your home. You buy the car. Register the car in your name. Recondition the car yourself. Park it at local Wal-Mart and/or advertise the car in a classified ad or on eBay. Sell the car. Pocket the profit. Buy another money maker!
Just retailing two cars a month, at a $500 profit each, will give you and your family an extra $1000 a month. Sell one car a week and pocket an extra $2000 a month. This is not brain surgery. It really is pretty easy to sell one car a week.
Although there are state limits you need to adhere to. Most states allow you to buy & sell four or five cars a year before you have to get a dealer’s license. Some people sell more and never get in trouble but there is a limit. Some states are more and some are less (like in Illinois you can buy & sell 12 cars a year!).
Once you get past your state limit, then its time to decide if you want to get your dealers license. Some people simply choose to buy and sell their state limit each year and use the money to buy Christmas gifts or go on vacations. Some people buy their state limit in their own name and then the state limit in their wives or husbands’ name and have a little business running. Some people even curbstone the car (not registering the car in their name) to get around getting a dealers license.
Getting your dealers license is not as expensive or as difficult as one believes. I know MANY people who do it for under $500 a month. The profit potential it the car business far exceeds $500 a month! Many people waste a lot of time trying to figure out how to get AROUND getting a license – if they would focus, they could see the larger picture.
Methods of Operation:
- Buying cars locally and selling locally
- Buying cars locally and selling on eBay
- Buying cars on eBay and selling them locally
- Buying and selling cars on eBay
- Auto Brokering new and used cars