 Free Online Articles Directory |
|||||||
Home Page  Business Business Opportunities How to Buy and Sell Cars for Profit |
|||||||
 |
How to Buy and Sell Cars for Profit
Buying and selling cars is an easy business. This is because most people don't want to hassle with selling a car much. They won't even clean it up, as they just want to get rid of the darn thing and will sell for a low price. All you have to do is make them a reasonable cash offer, and off you go with a vehicle that you can clean up and sell the very next weekend for a nice profit. In my mid-twenties I worked with a guy who started buying and selling used cars on the side. We got to be pretty good friends. His name was Kelly, and we both worked for a company that wholesale-distributed auto accessories. There were one or two other guys in the company that were doing the same thing. But nobody did it as well as Kelly, he got the whole process down to a science. It was very rare when he held on to a car longer than two weeks, and most were sold the very first weekend he had them for sale. It wasn't very long before Kelly quit the job and just bought and sold cars full time for a living. It's what he loved to do. His landlord owned a dirt lot on a street with pretty good traffic and let him put his vehicles out there with a "for sale" sign on them. I always figured thats why he was so successful. Years later Kelly confided in me that the dirt lot with the sign hardly ever sold a car; he pretty much did it all with Auto Trader ads. I asked him what his secret was, and he broke out a small worn-out blue notebook scribbled with pages of notes. In the front was a checklist that every car he bought and sold had to pass. He jokingly referred to it as his "Kelly blue book of car value," a play on words on the famous Kelley Blue Book (the industry standard for used car values). The bottom line was, he only went after certain high-demand vehicles and they had to meet certain criteria (as well him being able to buy them under market value). His main focus was on 10-year old 4-door Honda Accords and Japanese mini-trucks. They had to run well, have current registration tags, have a straight body, and good tires. The best prospects were dirty and had stained carpet and/or ripped front seats. Cars that met his criteria could be cleaned up easily and have new seat covers thrown on, plus the carpet dyed, to spruce up real nice. Because the sellers didn't envision how nice the car would clean up he could buy them cheaply; and because they did clean up so well he could sell them quickly. That was the trick. Follow Kelly's example and you can have a nice car buying and selling business of your own.
Rate this Article:
Current: 4 / 5 stars - 3 vote(s).
Article Tags: Home Business, Cars, Auto Restoration Article Source: http://www.articlesbase.com/business-opportunities-articles/how-to-buy-and-sell-cars-for-profit-79325.html About the Author:
Andrew Kasch is a car buff, and has bought and sold his fair share of cars for profit. To learn more about his friend Kelly's car flipping tactics, visit http://www.kellybluebookcarvalue.info
Related ArticlesHow to Change Your Car’s Oil 9 Criteria to Protect you When Selecting Home Business How To Design Your Website To Sell Free Success Training for a Month Learn How to Attract Leads to your Mlm or Home Business Operating A Home Business Make Life Easier to Enjoy Greater Success Its Time for Smart Business, Read This........ Got a Question? Ask.Ask the community a question about this article:Frequently Asked Questions Are infinity cars and nissan cars affiliated with ... I am thinking of purchasing a 2002 Mercedes C240 ... Do police cars harm the environment? Gearbox question Will my stock civic motor I got an lpg kit fitted to my indica v2 xeta gvs ... Q&A Powered by:
 Latest Business Opportunities ArticlesEasy Way to Maintain Your Success Path With Google Adsense Internet Marketing Ideas for the Work at Home Mom So How Can You Step by Step Earn Money Online China Has Settle the Debute of Poultry Meat Exporting to Eu How to Make Money With Affiliate Programmes How To Use Keyword Research For Your Online Home Based Business Opportunity Making Your Own Life With Wealth Masters Ron Medlin Reveals the Whole Truth About (the Reverse Funnel System). More from Andrew KaschEating the Right Foods to Be a Healthy Man Is Your Dog Unhealthy? Healing with Radio Waves: Fact or Snake Oil? What Is Expected of Mystery Shoppers A Beer Belly and Big Man Boobs How to Become a Confident Public Speaker How to Take a Mystery Shopping Vacation Introducing a New Dog to Your Home |
|
|||||
|
Article Categories
|
|||||||
 Sign up for our email newsletterReceive updates, enter your email below
Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.24, 17) |
|||||||
