Curious
Who Here Flipping Cars?
- Thread starter Codeine Crazy
- Start date
Jean Jacket
NOPE
Well officer... 
I thought about getting into it but I've learned from the game. There is little ROI if you are not a mechanic and/or bodyman.
Especially if you don't deal with classics.
I thought about getting into it but I've learned from the game. There is little ROI if you are not a mechanic and/or bodyman.
Especially if you don't deal with classics.
My old man does. If you don't know what youre doin don't waste your time tho beause youll get beat on the deal fukking around on craigslist
He love cars tho so its nothing for him to sit and look at cars all day on cl when he not workin. nikka be calling me to take him to go look at / get the cars tho
He love cars tho so its nothing for him to sit and look at cars all day on cl when he not workin. nikka be calling me to take him to go look at / get the cars tho
Why you feel that way?Well officer...
I thought about getting into it but I've learned from the game. There is little ROI if you are not a mechanic and/or bodyman.
Especially if you don't deal with classics.
I was thinking like this....Grab a dealer license. Hit the auction and sell em bytches at book value
cop a car for a rack....do like 300 on repairs...flip it for 3-4 racks
Jean Jacket
NOPE
"300 on repairs." is unrealistic.
300 would just cover registration/title and a tank of gas. Unless you are illegally transferring ownership.
Best thing to do is get your dealer's license up front and be a wholesaler for a while to dealerships and learn the auction game. Car values aren't as static as you think. 3 to 4k is a hard sell for a reconditioned bucket if you don't bust your ass or spend close to your margin getting it to something most people would even entertain...I say "most" because there are idiots out there that know nothing about cars and y
Jean Jacket
NOPE
"300 on repairs." is unrealistic.
300 would just cover registration/title and a tank of gas. Unless you are illegally transferring ownership.
Best thing to do is get your dealer's license up front and be a wholesaler for a while to dealerships and learn the auction game. Car values aren't as static as you think. 3 to 4k is a hard sell for a reconditioned bucket if you don't bust your ass or spend close to your margin getting it to something most people would even entertain...I say "most" because there are idiots out there that know nothing about cars and can sell them a polished turd...how do you want to sleep at night?
DOnt focus on the repair cost
@Mechatronic the main goal is profit. You telling me taht its not room for a 1k profit off each flip?
Jean Jacket
NOPE
Wholesale was my thought. Im not tryna get top profit. I forgot the nikka who use to post here about car shyt. wish i could talk to dude
Jean Jacket
NOPE
Look at Kelley Blue Book and peep the disparity between retail, trade in and private.
You are stepping over a dollar for a dime if you're not looking at retail.
You are stepping over a dollar for a dime if you're not looking at retail.
Jean Jacket
NOPE
If you wholesale you need to get a surety bond for prob 5 to 8K. Get a business license and an office with a phone. The hardest part is hustling the auctions and finding profitable units.
Damn...You dabble in this or just know about it?
Jean Jacket
NOPE
I been around this for a while. Not a dealer but I've peeped game over the years. I used to work at NADE auto auctions as a part time gig when I was in college.