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SVTPerformance's Chain of Restaurants
Road Side Pub
Thinking about getting into selling cars on the side
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<blockquote data-quote="Common" data-source="post: 7102784" data-attributes="member: 51809"><p>My friend cracked 200k last year doing it on the side, incredible what you can do with a little bit of money to start, he started with 50k and after about 4 years in it, he cleared 200k as his part time job.</p><p></p><p>He buys in one of the biggest auctions in the nation(PA) and is extremely well connected with almost ALL the dealerships around.</p><p></p><p>He sticks with cars in the 8,000 to 20-24,000 range and does anywhere from 500$ per car, which is nothing but a quick turnaround and unload the car so your money isnt tied up with it, to anywhere in about 5, 6,000$ in profit, before taxes that is.</p><p></p><p>Word of advice, stick with Nissan's, Mazda's, Honda's and Toyota's as a starter and try to buy within the 10,000 limit as your max.</p><p>Buy simple colors, nothing that is "hate or love it" paintjob. Stick with silver, white, gray, dark blue, the simple ones, you get it.</p><p></p><p>His full time job doesnt make half what his part time brings in but he still keeps working both for now, I guess he is the "Cant put all your eggs in one basket type of guy"</p><p></p><p></p><p>Good luck op.</p></blockquote><p></p>
[QUOTE="Common, post: 7102784, member: 51809"] My friend cracked 200k last year doing it on the side, incredible what you can do with a little bit of money to start, he started with 50k and after about 4 years in it, he cleared 200k as his part time job. He buys in one of the biggest auctions in the nation(PA) and is extremely well connected with almost ALL the dealerships around. He sticks with cars in the 8,000 to 20-24,000 range and does anywhere from 500$ per car, which is nothing but a quick turnaround and unload the car so your money isnt tied up with it, to anywhere in about 5, 6,000$ in profit, before taxes that is. Word of advice, stick with Nissan's, Mazda's, Honda's and Toyota's as a starter and try to buy within the 10,000 limit as your max. Buy simple colors, nothing that is "hate or love it" paintjob. Stick with silver, white, gray, dark blue, the simple ones, you get it. His full time job doesnt make half what his part time brings in but he still keeps working both for now, I guess he is the "Cant put all your eggs in one basket type of guy" Good luck op. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Thinking about getting into selling cars on the side
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