Our neighbor Jose doesn't speak much English, which makes it tough to live here in northern Michigan. Despite that, he made a profit of over $30,000 last year selling cars out of his front yard. It's true that he's a mechanic, and that helps, but it isn't the key to his success. The Key To Buying And Selling CarsTo make money selling cars you have to know the value of cars. Knowing which cars people most want might help too, but any car will sell for some price, and you need to know that price.
Drive around looking at cars for sale, or cars just sitting idle in people's yards. When you can easily look at a car and guess how much it will sell for, the rest is easy - just offer $1000 less. You'll eventually buy a car, and sell it for a profit. Then you can and repeat the process.To start learning about the used car market, you can watch the classified ads, keeping in mind that the asking prices are not the sales prices. Take notes.
Used car pricing guides, such as the "bluebook," generally show inflated retail prices. Use them, but assume you'll sell the car for the "loan value", or average wholesale price. In any case they are good to show to your prospective buyers.If You Know Nothing About CarsWhat if, like myself, you know nothing about buying and selling cars and don't want to learn? Find a friend who knows cars and wants to make money. For example, I gave my brother $950 to buy an old truck because he said it was worth more than twice that. Sure enough, he sold it in a week and returned my money, plus half of the $900 profit.
I gave another friend $3200 to buy an old plastic-bodied car. He paid
$2200 for it, and put a transmission in it, along with other minor repairs. I didn't know what a Corvette was, why anyone would want a car from 1976, or where to go to get a transmission put in for $800. Fortunately, my friend did. Less than two weeks later he sold the car for $4200 and returned my money plus my half of the profit: $500.
I've done this a number of times now with friends who know more about cars than I do. Are you cash poor? A short term cash advance on a credit card would have cost me about $50, still leaving a profit of $450.Here in Michigan, the law says you need a dealer's license if you sell more than six cars in a year. You could have six titled in your name, six in your friend's name, and six in your wife's name. That gives you a good chance to see if you like the business enough to get a car dealers license. Check the relevant laws in your state.The key to buying and selling cars for profit is knowledge - but you can get that from a friend..
Steve Gillman has been studying every aspect of money for thirty years. You can find more interesting and useful information on his website; http://www.UnusualWaysToMakeMoney.com.Show Your Classic Car Pride
In the state of Michigan, there is one city that would be offering car buffs, lovers, and aficionados a chance to take a view at cars that were long past the production stage and are now considered to be classic cars. This city is Bay City and as part of their monthly event called First Thursday Gallery Walk, they would be setting up and showcasing classic cars. Classic cars were chosen as the theme for the month's event.
This is not going to be just another classic car show where people just come around and show off their vehicles and companies offer their classic car products like Oldsmobile accessories and the like. In this one, it would be more than that.
The Bay City Motor Company would be featuring cars that are already in their own showrooms. Also, local talents would be featured. Those artists who did dub their brushes into pools of creativity to create classic vehicles and other cars...
Show Your Classic Car Pride
FERRARI, LAMBORGHINI AND OTHER EXOTIC CARS DISPLAY ON PARK AVENUE, WINTER PARK TO BENEFIT HABITAT FOR HUMANITY.
FOR IMMEDIATE RELEASECONTACT: TSC EVENTS INC. Joe Sabatini
"WINTER PARK CONCOURS D'ELEGANCE"????351 A. North Donnelly Street, Mount Dora, FL 32756
352-385-9450 Fax: 352-383-6288E-Mail:e-mail protected from spam bots
Detailed information at: WWW.TSCEVENTS.COMFERRARI, LAMBORGHINI AND OTHER EXOTIC CARS DISPLAY ON PARK AVENUE, WINTER PARK TO BENEFIT HABITAT FOR HUMANITY. WINTER PARK, FL
September 22 2003- The second annual "WINTER PARK CONCOURS d'ELEGANCE" will take place on Winter Park's fashionable Park Avenue, Sunday October 19th. The event is presented by Lexus of Orlando and the host hotel is the Ritz Carlton Orlando.
???Festivities begin on Saturday with the "Tour of Winter Park" which will see 65+ exotic cars and their drivers on a drive throughout picturesque downtown Winter Park. Stops along the way include the WINDSONG development for pastries & coffee and a luncheon...
FERRARI, LAMBORGHINI AND OTHER EXOTIC CARS DISPLAY ON PARK AVENUE, WINTER PARK TO BENEFIT HABITAT FOR HUMANITY.
Where to Buy Used Cars at Bargain Prices!
One of the most important things you can do to purchase a used car at bargain prices is to do your homework.
You should check your local classified ads and see what the asking price is for the type of vehicle that you are in the market for.
Make sure to get the high and low Blue Book Price on the vehicle that you are interested in.
Here are some excellent sources for getting pricing:NADA GUIDES - www.nadaguides.comKELLEY BLUE BOOK - www.kbb.comEDMUNDS - www.edmunds.comOther resources to check with is CARFAX.
They can supply you with the vehicle history report.
The National Highway Traffic Safety Administration has a research area to check recall history on cars.
We recommend that you have the vehicle you are interested in purchasing be inspected by your own mechanic prior to
purchase.Newspaper...
A Guide to Find the Best Car Dealer in New York
Are you thinking of investing your money in buying a car? If yes, the first thing you need to do is find a car dealer. Well the best source for you to buy car whether used or brand new is a great car dealer. So what you want is a dealer who can give you the best offer among the various dealers that are operating in city. If you stay in New York then you have all the more options. There are several car dealers in New York who help people who are interested in buying cars.
Car dealers are in fact a genuine source for you to buy good cars in New York.
Finding a good car dealer in New York is very important if you want to buy good cars. Go by reputation. There is very little chance or you to be get cheated if you work with reputed car dealers. You can find out the best car dealers from the yellow pages and also some other sources.
The Internet is the best source to guide anyone in any aspect. The Internet contains information on any anything and everything under...
A Guide to Find the Best Car Dealer in New York