Cars for Profit
How to Buy and Sell Used Cars for Profit The best way to start your buy and sell used cars for profit business is to pick your niche. I highly recommend the transportation car arena, good reliable clean used cars sell fast and easy from $1700 to $3500. Now that you know what your going to be selling you know what to look for and what to market to get. Also you know how to pick the best vehicles from $1700 to $3500. So lets get to business.
Chasing classified ads is for the amateur and can be competitive, buying cars at auction is very dangerous and is highly regulated by most states. สล็อตเว็บตรง
Place a cars wanted ad in your local classifieds, screen the calls, set an appointment, go to the sellers home with cash in hand. get rapport with the seller, inspect the car including the vital signs i.e. oil, water and never ever oil and water mixed, do the silent walk around which is quiet obvious but still ask a lot of questions.
As your near the seller, begin your negotiations by asking the seller if the is the actual miles or the tires are even real tires, ask about the service records also inquire about the history of the car. Most will shady just to get cash and you should only deal when you are confident you are buying the car and can do business at the price you feel is best. You should also always consider calling the insurance company on the vehicle and getting a Vehicle History Report of the car, this will tell you such things as the previous accident history of the car.
As you know the windows are easily broken into; you can place stickers in the windows of the vehicle advertising for the sale of stolen parts as most insurance will only pay for the replacement parts not a genuine windshield or front end.
The most important thing to remember is TAKE the initiative and be prepared to walk away and never ever return to a dealership. The sell is usually best performed when the buyer is most distracted, so be sure you have your prepared quotes and your pricing/wrapping paper in hand before setting foot on the dealers lot.
If you are viscous as a buyer you can sometimes drive a wedge between your offer and the selling price, just do not be surprised if the seller takes control.
If you are unsure of how to proceed or if you are stepped up at all by the seller, do not be afraid to walk away and go to another dealer. You may meet the same resistance at a different dealer.
What is my interest rate?What is the interest rate?
Financing or leasing a vehicle versus selling or trading a vehicle
Which method of payment is best for me
What I am paying in full versus on a monthly basis
Would I prefer (a) lower monthly payment, (b) best long term cash flow with low down payment and (c) low down payment with the potential for small loan / lease payments
How soon will I need a car and; incorporate in my budgeting how much I am ready to pay in one go?
How much does the average monthly payment typically be for a trade in?
Are you looking for a vehicle with full warranty, insurance covered costs (otherwise you are covered), would you prefer to take the needed loan from the dealership or would you prefer to save the money up to take advantage of the private buying process?