Anyone buy, fix, & sell cars 4 profit?
So does anyone on here do it or ever done it? Did it work out well? Was it worth it? Share some details.
Thanx __________________ Best Car Insurance | Auto Protection Today | FREE Trade-In Quote |
its kinda easy to get caught up in it and over fix it and not get what you put in, not personal experience though
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When I worked at Advance Auto, there was a guy that constantly bought 90's GM 3.1 and 3.8 cars and sold them for profit after fixing parts. He even got a 2003 Corolla for $500 after the owner put 4 gals instead of 4 qts of oil in. He drained it all out, filled it up properly and it ran fine.
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i generally buy used cars cheap drive them a while and sell them maybe a small profit or loss but after a years worth of use i don't care too much about profit. if you really want to do it get a dealers license and go to auctions. though i have seen some REALLY shady shit come out of auctions. if you have the time and space buying cars and parting them out can make money
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I've done it once with an old Cadillac, basically the guy was so old and sold it to me in MINT condition for $1500 and I turned around and sold it on ebay to a Caddy collector in Miami for $4000.
But I usually flip desireable car parts. Find some schmuck on craigslist or the miata.net classifieds or even locally that has no idea what their parts (usually stock stuff) is worth. I buy it for CHEAP and sell for profit. Its fun if you're absolutly sure you are going to make money. Case in point I bought a set of Mazdaspeed3 wheels and tires that came off a brand new car (40 miles on them) for $400, kept the tires for my MS3 and sold the wheels for $600 ;) |
i've done it a few times with Miatas.
bought my 94 Laguna for $1800, sold for $3500 - brake pads, bra over the dented nose, fixed passenger window, fixed broken cable on freshair/recirc, changed top with a good one already on the frame, front air dam & rear skirt bought one of my red 94's for $1000. PO said it needed a new head. borrowed a friend's trailer. checked compression. Zero. checked timing belt, it was off by 180 degrees. reset the timing belt. added power antenna. sold a few months later cuz i needed the money, to a friend who helped me with the timing belt job for $2500 bought a red 90 from a friend who needed a deposit for a new car. $1000. came with hardtop, new Tein Basics, new konig heliums with new T1Rs, JR sways, CF hood. Sold off that stuff for $1900. Replaced the thermostat housing temp sender. Replaced top with one on the frame for $100-$150. Sold car for $1000 |
Originally Posted by paul
(Post 170016)
i've done it a few times with Miatas.
bought my 94 Laguna for $1800, sold for $3500 - brake pads, bra over the dented nose, fixed passenger window, fixed broken cable on freshair/recirc, changed top with a good one already on the frame, front air dam & rear skirt bought one of my red 94's for $1000. PO said it needed a new head. borrowed a friend's trailer. checked compression. Zero. checked timing belt, it was off by 180 degrees. reset the timing belt. added power antenna. sold a few months later cuz i needed the money, to a friend who helped me with the timing belt job for $2500 bought a red 90 from a friend who needed a deposit for a new car. $1000. came with hardtop, new Tein Basics, new konig heliums with new T1Rs, JR sways, CF hood. Sold off that stuff for $1900. Replaced the thermostat housing temp sender. Replaced top with one on the frame for $100-$150. Sold car for $1000 |
Originally Posted by big john
(Post 170019)
congratulations :cjerk:
Originally Posted by levnubhin
(Post 169995)
So does anyone on here do it or ever done it? Did it work out well? Was it worth it? Share some details.
Thanx |
Originally Posted by paul
(Post 170031)
I must've misunderstood the purpose of the thread. Go sell some fucking mud flaps.
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Originally Posted by Ben
(Post 170036)
Don't stress; I don't expect him to be around much longer
:wavey: |
Originally Posted by SamS
(Post 169997)
When I worked at Advance Auto, there was a guy that constantly bought 90's GM 3.1 and 3.8 cars and sold them for profit after fixing parts. He even got a 2003 Corolla for $500 after the owner put 4 gals instead of 4 qts of oil in. He drained it all out, filled it up properly and it ran fine.
That said, my roommate usually just finds cars that just need a bit of TLC...or kids that need money, buys them, drives them for a few months, turns them around and sells them. |
Saw that 4 gallon instead of 4 quarts thing once too. Used to work at Jiffy Lube when I was 17 and this magilla gorilla like character thought that once around for the dial on the oil gun was a quart. when he got to 4 gallons the oil was over flowing out the valve cover.
http://www.cfhf.net/lyrics/images/magilla.jpg |
Originally Posted by paul
(Post 170055)
Saw that 4 gallon instead of 4 quarts thing once too. Used to work at Jiffy Lube when I was 17 and this magilla gorilla like character thought that once around for the dial on the oil gun was a quart. when he got to 4 gallons the oil was over flowing out the valve cover.
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omgz dont ban me yet. wait until i post pics of my car, then my mission will be complete
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Reg original topic: If I had a proper shop, I would probably give it a try, focusing on cars I know something about that are not super common, easy to work on and doesn't have super high spare parts prices... Like a Miata!
But I did do it kind of unintentionally once: Bought a -89 Opel Kadette for ~$100 (paid in Swedish kronor), repaired it with junk yard parts. Drove it for 1 year and sold it for ~$250. It was a horrible car though… Cred to Paul: Sounds like you know what you are doing there. |
Originally Posted by big john
(Post 170082)
omgz dont ban me yet. wait until i post pics of my car, then my mission will be complete
I vote BAN now! __________________ Best Car Insurance | Auto Protection Today | FREE Trade-In Quote |
Originally Posted by levnubhin
(Post 170099)
I vote BAN now!
I agree with him on :jerkit: Anyone whose doing this needs a better job |
Originally Posted by Loki047
(Post 170101)
I vote shut the fuck up.
I agree with him on :jerkit: Anyone whose doing this needs a better job Ohhh, someone didnt take their meds today. __________________ Best Car Insurance | Auto Protection Today | FREE Trade-In Quote |
Originally Posted by levnubhin
(Post 170103)
Ohhh, someone didnt take their meds today.
And then probably e-raped by hustler EDITED: for being awesome and using And to start the majority of sentences in this post. |
Originally Posted by Loki047
(Post 170107)
No this is just one of those, what is everyone wearing today threads. And I agree with BigJohn. And that this isn't a video game, If/when big john pisses a mod off enough to be banned he will be banned.
And then probably e-raped by hustler EDITED: for being awesome and using And to start the majority of sentences in this post. lol, ok. So in the future before I start a thread I'll run my question thru you. Ok? I personally just dont respond in a thread that I dont care about, but thats just me. __________________ Best Car Insurance | Auto Protection Today | FREE Trade-In Quote |
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