I recieved a settlement and I would like to do something I like and could be profitable. I am considering purchasing a couple wrecked vehicles and repairing them to put up for sale. My question was if anyone has any advice for me on what type of vehicles would be best for such an idea, i.e. profit, difficulty and ect. I live in Michigan and I was also wondering what is the limit of vehicles you can sell per year before you have to have your dealers license. And what you have to do to get a dealers license. Any other information or advice would be greatly appreciated.
Serious Inquiry,
Zach
2006-10-17 16:19:01 · 4 answers · asked by Anonymous in Local Businesses ➔ United States ➔ Detroit
i am doing the same thing. to start i went with cheaper car i buy then for $100 to $200 fix them up get them running good and sell them for $500 to $1000 it easy to sell low cost cars you don't have to sit on them vary long i think you can sell 5 cars in Michigan but you could put some in your wife's name
2006-10-18 08:31:03 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Stick with American made vehicles, it is easier to find parts. Find out what vehicles are in demand.Get hooked up with all local auctions. That is all I have 4 ya sorry
2006-10-17 16:33:04 · answer #2 · answered by ? 7 · 0⤊ 0⤋
unless you get cars in fair shape iand cheep price it isn't worth it
2016-05-21 22:32:51 · answer #3 · answered by Anonymous · 0⤊ 0⤋
its more profitable & easier to sell parts !
2006-10-17 16:27:19 · answer #4 · answered by Anonymous · 0⤊ 0⤋