how do used cars dealers buy n sell second hand cars to make a profit?

Answer 1

Dealers and private party sellers can often make money buying and selling cars. It is beneficial to find sellers that need to sell their cars immediately. Then, after cleaning the vehicle up and advertising it it is easy for a dealer or a private party seller to sell it for a profit of several thousands of dollars. If you buy and sell for a profit, www.dealyourcars.com

Answer 2

The first main step in buying a car to sell it for profit is research. Find every source of information on what cars sell well in you region. That means, looking at dealerships to see what they sell most, talking to salesmen to see what they think are good selling cars or trucks, looking through classified ads to see what sells in your area, and just looking at what people are driving in your city. The next biggest step is to find a good deal. You want the best deal available. How do you find it? Well, that’s where hard work comes in. Most dealerships get great deals on trade-ins. When you get bigger, you might be able to do it, but for now, it’s out of the question. If you have a dealers license, you can go to auctions and buy cars or trucks. If you don’t have a dealer’s license, you have to find the best deals by looking in classified ads and negotiating prices. Negotiating is a skilled that’s learned and will be very useful when buying and selling used cars for profit.

Answer 3

This is a guess I'm not positive this is the correct answer but I think they probably buy them wholesale and then sell them to you for more then what they paid because when you buy something wholesale you're not spending as much money as you would normally. To be honest I think all car salesman new or used are out to screw people over and do what's gonna put more money in their pocket even when they know they're convincing somebody that the car you're selling to them for $10,000.00 is only worth about $5000.00. Again this is just my opinion not a fact!

Answer 4

Many new car dealers take in used cars for trade ins, but don't want them all on their lot. So they sell them at car auctions which are open to people with a dealer's and resale license. Used car dealers can buy them there.

Answer 5

Buy at a bargain, put some value-added such as some form of overhauling, etc., and try selling them at a higher margin. The value-added car may find itself being exported.

Answer 6

they many times purchase a less expensive vehicle that desires some less expensive artwork. Then they restoration it up for little to othing concidering they have already got the aspects and then upload some grand onto the merchandising fee.

Answer 7

Buy low, sell high. Simple.