2007-08-09 16:41:08 · 3 answers · asked by tino p 1 in Cars & Transportation ➔ Buying & Selling
in CA, if you register more than 6 cars in 1 year and sell them, you need a license. The upside is that you now have access to purchasing cars more cheaply than the public, e.g., auctions, lease returns etc...
2007-08-09 20:27:06 · answer #1 · answered by dgey1 5 · 0⤊ 0⤋
Run www.kbb.com on cars that are on sale in your local newspaper by private owners. Some people have no clue what the true value of their car really is, so you can get a steal "figuritavly of course". If the asking price is close to the Kelly Blue Book trade in value, you have just found your profit center. You could turn around and retail the car and make $1500-2000 if not more depending on the deal you closed with the seller.
2007-08-10 00:52:36 · answer #2 · answered by Oblivious 3 · 0⤊ 0⤋
you find out what cars in location X sell for and how much the same car in location Y sells for. For example. If you buy a car in Texas the going price might be $2000 but if you drive that clean, rust-free car, up to wisconsin - youmight get significantly more money.
it's all about being at the right place at the right time and knowing your stuff. Everyone who is doing this usually knows that they are doing. you have to find out ho to add value somehow.
2007-08-10 05:18:39 · answer #3 · answered by art_flood 4 · 0⤊ 0⤋