Mary shares experiences from 20 years in the auto industry selling classic cars internationally with her husband. Perhaps you have just been to a classic car show, and the idea of buying and selling classic cars appeals to you. The new buzz word mobey «flipping cars. Buying and selling classic cars for a profit is nothing new; my husband and I did this for 20 years. There are two ways to make money from buying classic cars: either buy them and keep them for years, hoping they will increase in value, or buy and sell for a quick profit. The latter is now called «flipping. If you’re like most people with an interest in vintage cars, you have at some point been walking around a classic car. Car shows have fastidious owners, lots of accessories stands, fro in my opinion, a lot of BS you don’t need to know to start mone new business. At the car show, the proud owner stands next to his gleaming car. He tells you the life story of not just his car, but also the model and perhaps the history of the entire fom that produced the car. What you won’t get from him is a good price on a car, so smile politely and look at your watch. Go and buy a hot dog and make your way to the testoring so you can begin your own search for a bargain classic car, one you can buy and sell for a profit. Today, I want to tell you where you will find bargains so you can begin earning from this potentially lucrative business.
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Share best practices, tips, and insights. Meet other eBay community members who share your passions. But That is far and few between Da Nut. Start with ten million and keep spending until you are down to a million. So if you are a seller, you probably will take a loss in most cases. But if you are buying, now is a good time. Very few builders make money or break even, when they do a complete restoration or build. In the past, I have made money and I have lost money, in today’s economy, I wouldn’t build a car to resell for a profit. All three of my classic cars would make money, if I were to sell them today, I’m in them for a low dollar amount. Luckily, I’ve had it for 14 years and am into it for a very low dollar amount.
You make money when you buy, not when you sell.
Discussion in ‘ Shiny Things ‘ started by headhunter , May 15, Log in or Join. Adventure Rider. Dismiss Notice. Become a site supporter for a free shirt and ad free viewing. Restoring a car for profit. What model, what year? I just applied my first auto paint job and am all puffed up with confidence that I could do a restoration on something, then flip it for profit. Where is the most profit possible with the lowest acquisition cost? I’d be limited to about a 5k up front investment. I sure don’t want to be tryjng to deal with rustbuckets.
The Truth About Flipping Classic Cars For Profit
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