5. Sell the cars. Add up the money you've put into the car and what a fair price would be. Set the price so that it's not only fair, but that you're making a profit. List the vehicle for sale on craigslist, eBay, local papers, ad papers, "Auto Trader," and other car magazines. The more exposure you have for the vehicle, the higher the chance that it will sell quickly.
Inception with one or two cars. You might be able to receive this funding with a bank loan, a personal loan from a family member or by dipping into your assets.
2. Boast fair deals on used cars. Asset used cars that desideratum business done, preferably cheap cars. There are a hardly any contrary ways to get-up-and-go approximately this. Evaluation your resident newspaper, advertisement papers and sites liking www.craigslist.org. These are positive places to boast cheap, used cars that may entail some drudge done to them. Favor vehicle auctions very. The U.S Regular Services Administration (GSA) lists local auctions (see Resources).
3. Examine the cars you have purchased. Once you've purchased a vehicle or two, thoroughly examine the cars to determine what needs to be repaired. Make a list of the parts you need and what needs to be done to the car for it to work properly and be worth more money than you paid for it. Purchase the parts you need and fix the vehicles. Keep a record of how much you spend on the cars, so you can set the price to make a profit.
4. Detail the cars to make people more likely to buy them. After you have the cars in great working condition, clean them thoroughly, to make them more appealing to potential buyers. Have the car washed on the outside, clean the windows and wax the car. Then, vacuum the car, wipe the dashboard, doors and consoles down with interior car cleaner to protect them and make the car look better. Make sure the car looks perfectly clean and shiny.
Fixing up and then selling cars is nearly affection "flipping" a crib. You're sell a vehicle to someone who is in extremity and you can bring about a Income on that vehicle very. Provided you're mechanically inclined, you can save a ton of almighty dollar fixing the cars yourself and then cause a Income when you sell them.
Instructions
1. Pay for the cardinal funding. The elementary body you'll obligation is way.
