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/biz/ - Business & Finance


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27584326 No.27584326 [Reply] [Original]

Listen people. I made some money on stocks and crypto so I have enough money to buy second hand cars

I don't want a car for myself. I just want to flip them. /biz/ I can use any tips that could be useful in my venture.

>> No.27584696

Ya, don’t sell anyone a lemon. Even if accidentally you will be held accountable

>> No.27584812

if you flip more than a couple you will probably have to get some sort of dealers license not sure what all is required probably some $$$

cars depreciate like a rock and and are an absolute pain in the ass to work on. most require special tool and diagnostic tools that's why stealerships charge out the ass for a simple fix. unless you're buying cars that just need a nice cleaning you may be able to make a very small amount. book values are easy as hell to lookup and people think they will get the tippy top of retail price for a car that's ben ragged out and needs repairs tires etc.

If you opened your own lot you could make it just off the interest and flipping trades you got half off. niggers buy luxury shit like beaners high mileage with their tax checks put a down payment and default so you repo it and sell it again it's already paid for lol.

>> No.27584869

>/biz/ - crypto and crybabies

>> No.27584939

>>27584326
You'll make more by buying defected used cars, dismantling them and selling the good parts individually.
Sell the rest as recycling resources.
You're welcome.

>> No.27585271

Buy cheap cars in 1st world country, sell it in the 3rd world country. The easiest money ever. Sent tons of cars from Germany to balkans. Made 1k-5k€ per car after taxes and transportation.

>> No.27585516

buy ones that look dirty. Spend 5m going over it with a hose and then sell it for 1k more

>> No.27585991

>>27584696
Lemon? That could be better than selling cars.

>> No.27586378

>>27585271
can confirm
>t. balkan fag flipping from germany

>> No.27586449

>>27585271
I heard about this. Exporting cars. Do I need to have contacts for this? My uncle in Germany was speaking about this.

>> No.27586462

>>27584939
Where do you typically sell the individual parts?

>> No.27586661

>>27586449
Sell cars to Poland

>> No.27586908
File: 291 KB, 1200x722, vw-golf-8-r-2020-07.jpg [View same] [iqdb] [saucenao] [google]
27586908

Shame that nu golfs are soulless

>> No.27586919

Hondas and Toyotas are the only cars with value on the used market in USA, rationally or irrationally. A cleaned up and nice running/rust free late 90s or early 2000s Accord or Camry will still get $3000 on a good day, the same as a 2010 Chevy Malibu or Ford Taurus. You could find a rough version of those cars for $1000 or less and fix/clean it, buy some body panels, etc.

If you want to be like (((them))) for some evil tricks of mechanics in a bottle, Lucas Transmission Stop Slip, Blue Devil Head Gasket sealer, Lucas Oil Stabilizer/stop leak, Lucas Power Steering Fix, to stop all those pesky leaks and noises and pass the car off to a good goy as mint. If you have rusted brake lines just slap compression fittings on and do partial repairs, too. Nobody has time for running new lines, and you got money to make. Who cares about those DOT fines or dead people if the fitting leaks.

Chinese ignition coils and wires are unironically good, though, better deal than Vatozone for the same Chinese shit.

https://www.youtube.com/watch?v=U2t4B6XgLGg
If you want to reach turbo (((them))) status you gotta learn all the gypsy body work tricks to use excessive bondo to unsafely rebuild whole cars. If you're not industrious enough for this, try to catch a gypsy body work scammer when they inevitably come up to you in a parking lot to hustle you and hustle them back by saying you flip cars and could get them a lot of steady work.

Or be a complete degenerate and just write "100" and "does it have cats?" to any shitty looking car on Facebook Market regardless of the list price. Offer to trade a stolen iPhone plus $100 if that doesn't work, too. Then be a big time hustler and cut the catalytic converters off to resell and write that you're a great entrepreneur street nigga on your Facebook.

>> No.27587021

>>27585271
why would car market be more expensive in a poor country?

>> No.27587093

>>27585516
Big brain maneuvers

>> No.27587108

>>27587021
Supply and Demand, baby. No cars = Car valuable.

>> No.27587274

>>27587021
Balkan anon here
It just is, unfortunately.

>> No.27587279

>>27587021
Taxes and less cars exported there by the actual car company. Less people rich enough to own cars in the 80s, 90s, and 2000s, so available supply of cars is lower compared to a wealthier country with high car ownership. Also models in general exported, lower trim levels, in some cases worse crash safety standards compared to identical models in richer countries.

Since people are poor in poorer countries, taxing income isn't a viable way to get money for the government, and tax evasion is rampant, so some countries have high import taxes, especially on cars and vehicles. Some countries it's 100+%, thus discouraging car ownership.

>> No.27587428

>>27586661
I'm googling import export kinda company but couldn't find anything for now. Do you know any site?

>> No.27587541
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27587541

>>27585516
>spend 5 million on a shitbox just to sell for 1k profit

>> No.27587577

>>27585271
got a bimmer for sale but i removed the dpf so balkan is good destination, come and buy it

>> No.27587583
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27587583

>>27587541
You're special aintcha?

>> No.27587683

>>27584696
Not really in USA. Lemon law usually only applies to new cars. and cars otherwise are explicitly sold as is, unless you offer a warranty. Even dealers usually win with as-is clauses. You'd only be able to sue in small claims court anyway.

The only successful lawsuit possibility would be if the customer bought your car and its brakes didn't work and it caused an accident as soon as they drove it home, it caught on fire, etc. Them getting unexpected repairs but that otherwise don't endanger their lives or cause other property damage isn't really something to sue for with the nature of used vehicles and depreciation.

>> No.27587974

>>27584326
>becoming a literal car dealer instead of investing and daytrading
ngmi

>> No.27588324

>>27584326
Mechanics do this shit all the time, if you know how to fix cars you can make decent money. You can dupe clueless people into selling their cars for cheap when they have minor problems, fix it up then sell it.

>> No.27588432

>>27584326
>wasting time around car body and mechanical issues
>wasting time dealing with complete assholes
lmao if you need to flip 2k you can just press a couple of buttons