Today’s topic is all about Car Flipping Profits! $5,000 in 5 Days?
I want to talk to all of you about a car that I got from an auction sometime back. Again, I only recommend you to go to auctions if you know how to bid and buy. If you start buying using your emotions, you’re going to end up bidding and spending more than you need to.
One of the easiest flips that I have done was a Subaru Forester. I bought it at an auction for $3800. It needed a quick paint job so I put around $200 on it.
I bought it at an auction on a Thursday then put some work on it the next day. On Saturday, I posted it up online. I got a call on Sunday and the guy wanted to take a look at it.
I met the guy on Monday and negotiated me down from $9500 to $9000 so I made $5000 in profit within days. It’s a good feeling when you know you can bring in cash like that. It really is an awesome feeling.
With the profit I made, I can invest in other cars to make more, save half of it or invest in other business. Making $5000 in a couple of days is possible. It really is. Keep searching for deals that will allow you to make a couple of thousands of dollars in profit. This is a numbers game.
The more cars you scout, deal with and negotiate, the more you’re profit you’re going to get. Danny D, one of our F1 VIP members can attest to that.
He made $8000 in profit from three car flips after going through the F1 AutoCashFormula VIP Program. Congratulations, Danny!
Question: Where do you post your cars? [8:55]
In the United States, the major online advertisement is Craigslist. You need to pay in some cities while some are free.
For those who are living outside the US, you may want to try Kijiji, Gumtree and some other sites. You need to figure out which one is the biggest online advertising site in your local area.
Watch last week’s video as I showed how you can gauge the market and figure out where to price your car when you get a deal.
A lot of people email me that they can’t find a deal on Craiglist. But, when I check it out, I literally find a couple of deals in about 20 minutes.
Question: How do you know what a deal is if you don’t understand the value of what you’re looking at? [13:19]
Exactly. You have to start doing your market research, checking Kelley Blue Book and looking at the trade-in values.
I cover everything about this in step-by-step instructions in the F1 AutoCashFormula VIP Program. I’m sure a lot of people find success in this business because they follow the formula that I have laid out in the program.
For those of you who want to start making profits through flipping cars, grab your FREE Report and learn more about the strategies that I do through my years of experience.
Success only comes if you are consistently finding deals. You have to train your eyes in seeing deals and get familiarized with your local market. You need to know what cars sell and what don’t.
Question: I bought a car at an auction and found out that it has a blown motor. [16:21]
That’s why I don’t recommend you going to auctions if you are new to this game. You don’t know what you’re buying. They don’t allow you to inspect the cars like they used to.
It’s Tony from F1 AutoCashFormula 2.0 – How To Buy And Sell Your Cars. Thank you everyone for joining me today. I want you guys to succeed as well. I hope you liked the show today. Please Like, Share and Subscribe to my video.
Talk soon! Cheers!
Tony
Other Helpful Links:
Flipping Cars – How Much To Price Your Car At in The Marketplace?
Why and How People FLOAT Car Titles When Flipping Cars for Profit
Flipping Cars for Profit – So Easy Your Grandmother Can Do it (Make Money Selling Used Cars!)
How To Make 5k a Month Flipping 2 Cars
Flipping Cars for Profit Live – The Secret To Making Money Buying and Selling Cars