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Jul 7 2015 11:55am
So now that i am back home from ND, for good. I had saved up a decent sum of money. Was thinking of some ways to invest it. But i am really leaning towards buying and selling cars again. Trying to keep them priced at $1800ish.. Buy them for a couple hundred bucks.
Would you guys care to list off some good profitable cars to flip? I know a lot of good ones but im open to suggestions!
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Jul 7 2015 12:04pm
Cheap, running tdi vws (mk3 and above). Snipe them for a few hundred and sell for thousands.
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Jul 7 2015 12:04pm
The profit made from flipping cars never really seemed worth it. I guess if you have a decent amount of time and patience it could be a semi profitable hobby
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Jul 7 2015 12:10pm
from where i live, Honda civics and toyota pickup trucks are stupid easy to flip.
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Jul 7 2015 12:14pm
Quote (Epicexecution @ Jul 7 2015 06:04pm)
The profit made from flipping cars never really seemed worth it. I guess if you have a decent amount of time and patience it could be a semi profitable hobby


Kind of this..

I'd make a connection with a local dealership.. They usually give 500 bucks for shit trade ins.. My friend bought a 2004 Honda Pilot with a blown transmission for 800, spent 1200 on a transmission, and sold it for 4000ish.

It's possible
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Jul 7 2015 12:37pm
Quote (ozzyarmy3 @ Jul 7 2015 06:14pm)
Kind of this..

I'd make a connection with a local dealership.. They usually give 500 bucks for shit trade ins.. My friend bought a 2004 Honda Pilot with a blown transmission for 800, spent 1200 on a transmission, and sold it for 4000ish.

It's possible


Definitely possible. But it's also possible to buy a car, spend some time and money on it, and then have to sit on it for X amount of months because you can't sell it.

I'm not the patient type so wouldn't really work out for me haha
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Jul 7 2015 12:40pm
my first car was a 99 camry, i bought it for 3k, totaled it, and got 4100 from insurance... second car wasa 1969 baja bug, bought it for 1850, spent about 900$ and sold it for 3150...

its possible but you couldnt be self-sufficient with it unless you spent way more money on the vehicles themselves, like take a 12k classic shell and spend another 12k and sell it for 30-35k kind of thing...
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Jul 7 2015 12:52pm
Quote (Epicexecution @ Jul 7 2015 06:37pm)
Definitely possible. But it's also possible to buy a car, spend some time and money on it, and then have to sit on it for X amount of months because you can't sell it.

I'm not the patient type so wouldn't really work out for me haha


Yeah, in order to actually make money on it, I feel you need either patience or a lot of capital to begin with. My friend was also the service manager, so he delt with the customers with shit cars.
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Jul 7 2015 12:54pm
Quote (Epicexecution @ Jul 7 2015 10:04am)
The profit made from flipping cars never really seemed worth it. I guess if you have a decent amount of time and patience it could be a semi profitable hobby


Well thats the thing. Right now i am Laid off from work so i got PLENTY of time. I'm Looking for work back in my hometown in Idaho. And collecting unemployment. I figured it would give me something todo. That and im really wanting to learn body work. And i figured doing it to some car im gonna sell anyways would be great practice.
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Jul 7 2015 12:55pm
Quote (TheBroodwich @ Jul 7 2015 10:04am)
Cheap, running tdi vws (mk3 and above). Snipe them for a few hundred and sell for thousands.


The VW's seem to sell here. Maybe thats a start :)
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