Real cheap way to get into buying/selling cars

[Syonara_G60Style]

So I happened upon this site awhile ago......www.autoincome.com

Which says it offers A Dealer license, dealer plate, dealer only auto auction access $499 per month



And looked into it a bit. Needless to say I was rather skeptical. Looked into it a bit further, and actually found out its legit. Plenty of referrals, and happy "partners" as they are called.


Just figured I'd throw this out there to anyone that was interested in buying/selling cars, since this is TCL and all


A Dealer license, dealer plate, dealer only auto auction access $499 per month from AutoIncome.com.



Anyone else do something like this? Borrow a friends licence? How'd it work out for you?

[deagle]

sorry, upfront costs, and MLM are just scams

its similar to a pyramid scheme in some ways

[Brendan@bwalkauto]

Don't get into the used car market right now. It's a total pain in the arse at the moment. Unless you've been doing it for awhile and have a lot of business sense when it comes to used, you'll have a very tough time making money.

I looked into starting a buy here pay here a few years ago, and while it seems super easy on paper, acquiring good cars right now is a total pain.

And capital. You'll need lots of it. I currently have 106 cars in inventory, on an inventory cost of $1.792 million. I have 7 units that are aging (46+ days in stock), and that inventory amount is $120,000 alone. Flooring costs get out of control unless you turn quickly, which is hard to do unless you know how.

[Numbersix]

Don't get into the used car market right now. It's a total pain in the arse at the moment. Unless you've been doing it for awhile and have a lot of business sense when it comes to used, you'll have a very tough time making money.

This.

I was chatting with the brother of a friend last weekend...he owns a BH/PH lot. Says that is has become increasingly difficult to buy decent cars at auction for prices that he can afford. Unfortunately this means that what's left in the lower cost traunches is generally crap, and he ends up getting bit more frequently than they used to.

[zaYG]

I'm thinking of just buying Subarus with blown head gaskets and having a buddy of mine fix them for cheap. Quick work and I could make a big profit here, plus there is no need for any dealer license or anything when you're moving one car at a time.

[Benkennedy11]

I'm thinking of just buying Subarus with blown head gaskets and having a buddy of mine fix them for cheap. Quick work and I could make a big profit here, plus there is no need for any dealer license or anything when you're moving one car at a time.

That, my friend, is called curbsiding, and it's illegal.

That said, I knew a guy who did it, and he made enough money here and there (usually with pickup trucks and Suzuki Sidekicks) to support his offroading habit.

[MAC]

And looked into it a bit. Needless to say I was rather skeptical. Looked into it a bit further, and actually found out its legit. Plenty of referrals, and happy "partners" as they are called.

LOL. All pyramid schemes claim plenty of happy "partners".

Why not just do Ignite energy if you want to be in a pyramid ? At least with that you don't have to go find product.

[zaYG]

That, my friend, is called curbsiding, and it's illegal.

That said, I knew a guy who did it, and he made enough money here and there (usually with pickup trucks and Suzuki Sidekicks) to support his offroading habit.

I'm not really too worried about breaking the law to be completely honest. I wouldn't be moving the amount of vehicles that it would be a big deal anyway. I'll probably actually keep the vehicles around for a little while to use them as daily drivers for a bit anyway.

[oh noes! cars!]

I'm not really too worried about breaking the law to be completely honest. I wouldn't be moving the amount of vehicles that it would be a big deal anyway. I'll probably actually keep the vehicles around for a little while to use them as daily drivers for a bit anyway.

Also you can't help that your girlfriend, mother, brother and father all buy broken subarus too

[zaYG]

Also you can't help that your girlfriend, mother, brother and father all buy broken subarus too

True!

Besides, in New Hampshire, when you buy a car, you don't have to transfer the title to yourself unless you register it as well.

[spitfirevr6]

One way to go if you have the skills and connections is to buy cars that are in great shape with one major thing wrong (motor, trans, etc). they are usually only about 1/3rd of their kbb value.

A mechanic friend(30 years experience, currently a shop manager so gets cheap motors/trans/body work) and I were thinking about it since you can legally sell five cars per year without a license,and between me, him, my gf, and his we can legally sell 20 cars per year.

[Syonara_G60Style]

No, it's actually not a scam. I didn't want it to seem like I was plugging the company, but I'm already doing it through there......

Licence/plate/etc all went really well.....

[vdubdave]

I'm thinking of just buying Subarus with blown head gaskets and having a buddy of mine fix them for cheap. Quick work and I could make a big profit here, plus there is no need for any dealer license or anything when you're moving one car at a time.

Unless you want to get into gray areas of legality, then you're almost certainly limited to the number of times you can do this per year. I think it usually varies from 0 - 5 vehicles per year depending on which state you're in.

[pknopp]

That, my friend, is called curbsiding, and it's illegal.

That said, I knew a guy who did it, and he made enough money here and there (usually with pickup trucks and Suzuki Sidekicks) to support his offroading habit.

Illegal? I don't recall the exact number but I can legally buy and sell something like 7-8 cars a year.