r/carflipping

ive been doing this 20 years. before it was cool. biggest win is a 2003 Tacoma $3100 in it. fuel pump and a detail. sold for $7750.00

biggest loss. 2013 equinox. $1300 bucks rebuild the fuel system and it blew a head gasket the day after I sold it. lost $200.

i don't count time involved, its just a hobby.

I’m wanting to get into flipping cars and am not sure which to purchase first; 2013 Kia Forte Koup with 80k miles or a 2016 Audi A4 S-Line with 112k miles. Both have no mechanical issues, just need a good cleaning and then can be resold. Maybe change out the headlights on the Koup, but that’s about it.

Thoughts?

so I just hit my limit of five cars a year that I can sell. I’m looking into auction access I saw an ad on Facebook that would give me access to Manheim CarMax auction and two others for $1500 a year. Is that something worth looking into because I’ve talked to them and he’ll give me access the only thing he can’t give me is plates

Hello everyone,

Hope all is well,

I’m thinking of getting into the used car trade, I’m 23 years old and I’ve flipped some cars during my final year of Uni, would you guys say it’s worth starting a used car business and how should i keep overheads as low as possible?

Thanks in advance

There used to be a time when while selling a car especially of FB marketplace or even done deal these days. You would come across a "wanna be" prospective buyers who would ask unusually very few basic questions for a 15k Car. And as you engage they will request to Share a parctular 20-30 euro report from a website completely ignoring the presence of an NCT report and a CarTell report. You could ignore them straight after the request.

Apparently now they have started ringing through local land line numbers. The script is same they are impatient and would jump to push ypu for a report when you tell them you have cartell full report ready.

Just be careful guys. The conman is getting smarter.

#cars #selling

Where are you guys finding deals without having a dealer license. I usually look on facebook marketplace and craigslist daily but some days i don’t find any good deals sometimes takes weeks to land on a solid buy to flip. I know copart and iaa are options but not really looking to rebuild cars. I really want to make this full time but struggling to consistent deals. or should i just open a location and get the license to get access to dealers auctions like adesa,manhiem,etc.
thanks btw im in boston location

I have purchased over 15 vehicles through Copart for years. Recently Copart salvage vehicles are not worth it. To start, having a salvage title already has your price of vehicle couple thousand less than a clean title, once you win the vehicle, plus the taxes.. plus the parts and repair, almost comes out the same as a clean title. Sorry Copart YouTube videos ruined it for people. Too many people bidding

Ever buy shit fairly close to you and the seller never deletes the listing ? I’m in a fairly small town / area compared to cities. You know everyone sees the same car in the same town listed that u bought . Drives me insane lol

How do you sell your vehicle for profit? Do you just fix whats wrong with it and sell? Do you just detail it and sell? Or just plain buy and sell? Im curious what everyones strategic approach is 🙂

Ebay is forcing their Carmel Secure Purchase on all sellers. Previously you could mention that you don't accept secure purchase but now it looks like all transactions have to go through it. Except Carmel wont accept licenses from wholesale dealers or sellers so you are basically barred from selling there. Is there some workaround? Over 50% of the cars I sell are on Ebay. 

How are trucks selling for you guys with these gas prices? I have an 09 ram with 200k+ miles listed for under 4 and have next to no messages on it. Wondering if it’s because of gas or something else. Seems to be decently priced

I’ve been thinking about how different the experience of buying a used car can be depending on who you’re dealing with and, more importantly, what you actually know about the car before handing over your money.

There are plenty of honest sellers and good cars out there, but I’m sure most people who have bought a used car in Kenya have encountered at least one situation where something didn’t quite add up.
It could be a dealer, broker, private seller, imported car, locally used car — anything.

For me, some of the things that immediately make me curious are when the seller can’t clearly explain the car’s history, the mileage doesn’t seem to match the condition, the photos look much better than the actual car, or you’re suddenly being rushed to make a decision because “there’s another buyer coming.”

But I’m more interested in what you have actually experienced.

What’s the biggest red flag you’ve encountered when buying a used car?

And did you catch it before buying, or did you only realize later?

Could be something mechanical, paperwork-related, a suspicious history, a broker situation, hidden accident damage, mileage, import history, financing, anything.

If you don’t mind sharing, mention:

What car you were looking at

The asking price
What the red flag was
How you discovered it
Whether you walked away
And what you would do differently now

I’m especially interested in the situations where the car initially looked like a great deal but something didn’t add up once you started digging.
I think these experiences are useful because “do a pre-purchase inspection” is good advice, but there are plenty of things a buyer can notice before even getting to the mechanic if they know what to look for.

Let’s hear the stories — especially the ones that saved you from losing money.

I sell second hand car parts back home and am planning to travel to Japan for sourcing. Any recommendations on where to start.

Hey dudes !

after making around 1000$ for the first sale here is my 2nd I go get it tomorrow for...5100$ !

I hope to sell it for 6500 without doing anything but cleaning a bit !

Toyota Aygo 2010
130’XXXkm (81000 miles)

4 winter 🛞, 4 summer 🛞

Water pump and service performed earlier this year.

Air conditioning, Apple CarPlay, center armrest, tinted windows.

Any questions about it OR advice ??

https://preview.redd.it/0mhuvi40z6ih1.png?width=1274&format=png&auto=webp&s=7ee6873bcb7bd30bcecf33a4899b66a0a6e9e059