The Lazy Way To Buy And Sell Cars

Salvage cars purchased from U.S. salvage auctions are selling for a premium outside the U.S. in countries where few can afford a new car.

Salvage vehicles are vehicles declared total losses by insurance companies because the repairs would cost more than 80% of the vehicles current retail value.

The high demand for salvage vehicles has helped to double the price at auctions but most still sell for less than $2000.

I don’t recommend buying and selling cars with salvage titles if you’re going to sell them within the U.S. because potential buyers usually freak out and run away with their hands in the air like little girls when you whip out the title and they see the words ”salvage title” on it, but with the weak dollar here, these same vehicles sell quite well when exported to other countries.

For example,  Lithuanians want Lexus and in Poland they want Nissans, Toyotas and Subarus. Ford trucks are in high demand in Mexico and Central America, and they love four wheel drive trucks too.

Salvage vehicles are selling for as much as $3000 at salvage car auctions but even with shipping costs as much as $1000 the deal can still make sense because repair costs are much less outside the U.S.

To export salvage cars for profit could be an incredible revenue stream for you, especially if you have a trusted friend or relative in the country you want to export to, however, I don’t recommend anyone buy and sell used cars without first gaining the knowledge in how to do it. Obviously, right?

Check out this link to find out more on how to export salvage cars for profit.

It used to be that when I was selling a used car that I would let the potential buyer take the car on a test drive without me being with them. Yeah, I’m the trusting type, but I don’t do that anymore.

Here’s a good reason why you should go with potential buyers on the test drive…

This car dealer had a used Nissan Skyline GT-R for sale on his lot that had just been imported from Japan. Some one came in to look at it the week before but the test drive ended abruptly because it started having a mechanical problem.

So the next week the guy comes back in to check it out again at a moment when the car dealer is busy with other customers. The car dealer forks over the keys and lets the guy test drive the used car without him.

And you guessed it…   The car never came back!

It turns out that someone posted the details of the theft on a car forum and then someone spotted the car and took a photo of it…with the thief in the car looking right into the camera!

The Nissan Skyline was easy to spot because it looks unusual and has a right hand steering wheel.

Then a forum member identified the guys photo in facebook.com and soon after someone else saw the car and tailed him right to his home where they called the owner of the car, blocked the guys driveway so he couldn’t leave, and called the police.

Don’t you just LOVE the internet! 

And the moral of the story is…

When you are buying and selling cars for profit…ALWAYS go with potential buyers on the test drive!

Steve

Welcome to my world of buying and selling cars for profit. This is my new blog. I changed hosts for my site www.Buy-And-Sell-Cars-For-Profit.com recently and dumb me didn’t realize that I would lose all my previous blog posts. Oh well, time to start over.

My next task is to figure out how to make my new blog here have the same look and feel as my main site.  I’m not a big techie type so bear with me as I grope through this process.

Also, please check back often as I add updates that will actually relate to the subject of how to buy and sell cars for profit. Whoa, imagine that!

Thanks!

Steve