Buy, Detail and Resale?

David Fermani said:
Buy $2500-$3000 foreign cars. People pay top dollar for Hondas/Toyotas even if they have over 100K on them.



Altered-Image said:
There is no such thing as a toyota or honda with under 100k for $2500-$3000 up here in maine. It just doesnt happen.



David Fermani said:
I never said under?



Have you nothing better to do than to argue over 1320 feet?



jdoria said:
I'd like to meet one dealer that still can pull $3k out of a retail used unit under $10k. That hasn't been done regularly in almost a decade. The internet killed it.



I see you've been keeping track of every retail dealership in the country's sales for the past decade?



Next time you're in Maine, look me up, I'll introduce you to a handful of them within a 20 mile radius that do it on a daily basis - retail.
 
David Fermani said:
Huh? I'm not understanding your humor.....



1 mile = 5280 feet



i was thinking tenth, the last digit oin the odometer, and im not trying to be funny, its not humor. My point it, you said even if theyre over 100k miles and i said you cant find one under 100k for the price you mentioned....in other words- dont plan on finding one under 100k for that kinda money because on that budget a honda or toyota with well over 100k is all you're going to get.
 
Go to Autotrader.com and do a 100 mile search for Hondas/Toyotas/Mazdas etc. and select less than 100,000, less than $3000 and use 34957 as the zip code. There's a bunch that come up. Maybe not in your area, but there's plenty down here that surface every week.
 
I'd think a darker coloured car would help your goals too. A nicely cleaned black or red car always stands out much for me than a silver or lighter coloured car.

__________________

Brad

1998 Civic Si - black - the gas pumps don't hurt as bad!



I said the same thing to my wife when I first mentioned this idea. A black '98 Civic Si might be the perfect candidate. :har:



I recently just did this last month for the first time. I bought a 95 honda civic 2dr for $1500, it had 110k on it. I did a small tune up, oil changed, plug, wires, air filter, then smogged it. Then i detailed it, turn around and sold it for $3200 the next week. I made a decent profit and it was kinda fun to do. Ill porb do it again towards the end of a month, most likely another honda.



That's exactly what I'm talking about. I've owned 4 Hondas so I'm leaning that way too.:2thumbs:





I am only talking about a few cars a year. I would be doing it more for the challenge and the fun than for the money. I like hobbies that turn a profit. Over the last 4 years I'm up about $9K in online poker. Detailing cars is better exercise than online poker.



Thanks for all the responses. I would be very interested to hear more results from novices like me. Let me hear the good and bad from 1st time auto flippers.
 
bufferbarry said:
now there is 32 lanes lol to correct ya jdoria! it got even bigger!

'

they run the high line sale every other thursday now there is no big highline sale! the spring sale is coming!



60 seconds lmao i remember them days now its about thirty seconds! last friday they ran 9,000 cars on a normal sale!



32 lanes, wow. I havent been there in 7 years. The fact that high-line is 2x per month just demonstrates how F'ed up the credit market was. Did EVERYONE lease a Porsche, M-B, or BMW?





Adesa is like a 3/4 scale Manheim. They are all over the country.
 
Didn't realize there were so many people on Autopia with wholesale and auction experience aside from just detailing.



Manheim and Adesa in MA and Southern in CT, signing in!
 
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