If you have $7000 burning a hole in your pocket and a passion for flipping cars, then a dealer auction may be the perfect place for you to invest your money and potentially turn a profit. With a little bit of knowledge and some luck, you could go from flipping a $400 car to driving home in a Ferrari.
Dealer auctions offer a wide variety of vehicles, from basic economy cars to luxury and exotic models. With $7000, you can expect to have a good selection of cars to choose from, and potentially find a diamond in the rough that can be turned into a profitable flip.
One strategy for finding a profitable flip at a dealer auction is to look for cars that are in good condition but may need some minor repairs or cosmetic work. With $7000, you can afford to buy a car that needs a little bit of work and still have enough money left over to cover the cost of repairs and make a profit.
For example, you might come across a decent used car at a dealer auction for around $3000 to $4000. With the remaining $3000 to $4000, you can invest in repairs and upgrades to increase the value of the car. This could include things like new tires, a fresh coat of paint, or fixing any mechanical issues. Once the car is looking and running like new, you can sell it for a higher price and potentially double or even triple your initial investment.
Another option with $7000 is to look for a higher-end car that may need a little more work, but has the potential for a bigger return on your investment. While you may not be able to afford a Ferrari with $7000, you could potentially find a luxury or sports car that needs some work and turn it into a profitable flip.
One important thing to keep in mind when buying a car at a dealer auction is to do your research and know what you’re getting into. Make sure to inspect the vehicle thoroughly, check the vehicle history report, and be aware of any potential issues that may affect the value of the car.
In addition to the cost of the vehicle, it’s also important to factor in any additional fees and expenses associated with purchasing a car at a dealer auction. This could include things like auction fees, transportation costs, and any repairs or upgrades you plan to make to the vehicle.
While there is certainly a level of risk involved in flipping cars, with careful research and a keen eye for potential opportunities, you could turn $7000 into a profitable investment and maybe even find yourself driving home in a Ferrari. So if you have a passion for cars and a little bit of money to invest, consider checking out a dealer auction and see what kind of flipping opportunities you can find. Good luck and happy flipping!
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Man I love this channel.
Don't cut the top off vehicles. Are you crazy?
I will never invest in stocks, I'm all about investing in gm
"iTs An AuToMaTiC" "iTs CoOl On ThE oUtSiDe" automatics sell better than manuals…and I'm a manual guy…but as i get older i appreciate automatics more.
I’d be willing to bet she did some hitting on him too.
On the laser appraiser app all you have to do is scan the Vin on the Vin plate of the vehicle?
its not a chrysler engine. jeep was sold to Fiat in 08 when they got the federal bailout
Gm vehicles are cheaply made purely because of greed
Your dad is awesome dude. And love the swag, the red jacket is fire
T/A is trans American muscle
Hello I wish I could send a dm! an email or other contact would do, please . Thanks!
Then buy supra its toyota
Love ur content
Cars year plz
Help me buy a car I don't have much money but I would like to be the best decision.
This video is lame
I need ford taurus 2007
Wolf in sheep’s clothes this Holden .
you are an american and you have some arabian's talent blablablabla stop talking keep given advices
This channel is way too cool. You guys are great having fun doing business with awesome vehicles.
How much did he pay for the Jeep Wrangler?
Saludos desde Panamá.
Just found your channel and subscribed. I’m gonna go searching for the cleaning of this one.
That auction center is auctioning their vehicles for wayyyy too much.
Kost me at buying a Bentley.
God we get it you started with 400$, god this is unwatchable stop just rambling
shouldve just got the z06……the base will never be the same
Why is it a srt brake on a R/T
how could you buy a car without even looking the interior?
Great video! Learned allot! I’m here in the Bahamas looking to start flipping cars too!! I’ll keep following you!
I want to learn how to do this
12:55 is so true man. All you have to do is spell a word wrong like "hippopotamus" and you would have a lot of replies correcting you and some of them going as far as insulting you for it smh.