I flipped cars for a few years. Im a pretty good diy mechanic.
The amount of people who cant be bothered scraping off stickers, and giving a car a good detail astounds me. Take the car home, wash it thoroughly, detail the engine bay and interior, and if you have the skills change the oil, air filter and coolant. Those were usually good for a few hundred per flip but the bar to entry is low, anyone can do that.
Also buying cars with 4 steel wheels with bald tyres and finding a set of cheap alloy wheels with good tyres that someone was flogging off were also a good flip if you could find the wheels and tyres cheap and negotiate the car down. “Mate a set of tyres is $600” when you can find a legal set on nicer wheels for $200.
The best ones were nice cars with 1 big problem, “needs a new clutch” or “blown head gasket” made a few grand off those usually because I could spend as long as I needed to to do the job on the cheap by myself.
In Australia the limit is 4 per year before you have to apply for a motor vehicle traders licence, but thats per person. The official paperwork on a few of mine may or may not have have had my flatmates details.
Im curious as to how they figure out the difference between title flipping and just some guy selling a car.
I flipped cars for a few years. Im a pretty good diy mechanic.
The amount of people who cant be bothered scraping off stickers, and giving a car a good detail astounds me. Take the car home, wash it thoroughly, detail the engine bay and interior, and if you have the skills change the oil, air filter and coolant. Those were usually good for a few hundred per flip but the bar to entry is low, anyone can do that.
Also buying cars with 4 steel wheels with bald tyres and finding a set of cheap alloy wheels with good tyres that someone was flogging off were also a good flip if you could find the wheels and tyres cheap and negotiate the car down. “Mate a set of tyres is $600” when you can find a legal set on nicer wheels for $200.
The best ones were nice cars with 1 big problem, “needs a new clutch” or “blown head gasket” made a few grand off those usually because I could spend as long as I needed to to do the job on the cheap by myself.
In my state title flipping is a felony…
In Australia the limit is 4 per year before you have to apply for a motor vehicle traders licence, but thats per person. The official paperwork on a few of mine may or may not have have had my flatmates details.
Im curious as to how they figure out the difference between title flipping and just some guy selling a car.