1) Part-time – Full-time – Anywhere: You can make good money on a full-time basis or in your spare time when buying and selling used cars. You can do this in small towns or big cities – and you can do this anywhere in the world.
2) New Car Buying verses Used Car Buying: When you buy a new car and factor in monthly payments, full-coverage insurance, gas, maintenance and repairs – it’s no wonder why even “cheap” new cars costing only $15,000.00 are totally out of reach for most buyers.
3) New Car Depreciation: The average new car loses 60% of it’s value in the first 5 years (Source: Edmunds.com). This is why a huge percentage of car buyers never buy new cars and choose to buy used cars only.
4) Perpetual Demand = Recession Proof: Unaffordable new car prices and horrible depreciation are why the demand for used cars is perpetual and that’s also why this is a true recession-proof business.
Avoid Get-Rich-Quick Scams: I’m embarrassed to admit this, but I had to learn the hard way that “get-rich-quick” is bogus – and that mistake cost me a lot of time and money too. The old saying: “If it sounds too good to be true then it probably is” is still as valid as ever.
Reduce or Eliminate Trial and Error: There are lots of money-making plans being peddled by scammers that have never actually worked the business plan they are selling. Avoid them like the plague and learn from those that have done what you want to do.
“Hello Steve, You really helped me in so many ways. I didn’t know much about cars, but so far I made $3000.00 on my three attempts! Thank you!” -Steve, Pergentino, Adelaide, South Australia
“Hi Stephen, I have been doing this buying and selling stuff for around 2 months now. The last car i bought was a mitsubitshi montero 1996, which cost me $2000.00. i got around $2300.00 profits in less than a week.” -Jose Estevez, USA
“It was sold last week with a total profit of £400 ($600.00 USD) in my purse! This has definetely given me confidence boost. Your continual advice and support has helped me tremendously.” -Ayesha Hussian, England
“I bought a rough running Corolla wagon for $250.00. Spent $50.00 on it and sold it on the first day advertised for $550.00. I made a $250.00 profit with only a few hours of work. I could have gotten more but wanted the cash for more deals.” -Peter Jarocki, Australia
“Steve, here’s the breakdown… I made $1600.00 on the Geo and sold it in 6 days. A nice set of tires and rims and a bike rack came with the Jeep and they should easily bring an extra $300.00. With the tires and rack, that’s a total profit potential of $2200.00 on the Jeep.” -Dan Collins, Alaska
“I just bought an Eagle Summit at auction for $900.00 and sold it for $2750.00 with only three hours work and getting a new exhaust manifold pipe installed. That was an $1850.00 profit.” -Peter McCaffery, British Columbia, Canada
“Hello Steve, I got a story for you… There was a 1999 black Dodge Stratus for $1500.00. I sold it for $3200.00 six days later. PROFIT $2553.00! I found a 1989 Jeep Pioneer 183k (wow) for $1400.00 or best offer. I offered $700.00, they countered with $900.00, I said $800.00. DEAL-DONE! I sold it for $1300.00 CASH. $500.00 profit in three days–you cant beat that!” -Hector Boyar, Chicago Read more…