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How much do you make going to Car Auctions then selling the car.?
30th September 2011
Question by Nicholas B: How much do you make going to Car Auctions then selling the car.?
Im 18 and i have about 2-3 grand saved up and i plan to get my car auctioning license soon. I was wondering if anyone has theres and does this for a living or has done it before and how much you make off each car and how many you usually sell?
Best answer:
Answer by ElGrande
Go to several first. Get a feel for it.
You have to be careful and have a good sense on car values. At the last few I’ve been to, the prices paid were WAY above what they used to be. There were always insiders driving the prices up. So, anyone wanting to resell didn’t have much to work with…
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2 Comments »
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Actually it’s a very good way to lose money. Buy low, sell high, the profit is the difference.
Comment by oklatom — September 30, 2011 @ 3:09 am
Hey Nicholas,
You might want to start here: http://www.cheapcarhunter.com Thought it might help. Good luck to you!
Comment by No Trouble — September 30, 2011 @ 3:20 am