1. 07-20-13 01:36 PM #1
    Big Bear
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    Anybody here Own a USED CAR DEALERSHIP???

    A buddy and I are thinking about starting one and selling primarily used BMW's that we buy at auctions....

    Anybody do this?


    Any advice you would like to share?
    Last edited by Big Bear; 07-20-13 at 02:03 PM.
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  2. 07-20-13 01:45 PM #2
    Grits n' Gravy
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    Hire mug and pay him in donuts.
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  3. 07-20-13 03:28 PM #3
    Dutch
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    In my 20's I bought cars at Sharpless Brothers auction in Iowa City and flipped them. But I'm talking about paying $600 and flipping them for $1100. I bought gear to teach myself how to paint cars, but I could never save enough money to get serious and then lost interest.

    Buy early 80's Regals, Cutlass', Monte Carlos and Grand prix's...Then throw on some cheap shiny rims and sell them to the bruthas and the white boys who wish they was black for double what you paid.
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  4. 07-20-13 03:30 PM #4
    leetreaper
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    Quote Originally Posted by Big Bear View Post
    A buddy and I are thinking about starting one and selling primarily used BMW's that we buy at auctions....

    Anybody do this?


    Any advice you would like to share?
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  5. 07-20-13 03:46 PM #5
    Carseller4
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    Why do people think they can get good deals at used car auctions?

    The whole idea of auctions is you are bidding against others with the same idea.

    I'd rather sell a fresh trade in any day than a fresh auction vehicle.

    You know what vehicles end up at auctions? Vehicles so bad that dealers no they have no chance of selling them on a used car lot.

    It's not all unicorns and roses.
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  6. 07-20-13 07:07 PM #6
    Dutch
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    Quote Originally Posted by Carseller4 View Post
    I'd rather sell a fresh trade in any day than a fresh auction vehicle.


    Dramatic, exaggerating motherfcuker.

    How the fuk is someone going to trade in a car if you have no cars on your lot for them to trade for.

    Take the half a mil you got in the bank and go out and buy a gang of used BMW's at used retail prices and hope you can sell 'em for a profit?

    No. You start at auctions like pretty much every used car lot in America.

    So many auctions are dealer only...But dealers don't/shouldn't go to auctions?

    The fcuk is wrong with you?
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  7. 07-20-13 07:18 PM #7
    Carseller4
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    Quote Originally Posted by Dutch View Post
    Dramatic, exaggerating motherfcuker.

    How the fuk is someone going to trade in a car if you have no cars on your lot for them to trade for.

    Take the half a mil you got in the bank and go out and buy a gang of used BMW's at used retail prices and hope you can sell 'em for a profit?

    No. You start at auctions like pretty much every used car lot in America.

    So many auctions are dealer only...But dealers don't/shouldn't go to auctions?

    The fcuk is wrong with you?
    Why do you think vehicles are sent to the auction in the first place?

    How many people/dealers are you going to be bidding against?

    BMW buyers are going to be very picky and are going to beat you up for any imperfection. Limiting yourself to high end BMW type cars is not a very good idea.
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  8. 07-20-13 07:23 PM #8
    Dutch
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    I agree that starting with BMW is a daydream...But a brother can make money fcuking with auctions. I was more of a curbstoner when I could buy local cars out of the paper, it's illegal, but so many people don't sign the title..Auctions are different of course.
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  9. 07-20-13 07:32 PM #9
    Carseller4
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    All I know is that I make more money on fresh trade ins than I do from vehicles bought at auction.

    Always been that way.
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  10. 07-20-13 07:58 PM #10
    TheMoneyShot
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    I know a dude who owns a gas station. Arabic of course. Has the fastest resell of a used car I've ever seen. His goal is just to make $500 each time around. What he does is.... gets you talking while ringing you up for your smokes and some fuel. Gets the feel of you. Naturally, his station is in a lower class neighborhood. But tells you hey... you short on cash? I'll give you $1,000 for your car right now. Guy signs over the title.... He gets $1,800-$2,000 for it within 72 hours. He just puts the car right by his gas station sign on the corner. Cracks me up how fast his turnover rate is... car doesn't last more than 1 week at his station. Baffles me on how quick any used car moves.
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  11. 07-20-13 09:49 PM #11
    Smoke
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    Police auctions

    Buy low sell high
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  12. 07-20-13 10:12 PM #12
    Big Bear
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    Quote Originally Posted by Smoke View Post
    Police auctions

    Buy low sell high
    smoke gets it
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  13. 07-21-13 12:25 AM #13
    InTheDrink
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    Quote Originally Posted by Carseller4 View Post
    All I know is that I make more money on fresh trade ins than I do from vehicles bought at auction.

    Always been that way.
    because you work at a shit car lot which is no surprise considering your a total scumbag

    every fukkin dealership is taking trade ins these days and its obvious to everyone except you that they arent just keeping them on their lot
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  14. 07-21-13 08:21 AM #14
    Smoke
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    Drinker gets it too
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  15. 07-22-13 07:27 PM #15
    bb_skoots
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    Learn how to turn back the odometer and forge the titles. Spray the interiors so the flood vehicles don't smell.
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  16. 07-22-13 08:11 PM #16
    easyliving
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    Quote Originally Posted by TheMoneyShot View Post
    I know a dude who owns a gas station. Arabic of course. Has the fastest resell of a used car I've ever seen. His goal is just to make $500 each time around. What he does is.... gets you talking while ringing you up for your smokes and some fuel. Gets the feel of you. Naturally, his station is in a lower class neighborhood. But tells you hey... you short on cash? I'll give you $1,000 for your car right now. Guy signs over the title.... He gets $1,800-$2,000 for it within 72 hours. He just puts the car right by his gas station sign on the corner. Cracks me up how fast his turnover rate is... car doesn't last more than 1 week at his station. Baffles me on how quick any used car moves.
    this is pretty crazy. what kind of cars is he buying? people selling their cars on the spot like that? how many does he get a month?
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  17. 07-23-13 09:31 AM #17
    tony_come
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    I sell used bicycles
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  18. 07-23-13 11:16 AM #18
    Smoke
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    Quote Originally Posted by tony_come View Post
    I sell used bicycles
    Tony I'll sell you a gently used huffy 20" bmx for $20
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  19. 07-23-13 11:55 AM #19
    greenhippo
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    Tony that's a steal

    Tony you can resell that for $30 easy

    Tony
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  20. 07-23-13 12:26 PM #20
    TwoWays
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    I know guy who does this for living. Works for a dealership. Says selling used mobiles lots more than new ones. On the side he goes to auctions twice a week to buy and resell used car, lol. Hook up with a reputable dealership. Then used that reputation to promote your own agenda. lol
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  21. 07-23-13 12:33 PM #21
    Smoke
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    Quote Originally Posted by greenhippo View Post
    Tony that's a steal

    Tony you can resell that for $30 easy

    Tony
    only cause he's my boy otherwise $25
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  22. 07-23-13 04:17 PM #22
    tony_come
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    Smokie let me recycle some cans/bottles for cash

    Thanks buddy
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  23. 07-23-13 05:07 PM #23
    Ralphie Halves
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    Quote Originally Posted by TheMoneyShot View Post
    I know a dude who owns a gas station. Arabic of course. Has the fastest resell of a used car I've ever seen. His goal is just to make $500 each time around. What he does is.... gets you talking while ringing you up for your smokes and some fuel. Gets the feel of you. Naturally, his station is in a lower class neighborhood. But tells you hey... you short on cash? I'll give you $1,000 for your car right now. Guy signs over the title.... He gets $1,800-$2,000 for it within 72 hours. He just puts the car right by his gas station sign on the corner. Cracks me up how fast his turnover rate is... car doesn't last more than 1 week at his station. Baffles me on how quick any used car moves.
    Pretty shocking considering he never looks inside or under the hood.
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  24. 07-23-13 05:30 PM #24
    Smoke
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    Quote Originally Posted by tony_come View Post
    Smokie let me recycle some cans/bottles for cash

    Thanks buddy
    I already recycled them made a killin 10 cents a fukkin can
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