how do you flip cars for profit?
Well theres a autopac auction every week where i live ( canada, winnipeg ) and theres around 450 cars, most get sold for 150- 600 dollars, i know theres an advantage if i can make it work. But it'll have a salvagable title i think, is that bad? or maybe i could buy a shell of a honda, and just buy the counter part car at a auction and scrap it for parts, then throw the car away? how do you do it?
My brother's been flipping (reselling) cars for over 7 years and he always looks for models that have demand, including those that are a little hard to find.
That way he can be sure to get it off auctions and resell it for a higher value to performance car enthusiasts and modders.
Japanese cars usually have the highest resale margin because you get them in better quality and they also have fewer miles on them. Cars like Nissan Skyline, Mazda RX7 and Toyota Supra are good for resale deals.
