Areyou too busy earning a living to make real money?
Secrets revealed for how to make profits of $300 to $3000 per car when buying and selling used cars
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15 year used car business veteran says... |
"I've been in the car business for nearly
15 years and I still learned a lot from your book. The
info saved a lot of headache, frustration and money. Thanks so much. We are surviving during this recession
using some of the concepts I picked up from your book.
Very well written."
Shad Daily, Utah
|
March 21, 2015
From: Stephen Hobbs
From: Stephen Hobbs
Dear Reader,
You can make good money buying and selling used
cars in small towns, big cities...during roaring economies...and deep recessions...and you can do this anywhere in
the free world.
The really cool thing is that the demand for
used cars is ever-green, which makes the business of buying and selling used cars for profit one of the
few true recession proof
businesses.
How is this possible?
Well, when you buy a new car and factor in the
monthly payments, full-coverage insurance, gas, maintenance and repairs, its easy to see why even a "cheap" new car
costing only $15,000.00 out the door has become totally out of reach for the average
consumer.
So its no wonder that more and more buyers
either can not afford to buy a new car, or they refuse to buy something that will lose HALF its value in the first
3 years!
And due to those factors (and common
sense), the demand for used cars
will never go away.
I’ve received a few angry emails
from people telling me I’m a scammer and full of BS because they say there is “no way anyone would sell a
car for less than its worth.”
Okay, so maybe you don't sell your stuff for
less than its worth, but here are...
9 reasons why people sell
cars for less than they are worth...
1) Seller doesn't know car is worth more: If a seller doesn't know how to price a used car (and few do), then the tendency is to throw an asking price out there based on a guess without knowing if its over or under-priced.2) Seller knows car is worth more but they don't care: People lead busy lives and cherish what little free time they have. That means some sellers don't want to spend their entire weekend fielding phone calls and showing their car just to make an extra $500.00 or whatever. So they sell it cheap and fast just to get it over with so they can enjoy the rest of their weekend.3) Seller is desperate: I don't know about you, but I've faced situations in my life where I was low on cash and had to pay bills...now! Well, sometimes the only way to get out of that bind is to sell something fast and cheap, and sometimes the thing being sold is a car.4) Seller thinks car needs major repairs, but it doesn't: I’ve bought lots of used cars for less than what the sellers could have sold them for because the seller assumed their car needed major repairs...but it didn't. They panicked and unloaded the car cheap because they thought “Oh my gawd, I better dump this pile now before it breaks down and won’t be worth anything!”5) Seller knows car requires minor/major repairs and is open and honest about it: If its obvious a car needs repairs then most sellers know they will have to sell it for less.6) Sellers car needs repairs and tries to hide that from you: Thats not a problem when you learn how to know the difference between expensive and inexpensive repairs.7) Sellers car is stolen and seller will disappear the moment they get your money: Again, you can easily learn how to never fall prey to this kind of stuff.8) Seller doesn't care about making more when selling car: Believe it or not, there are some car sellers that just don’t care about making as much money as they can when they sell their car. Its mind boggling to me because some of these sellers are struggling with low paying jobs and could really use the extra $500.00 or $1000.00 they could have gotten.9) The seller lacks intelligence: I guess you could argue that most of the reasons I just mentioned are due to a lack of intelligence. But hey, its not my place to pass out IQ tests to sellers before I buy their car.
Stuff gets sold all over the world for less than market value.
That stuff includes farm equipment, motorcycles, boats, houses, parcels of land, computers, businesses, toys,
surfboards, bikes, snowboards and a million other things.
The bottom line is that learning how to buy low and sell high is THE
rule for making serious money at this.
And even though the used car business can be really profitable,
and the demand is evergreen...
There are 3 big
issues with the used car business...
1) Crooked Used Car Sales People: The used car industry is populated by many (not all) sleaze bag crooks that would rip off their own mothers to make a quick buck.2) You Need a Car Dealers License: The used car business requires that you have a car dealers license and it can be difficult and expensive in some areas to get one.3) Secretive Business: The used car business has been shrouded in mystery for a very long time -- thus making it a very difficult business to learn.
So lets deal with those 3 issues
head-on...
1) Crooked Used Car Sales People: Well thats easy, just don't be like those guys...be HONEST!2) You Need a Car Dealers License: Hold on their cowboy. Would you be interested if I could show you a simple, inexpensive and totally legal way to have ALL the advantages of operating with a car dealers license without actually having one?3) Secretive Business: Its true that THEY don't want you to know about the hugely profitable used car business, but I don't care what THEY think, and besides...
And who are THEY?
THEY are
the people quietly making hundreds of dollars a day from buying and selling used cars.
THEY are
usually known as used car dealers. Some are licensed used car dealers...and some are unlicensed used car
dealers...but licensed or not...
The thing that matters at this point is
that THEY don't want you to know about the used car business
because THEY selfishly fear the competition...and THEY have been doing a good job keeping
this unique business a secret.
But the reality is that with proper guidance, anyone can make good
money buying and selling used cars...and even if you don't know anything about cars (like me)...because at last
count...there were a staggering 806 MILLION passenger cars and light trucks in the world...and that survey was
taken over 4 years ago.
And what happens to all those new vehicles after a few
years?
Their owners sell them (at a huge loss due to depreciation) and they
too become part of the immense global used vehicle market...that YOU can profit from.
Here is a small sample of a few of my own profitable used car
deals...
Make
|
Investment
|
Sold
For
|
My
Profit
|
Dodge
|
$597.00
|
$2250.00
|
$1653.00
|
Dodge
|
880.00
|
1900.00
|
1020.00
|
Nissan
|
950.00
|
2000.00
|
1050.00
|
Toyota
|
1000.00
|
2600.00
|
1600.00
|
Nissan
|
1206.00
|
2100.00
|
894.00
|
Isuzu
|
1538.00
|
3950.00
|
1766.00
|
Nissan
|
1752.00
|
3650.00
|
1898.00
|
Ford
|
433.00
|
1375.00
|
1268.00
|
Please Note:
- The "Investment" column above was the total cash I had in the cars at the time I sold them.
- My total time involved for each one of those car deals averaged 2 to 6 hours each.
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