Quote:
Originally Posted by Sly
Wrong. Sheriff and seizure auctions are known for great deals. The catch is you need to have cash. Even at 50% on the dollar, a car like a Lamborghini is still extremely expensive (plus all of the maintenance and repairs involved.)
|
I would be multi - millionaire in couple years if that was true. Even if I had no money at the beginning (if you can double your investment just reselling I would get the money).
But if that was the case there are plenty of people who can afford a lambo if there is 100% profit margin to be made.
Quote:
Originally Posted by woj
true, I went to a couple of those auctions, prices were slightly cheaper than at a dealership, maybe 20% cheaper... far from anything spectacular...
|
sounds about right, even at that price these auctions would get buyers, buy and sell with 10-15% profit. Double your money - in your dreams
