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Originally Posted by xenigo
Fantastic! I'm interested in chatting with you more regarding buying. The old ad technique sounds like a good place to start. I'll also have access to wholesale auctions, which I'm looking forward to trying out.
My primary motive for having a retail location is just to fulfill the requirements of the retail license... not to actually attract street traffic with "JOE'S AUTO BLOWOUT!" signs all over the place. The plan is to generate the traffic online... via Ebay and CL, and similar auto listing sites.
In California, the DMV limit without a license is 1 car per year... they want to regulate anything done "for profit".
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If you don't know much about the mechanics of a car make sure to take a mechanic or someone who knows engines well with you to the auctions. If you haven't already been you will see that most of them are as is type sales. You have a short preview period then you have to buy so you have to make your decision on the spot and you don't want to over pay for something that has some serious motor issues.
If you want I can share some of the tips I learned about when to buy in the classified and how to word ads to get people interested in the car. I can post here if you want or hit me jeff.rust AT gmail.com and I would happy to give you any tips I might have.
Good luck on the business.