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Buying and selling offline
I need some ideas here. For years I've bought and sold cars and even had my dealers license at one point. I'm very good at buying and selling cars and it's a great way to make extra cash. I rarely do a deal that doesn't profit at least 1k and I can usually turn them over pretty fast and it's something I can do with out much effort.
With that said, cars are problematic in regard to space and dealing with titles, so I'm looking for something new that I can buy and sell locally with out dealing with car titles and large objects that take up too much space. I'm curious if others have ideas on something that sells well on the local level as FTF selling goes and still has good profit. I've toyed with electronics, but that's usually too much nickel and dimes. I don't want to screw with stuff that only makes me $50 or $100 bucks unless it's something very easy to buy cheap and offload. With cars I usually buy and sell in the $1500 to 5k range, with $2k to $2.5k usually being the sweat spot on the buy that allows for a easy cash selling point. I'd like to find something similar that I could buy and sell that allows similar profits with out dealing with something the size of a car. Anyone have ideas for me? |
stick with what you know? there are gazillion possible ideas: vintage guitars, tropical fish, horses, dogs, art, antiques, etc
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Wine futures.
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My friend does this and makes a mint. His office is the pub lol.
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It's really not a sliding scale as if buying a $2k car profits $1k and then a $4k car profits $2k. It really doesn't work like that as everything depends on what you pay for the car. You basically make your money when you buy it, because that determines what you make when you sell. I like lower cost stuff in the $2-2.5k range because people whom are trying to buy a car can usually come up with $3 or 4k cash. However the last one I sold was $8,900 and it was a cash sale. The cars are great for making money, but I really don't want to go through the hassle of getting my dealers license again. I can sell a few cars here and there under the table but to do it consistently, I have to be legal with the dealers license again and that's a bunch of hassle and needless money out of my pocket. I'd rather switch up to something I don't need a dealers license to do. |
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meat pies?
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Make a $1000 a week trading cars
ANYONE can do it even YOU!! CLICK HERE and buy my ebook, its the best $25 investment you will EVER make! |
Are you lazy or what? You can make 1-4K a car, but refuse because getting a dealer's license is too much of a "hassle"? Come on, dude... This is lazy man's excuse.
Shit, anything that makes you constant thousands every month takes "a hassle" in the beginning. getting a dealer's license probably being one of the easiest of the "hassles" in comparison. |
:1orglaugh:1orglaugh:1orglaugh so many ideas!
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I'll sell you my secrets.
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For the record this is a old 2014 topic. I ended up starting a ebay/amazon business. Its doing pretty well. |
hit me on the email. do you like working with your hands? not sure if your scary of bees. that is some fun shit. collecting honey and pollen is quick cash. propolis is another product bees make.
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You go up to higher price points you're tying more capital up, you maybe don't move inventory as quickly, you're more noticeable to authorities, you're risking more on each deal and you're not certain of a higher profit amount or margin Actually your margins are generally higher on less expensive stuff |
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He gets you an extra D plate or two and you're set No problem What's the problem There's no problem here |
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Did you give up on automobiles completely ? I was going to agree with whoever said diamonds and jewelry and all |
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Also when you start selling more in bulk you arent going to keep the same profit levels. |
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As for what I sell, on ebay Im doing used clothing, mostly men's. I dont really like that category but its so easy for me to find product and the profits are good. On Amazon I do mostly used electronics. |
Might seem stupid but maybe you should hire someone to work with you on the car idea. Im not talking shop and everything but. A woman that takes care of the little shit like standing in line for that dealers license. Then you can move more than 1 car a week/bi weekly etc.
Then expand into another type. Like someone mentioned Jewelry. Necklaces etc. Buy at a pawn shop and then resell on FB and places like that.. Cars will most likely be more profitable. |
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Im sure it would be pretty easy to set up some regular dealers to sell to and sell several to one place. Im just over the dealing with flakey people and tire kickers. My ebay/amazon is pretty good but honestly I get bored of shit pretty fast and Im kinda bored of ebay at the moment. I will likely put my stores on vacation in a few months to do something else for a while. Money, really isnt much of a motivator for me.. Sure I could go balls to the wall selling cars or go bigger with my ebay/amazon biz but I make enough money and have money in tne bank as it is, so doing something interesting is more important to me than trying to build up some big business. Im the hardest working lazy person you will ever meet. If Im interested in something or its new, I'll spend countless hours of the day working it. However soon as I loose interest I dont even want to think about it much less do it. |
laptops? Expecially if you have a repair man partner....Maybe collectible computers? Just thinking of small items in constant demand. But if you can turn cars over, I'd say stick with it and get the needed papers.
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