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asphaltgambler asphaltgambler is offline
Still Doin Time
 
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Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
I did E30 bmw's a lot a few years ago. There was a stretch where I did 6 cars almost back to back and did very well. Then the supply of decent cars started to wane................then the economy hit.

Last year I found a string of z 3's that were almost back to back flipping. Out of 4 cars I netted @$5500 after all expenses. Two were home runs. One I did ok. The last I only netted $800 - of course that one needed the most work and time!!


Flipping cars of any kind, just like any other investing, takes dedication, knowledge, persistance and descipline. My basic formula: Buy a veh with the right options and color combo under market - fix it properly, make it shine, make it a no excuses ready-to-drive and price it to sell under market. Present value AND underpricing............an irresistable combo
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'15 Dodge - 'Dango R/T Hauls groceries and Kinda Hauls *ss
'07 Jeep SRT-8 - Hauls groceries and Hauls *ss Sold
'85 Guards Red Targa - Almost finished after 17 years
'95 Road King w/117ci - No time to ride, see above
'77 Sportster Pro-Street Drag Bike w/93ci - Sold
Old 03-12-2012, 08:58 AM
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