Advice on flipping used cars?

First, many of the cars on Craigslist is not as advertised and requires a thorough examination before purchase . You did not mention how much experience you have auto mechanic . It is also necessary to check the VIN and car game to avoid buying a stolen vehicle or significantly altered . Then there are vehicles built from parts crashed , usually called a " salvage title " a vehicle
worth much less money . MedlinePlus Finding quality vehicles at a low price and fixing minor things , along with a good cleaning is often a great way to make money . Just avoid the pitfalls mentioned and any " check engine light " - emission controls can be costly to repair and may indicate a more serious problem . You also need to make sure that the check engine indicators are working properly . MedlinePlus MedlinePlus Another thing to consider , many states have limits on how many vehicles can be sold in a calendar year , for example a number like 5, before you are considered a dealer . If you have a license or not. Being a distributor entails certain security guarantees in some states, although you do not have a license , a judge might find you are a trader only by the number of transactions per year. MedlinePlus MedlinePlus Good Luck .

Its not going to work . the Magins are too low , and if you do it legally , you have to pay sales tax on every car that passes through their hands . MedlinePlus MedlinePlus So unless you're a mechanic of buying cars that arent running very cheap .. find a new career