Figuring Out What To Pay For A Used Car When Flipping Cars For Profit

How To Easily Get Your Dealers License in 21 Days or Less Right Here: http://www.get-your-dealers-license.com Join the F1 VIP Now: http://howtobuyandsellyourcars.com/join-f1-now/ Read the Blog Here: Figuring Out What To Pay For A Used Car When Flipping Cars For Profit: http://howtobuyandsellyourcars.com/figuring-out-what-to-pay-for-a-used-car-when-flipping-cars-for-profit/ Question: Here in Houston Texas, the prices of cars I found on Craigslist are as follows: Honda Accord LX.2003 = $2,900, $3,600, $4,500, $2,995, $3,999, $$4,499, $3,100, $2,600, $3,000 respectively. What kind of offer will I make to the sellers? How do you figure out what the right price is? The Kelley Blue Book Trade-In Good Value for the above car and year is: $2,100. Please I need you to help point me in the right direction as regards what to offer for the cars I found on Craigslist. Blue Book just gives you an overall price range. It is not set in stone. The reason why I like to train you guys to look at the blue book is because that’s where your buyers are looking. You need to know what your buyers are looking and comparing you with. Blue book doesn’t consider vehicle-specific demand in any geo location. The market decides what a vehicle is worth. There are many reasons to determine a final value of a product. Condition of the car is one and mileage is the other one. Each car has its own value. You can’t just look online. You actually have to go and look at the car. Call the person up and find out the car’s condition. Is it beat up or not? Condition and mileage. Always take these into consideration. Also, you want to use the Craigslist, the distributing channel to research the market you’re in. Spend the week on it, just looking at vehicle prices. You can do what my father always did. He always sat in about five to ten cars. He always asks top dollar because he always wasn’t in a rush to sell. He would sell less, but he would get a higher price. It depends on your business model. You could sell less but at a higher price like my dad. My model was make a good amount of money, but get to the next deal. My business strategy was volume. Question: What are the brands or cars to avoid? The question you should be asking is, what cars do you want to stick with? I say, Asian cars. Asian cars are very, very good, unless you like a specific brand, make and model which you know so much about it, then stick with that car you are very familiar with. Get the FREE Bikini Report here on how to buy and sell cars for profit: http://howtobuyandsellyourcars.com/ Join the F1 VIP Now: http://howtobuyandsellyourcars.com/join-f1-now/ Learn More How You Can Get A Dealer License To Buy And Sell Cars For Profit. Check Out http://www.getyourdealerslicense.com F1 Course and YouTube Disclaimer: http://howtobuyandsellyourcars.com/course-and-youtube-disclaimer/