The other day I was at my sister-in-laws house and as I drove up to their house I noticed he had a BMW sitting on the driveway. Her husband ever since I knew him had always been the type that is always looking for ways to make money.
I walked towards him while he was coming out of the garage to greet me. I asked him about the car and he told me about Finding A Good Used Car Dealer GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 how he bought it and plan to sell it again for more. He told me that the car was already on Craigslist and that a person is already coming to see it.
He told me that he learned about buying and selling cars through another friend of his who is making money hand over fist. He decided to get into the opportunity and has already sold three cars before the beamer and already had GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 a significant amount of cash.
Being the good guy that he is we sat down and he began telling me the process. I let him talk because the opportunity looks like a money maker.
I will try to break down the process on how he explained the buying and selling cars for profit.
Start up Funding
First before you could get into this business and buy your first car to sell you will need to get some Hustle 101: Learn to Buy and Sell Used Cars for Profit GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 start- up capital. Usually the amount of money you will need is about $3,000 dollars. The reason for this number is that you will have a better chance finding a car to buy for that price that will be in decent condition.
Which Online Classified Ads Site to Use
Now that you have your start-up capital you will need to go to the classifieds and look for deals. From what my sister-in-laws husband was telling GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 me that Craigslist is the place to go to shop around for a car. Craigslist is one of the easiest online classifieds ads to use. People tend to sell everything there. The Craigslist ads are constantly being updated every day so believe me you will find something decent to buy.
Whats Better a Dealer or Private Owner
Once you have found the car you want to invest in the next thing is to find out GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 whether or not you are dealing with a dealership or private owner. Personally I would rather deal with the private owner than a car dealer. The reason being is that with a private owner you are speaking to a person who wants to sell their car and the quicker the better. Also you could be able to negotiate a price that at times could be lower than what the private owner was asking GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 for.
The dealer on the other hand has no special interest in helping you get a good deal. Sure they can claim that they are looking out for you but in reality they have don’t care if you buy it or not as they do not have a personal stake in the deal. Try negotiating price with a dealer and it is like pulling teeth! They hardly if ever let a person walk away GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 with a lower price. They always get you in one form or another.
Never Pay the Online Advertised Price
Now comes the part where most people have a little confusion with. You see negotiating is good when you do it right. By that I mean if you want to pay a lower price do not give out low ball figures. This will make the owner of the car become defensive right away and most GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 likely you will not get the car for that low ball price. Believe me the owner has had many people come view his car and has tried low balling him. So do yourself a favor and do not do that.
What I suggest is that you do negotiate with the owner but be fair on the price. For example if the car is you are looking is $4,000 the owner might bite if you GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 negotiate the price to $3,000. Try to negotiate in increments of 500.
If the price negotiation does not work out to your favor then step down shake the man or woman’s hand and decline the offer. Give them your phone number in case he she could find a willing buyer. Never ever take it personal if things do not work out in your favor. You can leave knowing that you could always start back GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 up and do it again.
Bought the Car Now What
You found the car you wanted and the first thing you will need to do is to have washed and cleaned thoroughly. You see a clean car tends to sell better than a dirty car. Presentation is the first thing the salesman does when he wants to make a sale. You must do the same thing. Use armor all for the tires and plastic moldings GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 outside and in, vacuum the carpets and interior as well and while you are it freshen up the air inside the car with some spray freshener.
After all of this is done you will need to take some nice pictures of the car. You will need to take at least 4 pictures of the car. Two pictures you take of the exterior of the car and the other two pictures will be of the GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 interior of the car.
Now you will go online to Craigslist and place an ad for the car. Set up the ad and write out the features of the car as well as important information like mileage and maintenance. People like to know what they are buying especially when they are going to spend a few thousand dollars for it.
Place the pictures of the nice cleaned car in the ad as well as a GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 phone number where they could reach you.
Make sure when you are selling the car that the price is not so high. For example do not sell a car for $8,000 dollars when it is really worth 5 grand. You will not get any calls except if it’s a Beamer or an Audi. But if it’s a late model brand be more realistic with the price.
In conclusion buying and selling cars can and will GMC Sierra K1500 SLE Z71 Chippewa Falls WI 54729 make you money if you do it right. It does not matter if you have other people doing it in your city there are enough cars that go on sale every day. So go and make some money!
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3 Girl Scouts, 1 adult killed in Wisconsin hit-and-run crash
He identified the driver as Colton Treu, 21, of Chippewa, Falls, Wisconsin. Sokup said Treu will be charged with four counts of homicide through the negligent use of a vehicle. Sokup said the ...
Oktoberfest in Chippewa Falls gives back to those who lent a hand
CHIPPEWA FALLS, Wis. (WEAU) --After a summer weekend of celebrating ... The 18th annual Oktoberfest will be held September 20-22, 2019 at the Northern Wisconsin State Fairgrounds.
Cooking show host demonstrates holiday cooking in Chippewa Falls
but early baking began at the Chippewa Falls Public Library Tuesday. Inga Witscher, the star of the cooking show ‘Around the Farm Table,’ which airs on the Wisconsin Public Television ...
Suspect in fatal Wisconsin Girl Scout crash was 'huffing,' officials say
CHIPPEWA FALLS, WIS. — A western Wisconsin pickup truck driver had been "huffing" chemical vapors shortly before he hit and killed three Girl Scouts and one of their parents as they picked up ...
Local Girl Scout troop honors Wisconsin scouts, mom killed in hit-and-run
02 p.m., 10 members of local Girl Scout troop gathered in the gazebo at the Elysburg playground to join troops across the nation in paying vigil to the three Girl Scouts killed at that time Nov. 3 whi...
Local Girl Scout Troops Honor Fallen Wisconsin Scouts With Day of Service
RELATED: Driver in Wisconsin Crash that Killed 3 Girl Scouts ... Athletic Complex to pick up trash - the same activity the Chippewa Falls group was doing. "I think it's important in that we ...
Church Opens in Former Wisconsin Tavern
CHIPPEWA FALLS, Wis. (AP) — A closed tavern in Chippewa Falls that appeared slated for demolition has been given new life as it has reopened as a church. River City Community Church has leased the bui...
Local Girls Scouts remember Wisconsin accident victims
The crash happened around 11:30 a.m. Saturday, Nov. 3rd, when 21-year-old Colten Treu of Chippewa Falls, Wisconsin, went off the highway and hit the three girls and a mom. Wisconsin police say Treu an...
Anguished goodbyes for Wisconsin Girl Scouts, mother
CHIPPEWA FALLS, WIS. – Austin Yetter clutched the picture of a ... Austin and hundreds of mourners from this heartbroken northwestern Wisconsin community paused Thursday morning to remember Haylee and ...
Donations accepted for victims of Chippewa Falls Girl Scout Troop 3055
The community can now donate to a benefit account for the victims and families of the Chippewa Falls Girl Scout Troop ... any CCFBank location in northwest Wisconsin. Visit www.ccf.us for a ...