The attachment of a used car to a particular car often immediately reduces its value in the eyes of other participants in both the market and the road. It seems to many that cars that change owners, and often more than one, immediately become worse from this. In fact, you can make very good money on used cars. The main thing is to know how to do it correctly.
Used cars are no different from those driven by the same owner from the moment of purchase in the showroom. They run just as well, do not require repairs, etc. Naturally, provided that the previous owners followed them.
Today, not every motorist can buy a new car, even despite the abundance of credit programs and the regular decrease in interest rates. Therefore, used cars are sold and bought in fairly large quantities. And this is a great reason to make money.
How to make money on used cars
Naturally, first of all, you can make money on used cars by actively selling them. To do this, you will need several supported cars, initial capital with which you will replenish your car park for sale, a small site where these cars will be located, and a person who understands the intricacies of selling cars and knows how to write insurance.
Then it will only be necessary to place advertising on different sites - it can be either paid or free, and come up with some promotions and special offers for clients.
You can replenish your fleet from friends, buying from them cars that they no longer need, through ads, etc. You can go along a slightly more complicated path. So, for example, you can buy cars in need of repair - they will cost you several times cheaper than those that are already completely ready for sale. Then you repair them and put them up for sale at a higher price. The difference between the cost of buying and selling will be your income. To organize such work, you will need a proven auto mechanic and locksmith, who, preferably, will have his own repair shop. So you will be sure of the quality of the repair and will not overpay for it to other intermediaries.
You can also make money on supported cars by organizing a disassembly. You will need a platform for storing various parts that can still be used on other cars of the same brands in working order. Disassembly is very popular in those cases when an urgent part is needed, better than the original one, but there is no time to wait for its delivery from the dealer, or money - after all, they are many times more expensive from the officials.
What to consider
So that there are no special problems with your business during the first months of work, you need to take care of finding a person who will check the cars you sell for collateral. It is no secret that fraud in the sale of pledged property is quite common today. And you may have serious problems if you sell a known credit car, and then they come to its new owner and the car is arrested.
You also need to decide on what kind of cars you will deal with - domestic, foreign cars, premium or economy. Then you will act according to the chosen specialization and choose clients from the circle you need.
Later, when things get better and go uphill, you can start expanding your services. For example, offer customers an appraisal of their cars, organize trade-in services, etc.
