Car resale business.

Ephy

Active member
Car resale business is a business whereby you are dealing with selling or used cars mostly at a cheap price. This business can be more profitable if you know how to deal with clients and the car owners who sell their cars for resale. Opening a car resale shop isn't that easy you must have enough capital in order to open up a shop. But you can start without a shop and without buying any used car. You can just start by identifying any one who is selling his or her car. Then find out it the car has all the ownership details and it's not stolen from anyone. After finding all that you have to act as a broker find out the amount at which the person is selling the car. Then you must come to an arrangement with the car owner and know how much money he or she will give you after the car has been bought. Then take pictures of the cars to be sold and advertise then using different kinds of social media. Use even friends to advertise on your behalf once you have enough capital then you can now decide to open up a car resale shop and buy some of the used cars and open up a car resale showroom.
 

Ahmedo24

Verified member
This business is very lucrative just you earlier mentioned, it is not an easy one to venture into because of the capital involved though if one is very strategic you could easily start as car dealing agent where you connect buyers and sellers then get your commission. This is mostly on different social media platforms like WhatsApp, Facebook and telegram. You advertise the car to get clients , this process enable you to get to know more about the business and also save gradually to start your car dealership business full time.
 

Aqsa Shahid

New member
It's not an easy task to do in the earlier as no business is easy to run in the start but after you make profit from this car business then you can do one more thing in it that you can buy a car personally and give it to people in their needs and charge them for this. It will also give you profit throughout with your car selling business.
 

Olajidey

Active member
Car resale business it now saturated as people believe it an easy business, you need a reasonable amount of money before you start this business and have a good marketer. if you are not careful in this business someone can have issues because when you start car resale people will approach you on a nice deal of buying their car and you ill resale but most of this people coming to meet you are arm robber, they are not the actual owner of the car but they will perfect everything and you will not be aware.
 

Sammyesx

Active member
A car business is a very lucrative business and a high capital business, one will require enough capital to go into such, the more the capital the more the reward. That said, to run a successful car business, one has to be located in a very good area, it should be in a commercial environment where there is a lot of activities going, because that is the right place to get your customers, also one a has to do a lot of effective advertisements in order to get more customers.
 
Top