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Flipping used cars as a business idea?
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[QUOTE="Austinaldo, post: 230840, member: 69924"] This can be a good business and a successful one too. Cars are used in every part of the world. They are also in high demand as it is what aids transportation. I see no reason why one shouldn't be successful flipping used cars. If you do it rightly and calculate your moves well, you should be successful. Used cars might be a risk asset but they are cheap and affordable. People from the lower class develop a growing interest on used cars because their budget can not afford a higher one. I think that should be your market target. You can import used cars from foreign countries where they are cheaper. You can also source them locally. It all depends on your findings. First you have to make your findings to see which option favour you the most and which option serve the interest of your prospective customers as well. One final thing to put into consideration is the cars must not be stolen ones. You have to deploy a strategy to spot stolen cars and report them. You don't want to flip cars that are stolen because that will land you in trouble and put you in greater loss that you might have envisaged. I think proper research is advised here. Thank you. [/QUOTE]
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