Category

BUY & SELL

Category

You can make money buying and selling cars by either being a boss or a sales representative or both.

If you want to be your own boss in car flipping, you are going to bear the risk of investment. With time, you can evolve to be a full-time used cars dealer. You can also do the deal the way you want. You can enjoy the entire profits that you get for your time and efforts.

Being a sales representative for a dealer, you will make profits without risk; however, you cannot be sure if you will get lot of profits in proportion to the time and effort you invest in the selling. However, since you are working risk free, you need not fear unbearable loss.

Goal Setting 
Without a per month monetary goal, you are not going to get any incentive. If you need $1000 to $5000 profits, perhaps you have to flip just one or a couple cars; however, if you are looking for higher profits you should deal with more cars. The more profits you need, the more you should work.

Boost Your Profit as a Salesman
You can still make a lot of money being a sales representative. Develop business relationship with lot of car dealers. By relating to lot of dealers, you have more cars for continual business. In fact, you will have access to more number of cars than an average car dealer will.

If you are good at selling cars to the end buyer who wants to own and use a car, you can definitely make lot of money selling cars.

You can indeed make the amount of profit an average boss would make in a month, by routing up the time and energy a boss would spend in sourcing and repairing, in selling. You are going to focus on selling without being worried about souring and repairing.

You need to know what you are giving to the buyer to develop reputation. Reputation is very important for a sales representative. Therefore, you should be in good rapport with the dealer to the extent that he will let you know the actual status of the car in terms of repair, worthiness and cost.

Of course, to make real good money you should be able to interpret if the dealer is telling you the real thing. You never make good money out of fabricated information.

Boost Your Profit as a Boss 
You should be excellent in procurement and management to be a boss. You should know how to make a sell-worthy buy of a car. You should have someone or a team to repair the car to put up the vehicle for sale as quick.

You can sell the car yourself or you should have a trusted team of sales representatives, who understand the importance of making money without taking risks themselves and those who value the risk you take as a boss in claiming the profit you are looking for.

In The End,
Quality is an evergreen concern; however, low price for the good quality that one gets is something that pushes the buyer to decide on the purchase. Anyone should pay enough for the worthiness and you cannot undersell. Low price used cars are attractive and they speed up the profitability to make money buying and selling cars.

These days, it is quite easy to find people, who want to know how to sell a car. The reason can be different. However, the most obvious reason is the availability of different luxury cars at affordable rates. Moreover, it is a fact that we buy cars that can depict our social status, as cars are considered the status icon in the current age. To buy any car, you need to consider few of the things to make your selling experience worthy. Keep in mind that the approach should not be just selling a car. Instead, you must find a best car buyer to get something out of car sale.

For selling any car to any best auto buyer, you can consider two approaches. Firstly, you can contact to any car dealer and can sell your vehicle with his help. Secondly, you can sell your vehicle on your own. Here you need to understand that you can make more money by selling your vehicle on your own, as the car dealers usually take commission in order to sell your car at best price.

Now the question that may arise in your mind is how to sell a car on your own. For this, you can advertise your car along with its prominent features and price by considering various approaches. You can print leaflets and distribute them among masses, can advertise online, or can paste a sell my car advertisement at the back of your car long with your contact details. In such a scenario, many potential buyers will contact you. It will be your responsibility to select the best buyer to sell your car. The best approach can be to act like a buyer. Just evaluate your car worth to find out what you will be willing to pay if you would be a buyer. In this way, you will be able to sell your car more efficiently.

Apart from calculating the actual worth of your vehicle, make sure that you car is clean and fixed. Keep in mind that if your vehicle will be damaged, you will not get a better price for it. Moreover, a large numbers of buyers will be willing to buy your car if it will not be damages. To make sure that your car is free from damages, you can contact to any reliable and professional car specialist before making it available for sale. He will inspect your car carefully and will let you know the problems with your vehicle that may lower its selling price.

In case, despite of all these efforts, no buyer is contacting you then there might be a problem with your stated selling price. Make sure that you have actually evaluated your car in the right way. The best way is to visit different car dealers’ sites just to know what they are offering against the similar vehicles.

Without any doubt, selling your automobile on your own is a detailed process, as it needs a lot of things to be considered before making a sale of vehicle. If you want to avoid going through such a hectic procedure then you should contact to any professional entity, which can buy any vehicle at best price.

Are you feeling the need to sell your car for some instant money? Many people have old cars occupying the space in the garage, but, like many people, we don’t make an effort to sell it. And if we’d sell it, we are not aware of the right way selling it and getting a good price for it.

Here we have assembled the top five things which should be considered while selling your car for money.

Assess The Market – This is a fact if you check the market before selling your used car you can get a good deal rather than landing on a bad one. All you have to do is research the market thoroughly and look for the prices and the model of the cars. Always keep this in mind even if you think that car which has lost their worth and is junk, in reality, they can cost a good amount. Here keep these the things in mind:

• Family cards like bug sedans and SUVs always have a real worth because they are high in demand.

• Sports cars sell well during the summer season.

• Vans and other big vehicles are also in demand so keep on checking their prices as well

Get A General Idea About Your Car – This is an essential step, before selling your used car you need to have a general idea of the car. Check the outer body and paint of the car see if there are any scratches which are visible, inspect the inside of the car look for any internal damage, check the distance your car has travelled and any other positive this. Never ignore the negative aspects of your vehicle it’s essential that you know all the pros and cons of the car before you take it for value assessment.

Make a Guess about the Car’s Value – Make a guess about your vehicles worth, this can be done by checking the different website with similar car model. If you are still confused about the prices then trying getting your vehicle assessed through an online car buying company.

Have It Assessed By Another Person – By this we mean to get your vehicle evaluated by a third party a friend or a relative who gives you an unbiased opinion. For you, your car may look like the best car without any flaws, but the reality is that it can have issues; in that case, you need to get a second opinion which is neutral.

Make Your Car Look Appealing – Before you get all ready to sell your used car, it’s best that you make it look appealing to the buyer whether it’s a private buyer or a car deal. Clean your vehicle from inside out, do some minor repairs. In all be confident that your vehicle looks appealing to the prospective buyer.

In the game of selling, the world revolves in the force of the trade. Most people think buying and selling cars is a simple process. It’s not.

Buying and selling cars for profit can make you fast profits. But in order for you to maximize your profits, you need to know… how to buy, what to buy and how to sell. Knowing these tactics can make you a LOT of money. Not knowing the formula can COST you a LOT of money.

So before you start a career in this industry and before you invest your money, you need to learn as much as you can about car flipping and its market.

You first need to invest a huge amount of time (and some money) in learning the business and tricks of the trade.

And before you make that huge leap of faith, here are four things you must know when buying and selling cars:

1. Learn How To Negotiate

When buying and selling cars you need to negotiate on every deal. Therefore, you must master the art of negotiating. Never pay full price for a car, truck or bike. Make sure to inspect the car first, know its condition, before offering an amount on the car. It’s normal to knock off $1000 off a deal but make sure you have a reason to do so. Which is why you must know a lot about cars (or have someone with you who does).

2. Know What To Buy

When buying and selling cars for profit, you need to know what is popular in your local city, country and town because if you are trying to sell something nobody wants, what’s the purpose? You need to know what vehicles you need to buy to get the most out of your investment. Bottom line, know which cars are collectables and are hot items in the market. Again, you must know cars.

3. Know How To Sell by Creating a Win-Win Situation

Create a simple win-win situation for you and your buyer. Make a nice profit and at the same time have the buyer feel that they got a heck of a deal. Know how to advertise to get hungry buyers calling you and get the profit you want out of that deal. The formatting of your ad is very important. Content of your ads is important as well as videos and pictures. Who wants to look at dull ads anyway?

4. Rinse and Repeat

Never run out of deals. The goal is to buy and sell a few cars a month to generate thousands in profits per month. Then, if you want to explode your profits and you feel that you understand how to buy and sell cars, move on to acquiring a dealer’s license. Once you make your first profit, start again and learn from your previous deal until you get the hang of it and be an expert in buying and selling cars.

But this industry is not for everyone. So, make sure that you have the love for cars and car flipping before you start. You will never succeed in this business if you don’t have the passion for cars.

There has been much written in recent months about the sad state of the automotive industry in the United States, as GM, Ford, and Chrysler struggle to realign their business models to the realities of the marketplace in 2009 and beyond.

Certainly, automotive dealerships have also faced rough business conditions as fewer people are buying cars. Even interested car buyers are having a harder time securing credit. J.D. Power’s has estimated that vehicle sales in 2008 decreased to 13.2 million sold, compared to a 2007 total of 16.1 million. Many dealerships will close in 2009. Those who survive the downturn in our economy, will be those who are leaner, have secure financing in place, or are self financed, and who have leveraged the efficiencies and promotional opportunities available on the Internet and reinvented their business to be better aligned to what customers expect.

David Vahman, President of WebXloo, has seen an increase in business in 2008, as more innovative dealers leverage technology to increase their exposure in local markets and improve their efficiency. WebXloo offers web based sales and marketing tools for dealers and, as with many industries, this technology transition at the dealerships has tended to lag behind what their customers are already doing online.

Mr Vahman evangelizes the importance of dealerships leveraging web based tools to automate processes, streamline operations and increase their dealership visibility to their customers. “Dealerships today are able to seamlessly list their vehicles on their own website, leveraging Web 2.0 technology to create a two way dialogue with their customers.”

Mr. Vahman describes the Internet potential going much further than a basic website. “Two things that we are seeing that are truly transformational in the automobile industry is the widespread consumer usage of mobile technology and the ubiquitous availability of pricing information, for both the consumer and the dealer.” As Mr. Vahman explains, “The sweet spot for dealerships is intelligent buying of vehicles.” Mr. Vahman continued, “Consumers today who are purchasing vehicles have a very clear understanding of what they should pay for a vehicle, through quick Internet research. The dealer who can buy inventory that is in demand, at a competitive price, is much better positioned to remain profitable. Our mobile SlingShot device, powered by the AutoXloo software, gives dealers business intelligence anytime, anywhere, whether they are purchasing a vehicle from an individual or at the auction.”

Certainly most people recognize the difficulty traditional newspapers are having as they try to remain relevant when fewer and fewer people subscribe to the local newspaper, their audience demographics continue to skew older and older, and more and more people get their news from the Internet. Craigslist has made classified ads almost irrelevant, and there is a trend toward specialty magazines and publications moving away from print to online distribution exclusively. Cox Enterprises announced earlier this year that they will discontinue the publication of AutoExtra and AutoMart. And there has been continued speculation that the classic AutoTrader magazine, that many of us grew up with, may also be transitioned to an online model only.

Noting these changes, Mr. Vahman offered further insight into the changing market for dealerships. “Our software, allows the dealer to compare real time market pricing information from Internet sources that customer use to make buying decisions. Understanding pricing from your customers’ perspective puts you in a much stronger negotiating position.

AutoXloo’s Market Report provides a comprehensive analysis of the vehicles for sale in a specific geographic region from various online services. The Market Report software queries listings on the Internet, based on the dealership’s current inventory, and presents pricing results in a convenient dashboard in both detailed and summary view. The report is generated instantly and live each time a dealer evaluates a specific vehicle.

“We help dealerships list their vehicles online, which helps them generate more leads and sell more cars”, Mr Vahman continued. “From the dealership perspective, our tools adapt readily to their workflow, enabling them to work more efficiently, reduce cost, and provide better information to their customers. Our value proposition simply put, is that we generate more leads for less money. Leads generated online are much more measurable than traditional lead generation for dealerships. It just makes sense since almost every one of their customers begin their search for a vehicle online.”

Mr. Vahman explains, “It’s easy to view technology as an expense, especially in these difficult times. What separates our tools, is our solutions are at the forefront of the primary drivers for a dealership, which is driving sales. While it can be difficult making decisions on what technology in which to invest, it’s easy for us to demonstrate to our customers that not only can they generate immediate results with our tools, but they are much better positioned for long term growth.”