Buy Sell Used Cars and Trucks!
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How Do You Make Money Buying and Selling Used Cars and Trucks?
Today, with the average consumer now spending up to $16,400 for a new car, consumers realize the importance of investing in lower-priced used cars. With millions of buyers entering the used vehicle market every year, a wealth of opportunities exists for anyone who is looking for extra income, or a new and lucrative full-time career.
The key to making money in this business is to buy low, and sell at a huge profit! This report will show you how to get started down your road to riches!
Operating Your Own Used Car Business!
On the other hand, you may be one of those people who want to be their own boss. While it is true that the risks are often greater than if you just worked for someone else, it is just as true that risks and rewards go hand in hand. If you are willing to take the plunge, the potential returns are also greater. If you have a bit of an adventuresome spirit and confidence in your own skills and abilities, operating your own used car business may be the ideal way for you to make big, big money!
Advantages of Owning Your Own Business!
Skills and Abilities Needed!
There is also another necessary skill to obtain. This necessary skill involves the ability to manage and organize your activities, and possibly the activities of the others if you hire car salespeople to work for you.
This skill should be taken very seriously, because it has different reversal impacts on businesses. It helps some businesses to be a huge success while the others are a total failure.
Lastly, you will need technical skills. These skills include the knowledge to perform the activities involved in the used car business. This combination of technical, personal, and management skills will make your operation successful.
Getting Your Used Car Business Established!
For example: 1- Will people perceive you as handling high, medium, or low-priced vehicles? 2- Will your used cars appeal mostly to the rich, the poor, or the middle class? 3- Do you sell something for everyone, or do you specialize? (Just pickups, just vans, etc ...
Any positive image is fine, as long as you are consistent in everything you do within the scope of that image. The image you create will largely set the tone for all your business activities, including selection of a business location, type of vehicles handled, prices charged, etc ...
Selecting a Location!
However, in the used car business it means being highly visible in a high traffic area and being situated so that driving customers can get to you. In many cases, the location you consider ideal may not be available or if it is, the cost may not be practical. In that event, you will have to do strong advertising and promotion work to make customers aware of who you are, what you are selling, and where they can find you.
Whether you select a location at your home or in a business district, you must make certain you are operating within city and county zoning ordinances. Zoning ordinances are regulations specifying what each parcel of property within a community can be used for.
If the location you decide on is not zoned for the type of business you want to start, you can appeal to the zoning commission to obtain a "zoning variance." If approved, you would be allowed to use the property for your business.
How to Locate Used Car Suppliers?
At independent auction houses, vehicle owners have auctioneers sell their vehicle by getting buyers who are at the auction house to bid against one another. Generally, there is a minimum bid set. The person who offers the highest bid over the minimum set has the winning bid. The seller however, also has the right to sell the vehicle below the minimum bid if he chooses. Incredible bargains can be found at independent auction houses.
Independent auction house sales take place throughout the U.S.A., many on a weekly schedule. For additional information of auction house locations refer to your telephone directory under "Auctions" or "Car Auctions," or write to:
N.A.D.A. Used Car Guide Co. or National Automobile Dealers Association 8400 Westpark
McLean, VA 22102-9985
(703) 821-7193 (800) 544-6232 (800) 523-3110 (703) 821-7000 or (800) 252-6232
nadainfo@nada.org
http://nationalautoresearch.com
The National Automobile Dealers Association, founded in 1917, represents more than 19,700 new car and truck dealers, both domestic and international, with more than 43,000 separate franchises.
NADA membership is open to any new automobile or new-truck dealership holding a new automobile or truck sales and service franchise.
U.S. Government Auctions!
The Department of Defence and the General Services Administration are the principal Government sales outlets for surplus property. As items become available for public sale, catalogs and other types of announcements are distributed to people who have expressed an interest in bidding on the types of property being offered.
Sales generally are on a competitive bid basis, with the property being sold to the highest bidder. Among the many thousands of items sold are automobiles and other vehicles of every imaginable make and model. In fact, the government sells tens of thousands of vehicles at public auctions throughout the country every year!
How can there be so many vehicles for sale? Because the Government is so huge that it's difficult to even comprehend just how much property is amassed for resale. In fact, the government seizes, confiscates, and forecloses on property result in many millions of pieces of property every year, and the numbers continue to grow.
Incredibly, the government is not like a private business that is interested in making a profit on items it sells. The government is mostly interested in eliminating the enormous stockpiles of seized and surplus vehicles and other properties. As a result, many thousands of vehicles are offered to the public through government auctions at a fraction of their actual values. This is where, you can buy just about any model of vehicle you want, at super-huge savings, and make incredibly high resale profits.
How to Get on the Governments Vehicle Auction Mailing List?
Each GSA regional office maintains a mailing list for sales of property located in the geographical areas it serves. For general information about sales conducted by GSA, or to be placed on the mailing list, write to any of the following addresses.
The Department of Defence maintains a centralized mailing list for the sales of its property located in the United States. The Defence Surplus Bidders Control Office, Defence Logistics Services Center, Federal Center, Battle Creek, Michigan 49016, maintain this list.
The Government Services Administration (GSA) website: http://www.gsa.gov/Portal/gsa/ep/home.do?tabId=0
GSA Customer Service Bureaus!
NATIONAL CAPITAL REGION
GSA Customer Service Bureau
7th and D Streets, SW
Washington, DC 20407
Serves: District of Columbia,
nerby Maryland & Virginia
REGION 1
GSA Customer Service Bureau
Post Office & Courthouse
Boston, MA 02109
Serves: Connecticut, Maine, Massachusetts,
New Hampshire, Rhode Island, Vermont
REGION 2
GSA Customer Service Bureau
26 Federal Plaza
New York, NY 10278
Serves: New Jersey, New York, Puerto
Rico, Virgin Islands
REGION 3
GSA Customer Service Bureau
Ninth & Market Streets
Philadelphia, PA 19107
Serves: Delaware, Pennsylvania,
Maryland, Virginia, West Virginia
REGION 5
GSA Customer Service Bureau
230 S. Dearborn Street
Chicago, IL 60604
Serves: Illinois, Michigan, Minnesota,
Ohio, Wisconsin
REGION 6
GSA Customer Service Bureau
1500 E. Bannister Road
Kansas City, MO 64131
Serves: Iowa, Kansas, Missouri,
Nebraska
REGION 7
GSA Customer Service Bureau
819 Taylor Street
Fort Worth, TX 76102
Serves: Arkansas, Louisiana, New
Mexico, Oklahoma, Texas
REGION 8
GSA Customer Service Bureau
Bldg. 41-Denver Federal Center
Denver, CO 80225
Serves: Colorado, Montana, North
Dakota, South Dakota, Utah,
Wyoming
REGION 9
GSA Customer Service Bureau
525 Market Street
San Francisco, CA 94105
Serves: Samoa, Arizona, California,
Guam, Hawaii, Nevada
REGION 10
GSA Customer Service Bureau
Auburn, WA 98002
Serves: Alaska, Idaho, Oregon,
Washington
How Do You Determine the Value of Used Vehicles?
N.A.D.A. also publishes guides as follows: Official Older Used Car Guide...Official Wholesale Used Car Trade-in Guide...Official Title & Registration Book...Official Recreation Vehicle Guide...Official Motorcycle/Snowmobile/ATV Personal Watercraft Appraisal Guide...Official Smaller Boat Appraisal Guide...Official Larger Boat Appraisal Guide...Official Mobile Home Appraisal Guide and the Mobile Home Appraisal System.
A weekly used car market guide is also available from National Auto Research, P.O. Box 758, Gainesville, GA 30503. Write for current subscription rates.
Regional Classifications!
1) Domestic Cars;
2) Imported Cars; and
3) Trucks. Manufactures' names are listed alphabetically.
Securing Licenses and Permits!
On the other hand, licensing is also used as a method of regulating the competency of those entering a particular field, and protecting the public from shady operators. In some cases, an exam is administered, and moral and financial requirements may need to be met as well.
In the used-car business, most states require that you obtain a dealers license if you are buying and selling vehicles for the purpose of making a profit. However, you are not required to apply for a license if you only make an isolated or occasional sale. You are not considered to be in the business of selling motor vehicles in that event. "Isolated or occasional sales" in many states means "the sale, purchase, or lease of not more than five motor vehicles in a 12 month period".
Once you begin to sell more vehicles for profit than is allowed by your state law on an annual basis, you should apply for a Dealer's License by contacting your State Department of Public Safety or Department of Motor Vehicles.
Check with your attorney or other city officials to determine what licenses and permits are needed. Simply starting up a business without having the proper authorizations can result in severe penalties, and you could be forced to discontinue operations.
Many states, and some cities and counties, require that sales taxes be collected. The stated sales tax permit is available from the State Department of Revenue, City and county permits are available from the tax department in those jurisdictions.
Even though a certain amount of "red-tape" must be tolerated to obtain some licenses and permits, this is usually a one-time occurrence. Then, it is just a matter of simply submitting an annual renewal fee.
How Do You Make Fast Cash with Your Car, Van, or Pickup Truck?
YOU HAVE ALREADY MADE THE INVESTMENT! NOW IT IS TIME TO MAKE SOME MONEY!
In this report, you will discover a wide variety of moneymaking options available to anyone who owns a car, van, or pickup truck, and is willing to turn it into oriented transportation.
If you are like most people, you have dreamed of owning your own business and being your own boss for years! The problem is that you just do not know how to get started, or perhaps you do not know what business to get into.
Have you also thought about where you would come up with the money to get started in a business? Of course, you have! However, the beauty of using your own vehicle to make money is that your business investment is already behind you!
Providing services is the fastest growing and highest paying business fields you can enter today. Using your own vehicle to make money is perhaps one of the most underrated opportunities to generate needed cash.
As the cost of living continues to soar, most people have found that their regular jobs just do not pay them enough. What they need is a career change or extra income. Starting your own part-time or full-time business can be the difference between making ends meet or ending up hopelessly in debt.
This report will allow you to explore moneymaking avenues you have perhaps never considered before. One opportunity presented in this report may lead to other ideas that are not. The process will help you decide what business you want to get into with your vehicle. Basically, there are two--product and service. You can sell products or perform a needed service. Occasionally the two can be combined.
Once you are certain you really want to start your own business, remember that self-motivation is what causes people to follow through with action.
- What is your motivator?
- A new home?
- Getting away form a job you detest?
- Making enough money to provide your family with a better quality of life?
Whatever your motivation, it will be the driving force that helps you succeed!
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