Look I know you're asking $6500, which is a fair price for this year and mileage, but considering that tapping noise, I'd be prepared to offer you $5000 so I can get that that noise fixed properly myself before I give it to my mother. For example, "Ah, Mr, Hannity, I'd love to buy your car, as you've kept it in such pristine condition, but I really don't like the sound of that light tapping noise on the top of the motor." (Tappets, by the way, are an easy cheap fix.) "I'm buying this as a gift for my mother so I just don't want her burdened with the expense of a major mechanical repair. Better to say you're buying it for your mother who has done so many great things for you over the years and deserves something back.Īfter you've got them on your side, it will be easier going through the mechanical checklist below to find the odd unknown fault and start the process of getting the price down. If they think a teenager is going to drive it, they may visualise its wheels being torn off. If it's been pampered, compliment them on its great condition and what great owners they must have been.ĭon't tell such owners that you're buying the car for your daughter's graduation present or something like that. Remember that this car may have been their baby, their pride and joy. If people suspect you're buying their car to sell as a car flip, they'll make the sale as difficult as possible, no matter how desperate they are to sell.Īlso remember that an elderly person or couple selling a car may have owned it since it was new. Public auction deals are typically far better than personal party sale bargains, because public auction residences deal on volume and also sellers usually do not care regarding getting top dollar.īut never let it slip during negotiations that you are a car flipper.
Companies are also in the public auction business-for example, Manheim has a nationwide network of vehicle auction houses that cater to suppliers and also the public. In significant metropolitan areas, public car auctions occur weekly and even a lot more often also in much less populated locations, federal governments usually auction off repossessed vehicles at the very least as soon as per month.
#30k car sorty drivers
(Supplier public auctions, which have fewer buyers as well as potentially much better deals, are open only to certified dealers.) Public auction stock commonly consists of cars and trucks repossessed by loan providers, confiscated by federal governments over unpaid tax obligations or other liens, waived by vehicle drivers charged with significant offences, as well as abandoned in public rights-of- way. If you're not a licensed dealer, public auctions most likely offer the most bang for your buck. So lesson learnt was take a lot of time with a torch to take a long look underneath the car as well. Salt of course plays havoc with metal and especially metal you can't see. This car had spent its early life in New York which in the winter, puts salt on the road, as many cold states do. Take a very close interest in the cars history. So I ended up losing $700 on that car, one of my first car flips. I guess I could have sold the car on but my conscience wouldn't let me sell a car that i know is unroadworthy to anyone as i'd feel responsible for any accident if that was to occur. I had to have the entire suspension removed and the offending rust cut out and replaced. There was some dangerous rust around where the rear suspension bolts up.
They put it up on their hoist and called me in to take a look. I very proudly parked it outside my home but then the exhaust began a leak a few days later and I took it to my local garage for what I assumed would be a basic repair. One of my first car flips was a Mercedes that looked great and went well. I just wanted to move on to the next car.īut be very wary of where the car has come from. They wanted a Honda for its safety record and reliability. A middle-aged couple bought it and were totally happy.
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