How To Make $20,000 A Month Flipping Cars
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- Опубликовано: 2 авг 2022
- 👩🏫About this video ►How To Make $20,000 A Month Flipping Cars
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Развлечения
“I’d rather change a sensor than a transmission.”
Id rather do that 2 lmao 😂
Continues to buy a new bumper
Can you explain the issue with that? Im learning about cars
@@Blankfiles._make damn sure the transmission isn’t bad lol
Yes of course and or change strainer too🤷🏿♂️
Most I made in a month was $10k selling 2 Escalades for $5k profit on top of my negotiated buying price. 20k is definitely doable but deals like this are so rare. Keep in mind you may be sitting on that vehicle longer then intended and there will be months where there are no good deals depending on your area.. But all it takes is a few good ones like I previously stated every now and then to make up for the slow months. Reselling used cars is very risky and you can never guarantee that something expensive may go wrong with it!
10 in a month is still good💀
Facts!
They are out there
its about volume in the car game, not expensive cars. I sell around 12 cars a month and make about 1600 average off each car.
@@alibazzy4078 how do u work around the law that says we can only buy like 4 a year?
Old heads hating on this kid while their kids still living in their basement playing MarioKart.
Hey now
Mario kart is neat
Young heads getting sold fantasies while experienced ppl live in reality.
@@decembersveryown5935 I guess your young head is still playing Fortnite
@@decembersveryown5935Got an 18-22 year old still livin in your house huh?
I know you can relate, that’s oddly specific on your end 😂😂😂😂
I'm a experienced car guy and mechanic flipping is a thing of the passed I gave it up 10 plus years ago nobody wants to pay anything anymore I couldn't even make 500$ on vehicles and they would sit in my drive way for months
Technically you can’t say what ppl will pay now if you quit over 10 years ago 😂
It’s a whole new generation of ppl
The world literally with thru a whole pandemic since you last sold a car
Every market has ups and down 😊
I’m old enough to be your mom but I must say I’m proud of what you’ve done! I love people with ambition no matter how old they are. I was a lot like you when I was younger. I love cars and always wanted to flip them as a side job, I’m retired now so I’m ready to go. I only wish I had the energy I had before you know what I mean when you’re in your 60s. Lol Best of luck to you my friend.
What a positive person! 🤗
The IRS is going to love finding your channel
no they love people that live in fear like you lol they're not looking on RUclips
What makes you think he’s not paying taxes?
20k a month? Bro's really out here thinking thats real
20k a month but not profit, because some of that money is put towards buying more cars so it’s definitely not 20k profit
you people really out here thinking as if 20k a month is that much money or super unattainable lmao… use your brain and imagine selling just 3 cars a week at 1,700 profit average per car and you’ll net more than 20k a month profit… you all are terrible at using your brains these days haha
Click bait, anything for the views but there is money 💰 on flipping car... keep grinding people💪💵💵
That Honda Still Running Today 👏🏻🚗
In South Africa you aint finding cars like that for $2800. You gone pay $5000 used for that😭 You guys got it easy man
5000$ wow it's cheap in South Africa her in Egypt it's well over 10k
your egyptian currency isn't worth as much as American dollars@@youssefzaghlol7825
Bro you can't find them that price all the time plus he never showed it before wash wax and did the interior
Thats why you got to sell them in South Africa more money 😊
Just steal one
I’ve been flipping cars for 10 years. I’ve lost a lot of money and I’ve made a lot of money.
I make a lot more money now working as a register nurse
Have you ever earned 6 figures doing so? And if you did how much time did it take?
How to BS on RUclips shorts 😂
No this is actually how it is
for real lol
it's not girl
@@PoundsaOgforallthefallenhomiesno some parts,he's wrong about lol
@@yotiep.1072lmao like what?
Absolutely no way you can make 20k a month consistently selling old beaters.
He added and extra $0 for views
Kid is 100% telling the truth without any exaggeration. I do this for a living, sold cars for a dealership for 10 years decided to flip cars instead. 80% of my business is fb marketplace and offer up, 20% is auction. I clears 250k cash 3 years in a row. Live in north NJ where there are literally hundreds of new cars car listening every week
@dawidmosio2084 Hey i'm 19 dropped out of college and I honestly have no life plan. But I love cars and boats and ive always thought about doing this. Are there any major downsides? And how do you deal with titles and some of the logistics of it?
@@michaeljones7947You need a dealers license if you sell over a certain amount of cars. (or you could title hop) When buying a car it’s not guaranteed you’ll turn a profit (bad trans, blown motor etc). Finding a buyer takes time so you’re not going to immediately see money.
@@dawidmosio2084 What kind of cars do you buy on Facebook marketplace. Cars that are good or running or have engine and transmission issues and you fix them?
What!!??i need to come to your city if you dont like salvage titles...ill buy them all up..yeaaaaa😊
Bought my first car to flip. 2001 lexus es300. Paid $1100. Books for around 3000. Had it about a week detailing it. Drove perfect. Then 1 day wont move. Transmission locked up. No warning. Just done. Sold it for 850. Lost about $1000 after all i had invested in it😅 great. Guess ill have to try again
I flip salvage all day here in CA 🍻
Dont forget to pickup your dealer license while you're at it because you'll need it.
@@lawlesslee1405it doesn’t matter if it’s his business.. he can’t keep selling cars without a license it’s ILLEGAL.
@@lawlesslee1405unfortunately in most states you can only register and sell maximum 5 cars before they start declining your title requests, ask me how I found that out 🤣🤣.
@@lawlesslee1405depending on your state. You camt sell more the 4 or 5 cars without a dealers license. Theres sketchy ways around it but of course you run the risk of getting caught.
@@lawlesslee1405Regardless of your personal feelings or ideology, you're encouraging ignorant people to do dangerous shit. Stop it.
@@decembersveryown5935sell them to the Hispanic brothers. Government will never find out
How to catch fines for not having a dealership license. Each state individual cars sales very but bringing in that much a month over a year you are not flipping for a side hustle you are running a used car dealership
How do you know he don’t got one ? Wait it’s social media everyone just assumes
@@jamieray6022 as you just assumed that I was talking about the person directly in the video? Lol might want to take a dose of your own statement 😂 🤡🤡
He could jump the title and the government wouldn't know but that comes with some risk but could be worth it if you're making enough, the government penalizes you either way (taxes).
dang for me know that you told me about this I am going to try this my self by flipping cars
I'd reconsider your stance on salvage titled cars. I landed myself a pristine 2005 mustang all because they couldn't find a buyer who understood the process to title the vehicle. I now daily it
Salvage and rebuild titles are worthless. No matter how good you make the car, it can never be registered with a clean title again. Companies won't insure it. Insurance is mandatory. So nobody wants. Rebuild and salvage cars don't go on the road again. They go for parts or out in a blaze of glory in a demo derby
@@Subreonlmao what a load of crap
@@jsperez240 nope. load of truth
@@Subreon nope, bunch of crap. California has TONS of rebuilt titles on the roads and yes insurance companies will insure them for the same cost as clean titles.
Your lying. You do not make 20k a month
you act like 20k a month is that much or super unattainable lol use your brain for a quick example and maybe you’ll realize selling 3 cars a week and averaging 1,700 profit on all sales would net more than 20k profit a month lol
You don't know basic grammar.
Of course he is lying!
He's not lying, you just misunderstood, he bought 40 civics they all just needed bumpers for $2000 each, and he sells each one for a profit of $500. That's comes out to $20K a month. It's super easy, just find 40 people that selling dirty cars and clean them! Because that's so easy to find!!
Yeah like he has the time to buy,fix,sell plus other issues on 40 civics a month😂
Lots of money in cars for sure weather it’s selling your own cars, or at a dealership
Where do you buy cars and where do you sell ?
Hahaha wow! I hope you are checking the carfax in these cars
smart kid
Do you sign the tittle when you buy it ?
Also make sure you title jump everything like him.
the first car I bought had the title jumped lol it was a white teen who sold it to me and the title had a Chinese name on it which I didn't even look at until the next day. I was just glad the car wasn't stolen and worked fine, it ended up being a good car that I got for a good price so I didn't care and the kid blocked my number, when I called to ask a few questions lol
I barely got my 99 Corolla for 2k how tf did you get that new if a civic 😭
Negotiate the price, its a key factor for selling and buying
Tiktok prices.
Bro looks like Jack from boy meets world
I don’t even pay for the cars I resell
Yes me too 😁
Are you putting tittle under your name or are you tittle jumping ? How are you doing it ?
The crap that gen z will fall for, and the way they idolize these clickbait lowlifes.
He owns a very successful detailing business in Denver. Keep talking about shit you have no idea abour
Most states can’t register more than 3-5 times a year. You’ll need a dealers license
Any person who wants to tell you how to do something usually leaves everything out other than things that will grab your attention more like how much you’ll make
What profit you make per car
Haaa those are rare to find nowadays people are overpricing their junk
Bros playing gta in real life
Where do you sell your cars?
McDonald's
Do you have a dealer license or does your state not have a limit on how many you can sell?
Just jump the title
Best thing to do is find a buddy/ contact with a dealer license, pay the dealer fee and then you can transfer it from the dealer’s name into the new owner’s name when you sell it. Basically you’re in more of an arbitrage situation that way vs. straight up jumping a title.
Because that is illegal. Lol
@@obscorbin4782 it is illegal in all 50 states bro
@@ValerieDoesThat no shit 🤦🏻♂️ who cares.
@@obscorbin4782 the cops…. Fucking retard 😭😭😭😭😭
Man said 200k mileage. I look away from 90k lol
yea good luck bud☠️☠️
Might have to reset odometer
@@sxnfvr easy thing in the uk lol
You are not doing any business then. Not too many people are looking to sell their cars under 100k
@@hearditfirst8010they definitely are, but they aren’t selling it cheap
Where can I find this guys information?
Cant you only sell a certain amount of cars or ?
Bruvva, I need a job at your detailing company
Where are you locate
A 1990 Corolla isn’t even 2k anymore I would just flip a bunch of parts cars a over priced now
Not w that civic
Um. Theres a limit without a dealers license mam on
Not if you buy at the auction with your business license you just can’t get into the actual dealer lane to buy better cars
u not making money if your staying away from rebuilt and salvage tittles 😅
If you were making 20k whyare you cleaning cars for a living. All your making is videos
Cuz he makes 21k a month doing videos
Likely 20k revenue, not profit. You still need to factor in the cost of purchasing vehicles, cost of repairs and detailing, and other miscellaneous costs. The cost of operating a detailing service is far less than car flipping therefore he’s pocketing more.
the jankiest cars have had the least amount of maintenance 🙏
This is cap. Don’t listen to him. I just sold a car today total investment was 1200. That includes gas, tolls, food. I have every receipt and car sold today for 3800. I should start my own RUclips cause I can actually show people how to double and triple.
Gimme gimme. I need all the fix and flip videos on the entire internet. My first one failed because of major hidden issues I didn't have the money or tools to fix. And since that was the first one, that took all my money I saved up. Several months later, I'm ready to try again but am hyper scared. I wish I had a fix and flip partner to help me through things in person. I see the videos where people have all their fancy tools and thoroughly test these perfect flipper cars, where they make a list of most important to least important issues, that only need a detailing and minor mechanic parts and panels to replace, and then they sell it and make delicious nutritious monies off it. And I neeeeeeeeeed. I'm so fucking done feeling so trapped in retail. I want to start my own thing. Maybe even a whole dealership and pick your part scrapyard with little demo derby arena and eventually a video game company and giant motorsports park and giant indoor entertainment complex. If I can just... get this... fucking... snowball rolling!!! Sarasota Florida by the way.
@@Subreonbuddy you’re thinking way to big for somebody who got unlucky once and is now scared to try again… you need to use your brain for more than dreaming in order to make this work and educate yourself on the specific vehicle you’re looking for… i recommend staying within a niche of vehicles you know the most about and it’s market… start there and slowing expand your knowledge and interests and don’t feel pressured to buy a vehicle you’re not confident in if you’re not 100% comfortable yet
@@lanceweyel879 poor people don't get the luxury of choices. It's deal with what you get and hope you become one of the lucky ones that make it in this fucked sideways world. The difference is how many chances you give yourself to try for breaking out before giving up and accepting your fate as another disposable cog
I did this for 15yrs, and I’m a mechanic. You AINT going to make 20k a month for multiple reasons as a “car flipper” 😂
Small minds will always have some to say 😴
Ain't no way this dude making 20k a month
I do 3 a month and there's no way
Need a fix and flip partner? I really wanna do this but I don't have the extra cash to dump in something that might fail. The first one needs to succeed to get that extra money buffer snowball rolling
cause you’re selling 3 cars a month 💀💀 try buying and selling multiple 4k cars instead of using all your money to buy and sell a single 12k car and you’ll realize you’ll profit more because you’ll be able to sell 3 cars at once at a 1,500 profit instead of 1 car within the same time period at a total of 2,500 profit… small brained people will never succeed
@@lanceweyel879 lol
How much do you make profit wise from 3 a month?
Why are people so scared of salvage rebuild lmao just make sure what is the reason being can be ( stolen repossessed ) Does it always mean that it’s been totaled because I wouldn’t span a lot of money to fix it and especially that time wasted Yeah a clean title car can sell faster but there’s people out there that don’t care I been in car game since birth that’s how I think bout it plus it’s old cars to flip not like we talking bout 2016 and better 10-30 k cars lol
nobody's scared it's a major pain in the ass reselling that
Do you have a dealers license or how could you do it without one?
You could just not sign the title when you buy it and sell the car with the buyer spot blank on the title. The DMV will never know if you do it this way.
@@dakotacarney740Felony in all 50 States.
You need a liscence my boy
Best month I had was 16k and for you new guys thinking it easy … no way.. buying,transporting, fixing, cleaning interior, detailing (with paint correction) dealing with tire kickers, etc … if you wanna make over 10k a month you will be doing 10 hours day 6 days a week. I did this by myself and got burnt out after 3 years.
So what u do rn?
Also intrested
Sales tax ??
I buy cars with bad motors just sold 2013 550i paid 4500 with a bad motor 107,000 miles new motor 95,000 miles with labor $4000 sold the car $16,5
You got lucky on this one actually. Not everyone will buy 10 years old Bmw for almost 16,500
@@user-qv8ok2wt7c yes they will you just gotta know what cars are hot and I try only to buy car with 100,000 miles or less some people can’t afford to spend 5k on a motor
Now imagine if you knew how to rebuild the engine yourself the profit youd made.
How much for it
Do you get insurance while you hold on to them?
No
Why do you stay away from rebuild / salvage titles? I’m new to the car community and would like to know 👀
They’re harder to sell
@@select24 harder to sell because the of the liability from being salvaged?
@@applypressure1948harder to sell because everyone’s scared of them. Most salvage or rebuilt vehicles are thought to be from major accidents and that’s what scares people
20k a month. More like a year. 😂
I’m afraid of somebody buying my car and giving me a bogus certified check. I heard that happened to someone once so I’m really scared now. I’m looking to buy cars in the $10,000 range and hopefully selling them at 15 K that’s a lot of money to lose, especially in retirement, any tips some of you all can give me? I know Ebay has a protection program and so does PayPal. Would that be a good way to go? I can also hang onto the title until the money clears. That’s what the dealers do right?
Cash
sell the cars for cash… if the customer can get a check or send thru any app they can get the money in cash… and 5k profit margins on a 10k consistently is a huge reach but alright my man…. if you have 10k to spend you’re better off selling 3 $3k cars at a 1200 profit margin within the same time period as selling a 9k car for 12k which is also going to be tough and take much longer to sell than the 3 cheaper cars… and don’t forget if you can’t manage to sell the car for profit you still aren’t taking a hit for the entire cost you will get most money back… also remember one of the biggest factors is being able to move a good amount of inventory so you can’t sit and try to make 5k off one car and take so long that you could have sold 4 cheaper cars and have made 7k in a shorter amount of time
Do you make you tubes if not can you make
Yes, you can earn 20 thousand dollars by shooting videos like this.
you people out here acting like 20k a month is a lot of money or super unattainable or something… it’s crazy how small brained everyone seems to be these days
@@lanceweyel879 The man makes 20 thousand dollars from RUclips, I mean it, not by selling cars. You are too small-brained to understand that.
@@lanceweyel879 Earning $20,000 a month isn't such a big deal these days because the gap between the poor and the rich is widening in the world, making it easier on the field to earn $20,000 a month.
@@lanceweyel879Hey man, you seem really knowledgeable on flipping cars. Could I message you somewhere and just ask a few questions please? I’m new to this and I really want to learn even if I only start with $200 profits. Thanks.
@@hen9162with that mindset you’ll see results💯
I lost thousands on one car then lost my house … lbvs
Teach me
Why are people jealous of him?
168,000 miles isnt too bad lol
Wrong bumper
Don’t buy cars off guys like this plain and simple. What he won’t tell you is how this year 2006-2011 Civic had a terrible block cracking issue and led to motor failures. That’s why it’s so cheap fam and he’ll go and resale it for a ridiculous price for a dollar…and yes you’ll be fixing his slap together pos cars that’s he’s flipping..it’s a flip he don’t care about as soon the money is handed over. ✌️
160k (not too bad) 😂
A civic
The irs does not approve
How old is this video? A car for $2200? Not any more.
Kuh sell 10 cars in 1 day you'll make more den 20k a month
Don’t you need a license to do that bruh
Title should be …how to lie and take advantage of an audience
Good luck making 20k a month when your state can only sale 5 cars a year. 😊
Yea but how does it work with the title, like how can you buy it and not register it and then sel it again
you know how lol
@@flatlandAutoSales I don’t actually 😂
@eugeneabreut960 title skipping which is illegal
Clickbait
Adds an extra 0 to his monthly take just to get views on RUclips
So u sold that car sold for 20 k?
...
No he means u can make 20k/month from reselling cars
@@adamiqbal23223 no way
@@manny9992 it probably is possible if u have hundreds of thousands to invest In mid range/sports cars say if u buy a car for 15 k sell for 18k do a acouple times a year you'll easily hit 20k
@@adamiqbal23223 how much you make doing that 😲
Its not that easy to make 20k a month
168.000 miles 💀 I don't buy cars past 100.000 miles
honda its nothing
because you know nothing about cars
Fake $20ke
That’s a stupid idea whit steroids on it
Or how about instead of breaking the law and committing a felony you get a real job like the rest of us? Jumping titles is a felony!
Is this a troll account or do people really care this much about others people’s businesses? Like you can’t be this pathetic
If anyone's curious, you can only legally sell up to 6 vehicles per year without a dealership license.
Lying for views
Yea i would love to see him try to make 20k plus flipping cars like this making 1500 in profit. Not happening
The average car dealership sells 20-50 cars a month…just cuz YOU can’t don’t hate on others that CAN loser
Liar
20k a month my ass lmao
haha you people all saying the same shit acting like 20k a month is just sooo much money… it’s very attainable and very realistic lol 20k a month is not that much anymore for anyone with ethic and a brain
@@lanceweyel879we talk about this particular business model. If you are not a dealer with a huge inventory like 30 - 40 cars in stock. You will not make 20g in net profit a month
168k miles isn’t too bad? Yes it is lol…..
“I try to talk with my hand mama mia 🤌”
Ur cute as shit
I like how there's zero mention of the original creator of this video. This channel sucks