Flipping $400 to a Ferrari - How to make money buying and selling cars - Flying Wheels
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- Опубликовано: 12 сен 2024
- How to buy cars wholesale from the public - Flipping $400 until we can afford a Ferrari
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From a business management standpoint - I admire your guidance and support shown here to German - True business leader!
Totally agree, I used to be a dealer, lost it all in the 2009 crash. I know the endless bullshit you have to know at the auctions, teaching it is even harder. Thanks for the videos, I’m really enjoying this series.
Agree, did a good job highlighting the good things to do more. Such a confidence booster
Especially as someone who’s turned wrenches for dealers I can tell this guy is a top notch boss. Always wished to have this kinda guidance.
Can't believe your wife didn't appreciate the hearse. Man back in the day people where dying to get into one. On another note, hope it's a safe trip to Sturgis. The old man rocks. Take care.
Lame joke but I love it.
I would NOT give $1000 for that piece of JUNK
Let geeman walk around with his own camera on your channel. That would be cool man. With only your trust and his abilities. It would add content to you man. I think I speak for most saying I'd be even more excited than I already am for your videos
Go German. Rooting you on man. Boss believes in you! Do what you know German !!!
I think this is the best video you ever made. Well done. Super enjoyable to watch.
Even German's hair is excited about this challenge!!!!
Very glad i found this channel which was almost a year ago way before this ferrari flip and its been a really good experience watching this series as it comes out great and amazing content
Something I can say without a doubt is that you're a good boss. Keep up the good work man. Greetings from Nigeria!
The production quality just goes up and up with each video!
I appreciate that!
Great vid Craig, love adding German into the picture, keeping this series realy interesting👍
nothing wrong with the caddy, i owned a 94 fleetwood with the lt-1 motor. I ran the car to 668,000 kms,with almost nothing besides oils changes every 5000 km. A guy bought it off me just for the motor for the same price i paid for the whole car, so basically a free car. He was shocked when he pulled that motor apart, he said it still looked new inside. Good old lt-1, 94 caddy's,caprices, buick roadmasters still to be found cheap.
Total sleepers they just need a T56 swapped in
Greetings from Florida , if you are finding it difficult to trade / invest in digital assets should work with Helen Howard pratea on google she is an expert advisor i have really learnt a lot from her
@@ryanthompson8256 Does she deal on crypto ?
@@elliotwilson8874 Yes she deals on Forex crypro and other trading assets
Investing in Elons stock and crypto are the only big chance of making money this days
I see how you are setting up German to take over the business. I can see that you are slowly outgrowing this business and aiming towards bigger and better. You guys are such an inspiration for me, thanks for the knowledge and tips.
As someone who wants to own a dealership some day I didn't realize how much really goes into it. Much respect to you
Loved it. You and German have great chemistry. Good luck!!
Those fox bodies aren't worth 14, you dodged a bullet. That's a 10k car...tops!
maybe last year but prices on mustangs are THROUGH THE ROOF. Cars that would have sold for $6K last year are now getting 10. Good luck buying a 2021 pickup. Dealers aren't even taking orders at this point and the GM and Ford in my area don't even have ONE and can't say when they would be getting any.
"Ragtop down so my hair can blow", I got the Vanilla Ice reference right away!
The girlies on stand by waiting just to say hi. Did she stop? I just rolled by.
Smoothest product placement of all of youtube.
Was informative flowed with the video and more importantly was seamless.
Makes you wanna use the product even if as myself can not use it.
Good job sir.
You would be a great addition to any marketing team!
German is like the Wiley veteran. He is gonna crush it for sure.
I figure if German deserves a raise, you would already have given it to him. You obviously appreciate his talents, and you sure seem like a fair guy. So there.
@24:10 I didn’t know they sold dump trucks at that auction! Haha I love the channel!
Damn Craig, your editing is seriously improving
I think he has an editor and is paying for a camera man. I might be totally of base, but I think he mentioned it in a previous video
Watched every second, so intersting seeing you handle your buisness. I would vouche for a second season.
18:24 the 93 Buick Lesabre was my first car, and man do I love those things. I miss mine more and more every day, and I'd love to flip some.
That mustang was up in that realm. You can’t find foxbodys that cheap that are that stock and have everything working. Auto or not, if it’s original paint and all then it’ll sell for that. obviously it’s an auto and vert so it’ll be lower but how fast that top went down should tell you all about the condition. the side upholstery on the seats also tell you quite a bit.
I think 12500 was the right price. Maybe 15 to 20k if it was 5 speed. The canyon red interior is also the least desirable interior color. Still cool car.
@@chefgromano5025 i agree, it has about every more undesirable option to it besides the 5.0 but it’s still undeniably clean. it’s atleast a 12500 car but a stubborn seller can possibly get more.
@@alexdollen1787 especially in this crazy environment..
Nissan Pathfinders from 2005-2012 have the 5 speed automatic transmission.
This also applies to
Xterra 2005-2015
Frontier 2005-2019
Hope this helps you out. Keep up the great work. Love the videos.
Im learning so much from these videos great youre taking german with you i think he did really well!!
Love the vids, I like watching cause back in the day we used buy and flip cars all the time, I really miss them days, still flipping cars but only a few at a time now, compared to the nearly 20 or so a month we used to sell,Have a Great Week
German literally has a mentor right there and is learning everything. Such a great opportunity.
in the real world where people pay cash, cheaper cars sell a dime a dozen where expensive cars seldon sell. Dealers have banks to bankroll their market, so comparisons are not the same
I think the cheap vs more expensive cars is a good idea.
Maybe your best video yet Craig! Keep it up! You love the movie quotes, so to go along with the new German shirt, in a Russian accent, "pay that man his money"
They sell that shirt on dudes tees
Really enjoyed that video … gave it a different dynamic
Nice one German. Its a shame you missed the Camper. That was nice. Craig do me a favour. Will you fly over to the motorbike section so I can see what's there. Thanks Mate. 😉😉
Great video Craig! Like everyone else (including you) I'm rooting for German!
It shows class man. I admire that!
Love the content brother. I flip cash cars and i am really considering opening up a car lot and fully be in the business. Your videos really help.
That shirt. Hahaha love it, something everyone says every video.
Craig the videos the lady 6 mths are great. I can see your subscriptions are almost 200k. Congrats
I know the CVTs get shit on but my Murano has been bullet proof *knock on wood*
Also a local small dealer has at least 1 on lot at all times and he's moving them.
the 5.0, not a manual and a drop top!? hard pass.
*Loved the over budget alarm lol* 🚨
great editor!
German is going to find the good turn car being it will have a quick fix that he knows he can do with outstanding results my response while watching the intro
I can’t believe people buy cars with more than 50k miles. As an aside, I sold 92 RVS (no trailers) including two Bluebirds in 1984. Took the money and started a Yacht Brokerage in Miami.
What’s absolutely crazy is that 5.0 mustang is now all most as old as your tbird was when the mustang was new. 1956 to 1989 was 33 years. 1989 to 2021 is 32 years.
Very fun and entertaining episode,love to see German involved in the purchase of cars.
Great editing on this vid man really stepped it up!
Great content, Love German's thought process. 👍
Loving this channel more! Get German going to the auction more!
Cool channel that moves at a great pace got me thinking I should try selling cars here in Hawaii it’s been a while . My first job was working for a family friend’s Mercedes’ Benz grey market dealership wet sanding
way too many MB ‘s to count as restitution for totaling my moms 3 month old fully loaded 1979 5.5 liter trans within hours of her departure to maui for vacation .thankfully a buddy flipping cars got me started n had a great income all though high school n was a blast unlike sanding cars .
Great video, quality keeps going up and up, hopefully like your profits. Brings back good memories of my 5 years selling used cars in the mid Nineties. Peace
GERMAN NEEDS A RAISE! hahah thats hilarious craig just bought a shirt!!!
Been with you almost a year, favorite video by far!
Your ongoing success is reflected by your generosity, transparency, and willingness in teaching us the part of the auto sale business! thank you a whole bunch! I am applying for my wholesaler license in TX. I saw some nice cars on your website! Hope to make your acquaintance soon.
I wish all your videos were this long!
This is the thing I look forward to every week
He's grooming German so he can make him GM and run the shop without him being there everyday.
My thoughts exactly
Smart man.
yea it’s fucked up tho because german will run that business at a hourly wage not ever knowing he could have his own business
@@Newbuddyzx1 could be hourly or biweekly wage, shouldnt assume anything. I also am sure german would receive commission for selling the cars. Regardless it would be a better pay for german Id assume
@@Newbuddyzx1 hes also learning the business, if he chooses to start the same business himself then craig teached him so much. If its fucked up then german doesnt have to accept the offer
Pro tip: if you use a heat gun in circular motion on that bumper trim/plastic. You can restore it back to factory new looking. It’s the biggest tip I never see anyone talking about
Great video! Subscribed! Great format. German needs a 📷 👍🏻
Flipping $400 into a Ferrari. German keeps your business running. You are beyond lucky having a dedicated in house expert tech. He really does most of the equity building. Turns rough diamonds into big profit sparkling gems. He should easily be making 90k a year with all benefits.
I used to collect 90s midschool bmxs aswell, best years of bmx imo
Ive learned from roadkill that that's not a limo, but an airport car
What a great video!! Love the extensiveness
The movie was that's my boy and that was one of my favorite movies!!! Good video keep it up I'm watching all the way from the Great white north Canada 🇨🇦
That's a surprise, I've Just started my business about three years ago and I've had good luck with Range Rovers/ Land Rovers
I remember when I was looking to see where I was at in florida and seen I was on a1a beachfront avenue. It took me a minute to figure at where I had heard that before then it came to me that it was in ice ice baby.
😅🤣😂
Great episode! Craig your car is awesome ;German might win on the profit margin. Lol you guys are great keep it up. Can’t wait to see which Ferrari you get.
1. That wasn't a Frontier, it was a Pathfinder
2. V6 Maxima's don't have the same CVT failure rate like the 4-cylinder Altima's/Versa's/Sentra's
3. Frontiers can easily get to 250k miles or more if properly maintained. I still see early 2000s Frontiers all over the place.
Great video Craig, a fun day at the auction.
I love the wife vehicle gifts. That should be a monthly thing. Gifting your wife a random vehicle that she really has to drive. Pure comedy.
That Armada... It's not the manifold gasket, it's the manifold itself. They crack. Because the cat is part of the manifold they're expensive. I always start Armadas and Titans. If there's an exhaust leak, red light. You probably know this and just misspoke.
i personally flipped about 2 dozen cheap cars 2k to 4k before going to like 8k cars just so many more people have that kinda money around and dont need banks or financial services
content keeps getting better! awesome video!
There are tons of low mileage Fox body 5.0’s with manuals and leather. Don’t buy an automatic with cloth to keep no matter what the mileage.
Good content bro!! Yeah a video with cheap cars vs more expensive cars and their profit margins would be dope.
Great video, after this is done you should continue doing challenges of you vs German!
6 Door Limos are purchased by funeral homes for use to carry the family. Could be a good buy since funeral homes take good care of their vehicles. Cannot afford to have it break down, so clean and maintain well and often keep it in a garage, and drive it slow and carefully.
Nice to see German working his way to management 👍
German with Nightcore Poker face and 90s cars… I love your stuff Craig.
That mustang, red on white leather tho... my dream car
Great video 👍
Thanks 👍
Im with you on the " miles don't scare me .RUST scares me " .......
23:45 ice cold baby! lol way to play it Germano!
This was a fun video. Awesome!
German did some shrewd buying there Craig.Should be some cash to be made on the Bargain side of the lot.Digging Momma's new ride too.Can always get in the Manchester Airport Shuttle business if the Car dealer thing doesn't work out.
Have a great time at Sturgis! Papa Al is an amazing man, hope I grow up to be half as interesting!
That outback is a score. Those things are like gold in NH
Oh I like the sound over budget 🤠 great
The White Stang needs the Red Pin Stripe Around iyt and the ground Effects to be an ICE ICE BABY Match.
I live in rapid city would love to meet you guys while your in the area have fun out here and keep the shiny side up
Foxbody isn’t worth that automatic. If it was 5 speed yes. Convertibles actually cheaper than the hard tops usually.
Although I prefer 3 pedals the slush box has some good qualities
That's the thing I've mentioned in the past in this series: if you make $5000 on a $14,000 investment, that's 30% ROI If you make $5000 on (2 cars) on $5000 investment that's 100% ROI.
I've noticed that as you've gotten into pricer "fun" cars, your margins have dropped. The last one before the caddie you made what, $1000 on $22,000?
Not to mention with the $5000 investment your risk is low. You can put the remaining $9000 into crypto or short term investment and make interest.
I "grew up" in a mass merchandising retail home office where it was all about turnover. Sell a shit load of product, reasonably priced, and make huge money.
Your content is amazing thank you sir 🙏
Buy a Corolla best easy sale clean up do some basic maintenance and turn it
Screw those people Selling the fox body. They must not have wanted to sell it, that was a good deal
Craig I was just at stugis 2 days before it started up and there was already a bunch of bikes there. Got some shirts and things
I have a friend who had a Taurus SHO. It was a repair nightmare. Apparently a Yamaha engine that had multiple problems . Buyer beware.
Thanks for the video Guys.
I hear ya on the 90s cars. Just picked up a 95 SHO rust free. Kinda strange considering I live in the rust belt. Figured out it's a Texas car.
Really liked the new strategy.
I immediately thought of thats my boy when you said vanilla ice
"You can't even get that on the stock market"
Me with 1000% with amc
"Oh..."
AMC and GME kicked some ass in the market.I owned AMC in the $5s back before the run.
This video was so cool. Can't wait for the results.