Make $1000 a Day Buying and Selling Cars

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  • Опубликовано: 4 фев 2025

Комментарии • 194

  • @222aint
    @222aint Год назад +15

    you just gave out life advice for every profession. Start small. Be persistent. Every no can become a yes. Wonderful life lessons, Lucky

  • @marialilahl3217
    @marialilahl3217 Год назад +30

    Exactly how I was trained in from a guy who had an independent dealership. You words were exactly what he said. And he proved it to me. Great video!!!

    • @LuckyLopez777
      @LuckyLopez777  Год назад +1

      Thanks for sharing

    • @telman5221
      @telman5221 10 месяцев назад

      @@LuckyLopez777 those poor people will lose 1000 dollars a day

  • @Eric_20-
    @Eric_20- Год назад +18

    Been trying to figure out how to get a way into a career with cars that’s reasonable and doable and honestly this is a great guide for a fairly inexpensive entry to see if it’s something I’d actually like to do or not and could open many future avenues. Appreciate the grind.

  • @jayc4715
    @jayc4715 Год назад +2

    My favorite car to flip back in the day was Corollas ...id buy 03-05s for $800-$1000 and sell for $2500+ same day after a full detail head light polish and sometimes Oil change..new $8 floor mats. Now those same cars are selling for 4 grand!

  • @kerjadigital
    @kerjadigital 10 месяцев назад +10

    - Safety and Mechanical Integrity First
    - Be Wary of Scammers and Shady Deals
    - Document Your Expenses and Stay Within Budget
    - Marketing and Presentation Matter
    - Speed is Key
    - Learn from Experience

  • @ToeKneeT
    @ToeKneeT Год назад +2

    As a fellow Vegas local and having been in the auto industry, I'm not even looking for a vehicle but appreciate the info you provide. As you know, it is hot as heck here. Stay cool and hydrate!

  • @ivecadit
    @ivecadit Год назад

    You are a very talented communicator Lucky! I saw you on Wealthion and have become a big fan of your channel! Great work!

  • @shawnkessler5866
    @shawnkessler5866 10 месяцев назад

    Lucky great work man. So honest that’s hard to find these days. Car guy here love the content. Keep up the good work brother.

  • @hilden.
    @hilden. Год назад

    You are a true hustler; very inspirational!

  • @ryanschultz1658
    @ryanschultz1658 Год назад

    So you have a wholesale license then with a repair facility essentially so you’re not limited to what you can and can’t buy? You’re not selling direct to consumer? I’m between class b and class w! I love your high volume model at $750-1k / car. That’s what I aim for, 10-15 cars a month direct to consumer, but if a wholesale license makes more sense from a zoning standpoint, I’ll go that route.. “You can’t replace a customer, you can always replace a car.” Love it bro. I aspire to do exactly what you’re doing! Located in southwest MI. Keep it up and thank you for the unmatched value!

  • @connections16
    @connections16 Год назад +8

    Thank you for keeping it real with the viewers I flip classic cars and that market is real niche

  • @tcs234567
    @tcs234567 Год назад +60

    Take this like for the 118 degrees

    • @LuckyLopez777
      @LuckyLopez777  Год назад +1

      yessssss

    • @tcs234567
      @tcs234567 Год назад

      @@LuckyLopez777 stay cool. When you’re in the AC, and your brain is normal - do a collab with Brandon. I love his shit, and you two have good chemistry.

    • @dakotaautosales9673
      @dakotaautosales9673 Год назад

      @@tcs234567 Lucky is so far ahead of Brandon Brandon is a junk dealer

    • @justSTUMBLEDupon
      @justSTUMBLEDupon Год назад

      You can tell he is FEELING the heat in the video lol
      I’m like man do the rest of the video inside lol

    • @jessewood4271
      @jessewood4271 Год назад

      AZ desert resident here I feel you on the 118 degree heat its draining

  • @wishmaster768
    @wishmaster768 Год назад +4

    your content is amazing, I started flipping cars that were not mine, people contact me with cars that they wanted to sale but they don't have time to do it themselves so I detailed the cars and posted on Facebook, got a 20% commission out of each sale, I saved that money and got my first car from a city auction, 2014 Ford explorer police interceptor, fixed at my pace and listed on Facebook, the car got sold 3 days after and I made 50% profit, now I'm going to reinvest the money, targeting to get 2 cars this time. you inspire me! Thanks a lot

  • @the305hauler
    @the305hauler Год назад +1

    All good info, even for just buying a used car for personal use.

  • @vmcars17
    @vmcars17 Год назад +2

    Thank you Lucky, always looking forward to getting advice from you weekly.

  • @speedy4829
    @speedy4829 Год назад +11

    While I have no interest being a car dealer. Kudos to lucky for giving well thought out and timely information to help rookie dealers tilt the odds of success in their favor.

  • @thehoteldeveloper
    @thehoteldeveloper Год назад +6

    LMFAO you said homelss gang bang! Thanks man I needed a good laugh. Having been a silent partner in a failed tote the note car lot you just gave a ton of good advice.

  • @D4N63ROU5
    @D4N63ROU5 Год назад +1

    Might want to start with the fact that it's illegal in every state to buy cars with the intent to sell them for profit without a dealer's license. You can sell cars for profit, but not if it was your intent on purchase.

  • @vincekara9446
    @vincekara9446 Год назад +1

    Great advice. Cheers from Australia!

  • @dirkpoulsen
    @dirkpoulsen Год назад

    It's a lovely business. Lucky, you had some great tips in this vid, probably the best video you have done in a while

  • @johndoe-vb9sm
    @johndoe-vb9sm Год назад +2

    👍👍 Good info. I miss Vegas and Banshees in them small dunes and trails by Nellis. Sounds like all truth to me on what your doing....you laid it out for reals. Im not even gonna try it😅 I do know cars and can fix them, but I will stick with plumbing. I do pretty good. Keep it up, Im still watching. Thanks

  • @therustyduck5400
    @therustyduck5400 Год назад

    Great info Lucky, yep yep and yep! I do all the above. Glad ya didn't stroke out, Crazy heat, broke a record in Sacramento yesterday, 109, Yuck! okay, carry on......

  • @erikking377
    @erikking377 Год назад

    Great informative RUclips Channel, Thank you Lucky

  • @TALLY777
    @TALLY777 Год назад +2

    Thank you, Lucky. Very useful info as always.

  • @UfUff-oz6xx
    @UfUff-oz6xx 5 месяцев назад

    ❤❤❤❤❤❤ thank you for this vallyo info God bless you

  • @jrey1
    @jrey1 5 месяцев назад

    I remembered watching the Flying Wheels channel when he challenged himself to start very small and work his way up to a Ferrari, and one day he had enough money to get a Bentley for i believe close to $30,000. I believe he listed for $35k, but sat on it for MONTHS. He finally ended up breaking even iirc. He said the same thing, cheaper cars are way faster and easier

  • @SinCityDetail
    @SinCityDetail Год назад

    It is so hot here 🔥🔥🔥 Loved this video. I hope I can find a few to detail and flip.

  • @ROKKANS
    @ROKKANS Год назад +4

    Me and my friend are making hand over fist in cash, I’m a master of sales and marketing and he’s a master at mechanic work. He finds the deals, fixes, then, I sell them, and we split it evenly

  • @ambivertical
    @ambivertical Год назад

    May the Lord bless ur generosity Lucky. Most ppl would give this info through a charged e course. This is pure wisdom. Im not even a car guy! Its all fascinating to me

  • @radicalred4u
    @radicalred4u Год назад

    Great Video Lucky...Thank You.

  • @cornell833
    @cornell833 Год назад

    Been selling cars flipping since 2012 great business I bought nothing over 2005 for 5yeaars starting off but then moved to nothing above 2010 currently I am a mechanic it helps 🛠 but its money to be made

  • @123andme
    @123andme Год назад

    Sounds like you are right by North Las Vegas. Good advice!

  • @shawnbulleri7187
    @shawnbulleri7187 Год назад +1

    Great video Lucky , I wanted to comment early into your video but waited until the end and you said what I wanted to. If you want to get into the business go work for a dealership and learn from them.🧐

  • @edorrone5313
    @edorrone5313 Год назад +1

    Great video! I was wondering, How do you get a wholesale license in the state of Nevada?

  • @RobsNeighbor
    @RobsNeighbor Год назад +5

    Thank you Lucky!

  • @john.johnb_online1438
    @john.johnb_online1438 Год назад

    Thank you from Vegas

  • @kevinrobinson630
    @kevinrobinson630 Год назад +4

    Thanks for the insightful video once once again. When the market falls, do you find that salvage vehicle prices rise as well?

    • @LuckyLopez777
      @LuckyLopez777  Год назад +3

      No they are going down. no one wants to fiance and people are pick on titles

  • @InMyBrz
    @InMyBrz Год назад +1

    I bought dealer auction cars using a small Mom and Pop dealer's license of a friend of mine for 25 years. I had another job that took me out of the country so I wasn't doing volume, but it worked great.
    I did something that NOBODY is talking about, I put the cars in MY name, paid sales tax 8% and got a regular tag.
    You might think that is CRAZY but when you have cars you bought right, you can spend 10% registering it. ALL this W/O me getting a dealers license. I'll spend 10% any day to avoid spending all that $$ for a dealers license.
    When searching for cars on places like CL, I always put in values like $200-800 to see what pops up, you NEVER KNOW and that beats going through thousands of ads. Work the value up slowly into your max value you want to spend.
    In today's market I question if it's a good time to get into this full time, things are pretty shaky, not to mention car insurance is out of sight

    • @LuckyLopez777
      @LuckyLopez777  Год назад +2

      its definitely going to get tough in the car biz the next 12 months

    • @InMyBrz
      @InMyBrz Год назад

      @@LuckyLopez777 RIGHT, Time to find ways around spending (wasting) money

  • @jwarchild7072
    @jwarchild7072 Год назад +1

    GREAT info! Thanks Lucky

  • @trindon9439
    @trindon9439 7 месяцев назад

    Texas doesn’t have a mobile mechanic license. Is that the same thing as the sales tax certificate?

  • @warrenjinks5134
    @warrenjinks5134 8 месяцев назад

    Ohh yesss ! This WILL be mine ..😅

  • @yassireltigani3456
    @yassireltigani3456 Год назад

    How about sticking to one type of cheap cars like Toyota or Hyundai for example

  • @GGGG-qq8in
    @GGGG-qq8in Год назад +2

    The problem with California is you legally can’t sell more than one car for profit unless you have a dealer license.

    • @jamesrecknor6752
      @jamesrecknor6752 Год назад +4

      One of many problems with humanist socialist people's paradise, California.

    • @GGGG-qq8in
      @GGGG-qq8in Год назад

      @@jamesrecknor6752 ya ultimately they just want to collect more and more taxes. After all the fees on taxes and taxes on fees Californians are giving up half their income to taxes. Worse than the mafia.

  • @jamesrecknor6752
    @jamesrecknor6752 Год назад +8

    An incredible amount of very valuable information, being given for free.

  • @SirCarlosMusicBMI
    @SirCarlosMusicBMI Год назад +2

    What a wonderful video.
    So much great information regarding making money flipping cars.
    Just wondering 💭, is it difficult selling cars in a very hot 🥵 area? I live in Paso Robles, California and it gets into the triple digits here and I hate hot 🥵 cars.
    Thank you for an awesome informative video.
    Blessings, Carlos ✝️🙏❤️🇺🇸

    • @LuckyLopez777
      @LuckyLopez777  Год назад +1

      thanks i appreciate it

    • @InMyBrz
      @InMyBrz Год назад

      DON'T BUY any cars that have NON working AC unless YOU can fix it yourself

  • @Bosshog4541
    @Bosshog4541 Год назад +1

    If I may ask what can a minimum I can make being a buyer for a dealer or just flipping in general

  • @illuminatidestroyerbear2231
    @illuminatidestroyerbear2231 Год назад +2

    Don't stroke out Lucky, I appreciate you.👊

    • @LuckyLopez777
      @LuckyLopez777  Год назад +2

      Im trying not to. just trying to lose weight lol

  • @jeffg5576
    @jeffg5576 10 месяцев назад

    I have been flipping cars on the side while I sustain a full-time job as a manager for one of the local wireless companies. After losing lots of money, buying the wrong cars and about three years of learning on my own the hard way. I can finally see improvement on how I choose my cars and finally have been able to make some profit on them. After 22 years in the wireless industry being diagnosed with anxiety and high blood pressure, dealing with customers, I decided to go all in to flipping cars. My big question to you. I was looking to get a brokers license, but I may just get a wholesale license. I like the idea of buying a few cars fixing them and put them back in to the auction for a quick profit on each. Will I need a broker license or a wholesale license to accomplish this? Or do you suggest having both. In this case what type of auctions will I be able to place these fixed up nice cars once I fix them to make any profit on them. Locally I have Copart but usually they sell junk cars and I’m afraid I’ll end up losing money there. to finalize I just want to tell you thank you very much for the Video. You couldn’t make this any better for someone that is trying to learn the business. Thank you again!

  • @mikethomas7138
    @mikethomas7138 Год назад +1

    I'd love to get into a car auction, but dealer only, and the rules to get a license, the states make it hard on purpose

  • @luischaclan00
    @luischaclan00 Год назад +1

    Hey lucky how do you go about the title transfer? Should I put everything on my name? How does that works?

  • @lurcharoni
    @lurcharoni Год назад

    Awesome video ... now I know why I can't score a cheap beater for myself on Craigslist lol

  • @IanHall-s6m
    @IanHall-s6m Год назад

    How are you estimating what they will sell for at auction? Are you using a base model car and using the low end of MMR as a goal? Thanks.

  • @Truck_OFF
    @Truck_OFF Год назад

    Most important thing is to have cash!!! Lots of it to cover your cost of living + to buy cars then need to wait time to sell cars! Need cash 🎉 otherwise its working scheme 100%

  • @505fastlife6
    @505fastlife6 11 месяцев назад

    Good info. Im a mechanic by trade with a truck a one car hauler and some money to invest. Im trying to figure out how to work for myself. I keep hearing you mention mobile mechanic license. How do i know the value of cars i want to buy or does that just come with experience?

  • @partrickmgembe9889
    @partrickmgembe9889 Год назад

    I need to learn more bro before i start this flipping business

  • @ke0kie
    @ke0kie 9 месяцев назад

    You can’t flip without being a dealer over time. You might be able to flip a CL deal but the path is to become a retail dealer

  • @MidWestErb
    @MidWestErb Год назад +2

    The curbstoner in me says sssshhhh😂. But yeah I made good money from a minivan with trash falling out when you opened the doors. Took out the carpet, powerwashed it. 2k profit. Also folks, don't take pictures at the car wash so your car looks shiny lol.

  • @puali00
    @puali00 7 месяцев назад

    I sell cars and i'm currently thinking about this.

  • @bigbilllasvegas
    @bigbilllasvegas Год назад +3

    Hey Lucky, you want that Lamborgini, you want that Maserati, You want to live fancy in the Hollywood Hills, Gone in 60 seconds. Its too hot to sell cars.

    • @LuckyLopez777
      @LuckyLopez777  Год назад +1

      I have had a lambo and masarati. all i want is a Turbo Smart Car

  • @Josup702
    @Josup702 Год назад +1

    How do you do it with test driving the car? Do you transfer the title to your name? Do you add insurance and get a 30 day temporary tag? Thanks lucky

  • @mojojojo-wk6wo
    @mojojojo-wk6wo Год назад +1

    Lucky. Thank you for doing this

  • @DarkClosetOfTheMind
    @DarkClosetOfTheMind Год назад

    Good video but there are a couple things that you missed: one paying taxes on the car (before you have a company) and the length of time it takes to get the title after buying it. In NYS you need a lot to get a dealer's license too. What parts are you looking for on the Subaru, maybe I can help. Thumbs up for not "stroking out". :)

    • @LuckyLopez777
      @LuckyLopez777  Год назад

      thanks I appreciate it

    • @InMyBrz
      @InMyBrz Год назад

      AVOID CARS with title problems
      DON'T BUY auction cars without the title present, they will tell you if it's not there

  • @victorbaird8220
    @victorbaird8220 Год назад +1

    I feel “Lucky” watching this 😊

  • @johnjohnson9135
    @johnjohnson9135 Год назад

    Gereat video Lucy!!! How do you buy and sell cars without delaers license? Here in wa state limit is a 4/year if you dont have license. Thanks again!

  • @clubracer6
    @clubracer6 Год назад

    No need to apologize for the sound of freedom! 🇺🇸

  • @kchanful
    @kchanful Год назад

    Is it better to buy a car from a independent owner? Or auction? And what would be the mileage cutoff?

  • @michaelcanez6940
    @michaelcanez6940 Год назад +2

    Hey lucky quick question i just recently got my wholesaler license here in Arizona. Do you ever recommend purchasing cars from the dealer auction that are needing work? I havent bought anything yet i was planning to sell at auction.

    • @LuckyLopez777
      @LuckyLopez777  Год назад +2

      thats what i do. if your good with repairing cars

  • @jacielgarcia2946
    @jacielgarcia2946 10 месяцев назад

    Is hard if not impossible to find a car per day I do it but 1 car a week 1-2 k profit something 3-4-5k when I get a cheap deal but finding cars this days is hard they are expensive! I only buy clean tittle
    And no old cars 4K plus cars
    Under that they are mostly a risk to have unknown issues unless you are a mechanic!

  • @Sebastianx115
    @Sebastianx115 Год назад

    What of you wait long to sell

  • @marrisgroup301
    @marrisgroup301 Год назад

    Thank you so much for the value!

  • @gamechanger835
    @gamechanger835 Год назад

    If you take pictures in front of graffiti for commercial/advertising purposes keep in mind that you are legally financially obligated to pay any artist who's work is shown for using their artwork. Usually you will never hear from the artist but if you are contacted by them or their legal team you will be financially responsible for the licensing.

  • @yassireltigani3456
    @yassireltigani3456 Год назад

    Great video

  • @WaynesAdventure
    @WaynesAdventure Год назад

    Valuable information

  • @gabriellondondo8155
    @gabriellondondo8155 Год назад

    What would be the best way to sell other people’s (dealers) cars ? And the the commissions

  • @thomasdavid1854
    @thomasdavid1854 Год назад +2

    How do you do this, but in the auctions? I have access with my uncle, not sure where to start.

  • @jzplayinggame
    @jzplayinggame Год назад

    If someone was that wrong about carvana, can he be trusted for anything car related?

  • @shawnbulleri7187
    @shawnbulleri7187 Год назад

    Here is some advice that I was given from an Old crusty car dealer when I first got into the business 31 years ago. He said Son you want to know how to make a small fortune in the car business, I said yes , He said start with a large one 🤯

  • @unshapingtheearth7916
    @unshapingtheearth7916 Год назад

    What would you recommend someone do when they got less than $1000 saved as a first step towards buying and selling cars? Should i get licensed first and an office with insurance? I just was thinking what point is it to build a relationship when you cant even sell the car if you get one

  • @alexbogdan4568
    @alexbogdan4568 Год назад +2

    Do you buy the cars to be Cost of Car+Recon=500-1k under MMR so you end up selling at MMR at auction?

    • @LuckyLopez777
      @LuckyLopez777  Год назад +2

      I try to be under MMR. but cars under 8k seem to go over mmr 500-1000 avg

    • @abelcorona6632
      @abelcorona6632 Год назад

      @@LuckyLopez777 did you mean they sell 500-1000 avg above mmr ?

  • @joshuatovey
    @joshuatovey Год назад +1

    Hey lucky I always appreciate the content I recently opened up a used car dealership in Las Vegas, and I’m having trouble getting customers in, I haven’t been taking pictures in a nicer location, which now I will do, I keep my cars clean. I was wondering if you have any advice for me, I only have 10 cars right now we got our temporary license already, and I have been struggling to get cars sold, more so getting customers in. Any words would be appreciated. Thank you.

    • @LuckyLopez777
      @LuckyLopez777  Год назад +4

      Congrats. its going to be getting ugly in vegas. what ever you do dont buy alot of cars with your flooring line. and watch your fisrt payment defaults

    • @lawaynehelmuth9581
      @lawaynehelmuth9581 Год назад +5

      I'll give you a tip put on yr., make, model, mi., price etc on the vehicle..... your price should be cash plus tax and title... no other fees, no pressure sales that will drive people away, if you offer extended warranty offer them one that you would want to buy for your vehicle and offer it for a reasonable price if they say no Let It Go your goal is to sell them the car and last but not least be honest.. lying will put you out of business....
      it will take a little time but once people figure that out and your reviews start coming in it'll bring more business...

    • @joshuatovey
      @joshuatovey Год назад +2

      You guys are amazing thank you 🙏

  • @ErickB-dv2km
    @ErickB-dv2km Год назад

    Hi I watch all your videos just got my dealers license in houston Texas just have a small office and 5 spots I want to do wholesale but I feel like dealers don’t like buying from small dealerships at the auction any recommendations thanks

  • @JessSkubi
    @JessSkubi Год назад

    I can attest to FB marketplace. I sold a non running older Lexus for a few thousand in less than 2 hours.

  • @oui.monsieur
    @oui.monsieur Год назад +1

    Always drop 🔥

  • @WTF-sh4is
    @WTF-sh4is Год назад

    My favorite saying on OfferUp listings is “No low balls!” 😂😂

  • @marculysse5695
    @marculysse5695 Год назад

    It’s call jump title if u don’t register all of the car under a business or a dealer

  • @Beefsnorkel1337
    @Beefsnorkel1337 Год назад

    Am I able to book a coaching call/hour with you?
    I just relocated back to Phoenix, all ready to go. Long time dealer tech and lots of experience in the business. My plan: wholesale to dealers at auctions

  • @abelcorona6632
    @abelcorona6632 Год назад +1

    Where are you reselling the cars ?

  • @Anwarmartin
    @Anwarmartin Год назад +1

    how does titling work when you flip cars and you're not a registered dealer? do you just not sign the title and pass it on?

    • @LuckyLopez777
      @LuckyLopez777  Год назад +2

      I would check you state for limits you can sell 5-10 cars. to see if you like car flipping then go get a dealer or wholesale license

    • @Anwarmartin
      @Anwarmartin Год назад

      @@LuckyLopez777 thanks!

    • @InMyBrz
      @InMyBrz Год назад

      NOT being a dealer and selling a car with a title from the seller with his signature- and selling it to someone else IS ILLEGAL, it's called JUMPING THE TITLE

  • @johndoe-vb9sm
    @johndoe-vb9sm Год назад

    Im about to try and sell my personal 2012 Escape with 155k soon. Its good shape. See how it goes.

  • @Shannon_Vlogs
    @Shannon_Vlogs Год назад +1

    Smashed Like preemptively!

  • @WachoDude
    @WachoDude Год назад

    Liked! Well deserved

  • @1p4142136
    @1p4142136 Год назад

    Do painting cara increase their value?

  • @john.johnb_online1438
    @john.johnb_online1438 Год назад +1

    Lol
    “ if I stroke out”
    At least get some likes

  • @ericvonha7694
    @ericvonha7694 Год назад +1

    Bro, do you even lift?

  • @telman5221
    @telman5221 10 месяцев назад

    this is just an infomercial for youtube . please don't call private sellers and lowball them on facebook marketplace they will block you

  • @amigo2k10
    @amigo2k10 Год назад

    I crazy how you mentioned mobile mechanic now they dont like being called mechanics not necessarily the mobile guys but in general the shop guys like being called techs

  • @ASM-gx6xe
    @ASM-gx6xe Год назад

    Gracias López

  • @zfunk9
    @zfunk9 Год назад +1

    So basically buy $10,000 cars for $3500. Really the biggest issue is all the $10,000 cars out there are being sold for no less than $12,000. Forget about finding them for $3500.

  • @rccl4487
    @rccl4487 Год назад

    Is the Pontiac vibe for sale ?

    • @LuckyLopez777
      @LuckyLopez777  Год назад +1

      Its Junk you dont want it lol

    • @rccl4487
      @rccl4487 Год назад

      @@LuckyLopez777 cool man thanks for your integrity and honesty, other small Toyotas like it available?

  • @LegitMeow
    @LegitMeow Год назад

    Here comes the exit liquidity