I am going to a police impound auction to buy a car for cheap and selling it for profit, is this a good idea?
June 9th, 2010
5 comments
I have never done this before and would like to do this for a living
I have never done this before and would like to do this for a living
I am looking to go to an Auto Police Auction, and maybe buy a car cheap for say $500, say it’s an okay quality car, and i buy it for the $500 and sell it for say $1.200 on Craigslist, would this be a sufficient wa to make money?
Does anything change with the title when the car is seized? could i still get a profit if it had a reconstructed title, if I DID buy the car for $500?
Anything else I should know?