The best cars to flip on craigslist

Flipping cars on Craigslist can be a great way to make some extra cash. But selecting the right cars to flip can make all the difference to whether you succeed or not, how quickly your car sells and how much money you make when it does. Our experience flipping cars on Craigslist has taught us … Read more

How to start a used car business from home

Buying and selling cars is a good business and it has a six-figure paying potential if you become a full-time car dealer or trader. But you can also make a great living or additional income selling cars from home. All you need to get started is a car to sell and a smartphone, it really … Read more

How much do Ferrari salesman make?

This is a question I have been asked lots of times in the past and the truth is that a Ferrari salesman typically doesn’t earn any more than a salesman selling normal cars. The reason for this is that Ferrari’s and similar supercars are highly desirable and in most cases literally sell themselves. These cars … Read more

How to succeed in car sales?

The motor trade can be a hard business to be in sometimes and a great many car sales executives and dealers never make it through their first few months or years. Some underestimate the effort and commitment needed to make it in the motor trade and often overestimate the income they can achieve. Sometimes people just get … Read more

Do I have to pay tax on the profits I make flipping cars?

If you are making a profit of over £1000 per annum flipping cars you will have to notify HMRC and pay tax on any profits. But if you make under £1000 HMRC have introduced a tax free allowance to cover “self-starters” with small, hobby-based businesses. So if you flip a car and make a profit … Read more

Is car sales a stressful job?

Yes car sales is a stressful job. The job of a sales executive or car dealer is considered one of the most stressful jobs you can have. Sales staff and dealers work long, erratic hours spending much of their time showing cars to potential clients, following up leads, dealing with endless paperwork and managing enquires. … Read more

Can you make money buying and selling cars?

The short answer is yes you can you make money buying and selling cars. Whether you are thinking about a small operator flipping cars as a side hustle or a large dealer group. There is a lot of money to be made buying and selling cars. How much money can you make selling cars? Franchised … Read more

Should you take a deposit on a car?

There are a lot of things to consider before taking a deposit on a car, and there are dos and don’ts for both the buyer and the seller to consider. Below we will cover what a deposit is and help you understand if you should take one when selling a car. What is a deposit … Read more

Can I buy sell cars at auction for profit?

Yes you can and lots of car flippers and dealers do the successfully. But there is a lot to learn if you are going to be successful. Below we cover everything you need to know to get you started buying and selling cars at auction. How do car auctions work Auctions have long been the … Read more

What qualifications do you need to be a car salesman?

You don’t require any qualifications to become a car salesman or sales executive in the UK. Lots of managing directors, sales managers and used car dealers also have very few academic qualifications. You will however need a willingness to learn on the job and exceptional people skills are a requirement if you are going to … Read more