What is Car Flipping?

car flipping 1200 628 min

Car flipping is the process of buying a used car, repairing it, and then selling it for a profit. It can be a profitable way to make money, but it can also be risky. Before you start flipping cars, make sure you understand the risks involved and have a plan for how you will buy and sell cars.

You can make hundreds of dollars or thousands of dollars per car.

You can also lose money if you don’t know what you are doing.

Only take cars needing minor repairs

Below are the areas that you need to be knowledgeable about:

What is Profit

What is the Proper Process to Purchase and Sell

Where to Find Profitable Cars

How to do Research on the Car

Negotiating the Purchase

Inspecting the Car

Selling the Car