Comments on: Welcome To My World Of Buying And Selling Cars http://www.buy-and-sell-cars-for-profit.com/blog/welcome-to-my-world-of-buying-and-selling-cars-for-profit/ Most People Are Too Busy Earning A Living To Make Any Real Money Thu, 19 Jan 2012 01:17:02 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Oscar http://www.buy-and-sell-cars-for-profit.com/blog/welcome-to-my-world-of-buying-and-selling-cars-for-profit/comment-page-1/#comment-20036 Oscar Mon, 07 Feb 2011 09:19:10 +0000 http://buy-and-sell-cars-for-profit.com/blog/?p=1#comment-20036 Good post.Thank you. Brilliant. Good post.Thank you. Brilliant.

]]> By: art http://www.buy-and-sell-cars-for-profit.com/blog/welcome-to-my-world-of-buying-and-selling-cars-for-profit/comment-page-1/#comment-10144 art Wed, 08 Sep 2010 22:07:40 +0000 http://buy-and-sell-cars-for-profit.com/blog/?p=1#comment-10144 nice share. nice share.

]]> By: Online Shopping http://www.buy-and-sell-cars-for-profit.com/blog/welcome-to-my-world-of-buying-and-selling-cars-for-profit/comment-page-1/#comment-5577 Online Shopping Sun, 28 Mar 2010 13:50:14 +0000 http://buy-and-sell-cars-for-profit.com/blog/?p=1#comment-5577 Hi, I can’t understand how to add your site in my rss reader. Can you Help me, please :) Hi, I can’t understand how to add your site in my rss reader. Can you Help me, please :)

]]> By: Jannette Edeline http://www.buy-and-sell-cars-for-profit.com/blog/welcome-to-my-world-of-buying-and-selling-cars-for-profit/comment-page-1/#comment-5561 Jannette Edeline Fri, 26 Mar 2010 04:08:50 +0000 http://buy-and-sell-cars-for-profit.com/blog/?p=1#comment-5561 An execllent posting with valid points, We've been a lurker here for some time but wish to become a lot more included in the future. An execllent posting with valid points, We’ve been a lurker here for some time but wish to become a lot more included in the future.

]]> By: Florence Donaldson http://www.buy-and-sell-cars-for-profit.com/blog/welcome-to-my-world-of-buying-and-selling-cars-for-profit/comment-page-1/#comment-846 Florence Donaldson Thu, 13 Nov 2008 03:28:26 +0000 http://buy-and-sell-cars-for-profit.com/blog/?p=1#comment-846 yyr9f5mwkemq1our yyr9f5mwkemq1our

]]> By: residual income http://www.buy-and-sell-cars-for-profit.com/blog/welcome-to-my-world-of-buying-and-selling-cars-for-profit/comment-page-1/#comment-589 residual income Tue, 21 Oct 2008 19:19:30 +0000 http://buy-and-sell-cars-for-profit.com/blog/?p=1#comment-589 <strong>residual income...</strong> I found your site on faves.com bookmarking site.. I like it ..gave it a fave for you..ill be checking back later... residual income…

I found your site on faves.com bookmarking site.. I like it ..gave it a fave for you..ill be checking back later…

]]> By: admin http://www.buy-and-sell-cars-for-profit.com/blog/welcome-to-my-world-of-buying-and-selling-cars-for-profit/comment-page-1/#comment-21 admin Wed, 23 Apr 2008 21:35:05 +0000 http://buy-and-sell-cars-for-profit.com/blog/?p=1#comment-21 Hi Tony, There are two ways to handle selling a car for someone else (a consignment)... 1) Sell the car for a straight commission...or... 2) Sell the car for anything over and above a pre-agreed upon selling price. Unless you are really familiar with the market and what this particular car should sell for then a straight commission is usually the best way to sell a car for someone else. To preserve good relations with your family member (IMPORTANT!), I suggest going the straight commission route and writing up a simple little agreement stating the percentage of your commission. You might also consider stating on there how much you should get if they choose to NOT sell the vehicle after you have prepped it. After all, you should get something for the time you spent cleaning it, fixing things, placing ads, fielding phone calls, showing the car, etc., etc. I've sold cars for other people both ways and only had two times that things got weird. I learned from both experiences though and don't do things that way anymore, but here is what happened... I agreed to sell a car for a relative for anything above a certain price. The price was set by my relative...and I later learned that it was unrealistic (My mistake cuz I left the pricing research up to him). That deal was a HUGE hassle because stuff started breaking on the car immediately (like power windows) and I had to take the time to fix it and there were other things wrong too that I don't remember now. It was a very complicated VW Corrado. I finally sold it and deducted everything it cost me to repair it and didn't make a penney on it. The other time was for a friend. It was a VW bus. I cleaned that thing thoroughly but the wife-ee of my friend kept raising the price (because it looked so good after I prepped it) and then it wouldn't sell and she took it back, and again, I didn't make a penney on it. Actually, both times I was glad to get rid of the thing and just be done with it. The mistake was that I kind of let things be on a more casual basis BECAUSE I was dealing with family and a friend (BIG mistake!). In fact, it is with family and friends that you really need to be MORE careful...assuming you like them and want to hang out with them later! Steve Hi Tony,

There are two ways to handle selling a car for someone else (a consignment)…

1) Sell the car for a straight commission…or…
2) Sell the car for anything over and above a pre-agreed upon selling price.

Unless you are really familiar with the market and what this particular car should sell for then a straight commission is usually the best way to sell a car for someone else.

To preserve good relations with your family member (IMPORTANT!), I suggest going the straight commission route and writing up a simple little agreement stating the percentage of your commission. You might also consider stating on there how much you should get if they choose to NOT sell the vehicle after you have prepped it. After all, you should get something for the time you spent cleaning it, fixing things, placing ads, fielding phone calls, showing the car, etc., etc.

I’ve sold cars for other people both ways and only had two times that things got weird. I learned from both experiences though and don’t do things that way anymore, but here is what happened…

I agreed to sell a car for a relative for anything above a certain price. The price was set by my relative…and I later learned that it was unrealistic (My mistake cuz I left the pricing research up to him). That deal was a HUGE hassle because stuff started breaking on the car immediately (like power windows) and I had to take the time to fix it and there were other things wrong too that I don’t remember now. It was a very complicated VW Corrado. I finally sold it and deducted everything it cost me to repair it and didn’t make a penney on it.

The other time was for a friend. It was a VW bus. I cleaned that thing thoroughly but the wife-ee of my friend kept raising the price (because it looked so good after I prepped it) and then it wouldn’t sell and she took it back, and again, I didn’t make a penney on it.

Actually, both times I was glad to get rid of the thing and just be done with it. The mistake was that I kind of let things be on a more casual basis BECAUSE I was dealing with family and a friend (BIG mistake!). In fact, it is with family and friends that you really need to be MORE careful…assuming you like them and want to hang out with them later!

Steve

]]> By: Tony http://www.buy-and-sell-cars-for-profit.com/blog/welcome-to-my-world-of-buying-and-selling-cars-for-profit/comment-page-1/#comment-20 Tony Wed, 23 Apr 2008 19:53:59 +0000 http://buy-and-sell-cars-for-profit.com/blog/?p=1#comment-20 I am very interested in getting started in this business. Many moons ago i was a carsalesman. Recently, a relative of mine mentioned he was interested in saleing his Jeep. It accured to me that i could sell it for him at a commision or for his price and add my commision onto it. What do you think. Thanks, Tony I am very interested in getting started in this business. Many moons ago i was a carsalesman. Recently, a relative of mine mentioned he was interested in saleing his Jeep. It accured to me that i could sell it for him at a commision or for his price and add my commision onto it. What do you think. Thanks, Tony

]]> By: admin http://www.buy-and-sell-cars-for-profit.com/blog/welcome-to-my-world-of-buying-and-selling-cars-for-profit/comment-page-1/#comment-19 admin Wed, 23 Apr 2008 01:24:24 +0000 http://buy-and-sell-cars-for-profit.com/blog/?p=1#comment-19 Its a start Mark. Thanks! Steve Its a start Mark. Thanks!

Steve

]]> By: Mark http://www.buy-and-sell-cars-for-profit.com/blog/welcome-to-my-world-of-buying-and-selling-cars-for-profit/comment-page-1/#comment-17 Mark Sat, 19 Apr 2008 03:32:00 +0000 http://buy-and-sell-cars-for-profit.com/blog/?p=1#comment-17 Good luck with the blog Steve - looking good! Good luck with the blog Steve – looking good!

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