Curbstoning Used
Cars For Profit
Curbstoning is when a private party buys a used car at a low
price and then sells the car from their house to another private party at a
higher price, thus making a profit.
This term is used because the place they usually park the car they are selling
is at the curb in front of their house, hence the term curbstoner. Get it?
Many in the used car business, specifically car dealers, resent curbstoners because they didn't go through the
time and expense involved in getting their
car dealers license like
they chose to do. I can't really blame the car dealers for feeling that way
either.
But some licensed car dealers spread stories about how all curbstoners are
ripping off their customers and are evading taxes because these are under-the-table cash deals.
So whats the truth Steve?
Well, some curbstoners are lying cheating scumbags...but so are some
of the licensed car dealers too!
And just because someone buys and sells cars
from their house does not mean they are dishonest and don't pay
their their income taxes...but neither does having a car dealers license guarantee that individual will be
a more honest person.
As in all walks of life, the truth is that some people are honest, and some are
not, but we honest people still outnumber the scumbags!
Yes, fortunately most people curbstoning are honest decent people and the used car market is so
huge that there is room for lots of us to make money in the used car business!
Some governments impose limits on how many cars a private party can buy and sell per
year, but I have yet to hear about limits on how many cars a private party can
personally own and then choose to sell later. There is a clear difference.
The great thing about
curbstoning is that you can start slow, and if you choose to, you can work
on getting your own car dealers license later for your used car
business.
Click Here To See More Articles About Buying and Selling Cars For Profit
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