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?
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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.

 


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