Exporting Used Cars For Profit
Exporting used cars for profit is one facet of
buying and selling cars that I have yet to research, but I saw a TV show
recently that got me thinking about the huge profit potential.
I don't remember the name of the TV show now, but it was about this guy from
China that was running the largest car theft ring in U.S. history.
The NYPD figured that this guy stole something like $120,000,000.00 USD worth of
high-end exotic cars.
The thing that was confounding the NYPD was that these cars were totally
vanishing with no parts from the stolen cars turning up anywhere, no record of
the cars appearing on street cameras, and no paper trail…nothing.These stolen cars were disappearing
without a trace!
What happened is that this guy would
immediately drive them to a warehouse in New York City where they would fix
anything that got broken during the process of being stolen (window glass,
ignition switches, etc.).
Then after a few days of "cooling off" they would drive them in busy day time
traffic (So they would blend in with the masses) to a container where they would
truck about 4 cars at a time to a shipping port in Long Beach, California.
Then the the cars would be shipped to China where they would be sold for MEGA
profits.
In time, the thief got so bold that he was breaking into Mercedes Benz
dealerships at night and driving off with their entire inventory of brand
spanking new Mercedes!
Of course one of his cronies got caught for something dumb like a tail light
that didn't work and immediately squealed to the cops.
But here is what really got me interested in exporting used cars for profit…they
said...
A car worth $60,000.00 USD would sell in China for $120,000.00 USD!
As third world countries (like India and China,
etc.) become industrialized, the wealthy want toys and you, yes YOU, could
possibly DOUBLE your money exporting used cars for profit!
Of course I don’t want you to do anything illegal or dishonest, but the money you could make from exporting used cars for profit might be like legal theft!
But I can’t afford to buy any car for
$60,000.00!
Okay, but after thoroughly researching the
subject of exporting used cars for profit, maybe you can find someone willing to invest
some capital.
How will I sell the cars?
Find someone you can TRUST. Maybe you have
relatives offshore you can talk to? Maybe you can find someone on the internet?
For obvious reasons, you will have to find someone you can trust completely. I
would do everything you can to check them out and of course all funds should be
placed in an escrow account and not released until both parties are satisfied
with the vehicle. Also, be sure to read this page if
you will be dealing with strangers.
What about exporting cheaper
used cars?
That might work too. You need to find out what
all the shipping costs are and possible tariffs to see if it would be worth
exporting cheaper used cars. In fact, exporting cheaper used cars might work
better depending on the country you are exporting to.
There is a surfing movie about these guys that bought two used 4WD vehicles and
headed south to Mexico and Central America. Their objective was to surf and film
perfect waves along the way. I wish I could remember the name of the film (I
think it was something “Zero” or “Zero” something). Anyway, apparently when they
had gone as far as they wanted to and were done surfing their brains out,
they sold the two 4WD’s they bought in California for enough of a profit that it
paid for their entire trip. How cool is that? The potential is there!
So that’s all I know at this point about exporting used cars for profit. I
realize I’m only touching the surface here, but with the potential profits
involved, exporting used cars for profit is definitely something worth
researching!
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