"For some people, buying and selling cars is a hobby. For me, in this economy, it is how I pay my bills. It's so great to know that I'm not alone AND that I have somewhere to turn for help."
Frequently Asked Questions - General
CarFlipping is the process of buying cars, vehicles or automobiles and selling them for more than you pay for them. CarFlipping follows the simple business rule of....”Buy Low, Sell High”. Like any business, CarFlipping is identifying reasonably priced goods that can be resold at a higher price by i). Re-Marketing the product better than the original seller; ii). Restoring, repairing, or improving the product; or iii). Selling the product to a larger potential buyer pool.
Believe us when we say this, CarFlipping.com and its Members, collectively, have tried flipping just about everything else you can imagine. Anything from antiques, baseball cards, coins, dolls, computers, bicycles, office equipment, building materials, stocks, oversupply inventory to yachts, tractors, real estate (residential AND commercial), airplanes, etc. There is incredible opportunity in flipping the previously mentioned items HOWEVER, the CarFlipping.com members are ONLY flipping cars now for the following reasons (to name a few):
●Significantly more BUYERS. Lets face it, everyone needs a car.
●Growing Market. With the current Economic environment, less people are inclined to go buy new cars and are keeping their used cars longer. This is increasing demand for used cars.
●Less risk. When Flipping Cars for a Profit you are buying a TANGIBLE item. As long as it is insured, it will not go to ZERO and you wont loose all of your money (like stocks for example).
●More Money to be made. It is not uncommon to earn 30% in less than 30-45 days when flipping cars. This is 240% to 360% percent annual return.
●International Market of Buyers. There are Buyer all around the world for the right cars.
●Less initial investment. Unlike flipping other items like houses, furniture, etc. you can start flipping cars with as little as $200 (or zero with the FlipBuyer Program)
●MORE FUN. Yes!!! You can drive them, work on them, show them off, take them to shows, etc. etc.
CarFlipping.com offers a “DashBoard” of tools to help you be successful buying and selling automibles;
The CarFlipping.com Manual:
Get under the hood and learn the secrets from the Pros! The Manual is a 150+ page step by step playbook that will guide you through buying the right car and selling it for a profit and all the steps in between.
The FlipFinder Tool:
SEE THE DEALS FIRST! The FlipFinder is a one of a kind proprietary tool that will GUARANTEE you find the cars you are looking for. Like finding a needle in a haystack, FlipFinder will do all the work for you, searching millions of ads, to deliver what you want right to your CarFlipping account or inbox in REAL TIME.
The CarFlipping.com Community:
WHERE TOP ENTHUSIASTS CONNECT! The Community is where top car enthusiast, all over the world, come together to share their stories, knowledge and resources. There is no limit to the information our members find on The Community.
The FlipBuyer Program:
YOU DONT NEED MONEY TO BE A SUCCESSFUL CARFLIPPING.COM MEMBER! GET PAID TO FIND DEALS! The FlipBuyer program is your way to earn Finders Fees just by finding good deals. If you’re passionate about cars and know a good deal, but simply don’t have the time, money, or confidence to flip them yourselves, FlipBuyer will put money in your pocket.
CarFlipping DealJacket Paperwork System:
Some of the most costly mistakes in the car world are stemmed from improper paperwork. The DealJacket system is a unique assistance program where your CarFlipping membership will give you direct access to car dealers who will work with you to make sure your paperwork is prepared accurately and legally.
The CarFlipping GearBox:
ALL THE ADDITIONAL RESOURCES YOU NEED! The Gearbox is a list of credible third party sources to make buying and selling cars even easier. The Gearbox includes auto shippers, parts resources, insurance companies, auto appraisal companies, photographers, auto dealership resources, and many more!
As a Member of CarFlipping.com you have access to ALL of the tools for YOU to be success. Members can utilize all of the tools available or just some of the tools available depending upon Member i). experience level; ii). personal goals; iii). capital; iv). networking needs; v). location; vi). resource needs; vii). education needs; viii). search experience; ix). time restrictions; x). paperwork needs; xi). skill levels; to name a few. The point is that CarFlipping.com is not just another “web tutorial” that will sell you something and not provide the support, tools or network to execute. CarFlipping is here for you EVERY step of the way, from beginner to advanced. If you are successful then we are successful, so CarFlipping.com will never restrict Members from the tools that are available.
We are successful if YOU are successful and we have stayed committed to this concept since inception. With that as our core value, we INVEST alongside you and support you in your CarFlipping endeavor by funding your Flips. That is right, we will BUY the cars you find and pay YOU your finds. No need to tie up your cash, let CarFlipping.com pay you to find deals while you keep your wallet in your pocket. Whether this is a full time gig and you flip several cars a week or this is a hobby for extra cash, we are your co-pilot and, to prove this, we are putting “skin in the game”. Submitting FlipBuyer deals is simple with an online application process for members only. Deals are reviewed quickly and finders fees are paid upfront.
The answer is easy. Whether you are a dealer, or private party individual buying and selling cars for a profit, you are still a CarFlipper. Our knowledge and tools will help you find, qualify and turn your inventory faster and more efficiently. In addition, the networking aspect of CarFlipping.com is an amazing asset for your business. Several Dealers are Members of CarFlipping.com. Give it a try today!
Not a problem! The vehicle industry is enormous and the market you are about to enter is one of the largest markets in the world. There are an estimated 806 million cars and light trucks in the world. This represents one of the largest transaction based industries in the world. Think of the numbers: with 806 million vehicles in the world and the average owner keeping a car for 5 years, this translates into approximately 161 million car transactions a year! We’re talking about hundreds of thousands of transactions every day worth millions of dollars. What other industry has that? We guarantee that this is NOT an issue. In fact, many of our members report that there are more deals “on the radar” than there are hours in the day to get the deals done!
Consider this – Manhiem Used Car Auctions recently reported that the average large dealership’s net profit for used vehicles was only $230.00 per car and $14.00 per car for new cars! So, why do dealerships even bother with new cars? The answer is to drive traffic for people buying used cars or trading in used cars. The large dealership new auto sales numbers are horrendous! The large dealerships make a lot of their money through financing, service, parts, etc. What's more is that anyone that has been to a dealer auction lately knows that the dealers are fighting tooth and nail for quality inventory. Even the new car stores (yes, the dealerships with the balloons and 50 foot blow-up gorillas) are desperate for used car inventory as those sales are what allow them to keep their lights on.
As a CarFlipping.com Member you have the potential to make up to 10 times more than the dealers on a sale. The Community has an average net profit (calculated from actual transactions by CarFlipping members) of over $2,400 per car because our members follow the tried and true processes to doing deals. Also, CarFlipping.com Members don't have near the overhead expenses that a dealership does. They don’t have 100’s of employees or a $50,000 monthly rent factor that dealerships do!
CarFlipping.com is so confident that you will find your CarFlipping.com Membership valuable that it provides a 100% money back guarantee. Click HERE to see details. In addition, review the track record to see REAL CARS, REAL PEOPLE AND REAL PROFITS. These are Members using their CarFlipping Tools to PROFIT. Click HERE to see the TRACK RECORD. Still not comfortable? See what Members are saying. Click HERE to see some Testimonials. CarFlipping.com is here for you every step of the way. Contact us anytime at Admin@CarFlipping.com
In the CarFlipping Manual, we recommend that people check with their state to see how many cars they can flip in a year and NOT be required to get a dealers license. Many states are as high as 15 cars per year! (Indiana, for example, lets you flip 12 cars/year without a license...that's one a month!) You can see an interactive map below or go HERE for specific state requirements.
Options are:
- Get a dealers license in your specific state (wholesale license or retail license depending upon your sale channel and volume). You can cheaply and easily do this with these guys: www.dlcnetwork.com
- "Flip" or "Curb-stoning" titles (This is illegal in most, but not all, states. This is when you buy a car and leave title open for your buyer to fill in. We do NOT recommend this, but it is a practice in the industry).
- Team up with a local car dealer to do the paperwork for you. There is often a small fee involved ($150 to $399). This can certainly be the easiest route.
All in all, it really depends on your situation: where you live, how many cars your want to flip, etc. We explain ALL options in the CarFlipping Manual including detailed positives and negatives. Ultimately, making a recommendation specifically for you depends upon your individual situation.
