13 Myths EXPOSED Surrounding the Used Car Business – Home Business
13 Myths EXPOSED Surrounding the Used Car Business Guide – Home Business
Myth 1: You need a big car lot with massive overhead. Wrong!
Reality: You can choose to be low key and sell just one car at a time, or five cars at a time, or twenty cars...or a have a huge car lot with one hundred cars. Its up to you and what you want to do. I suggest you start small. And for what it’s worth, I've never had a car lot.
Myth 2: You need tons of money to start. Wrong!
Reality: I started with only $400...and I've bought much cheaper cars than that...some for as little as $50.00. And if you think I had to put hundreds into that fifty dollar wonder before I sold it... Wrong again! That car required only $25.00 to get it ready for selling and I sold for $600.00. Profit: $525.00
Myth 3: You must have expert knowledge of cars. Wrong!
Reality: I knew almost nothing when I started and still don't like to get my hands greasy (and rarely do). Sure, knowing something about cars won't hurt, but common sense is the key...when you do this with the proper guidance.
Myth 4: The hours are long and grueling. Wrong!
Reality: Having free time to do other things in my life besides work is extremely important for me, and is a major part of the thing that makes quality-of-life a reality for me.
Myth 5: The real money is made selling NEW cars. Wrong!
Reality: You might be surprised to know that those big shiny new car dealerships make very little profit from the sale of new cars. Their highest profits come from selling used cars. The profit they make from new car sales is mainly because they... Tack extra points on the loans, aggressively push aftermarket extra's like: rust proofing, window tinting, extended warranties, repairs, etc. But again, their biggest profits come from selling used cars. In fact, during this current recession there are numerous old and established new car dealerships that for the first time since they opened have stopped selling new cars to focus on selling used cars only.
Myth 6: You need to quit your day job to do this. Wrong!
Reality: Part-time or full-time - it does not matter. The flexibility and free time offered from buying and selling used cars will allow you to keep your current job forever...if thats what you want. This is the perfect part-time business (with a full-time income) that can evolve into full-time work later.
Myth 7: You need superior intelligence. Wrong!
Reality: I'm not a Brainiac, and didn't graduate from college, and since I'm a fun pig that would much rather spend my time surfing, this "work" suits me just fine.
Myth 8: Selling used cars for profit only works in the U.S.A. Wrong!
Reality: My readers span the entire globe - from across the U.S. (including Alaska, Hawaii & Puerto Rico) and 32 more countries, including: Canada, Mexico, Brazil, Dominican Republic, The Bahamas, Australia, Guam, New Zealand, India, England, Ireland, Iceland, Norway, Sweden, France, Spain, Italy, Poland, Slovakia, Morocco, Niger, Nigeria, South Africa, Congo, Philippines, Sri Lanka, Russia, Czech Republic, United Arab Emirates, Bahrain, and Kuwait, USA, Canada, Mexico, Domincan Republic, Brazil, Guam, Australia, India,United Kingdom, Ireland.
Myth 9: This is a difficult business to learn. Wrong, sort of...
Reality: This was a very difficult thing to learn. Seriously. I'm not exaggerating when I say that THEY are a secretive and paranoid bunch, and that THEY haven't been willing to divulge their secrets. But again, who cares what THEY think or do because I'm ready to spill the beans now...and I'm not holding back on anything either.
Myth 10: There is too much competition. Wrong!
Reality: With the ever present high demand for used cars, and over 625 MILLION cars in the world (and rising daily), competition isn't an issue...and especially the way I'll show you how to do this.
Myth 11: It’s too difficult and expensive to get a car dealers license. Wrong!
Reality: You don't need to get your own car dealers license unless or until getting one suits what you ultimately want to do with this business. I'm very conservative about this stuff, so to get started, I suggest you start very small and very cheap. Plus, I'll be revealing a totally legal way for you to sell as many cars as you want without having your own dealer’s license. Yes, this IS legal with most of the advantages of having your own car dealer’s license...but with none of the disadvantages.
Myth 12: No one buys cars when gas prices are high. Wrong!
Reality: I'm going to reveal to you exactly what kind of cars are ever-green, meaning they are always in demand - and even sell for a premium when gas prices are going through the roof.
Myth 13: No one buys cars during a recession. Wrong, wrong, wrong!
Reality: Its true that new car sales slow to a trickle during recessions, but the used car business just keeps chugging along because the demand for basic transportation used cars is evergreen. Buying and selling used cars just might be the perfect recession proof business...and proof of that can be seen in what Sly from Arizona has been doing...
Reality: You can choose to be low key and sell just one car at a time, or five cars at a time, or twenty cars...or a have a huge car lot with one hundred cars. Its up to you and what you want to do. I suggest you start small. And for what it’s worth, I've never had a car lot.
Myth 2: You need tons of money to start. Wrong!
Reality: I started with only $400...and I've bought much cheaper cars than that...some for as little as $50.00. And if you think I had to put hundreds into that fifty dollar wonder before I sold it... Wrong again! That car required only $25.00 to get it ready for selling and I sold for $600.00. Profit: $525.00
Myth 3: You must have expert knowledge of cars. Wrong!
Reality: I knew almost nothing when I started and still don't like to get my hands greasy (and rarely do). Sure, knowing something about cars won't hurt, but common sense is the key...when you do this with the proper guidance.
Myth 4: The hours are long and grueling. Wrong!
Reality: Having free time to do other things in my life besides work is extremely important for me, and is a major part of the thing that makes quality-of-life a reality for me.
Myth 5: The real money is made selling NEW cars. Wrong!
Reality: You might be surprised to know that those big shiny new car dealerships make very little profit from the sale of new cars. Their highest profits come from selling used cars. The profit they make from new car sales is mainly because they... Tack extra points on the loans, aggressively push aftermarket extra's like: rust proofing, window tinting, extended warranties, repairs, etc. But again, their biggest profits come from selling used cars. In fact, during this current recession there are numerous old and established new car dealerships that for the first time since they opened have stopped selling new cars to focus on selling used cars only.
Myth 6: You need to quit your day job to do this. Wrong!
Reality: Part-time or full-time - it does not matter. The flexibility and free time offered from buying and selling used cars will allow you to keep your current job forever...if thats what you want. This is the perfect part-time business (with a full-time income) that can evolve into full-time work later.
Myth 7: You need superior intelligence. Wrong!
Reality: I'm not a Brainiac, and didn't graduate from college, and since I'm a fun pig that would much rather spend my time surfing, this "work" suits me just fine.
Myth 8: Selling used cars for profit only works in the U.S.A. Wrong!
Reality: My readers span the entire globe - from across the U.S. (including Alaska, Hawaii & Puerto Rico) and 32 more countries, including: Canada, Mexico, Brazil, Dominican Republic, The Bahamas, Australia, Guam, New Zealand, India, England, Ireland, Iceland, Norway, Sweden, France, Spain, Italy, Poland, Slovakia, Morocco, Niger, Nigeria, South Africa, Congo, Philippines, Sri Lanka, Russia, Czech Republic, United Arab Emirates, Bahrain, and Kuwait, USA, Canada, Mexico, Domincan Republic, Brazil, Guam, Australia, India,United Kingdom, Ireland.
Myth 9: This is a difficult business to learn. Wrong, sort of...
Reality: This was a very difficult thing to learn. Seriously. I'm not exaggerating when I say that THEY are a secretive and paranoid bunch, and that THEY haven't been willing to divulge their secrets. But again, who cares what THEY think or do because I'm ready to spill the beans now...and I'm not holding back on anything either.
Myth 10: There is too much competition. Wrong!
Reality: With the ever present high demand for used cars, and over 625 MILLION cars in the world (and rising daily), competition isn't an issue...and especially the way I'll show you how to do this.
Myth 11: It’s too difficult and expensive to get a car dealers license. Wrong!
Reality: You don't need to get your own car dealers license unless or until getting one suits what you ultimately want to do with this business. I'm very conservative about this stuff, so to get started, I suggest you start very small and very cheap. Plus, I'll be revealing a totally legal way for you to sell as many cars as you want without having your own dealer’s license. Yes, this IS legal with most of the advantages of having your own car dealer’s license...but with none of the disadvantages.
Myth 12: No one buys cars when gas prices are high. Wrong!
Reality: I'm going to reveal to you exactly what kind of cars are ever-green, meaning they are always in demand - and even sell for a premium when gas prices are going through the roof.
Myth 13: No one buys cars during a recession. Wrong, wrong, wrong!
Reality: Its true that new car sales slow to a trickle during recessions, but the used car business just keeps chugging along because the demand for basic transportation used cars is evergreen. Buying and selling used cars just might be the perfect recession proof business...and proof of that can be seen in what Sly from Arizona has been doing...
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