I’m 70. Been in the car biz for decades. I recently started flipping again. $1000. a day is very doable. I like my free time so I do less. All this man is saying here is true! Straight talk! Excellent review. 🙏🏼😊
Always be buying undervalued. This is not just low $ value, it’s also a car that looks or cleans up to look really good. Nice looking cars will always sell quickly compared to a car that’s in amazing condition with low miles but not visually appealing. IMO All the best! 😊
I’ve been doing this for a year now and I have learned a lot. One thing I can say is that getting a car that’s worth around $10k at a very good price say $5000-$6000 is actually hard to sell. I’ve had 3 $9-$10k cars and people want to finance, give a check, etc. I now only try to stick to cars valued $4k-$7k for quick profit sales than sitting with a car that’s worth around $10k
Glad I came across this comment, that's good to know. However, don't you need to factor in the location? I live in Montgomery County, MD and people here have money to blow surrounding areas, lots of parents buy their kids vehicles cash/check at $30-$40k - but cheaper ones would probably go a lot quicker than $10k+ like you said even here, easier for people to get financed at $3-7k vs $10k+
@@TR_binarytradermadathe cash purchase bracket sells fastest. Also? There is a psychological comportment to paying ten and over… that it’s riskier in private party and people falsely perceive dealers to be the safer bet, in that the car is going to be in good shape and well inspected..
There’s no one online that gives this much value for free on selling vehicles. I’ve been watching you from the beginning, doing it on the side here and there, but ready to take it to the next level. Thank you lucky!!! Appreciate you…
Wow I don't even have a car. The truth is I'm a 70 percent disabled vet. I haven't been able to much and won't be able to do much work wise. I know there's money to be made and it's as simple as making the next right move and not doing nothing will never get anyone anywhere. There's a lot of negativity in our economy and it seems to be just getting worse. But after seeing this video I feel inspired and motivated. I see it's possible and opportunity for the little flipper. It's a little flipper market. I'm going to my first acotion in a couple days and I needed to see this video. I never would have the attention span to listen a watch videos like this but thank goodness I found this video. I was looking for something to help me and I think this video just gave me some insight and information to help me when I go to my first auction. This video you put together is probably going to be life changing. Thank you man. God bless, From Monrovia IN. A farm town middle of no where ..
Everything that you've said is correct. I can not dispute anything. I've been a wholesaler & retailer for 5 years now. And everything played out how you said. This is the most honest car flipping vid out.
This man is a straight G. Thank you for the insight and good advice. Yes buying from personal sources is first and best but when we buy at auctions do not go for the ones people will go for like the range Benz BMW go for the ones no one even bids on and make a few bucks on it. It all adds up.
Yo Lucky! If you were an Italian from New York, I’d call ya Lucky Bagga Dounuts. Great video. I have been flipping for 47 years. The treasure hunt, the fun, the great people I have met has been a blast. Some years I made more money than at my full-time job. One suggestion I have for everyone out here. Don’t mess with vehicles with bad titles and never put any money down when someone says they will get the title for you. No matter how great the deal, and it usually is, Just move on. Another tip for people with not much money. I have considered doing this myself. Flip those 50cc scooters. You can pick them up in your SUV and pack your garage with 10 or 20 of those things. Turn n Burn! Smitty in Vegas
This is great advice. Not just for the car business but for any business you need to create a network to be successful. There's so many people out there that are not willing to go the extra mile it doesn't take much to stand out. As odd as it sounds those businesses will remember the doughnuts more than they'd remember slipping them a $20.
I came across this video, I took a break from flipping cars when Covid hit. Fucked up the whole used car market and prices became insane to aquire any good deal. I've been missing the flipping lifestyle and the fast money. I appreciate all your advice, some I knew, much was new and solid. You are inspiring me to get back in the game. God be with you.
You summarized my whole 5yrs experience in 30mins. In 2005 I shipped a car to my friend in Africa and he was so happy with the Cost and quality. He introduced a whole lot more friends who all wanted vehicles. I contacted a dealer friend who I paid to purchase over 30 vehicles with his license from IAA with all manner of mechanical and body damage. I never told my customers I was purchasing damaged vehicles, I was sending them pictures of similar vehicles from the street or from the web.i had no experience fixing nothing, didn't know a bodyman or shop, I just chose a shop close to my neighborhood and took over 6 cars at one time to him , needless to say I learnt my life lesson there. No car was finished as promised, he collected $5k in advance and parts was extra.I lost all customers, went in debt, lost my regular job and friends. If only there was UA-cam back then. Thanks for the info, you broke it down very simply and I did make all the mistakes you mentioned.
Awesome presentations! I was in auto business for 40 years. I always dreamed of being my own dealer. Always made good money but medical issues forced me out. My motto was always be honest & fair to people, they will be loyal to you. You need to make a profit to be in business. I was at new car dealer w/used cars. Your messages are real world. Wish I was 20 years younger. Lol. Keep up the awesome tips for the younger crowd. They need the motivation in this negative world !!
No lie brother your video was probably the most Information packed step-by-step video that I've ever seen on UA-cam thank you so much for providing this to us
I bought a USA peavy bass guitar from guitar center and it's paint (finish) was pretty scratched up...paid $119....owned it for two months...but I did a scratch remover treatment to it and it looked new. I sold it back to guitar center for $250 to the same people...lol..they were even saying that a guitar just like that was there not long ago...LOL.
My 1st boyfriend (1978- 1983) used to flip cars. Mostly 1960s VW Bugs. He lived next door to me & had a big driveway. I used to help him with Bondo, etc. He went on to get his Masters Degree in Industrial Art & taught Automotive Transmissions at a junior college. He could fix anything with cars.
Hi lucky, I used to do this exact thing before craigslist even existed . I used to run a small ad in a newspaper saying I buy cars for $100 and up . I used to get at least 10 to 20 calls a day. I actually ran out of money and couldn’t buy any more cars until I fixed the ones I had. This is a great video. Thanks for sharing the info!
Hi Louie, I’m a big fan of yours for the past year. I’m 73 and fell on hard times awhile back I was hit by a impaired driver and ended in a trauma hospital. So I have been shopping for a car and frustrated with the market now. Although I’m not able to flip cars my ears perked up as you spoke about pawn shops and local tow yards, it never crossed my mind. I’m starting my research right now. I will share this with people I know that flip homes as we know how that market is flat. Once again I really enjoyed this. You’re articulate and you edit very well. Best to you Louie
Lucky, great way to explain an honest way to make a good living. I could only imagine if the internet would only offer quality information like this on all topics. 🍀
Great information Lucky. I’ve had my dealers license for 1.5 years and started with some of this idea in mind but I have gotten away from it. It’s time to build the system for success. Thank you.
Hey Lucky, I really appreciate this video. Probably one of the most honest videos out there with great advise. I just went full time with as a dealer. Before this I worked for Toyota as a technician for 8 years. Looking forward to push for $1k a day! Thanks!
I wasnt financial free until my 40’s and I’m still in my 40’s, bought my sixth car already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this
Glad I came across this comment section. I was struggling to decide what to do with a good amount of money in the bank doing nothing. I would be happy if you could advise me, as I am ready to go the passive income path.
@@eadad4371 Alright so generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (REGINA LOUISE COLLARO) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance. She is quite popular for her services so you might have heard of her. She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy...So I’ll advise you do get a good Investment advisor for yourself.
@@skoopqueen. That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?..
@@eadad4371 look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on cnn. She can work with anyone irrespective of where their located
I work at an auction for the past two years I've made great connections with hundreds of dealers new and used how would you suggest to break the ice with them many have talked to me about there trade ins the don't want to put on there lots like 500 to a thousand dollar cars but don't know all the legal stuff and I'm not talking about floor plans and things like that and I also live in another state then these dealers worried if I'll have a lot of problems with the state to state title issues you make great videos I suggest to the people who follow these videos to pay attention every he is saying and to check step by step is a hundred percent correct I watch my boss wholesale 50 to 100 cars a week every week he just won't teach me because it cuts his profits but I am fortunate enough to sit and talk with hundreds of dealers from all over the country twice a week thanks for the videos
Hey lucky. Nice to find this information out there. It's 2 am and I'm just greedy for information. I'll be watching a lot of your videos. I want to start doing this. I work at Manheim Tampa and made good relationship with the people there, i also have my own tools and consider myself a better than average tech, got some body work experience too. Didn't knew i could get a mobile mechanic license to get a commercial account into the parts stores. I hope one day i can get consultation with you, I'm pretty sure i got some good foundation for a profitable business. Just need to put the effort and the investment to grow it . Thank you!
This is the best video I have seen on UA-cam for flipping cars I'm into flipping cars on my UA-cam channel my downfall is I am putting too much time into them. I need to stop now. The good thing I'm can fix everything myself the downside I want the vehicle to be 100% perfect most people buying cash cars don't care.
Hey Lucky, great info. A video on how to best utilize a wholesale license would be awesome. Ive been flipping a few cars here and there with some success, I’ve had my wholesale license for a while but the type of vehicles I like (old euro) do not sell well to auctions/dealers, so I end up buying personally and selling private. So some good info on how to take full advantage of a wholesale license would be awesome. Thanks for all the solid content!
Actually, one of the best places to sell off of your old cars is actually Copart and IAA. I sold a Land Rover defender Mercedes-Benz 190 and a BMW E 30 all there you were looking at a larger full of buyers at poster international so they’ll pay more money for your car. There’s lots of collector car, classic car buyers on those auctions. I would run a few cars just a test it you’ll see the difference.
Hey Lucky could you give tips for moving the cars around and the process of selling them if you dont have a dealer license (dealer plates, registration services) without dealer license would you have to register every car you want to flip?
You give details like we are your younger brothers or children amazing you are honest man...as a mechanic I can't even say all ...good luck from edmonton alberta
Wonderful information, and I appreciate you breaking it down! I'm glad I can still smile at my portfolio of $56,700 that I made from my weekly trade in a short amount of time, even with the recent dip in cryptocurrency.💯💌💯
@@Amelia-oo6xfAs someone who has been investing in stocks, bonds, and cryptocurrency for more than 6 years, I would advise you to start with a seasoned broker who will handle the trading while you keep the profits. I was shocked to learn that, in the last two quarters alone, I had made almost $473k.
@@Dudley18Do you have an idea of any good pro I can start with that's trustworthy and how can i get in touch with this professional you talked about ?
@@Amelia-oo6xfI would suggest Evelyn Jonathan Financial, my present broker. She is currently making a lot of money for me, and her services are excellent. You can probably find the majority of her information online, and you are invited to look into it further.
Spot on about knowing the car and how to spot a problem, I bought a BMW for $1200.00 because the owners thought the trans was shot. It was an SMG pump that I repaired for $250.00. 2004 BMW 325 CI convertible fully optioned cosmically beautiful, 180,000 miles everything works now.
Good video bruv ! Is it better to buy one car for £5000 to make £3000 on top, or buy 2 cheaper cars for £2500 each to make £1500 on each ?? Why I ask is the £5000 car usually takes longer to shift, therefore I could be sitting on the car much longer than I want... but the profit is more at once... Which would be the better move to make? Buying German BMW, Mercs & Audi is my preference. Holla bk !
Yeah the commercial accounts at the parts stores is a game changer. Here in GA, the parts stores don’t ask for verification. They just ask for your business name and address. From my experience, O’Reilly gives the best discount out the gate. Advanced Auto Parts gives the worst discount out the gate. Also remember that you can have the parts stores deliver to your shop for free. If you don’t have a shop, you can have the parts stores deliver to the shop you use. You would just need to make your home store the parts store that’s near the shop.
Been thinking about getting into it and getting a wholesale license. Been a master technician for over 30 years, so the recondition is simple to me. Really though I have only been thinking about starting off doing one or two cars at a time.
Do it man.I fix my own stuff and do many cars a year and have been since I was 16. Just sit on marketplace sending tons of offers and you will naturally find deals. Then post them for a price you can’t refuse
Friend. You don't need to ask people to like your video because your video saw organically really top notch. Know your worth king. You sound like you have a great track record.
I used to do this a lot in highschool (not nearly to this extent) I would buy cars, fix them in my parents driveway and usually flip 1-2 a week if I had the time. Great way to make money. Just picked up a new job where I’ll be working 4 months straight overseas then 4 months off when I get home so I think I’m gonna pick it up again, thanks for the video! Amazing info, really appreciate it.
Waiting on my dealer license app to be accepted. I never would have pursued this if I didn’t have your info Lucky. Appreciate you man. I’ll be signing up for your classes in the near future
I've been trying to get a dealers license for years. Many of those were in California, but I have since relocated to Florida. I bought a car for a flip recently, but it is a very sought after car and not what you are doing here. Anyhow, I have been contemplating how to do something like this, and this video just put me into overdrive. Absolute great advice! I wanted to ask, do you teach any classes on how to obtain a dealer or wholesale license? If not, that would be a great video if you are willing to share some of those secrets. Especially regarding the insurance bond, location, signage and all the other things that must be done in order to secure a dealer license that most people don't know about when they are looking into it. Fantastic video, I just liked and subscribed. Thank you.
I hate it when you inquire about a car in the weeds, or buried in snow (Michigan). They know it needs $2000 in parts and only want to sell it for $2000 less than KBB. Sometimes I check back later, sometimes they can go f#*k themselves lol.
Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Shannon
@@HamishCarpenter yes it has been of course but it will admit when I was doing it under my buddy’s dealer license so I could get access to dealer auctions.. it’s a little more work buying from private sellers and public auctions
not even half way through, and not even interested in flipping cars, but this mans advice is solid!!! only clicked cause I have a dealers license for loans
This is impressive content you have here, There's something I'd always share concerning working with a financial professional can actually help you prepare for life financial struggles. I'm glad I was able to call my coach John Desmond Heppolette since I was actively cashing out from my portfolio and finally made over 370k just in the first quarter while everyone else was crying about the downturn. early this year.
With inflation running at a four-decade high, the Recession is now the 'most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won't be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?
Awesome Video Lucky. This the most honest video on car flipping I have ever seen. I'm in Canada so I'm sure its also possible here. Looking forward to many more of your videos/.
Investing is considered a bedrock in making generational wealth. Most people don't know when, where or what to invest in. Fortunately, great investors of the past and present can provide us with guidance and ideas. Meaningful contributions are always welcomed.
Keeping this to myself isn't a good idea, I decided to tell everyone so you guys can all benefit from this. People keep talking about Stacy Griffin but I never knew how her software works until she show me, I will forever be grateful for her strategies of making big profits......
She have changed my life and financial status for the best. All thanks to my aunty who introduced me to her. She is obviously the best, trading with her gives me joy of earning
Thanks, lucky I'm in the process of getting my dealer's license. Ive been curbing for about 10 years This video gave me so much knowledge Thanks again Just run into this video and you just
A life time of information here in under an hour. You don’t have to go thru all the tribulations and trial and errors when someone just lays it out for you like This.
@@beatsbyV_ I’ve relocated to an actual shop, Have an investor, 24 now. Looking to buy the property I’m at. Things are moving swiftly. Building a BHPH portfolio now
@@user-sl1ry6op7m not sure off the top of my head. I have some notable flips I remember but the first car I ever flipped was a 2012 Mitsubishi galant before I got into the business. Had a salvage title but the lady did near $2k in repairs and sold it because it still drove bad. I didn’t know what I was getting into but my buddy said it seemed like a good gamble. Turns out it was 4 different brand tires, one with metal showing, one with a nail, one bald as could be The other half decent. Put $400 into it and had a 85k mile galant I got rebuilt with her receipts. Drove it one year sold it to a buddy $1800 down $1800 in pmts. Was in it maybe 21-2300
The cryptocurrency market is highly profitable with an expert broker like Raghee Horner. I was referred to her and since then my financial life has been a success.
I've got up to 400k returns since I came across Mrs Raghee Horner trading platform , My financial life has completely changed all thanks to Mrs Raghee Horner awesome trading strategies !!!
Lucky’s a good guy true story a few years ago I bought an old explorer from him with chrome rims for $600, it needed a differential but I still drove it all around Vegas for months lol 😂
you dont need to 'beat the street's when we are in the tech age. Make some ads, run them, test them, optimize them, and your customer base comes to you
All these places that you mentioned have absolutely the worst cars that nobody maintained. If they don't have any money for car payments they also don't have any money for maintenance. It's very easy to buy junk cars but your retail customers won't be happy when they keep breaking down
I usually avoid videos of this length because I have the attention span of a flea. However, the host has plenty to say that's unrehearsed and based in experience PLUS he clearly is doing this almost constantly or else he wouldn't be able to perform this wordy monologue without really knowing his stuff. Great video.
Great video. Thanks. A question. Seems you are member of 4 auction sites. Which one you recommend for beginners 1) With wholesale only dealer license and 2) Individual buyer
I've been selling/flipping/wholesaling real estate for a while now.. I'd love to make the leap at some point. Consider this comment my entry into the free hour contest! Great content as usual Lucky.
![How To Flip Cars | FULL PROCESS [14]](http://i.ytimg.com/vi/mNlurNIddqA/mqdefault.jpg)
Help this Video Get to 7000-8000 Likes and I will Give away a Free 1hr Consulting call to someone in the Comments. By Next Monday
Let's do it!
You did 💪💪💪
God bless you bro
this is an unexpected crossover episode 😂
That's lit let's run it up
I’m 70. Been in the car biz for decades. I recently started flipping again. $1000. a day is very doable. I like my free time so I do less. All this man is saying here is true! Straight talk! Excellent review. 🙏🏼😊
I don't eat donuts and if you bring them to me I assume you are trying to kill me or make me fat.
Getting my dealer license by early July. Nervous but I think I can make it work
Always be buying undervalued.
This is not just low $ value, it’s also a car that looks or cleans up to look really good. Nice looking cars will always sell quickly compared to a car that’s in amazing condition with low miles but not visually appealing. IMO
All the best! 😊
Aubrey J. Tennant , you should be millionaire by now, what did you do with the $
@@gavnonadoroge3092 if you’re short, I can grant you a small loan. Get through my gatekeeper and get on the list.
I’ve been doing this for a year now and I have learned a lot. One thing I can say is that getting a car that’s worth around $10k at a very good price say $5000-$6000 is actually hard to sell. I’ve had 3 $9-$10k cars and people want to finance, give a check, etc. I now only try to stick to cars valued $4k-$7k for quick profit sales than sitting with a car that’s worth around $10k
Glad I came across this comment, that's good to know. However, don't you need to factor in the location? I live in Montgomery County, MD and people here have money to blow surrounding areas, lots of parents buy their kids vehicles cash/check at $30-$40k - but cheaper ones would probably go a lot quicker than $10k+ like you said even here, easier for people to get financed at $3-7k vs $10k+
@@TR_binarytradermadathe cash purchase bracket sells fastest. Also? There is a psychological comportment to paying ten and over… that it’s riskier in private party and people falsely perceive dealers to be the safer bet, in that the car is going to be in good shape and well inspected..
@richeyrich2203 honestly it's a very dumb expectation
@@moneer7139 agreed. It’s a logical fallacy.
@@moneer7139 it’s a risky perception. I’d rather buy private
This guy just popped up in my feed. Didn’t expect to walk out knowing how to run a successful car flipping business
There’s no one online that gives this much value for free on selling vehicles. I’ve been watching you from the beginning, doing it on the side here and there, but ready to take it to the next level. Thank you lucky!!! Appreciate you…
Uh, yes there is. The internet is big place. There are even people who give out the information for free, and don't charge for 'classes' and seminars.
Wow I don't even have a car. The truth is I'm a 70 percent disabled vet. I haven't been able to much and won't be able to do much work wise. I know there's money to be made and it's as simple as making the next right move and not doing nothing will never get anyone anywhere. There's a lot of negativity in our economy and it seems to be just getting worse. But after seeing this video I feel inspired and motivated. I see it's possible and opportunity for the little flipper. It's a little flipper market. I'm going to my first acotion in a couple days and I needed to see this video. I never would have the attention span to listen a watch videos like this but thank goodness I found this video. I was looking for something to help me and I think this video just gave me some insight and information to help me when I go to my first auction. This video you put together is probably going to be life changing. Thank you man. God bless, From Monrovia IN. A farm town middle of no where ..
Everything that you've said is correct. I can not dispute anything. I've been a wholesaler & retailer for 5 years now. And everything played out how you said. This is the most honest car flipping vid out.
This man is a straight G. Thank you for the insight and good advice. Yes buying from personal sources is first and best but when we buy at auctions do not go for the ones people will go for like the range Benz BMW go for the ones no one even bids on and make a few bucks on it. It all adds up.
Yo Lucky! If you were an Italian from New York, I’d call ya Lucky Bagga Dounuts.
Great video. I have been flipping for 47 years. The treasure hunt, the fun, the great people I have met has been a blast. Some years I made more money than at my full-time job.
One suggestion I have for everyone out here. Don’t mess with vehicles with bad titles and never put any money down when someone says they will get the title for you. No matter how great the deal,
and it usually is, Just move on.
Another tip for people with not much money. I have considered doing this myself. Flip those 50cc scooters. You can pick them up in your SUV and pack your garage with 10 or 20 of those things.
Turn n Burn! Smitty in Vegas
This is great advice. Not just for the car business but for any business you need to create a network to be successful. There's so many people out there that are not willing to go the extra mile it doesn't take much to stand out. As odd as it sounds those businesses will remember the doughnuts more than they'd remember slipping them a $20.
I came across this video, I took a break from flipping cars when Covid hit. Fucked up the whole used car market and prices became insane to aquire any good deal. I've been missing the flipping lifestyle and the fast money.
I appreciate all your advice, some I knew, much was new and solid. You are inspiring me to get back in the game. God be with you.
Absolutely the best video I've seen on UA-cam or anywhere else for that matter on how to buy and sell and flip cars for a profit! Awesome!
You summarized my whole 5yrs experience in 30mins. In 2005 I shipped a car to my friend in Africa and he was so happy with the Cost and quality. He introduced a whole lot more friends who all wanted vehicles. I contacted a dealer friend who I paid to purchase over 30 vehicles with his license from IAA with all manner of mechanical and body damage. I never told my customers I was purchasing damaged vehicles, I was sending them pictures of similar vehicles from the street or from the web.i had no experience fixing nothing, didn't know a bodyman or shop, I just chose a shop close to my neighborhood and took over 6 cars at one time to him , needless to say I learnt my life lesson there. No car was finished as promised, he collected $5k in advance and parts was extra.I lost all customers, went in debt, lost my regular job and friends. If only there was UA-cam back then. Thanks for the info, you broke it down very simply and I did make all the mistakes you mentioned.
I buy cars from IAA and running around body shops getting parts and all that was too much so I started buying theft recovery and I do pretty good.
A brilliant guy giving people his time and knowledge.A real helper.
Awesome presentations! I was in auto business for 40 years. I always dreamed of being my own dealer. Always made good money but medical issues forced me out. My motto was always be honest & fair to people, they will be loyal to you. You need to make a profit to be in business. I was at new car dealer w/used cars.
Your messages are real world. Wish I was 20 years younger. Lol. Keep up the awesome tips for the younger crowd. They need the motivation in this negative world !!
No lie brother your video was probably the most Information packed step-by-step video that I've ever seen on UA-cam thank you so much for providing this to us
re: "No lie..." 1. do you usually "lie" in daily life? 2. when those two words are not used to start a sentence ... you ARE about to lie?
Feels illegal to get this much intel for free 😄 Appreciate this so much Lucky!
start out small so you can stay under the radar, if you want to go big like this guy you'll have to deal with the i.r.s. for sure.
I bought a USA peavy bass guitar from guitar center and it's paint (finish) was pretty scratched up...paid $119....owned it for two months...but I did a scratch remover treatment to it and it looked new. I sold it back to guitar center for $250 to the same people...lol..they were even saying that a guitar just like that was there not long ago...LOL.
Cars ... to "guitars" ... do you have a UA-cam channel on making money selling "guitars"??
@@warriormanmaxx8991 I used to flip guitars a lot.
My 1st boyfriend (1978- 1983) used to flip cars. Mostly 1960s VW Bugs. He lived next door to me & had a big driveway. I used to help him with Bondo, etc. He went on to get his Masters Degree in Industrial Art & taught Automotive Transmissions at a junior college. He could fix anything with cars.
People want to start a business, but nobody wants to hussle! Great video 😁
So true
Great Video!!! Glad you are covering lower end cars, people really need to see that they can buy cars without needing to go into debt! Keep it up!!!
Hi lucky, I used to do this exact thing before craigslist even existed . I used to run a small ad in a newspaper saying I buy cars for $100 and up . I used to get at least 10 to 20 calls a day. I actually ran out of money and couldn’t buy any more cars until I fixed the ones I had.
This is a great video. Thanks for sharing the info!
thanks for watching
Hi Louie, I’m a big fan of yours for the past year. I’m 73 and fell on hard times awhile back I was hit by a impaired driver and ended in a trauma hospital. So I have been shopping for a car and frustrated with the market now. Although I’m not able to flip cars my ears perked up as you spoke about pawn shops and local tow yards, it never crossed my mind. I’m starting my research right now. I will share this with people I know that flip homes as we know how that market is flat. Once again I really enjoyed this. You’re articulate and you edit very well. Best to you Louie
Lucky, great way to explain an honest way to make a good living. I could only imagine if the internet would only offer quality information like this on all topics. 🍀
RIGHT
Awesome! Totally awesome! I wasn't even searching for flipping cars but your video caught my eye and now I am a subscriber.
Great information Lucky. I’ve had my dealers license for 1.5 years and started with some of this idea in mind but I have gotten away from it. It’s time to build the system for success. Thank you.
Take your time n keep making mistakes...you will be fine 🙂
Hey Lucky, I really appreciate this video. Probably one of the most honest videos out there with great advise. I just went full time with as a dealer. Before this I worked for Toyota as a technician for 8 years. Looking forward to push for $1k a day! Thanks!
Great Content Lucky> I love the way you were very sincere and informative. I learned a lot from you. Thank you and God bless you
I just discovered this guy, and being myself in the car business this man is 100% right ! Great advice !
So glad I came across this video! Such valuable information from buying, fixing, and selling vehicles you can get in such a short video.
I am so surprised. Expected an other bullshit video about success and stuff. But this one is a gold. So much useful information! Thank you so much!
I wasnt financial free until my 40’s and I’m still in my 40’s, bought my sixth car already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made. Great video! Thanks for sharing!
Very inspiring! I love this
Glad I came across this comment section. I was struggling to decide what to do with a good amount of money in the bank doing nothing. I would be happy if you could advise me, as I am ready to go the passive income path.
@@eadad4371 Alright so generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (REGINA LOUISE COLLARO) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance. She is quite popular for her services so you might have heard of her.
She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy...So I’ll advise you do get a good Investment advisor for yourself.
@@skoopqueen. That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?..
@@eadad4371 look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on cnn. She can work with anyone irrespective of where their located
Wow, Fantastic video. I was just going for a flip here and there, but now I understanding the building blocks to sustained growth.
This guy is the real deal 👍🏾
I work at an auction for the past two years I've made great connections with hundreds of dealers new and used how would you suggest to break the ice with them many have talked to me about there trade ins the don't want to put on there lots like 500 to a thousand dollar cars but don't know all the legal stuff and I'm not talking about floor plans and things like that and I also live in another state then these dealers worried if I'll have a lot of problems with the state to state title issues you make great videos I suggest to the people who follow these videos to pay attention every he is saying and to check step by step is a hundred percent correct I watch my boss wholesale 50 to 100 cars a week every week he just won't teach me because it cuts his profits but I am fortunate enough to sit and talk with hundreds of dealers from all over the country twice a week thanks for the videos
A video to be watched over and over again untill it’s grown into your head
Yessss $$$$
Totally agree!!
near the end of the video we’re lucky states even if you want to be a car buyer attracted my attention
He gives the whole game.
Hey lucky. Nice to find this information out there. It's 2 am and I'm just greedy for information. I'll be watching a lot of your videos. I want to start doing this. I work at Manheim Tampa and made good relationship with the people there, i also have my own tools and consider myself a better than average tech, got some body work experience too. Didn't knew i could get a mobile mechanic license to get a commercial account into the parts stores. I hope one day i can get consultation with you, I'm pretty sure i got some good foundation for a profitable business. Just need to put the effort and the investment to grow it . Thank you!
This is the best video I have seen on UA-cam for flipping cars I'm into flipping cars on my UA-cam channel my downfall is I am putting too much time into them. I need to stop now. The good thing I'm can fix everything myself the downside I want the vehicle to be 100% perfect most people buying cash cars don't care.
Hello friends i just view sam's profile and, I have trust him 💯
First video I’ve seen about this topic that has real world info, great stuff!
Hey Lucky, great info. A video on how to best utilize a wholesale license would be awesome. Ive been flipping a few cars here and there with some success, I’ve had my wholesale license for a while but the type of vehicles I like (old euro) do not sell well to auctions/dealers, so I end up buying personally and selling private. So some good info on how to take full advantage of a wholesale license would be awesome. Thanks for all the solid content!
Actually, one of the best places to sell off of your old cars is actually Copart and IAA. I sold a Land Rover defender Mercedes-Benz 190 and a BMW E 30 all there you were looking at a larger full of buyers at poster international so they’ll pay more money for your car. There’s lots of collector car, classic car buyers on those auctions. I would run a few cars just a test it you’ll see the difference.
I just watched this from the car dealership I work at currently and just want to say I really appreciate your information and transparency.
Hey Lucky could you give tips for moving the cars around and the process of selling them if you dont have a dealer license (dealer plates, registration services) without dealer license would you have to register every car you want to flip?
?
yes
Yes and your city limits how many you can sell. You can take the illegal route which is title jumping tho, but I don’t recommend it
You give details like we are your younger brothers or children amazing you are honest man...as a mechanic I can't even say all ...good luck from edmonton alberta
Wonderful information, and I appreciate you breaking it down! I'm glad I can still smile at my portfolio of $56,700 that I made from my weekly trade in a short amount of time, even with the recent dip in cryptocurrency.💯💌💯
What is the actual working mechanism of this crypt0 thing and how can I profitably use it?
@@Amelia-oo6xfAs someone who has been investing in stocks, bonds, and cryptocurrency for more than 6 years, I would advise you to start with a seasoned broker who will handle the trading while you keep the profits. I was shocked to learn that, in the last two quarters alone, I had made almost $473k.
@@Dudley18Do you have an idea of any good pro I can start with that's trustworthy and how can i get in touch with this professional you talked about ?
@@Amelia-oo6xfI would suggest Evelyn Jonathan Financial, my present broker. She is currently making a lot of money for me, and her services are excellent. You can probably find the majority of her information online, and you are invited to look into it further.
Whoa, I'm surprised you brought up Evelyn Jonathan Financial-my broker right now.
Spot on about knowing the car and how to spot a problem, I bought a BMW for $1200.00 because the owners thought the trans was shot. It was an SMG pump that I repaired for $250.00. 2004 BMW 325 CI convertible fully optioned cosmically beautiful, 180,000 miles everything works now.
Good video bruv !
Is it better to buy one car for £5000 to make £3000 on top, or buy 2 cheaper cars for £2500 each to make £1500 on each ??
Why I ask is the £5000 car usually takes longer to shift, therefore I could be sitting on the car much longer than I want... but the profit is more at once...
Which would be the better move to make?
Buying German BMW, Mercs & Audi is my preference.
Holla bk !
11 months has gone buy ... question not answered. How about figuring out for yourself?
100% correct im doing fliping and have made some of the mistakes you mentioned great information
Yeah the commercial accounts at the parts stores is a game changer. Here in GA, the parts stores don’t ask for verification. They just ask for your business name and address. From my experience, O’Reilly gives the best discount out the gate. Advanced Auto Parts gives the worst discount out the gate. Also remember that you can have the parts stores deliver to your shop for free. If you don’t have a shop, you can have the parts stores deliver to the shop you use. You would just need to make your home store the parts store that’s near the shop.
Good to know. I have a legal business entity but not a certified mechanic and not interested in becoming one, but I do want to get the parts discount.
Been thinking about getting into it and getting a wholesale license. Been a master technician for over 30 years, so the recondition is simple to me. Really though I have only been thinking about starting off doing one or two cars at a time.
Do it man.I fix my own stuff and do many cars a year and have been since I was 16.
Just sit on marketplace sending tons of offers and you will naturally find deals. Then post them for a price you can’t refuse
Friend. You don't need to ask people to like your video because your video saw organically really top notch. Know your worth king. You sound like you have a great track record.
Man, as a retired guy, you are telling them how to do it. It ain’t easy, nevertheless your advice / instruction with hard work is golden.
I used to do this a lot in highschool (not nearly to this extent) I would buy cars, fix them in my parents driveway and usually flip 1-2 a week if I had the time. Great way to make money. Just picked up a new job where I’ll be working 4 months straight overseas then 4 months off when I get home so I think I’m gonna pick it up again, thanks for the video! Amazing info, really appreciate it.
Waiting on my dealer license app to be accepted. I never would have pursued this if I didn’t have your info Lucky. Appreciate you man. I’ll be signing up for your classes in the near future
Congratulations what state city are you opening up at?
Do you have to buy commercial property?
I've been trying to get a dealers license for years. Many of those were in California, but I have since relocated to Florida. I bought a car for a flip recently, but it is a very sought after car and not what you are doing here. Anyhow, I have been contemplating how to do something like this, and this video just put me into overdrive. Absolute great advice! I wanted to ask, do you teach any classes on how to obtain a dealer or wholesale license? If not, that would be a great video if you are willing to share some of those secrets. Especially regarding the insurance bond, location, signage and all the other things that must be done in order to secure a dealer license that most people don't know about when they are looking into it. Fantastic video, I just liked and subscribed. Thank you.
Lucky, thank you for the value on this channel. Outstanding🇺🇸
Thank you so much for the comment
Lucky Lopez strikes again! Invaluable information.
This guy is handing out gold for free.
Facts!
I came to youtube to get some knowledge to help me start up and im glad i came across your video. Thanks for the knowledge
I hate it when you inquire about a car in the weeds, or buried in snow (Michigan). They know it needs $2000 in parts and only want to sell it for $2000 less than KBB. Sometimes I check back later, sometimes they can go f#*k themselves lol.
Wow! You a IMPRESSIVE!!! SMART! FRIENDLY! KIND! 10-4 from a trash man in Austin!!!
Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?
Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong...
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade..
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Shannon
Here in Texas Expert Mrs Shannon carries out the both orientation and mentorship
potentials
I stumbled upon one of her clients testimonies and decided to try her out...I'm Expecting my third cashout in 2days
As an intermediate level car flipper who has flipped about 80-100 cars… this is a good video 💪
Is it profitable for you?
@@HamishCarpenter yes it has been of course but it will admit when I was doing it under my buddy’s dealer license so I could get access to dealer auctions.. it’s a little more work buying from private sellers and public auctions
Only so many cars to go around. . .for former house flippers.
(ALWAYS begin with demographics)
there is a ass for every seat 😁
not even half way through, and not even interested in flipping cars, but this mans advice is solid!!! only clicked cause I have a dealers license for loans
Don't forget to take all the bumper stickers off. Especially the "Biden Harris 2020".
😂
I’m getting my VW license in Florida and can’t wait to get started. Appreciate the information!
This is impressive content you have here, There's something I'd always share concerning working with a financial professional can actually help you prepare for life financial struggles. I'm glad I was able to call my coach John Desmond Heppolette since I was actively cashing out from my portfolio and finally made over 370k just in the first quarter while everyone else was crying about the downturn. early this year.
With inflation running at a four-decade high, the Recession is now the 'most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won't be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?
Lucky I'm in New Zealand and everything you say is relevant here. So many gems. Thank you
Great video Lucky! In the future, will you make a video explaining how to avoid scams while buying cars from private individuals?
I have a few videos on my channel, explaining how to avoid scams and getting ripped off replying from dealers alsofrom Facebook
Awesome Video Lucky. This the most honest video on car flipping I have ever seen. I'm in Canada so I'm sure its also possible here. Looking forward to many more of your videos/.
Investing is considered a bedrock in making generational wealth. Most people don't know when, where or what to invest in. Fortunately, great investors of the past and present can provide us with guidance and ideas. Meaningful contributions are always welcomed.
Trading with an expert has been the best way of making huge returns from crypto currency.
The common mistake we newbies make is without help and legit guidance from a professional.
Job will pay your bills, business will make you rich but investments make and keep you wealthy, the future is inevitable.
The market is all about crypto now, you might want to look into it.
Investing in Stocks is the wisest decision, If you've not been involved in any you're missing out.
I just got my dealer license last month Mizz B Motors Inc ...this is a great alternative to the big dealer auctions.
You are absolutely the best and this is the most detailed car selling video
This guy is always on point. I'm a dealer 25 year i stay watching lucky
I appreciate that!!!
Yeah he’s on points for people that don’t know any better.
This is how information should be shared. Thanks, boss.
Keeping this to myself isn't a good idea, I decided to tell everyone so you guys can all benefit from this. People keep talking about Stacy Griffin but I never knew how her software works until she show me, I will forever be grateful for her strategies of making big profits......
The thing about been successful is working toward it and not going the other way round
It's obvious everyone is doing this online Investment
Investment is the key to achieving success with the current pandemic slowing down so many businesses aww
Yes I'm a living testimony of Stacy Griffin, her platform has also done a great thing for me
She have changed my life and financial status for the best. All thanks to my aunty who introduced me to her.
She is obviously the best, trading with her gives me joy of earning
wow, I actually listened to every min of this video, cause every min is full of gold!
I don't plan to get into the car flipping business, but this is the most useful UA-cam I've ever seen. Thanks for doing this.
Thank you so much I appreciate the comment
Agree. I’m not gonna do this but this video is epic.
Nice Video Lucky, informative, you definitely drop some gems.
I was the first like , can i get a prize ?
Yes you get one free Hi five 🙏
🎉
Thanks, lucky I'm in the process of getting my dealer's license.
Ive been curbing for about 10 years
This video gave me so much knowledge
Thanks again
Just run into this video and you just
A life time of information here in under an hour. You don’t have to go thru all the tribulations and trial and errors when someone just lays it out for you like This.
facts!
Im two years in business and I knock doors/leave flyers. started with $3000 cash now I'm pushing 10-20 cars monthly.
Wow that’s very impressive, may I ask how you’re doing now?
What car did u start with?
@@beatsbyV_ I’ve relocated to an actual shop, Have an investor, 24 now. Looking to buy the property I’m at. Things are moving swiftly. Building a BHPH portfolio now
@@user-sl1ry6op7m not sure off the top of my head. I have some notable flips I remember but the first car I ever flipped was a 2012 Mitsubishi galant before I got into the business.
Had a salvage title but the lady did near $2k in repairs and sold it because it still drove bad.
I didn’t know what I was getting into but my buddy said it seemed like a good gamble.
Turns out it was 4 different brand tires, one with metal showing, one with a nail, one bald as could be The other half decent.
Put $400 into it and had a 85k mile galant I got rebuilt with her receipts.
Drove it one year sold it to a buddy $1800 down $1800 in pmts. Was in it maybe 21-2300
My greatest happiness is the $ 30,000 bi - weekly profit I get consistently from my $ 40,000 investment despite the fluctuations in coins and stocks
The cryptocurrency market is highly profitable with an expert broker like Raghee Horner. I was referred to her and since then my financial life has been a success.
I've got up to 400k returns since I came across Mrs Raghee Horner trading platform , My financial life has completely changed all thanks to Mrs Raghee Horner awesome trading strategies !!!
I also trade with Raghee Horner analysis and guidance , she's perfect with Crypto trading that I've got upto 57K monthly returns .
It was a very awesome transformation , No greater joy than seeing my progress in an initial decision ..
You can easily communicate with Horner directly on
This is the best flipping video. I learnt soo soo much, much appreciated
Very good information i been self tought Mechanic,Automotive salesman,BODY & paint refinishing Excellent Way to Guide a first time Car sELLS MAN.
Lucky’s a good guy true story a few years ago I bought an old explorer from him with chrome rims for $600, it needed a differential but I still drove it all around Vegas for months lol 😂
Excellent explanation .
Thanks for video
Thank you, you just answered a lot of my questions!!
Liked and subscribed 🙏🏼
Buy cars that fit your skillset and that you've had before.... Excellent Tip!
Yes! Thank you!
you dont need to 'beat the street's when we are in the tech age. Make some ads, run them, test them, optimize them, and your customer base comes to you
Very informative thank u very much I've been sales cars for a few yrs and it's a slow process for me.
All these places that you mentioned have absolutely the worst cars that nobody maintained. If they don't have any money for car payments they also don't have any money for maintenance. It's very easy to buy junk cars but your retail customers won't be happy when they keep breaking down
I thought this video had incredible information I'm trying to get into flipping cars by taking baby steps because I don't have a lot of capital
I usually avoid videos of this length because I have the attention span of a flea. However, the host has plenty to say that's unrehearsed and based in experience PLUS he clearly is doing this almost constantly or else he wouldn't be able to perform this wordy monologue without really knowing his stuff. Great video.
I love it
I've detailed cars for a while.
I'm ready to start buying and selling.
Great video. Thanks. A question. Seems you are member of 4 auction sites. Which one you recommend for beginners 1) With wholesale only dealer license and 2) Individual buyer
I've been selling/flipping/wholesaling real estate for a while now.. I'd love to make the leap at some point. Consider this comment my entry into the free hour contest! Great content as usual Lucky.
Same here, Lol
Good video. Might be the best car flipping video on yb