Everything you need to know about buying and selling cars....
Have you ever flipped a car?
Ever wondered what you need to know about buying cars, selling cars and getting your dealers licence?
Welcome to Auto University! Save yourself countless headaches, time, and money with this priceless information for FREE! You will no longer have to learn the hard way. Go ahead.
Read on and make your money!
If you want to become a retail dealer you will have to learn about buy here pay here financing.
This is where you carry the loan and the buyer makes the payments to you, NOT the bank. You can charge any amount of interest you want, and YOU dictate the payments.
But you have to be smart about it. Get several references from the buyer. Friends, and family a like. Phone numbers and addresses. Don't forget to verify those numbers. You may also want to install a GPS tracking device to the vehicle. This way you'll be able to monitor the vehicle at all times.
Learn how to check your vehicles monitors for smog. You need to know if the vehicle is ready for the smog test or it will fail automatically.
You go to a mechanic and they want to charge you $65 to see why the check engine light is on. You can buy your own scanner for $100 and do it your self. Take the scanner to the auction. Scan the check engine lights. Lots of car are dumped at the auction for a reason. If you scan the car you'll be able to avoid costly repairs. If you buy a car with a check engine light on you can erase it with the scanner to see if it comes back on.
Learn how to sell cars on ebay. How to take good pictures, write captivating adds, and what type of vehicles to sell.
You're going to need to know how to properly inspect a vehicle. Check for signs of accidents, repainting, and rust damage. How to check for a blown head gasket.
Listening to the engine for knocking. Checking for leaks. Test driving the vehicle. Making sure there is no slip in the transmission, or hard shifting. Checking the car on a cold start and warmed up.
Remember, one little mistake can cost you thousands of dollars. Be smart. Be prepared.