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Automobiles Auctions   >   Articles   >   Flipping Cards


Flipping Cars Purchased At Auctions

If you're knowledgeable about and interested in cars, and the car sales market, one potential method of turning your expertise into cash is to flip used cars:

The fundamental idea is simple - you buy a car which is being sold for less than its potential retail value, and then resell the car to somebody else for its actual retail value. If you think about it, this is exactly the model followed by many used car dealers.

Of course, there are risks:
  • You might purchase a used car for more than its actual value

  • You might purchase a lemon or otherwise poor quality vehicle, which you are then unable to sell.
All business involves risk, and potential losses - but in this business the best way to minimize risk is knowledge. You will want to have a good knowledge of the car market and automobiles in general, to have researched the market for the particular make and model of vehicle that you are considering purchasing, and to properly inspect the car prior to purchase. In addition to inspecting such vehicles - you might also want to check their history using online services - provides vehicle history reports with over 60+ problem checks (based on access to a database of over 40 million records from state DMVs, junk yards, and insurance carriers)..

Anyway, the key point to avoid getting stuck with a poor unsaleable vehicle is: Don't buy vehicles on the spur of the moment, as a result of getting excited at an auction or other sales event! Always do your research properly, before making a purchasing decision!

Assuming you are interested in getting involved in this type of business, what would you need to get started?
  1. A source of affordable used vehicles:

    Used car dealers of course have people bring in vehicles that they want to sell - but if you are working independently, auctions (public auto auctions, police and government auctions, seized vehicle auctions, salvage and insurance auctions, and perhaps wholesale auctions) could be the best place for you to get suitable vehicles. Generally, in many auctions, sellers are looking for a quick sale, and at least some vehicles are sold relatively cheaply.

  2. Funds

    You will need enough money to pay for the vehicle if you win the auction! Auctions will often require you to show that you have sufficient funds available before allowing you to bid.

  3. Paperwork

    To participate in a vehicle auction, you will most likely be required to register before bidding. You will probably be required to sign a contract. You might also need a bidder's pass to enter closed auctions. And if you want to drive the vehicle away, you will you need to take your driving license with you!
Now you have the vehicle, what do you need to do? You need to sell it!

Of course, being a diligent and cautious person, you will have carefully considered this issue before purchasing a car for flipping in the first place.

So how do you sell a vehicle purchased at auction?

If you don't already know potential buyers, you will need to advertise offline and online.

You also need to bear in mind that the sales process does take time and money - so if you want to make a profit from the transaction overall, you need to have enough profit in the sale to cover these costs and more.

Finally, if you are embarking on this kind of business, you need to keep all the paperwork straight:
  • Make sure that you are fully up to date on laws in your state/country that apply to motor vehicle sales. This includes any laws (such as licensing) that may apply in your jurisdiction to starting/operating an automobile trading business.

  • You will alsowant to keep receipts and detailed financial records, needed by you (or your accountant or professional advisor) to file taxes and other necessary financial records with the government.
If you want to succeed in starting a new business of this type, you not only need to do your own research, but it would probably also be helpful to get some professional advice (for example, regarding accounting, taxes, and legal issues). You may find guides such as How To Flip Used Cars For Profit , The Lazy Way To Buy And Sell Cars For Profit , How To Start And Operate A Profitable Used Car Business and The Official Auto Dealer License Manual to be helpful.

Below are some books about flipping cars.


Here are some books from

Disclosure: Products details and descriptions provided by Our company may receive a payment if you purchase products from them after following a link from this website.

Flipping Cars For Cash: The back yard mechanic's guide to independence
By Kristina Gregersen

CreateSpace Independent Publishing Platform
Paperback (70 pages)

Flipping Cars For Cash: The back yard mechanic s guide to independence
List Price: $8.49*
Lowest New Price: $2.99*
Lowest Used Price: $17.30*
Usually ships in 24 hours*
*(As of 02:22 Pacific 15 Jun 2019 More Info)

Click Here
Product Description:
So you love cars, and everything about cars. Or maybe you don’t you’re simply familiar with them and have worked on them a long time. How could you put that love or knowledge to work for you? That’s what this book is about, how to make money with your hobby. You will learn what to look for in a project, how to find a project, pricing and marketing strategies, and also how to grow your hobby to be a sustainable source of income.
How To Buy and Sell Cars for a Profit: Make $2000 Per Week and Have Fun Doing It.
By Cooper Scott

Released: 2015-02-02
Kindle Edition (36 pages)

How To Buy and Sell Cars for a Profit: Make $2000 Per Week and Have Fun Doing It.
Product Description:
Hi, I’m Cooper Scott and I’ve been buying cars cheaply and selling for a profit for about eight years now. Its easy to make $2000 by just selling just one car a week and what I've written here guides you through the steps to achieve this. You don't have to deal in expensive cars. You can start with $250 if you like and double it in the methods I show you here, then double again and double again until you reach a level that you're comfortable trading in. Or, if cash is tight how about teaming up with three other friends or family and going in as a syndicate with say $150 each to get the ball rolling. The point of all this is how you can make easy money working at home.I share with you all my experiences as to where to buy cars, how to pay a lot less for them than others will pay, what the pitfalls are when looking over them, a mechanical guide as to what to look for when buying a car and how you can turn any mechanical issues to your buying advantage.
There's also an extensive car detailing guide here on making your new purchase a showroom car. Then I take you step by step on how to sell the car for a great profit and how to comply with all laws of your State.
Flipping cars for a living gives you a whole new independent lifestyle. Earn $100,000 a year and much more and have fun with your life. This is how you can make money by working at home. You wont have expensive overheads as all can be done at your home or in a garage. Making money from home has never been easier.
Flipping Cars: The Definitive Guide. "Turning Steel into Cash" (
By Kevin Clarke

Released: 2019-01-01
Kindle Edition (31 pages)

Flipping Cars: The Definitive Guide. "Turning Steel into Cash" (
Product Description:

Learn how to save hundreds a month in insurance and auto loans; while making thousands and driving several different vehicles a year. This book is the first and last you will need in order to have success buying and selling used vehicles for profit!

Today only, get this Amazon bestseller for just $0.99. Regularly priced at $2.99.
Read on your PC, Mac, smart phone, tablet or Kindle device.

You’re about to discover how to...
Find, Buy, Improve, and Sell several vehicles a year for profit while saving your hard earned cash.

Here Is A Preview Of What You'll Learn...

  • Legality of flipping cars
  • Negotiating a good deal
  • Inspecting used vehicles
  • tips and tricks to maximize earnings easily
  • where to find value in vehicles
  • Much, much more!

Download your copy today!
Don’t miss this opportunity to download this book for a limited time discount of only $0.99!
Tags: finances, entrepreneurship, business, money, income, retirement, savings
The Secrets of Car Flipping: A Step by Step Guide For Buying and Selling Used Cars
By Cleveland Williams

Brand: Outskirts Press
Paperback (82 pages)

The Secrets of Car Flipping: A Step by Step Guide For Buying and Selling Used Cars
List Price: $24.95*
Lowest New Price: $6.58*
Lowest Used Price: $19.03*
Usually ships in 24 hours*
*(As of 02:22 Pacific 15 Jun 2019 More Info)

Click Here
  • Used Book in Good Condition
Product Description:
The Secrets of Car Flipping is a very detailed and informative look into the world of buying and selling used cars. Car sales is a multi-billion dollar a year business. Buying and selling used cars is not only big business, but also a necessity for millions of people who need transportation. Buying a used car is generally less expensive than buying a new car. Most people buy used cars with the hopes of finding a nice, dependable car at a great price. But many people find out that buying a used car can put them in a situation they regret. Usually that is because they went to buy the car without the right knowledge or guide to help them through the process. There are a lot of do's, don'ts, and things you need to look for when you are buying a used car. You also need to make sure you are getting the best deal possible. With The Secrets of Car Flipping you are given all the information and tools you need to buy and sell cars like a professional buyer. This information is for anyone: the first time car buyer, the family looking for an extra car, or the car flipper trying to find a deal on a good car. This book will make you a more confident and informed buyer.
Flipping Cars for Profit: A Guide to Tricks, Tips, and Tools
By Jed Turner

Released: 2015-02-23
Kindle Edition (44 pages)

Flipping Cars for Profit: A Guide to Tricks, Tips, and Tools
Product Description:

Flip cars and make money!

This brief yet informative eBook will guide people who are interested in learning how to "flip" cars in the American market. This book is useful to beginner car flippers, as well as those getting started who already have some experience. This book will give access to tricks, tips, and tools which will make car flipping safer, easier, and cheaper for the flipper.

This book will include information on gathering resources, web resources, seller and buyer engagement, negotiation techniques, safety tips, and a list of possible car flipper niches. A directory of tools for improving effectiveness with craigslist is also included.

The author is an experienced car flipper with a history of making thousands of dollars in the car flipping game.

Related Links

Here are some related links and websites:
  • Check Your VIN
    Offers vehicle history reports complete with over 60+ problem checks for a one-time fee of $12.99 per report.

  • How To Buy Cars At Auctions
    With The Present Economic Crisis Theres Never Been A Better Time To Buy Cars At Auctions! This Website Will Provide You With The All Tools You Need To Benefit From The Thousands Of Vehicles Being Sold At Rock Bottom Prices At Auctions.

  • How To Flip Used Cars For Profit
    Used Cars Dealer Of 35 Years Sheds Light On How To Flip Used Cars To Make Up To 6 Figures Profit.

  • How To Start And Operate A Profitable Used Car Business
    A Licensed Dealer Exposes The Secrets To Getting A Dealer License And The Easiest Ways For You To Succeed In The Used Car Business. Discover How To Buy At Dealer Only Auctions And Quickly Turn Into Profits On Craigslist And Other On-line Web Sites.

  • Inspect Before You Buy
    ASE Certified Automotive Technician Teaches You How To Properly Inspect A Used Vehicle.

  • The Lazy Way To Buy And Sell Cars For Profit

  • The Official Auto Dealer License Manual
    The Complete Guide To Getting An Auto Dealer License.
Here are some related pages on this website:

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