Is Setting up Car Sale and Purchase business Lucrative?

[Hate2Wait]

I believe it's lucrative and quite popular because many people like to buy or sell their car as per their requirements and this way these companies or agencies earn well.

 

[Starmix]

There are many here Cars on Sale in a big shop. I think the sellers earn big commission from car owners that hired their car company to sell their cars. It's lucrative of course.

 

[Hate2Wait]

Now even bigger companies are working like that to sell any buy used cars so there is a lot of competition already.

 

[Shavkat]

I do think that some people love to buy and sell used cars. It means they can have the option of not buying new ones.

 

[Hate2Wait]

Some people prefer to buy the old one and use it for some time and after that they sell on a higher price so it's a good way to save and make money.

 

[Reedex]

If you can establish a business where you're going to be buying cars and selling cars at the same time, it is going to be a very lucrative investment.

 

[uptrendfinancialsignal]

Buying and selling of cars is a very good business and lucrative one at that.

 

[Reedex]

Buying and selling of cars is a very good business and lucrative one at that.

It is true that buying and selling of car is a very viable and profitable enterprise.

 

[Niyi Briggs]

In Nigeria, only very few people have the money to afford a brand new car. 90% of people that drive cars go for the used cars. It is s highly superb business. No doubt about that.

 

[Heatman]

I believe it's lucrative and quite popular because many people like to buy or sell their car as per their requirements and this way these companies or agencies earn well.

The obvious truth is that this kind of business is something that is capital intensive which is why it is not everyone that goes into this line of business.

 

[eldavis]

Yes it is a lucrative business. Back then while i was in secondary school, there was one of our teachers whose husband was into this line of work. And from her lifestyle, they where doing pretty well.

 

[cherry123]

Buying and selling of car is a very viable and profitable business that one can make huge money off it but the snag is that you need hugh capital to start off.

 

[freelancermaria]

I believe that dealing in cars can still be quite profitable nowadays. Many people opt for used cars, particularly when they are unable to acquire a new one.

 

[Starmix]

This time it is not anymore lucrative because of the situations that we have like the high cost of commodities, gas increased plus war.

 

[Etini Willie]

Car dealership is a very good business. It is one business that one can make over 50% profits.

 

[Shavkat]

I believe that dealing in cars can still be quite profitable nowadays. Many people opt for used cars, particularly when they are unable to acquire a new one.

I must agree that second-hand cars are still in demand in our country. Although it is ideal to have the new ones, but some people cannot afford to purchase them due to financial constraints.

 

[Starmix]

Car selling could be profitable in Metro Manila for there are many millionaires there. Other cities not so.

 

[Rubz]

In my country, car sales and purchase business is very lucrative. The major problem with starting up this business however is the fact that it requires a really huge amount of capital.

 

[Sanjeev]

Yes, it is a lucrative business. One buys a second hand car and repairs it and sell it at higher price and make profit.