Selling refurbished cars

[cherry123]

Do you think this is a business that can be lucrative? As a lot of people can't readily buy new cars they are most likely to go for refurbished cars

 

[Magnus2022]

Presently, the economy is in pretty bad shape. I wonder who will afford to buy cars for luxury purposes? I believe that selling cars especially used cars is a good business but presently I don't think a lot of people will afford to buy a car.

 

[eldavis]

This is also a good business, there are lots of persons making money from buying old cars then pimping it into brown new ones and selling them as second hand or uk used cars.

 

[Niyi Briggs]

Refurbishing cars to resell is a very good business. It is capital intensive though and requires technical skills and knowledge about cars.

 

[Chibson]

Refurbishing cars to resell is a very good business. It is capital intensive though and requires technical skills and knowledge about cars.

It is not even advisable to deal on cars if you do not have technical know how about cars. It is always for people who have much knowledge and experience.

 

[Niyi Briggs]

It is not even advisable to deal on cars if you do not have technical know how about cars. It is always for people who have much knowledge and experience.

If you try it, the way those mechanics would use you would be unprecedented. You need to have not just a fair knowledge of cars but a deep understanding of cars.

 

[Chibson]

If you try it, the way those mechanics would use you would be unprecedented. You need to have not just a fair knowledge of cars but a deep understanding of cars.

Definitely, I know some people who deal who deal on cars and they makes profit. Some of them are mechanics and they seems to be doing well in the business venture.

 

[Etini Willie]

I worked for an auto mechanic once and I have to say that it is very profitable. Cars you think are scrap would be changed and placed in a car stand. And someone would come to price not knowing it once was a scrap car.

 

[cherry123]

yeah it not easy for people to afford to buy new cars now not with the economy in a bad shape.so selling cars especially used cars is a good business Is a good idea.

 

[Niyi Briggs]

Mechanics really do this business as a side hustle and they make so much money from it. The business is so lucrative. Just that it might take some time to sell a particular car.

 

[Heatman]

To the best of my knowledge, this is a very good business but it's not something that I can be able to get into now because of lack of capital.

 

[uptrendfinancialsignal]

It is a very good business to sell refurbished car because it's lucrative.

 

[Stardom22]

For me I come from a developing country that it's economy is very struggling from the effects of the covid with higher rates for inflation. I think that particular business can't do well here as the rich people are very few here.

 

[cherry123]

I think that this business can do well in the third world or developing countrie as the moderate financial people are very many. you just need a good location for it.

 

[Stardom22]

Are you sure that the moderate people can afford buying the refurbished cars? I a more than sure that the majority of the people in my country are the middle income earners but then they can't afford this.

 

[Chibson]

Mechanics really do this business as a side hustle and they make so much money from it. The business is so lucrative. Just that it might take some time to sell a particular car.

From what I have observed so far it doesn't really take a lot of time to sell cars. Once you are able to market it in the right location you will make sales. Using social media is even effective.

 

[Stardom22]

For me I think that business requires some extra skill set. Selling of one piece can take you alot of time. I think with a strategic location and good selling skills would work wonders.

 

[Niyi Briggs]

It might take a little bit of time like say 2 months or thereabouts. You need to keep the car in a reputable car stand for it to attract people.

 

[Stardom22]

I think this business in never profitable in my country. This is because most people in my country are very broke and have a low earning capacity compared to the people in the tier 1 country.

 

[Heatman]

It might take a little bit of time like say 2 months or thereabouts. You need to keep the car in a reputable car stand for it to attract people.

I believe that as long as the car is always in a very good condition, people will always be interested in buying it and that means selling and making more profit.