How I started a car dealership at 23 with no money!

Learn how to do the same @ www.StartYourD...
At 23 I started a Car dealership with no money. Whats the full video to see the tips, tricks, and ins and outs and how I got my dealers license and bought cars at auction and flipped cars using other peoples money.
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Learn how to do the same @
www.StartYourDealership.com
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Follow our day to day @ www. Flying_Wheels_
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Dealer license car auction public wholesale cars for sale used car lot financing free money make money get rich flipping cars

[@FlyingWheels]

Learn how I did it and 20+ years of knowledge tips and tricks @ www.startyourdealership.com

[@hunglee4333]

this guy teaching his business secret, not many people are willing to do that, respect

[@HowToVideosUnlimited]

Abundance mindset. Best mindset to have in business. Flying wheels definitely succeeding in life.

[@damagecontrol1049]

Salute. This video is priceless in it's value

[@garrickbryan640]

I watched this video 3 years ago when I started flipping cars with open title making ends meet. I thought to my self I would never be able to get my license thinking it was to difficult and be to costly. 3 years later at the age of 24 I have my dealers license plenty of inventory and a lot. Thanks to you for making this video 3 years ago, this influenced me I’ve been watching flying wheels ever since!

[@garrickbryan640]

Coming from my hometown Harrisburg, Arkansas

[@youngmerc7717]

Reading this made me so much more confident! I’m starting at the age of 23 hopefully I can say the same as you in 3 years

[@ganiyusodiq5606]

Hello as a car dealer you ought to have a website where you can list your cars for sale. Kindly reach out to me to get started.

[@nalvarq3858]

@@garrickbryan640 Hows it been going.

[@BlueViperCodm]

@@nalvarq3858 How’s your business going in 2023?

[@johnnyloveee]

I’ve been selling cars my entire life and it never dawned on me to do it “professionally” but I’m gonna. This video is amazing. Wish me luck.

[@jonatansair1142]

Same

[@aiyanyaqoob2203]

You own A dealership?

[@MyaBrewster]

Good luck. How did you advertise your cars that needed to be sold?

[@BELIEVERS_GUIDANCE]

Thank you sir. I’m about starting a car dealership in my country. I have sold few cars for people hoping we can reinvest the money but they don’t because they don’t see it as business. So how can I talk to you privately

[@FlyingWheels]

Http://www.startyourdealership.com

[@rossennikoloff4261]

Great video.A friend of mine lived in my house for a few months.At the end he left me his car instead of a rent.I sold it and instead spending all the money (as my wife suggested:) I bought another car,and the rest is history.Still flipping cars 2 years later, giving me a good extra income.Would love to pay my bills with this job one day,but at the moment it's only an extra income.Once again great video,I got really motivated now:) This industry needs more people like you.Good luck Greetings from Liverpool,UK

[@dkeithzful]

I love how honest you were. You didn't have to share this but I'm glad you did

[@davidsnodderly47]

Thanks for your thorough explanations. You are a prime example of the American success story.

[@french386]

It’s crazy! I’m looking at a building right now for $1000 a month and a lil scared to jump into it but I think I’m gonna get it this video motivated me

[@hermantracey5976]

I watched your video I'm originally from New Hampshire but live in Florida it's 1972 dude I started a pinstripe business when I was 27 years old I watched a guy do it at a dealership and I told myself why I can do that so I found out where he bought the supplies and I had a friend who was a general manager but told a dealership how was 1977 to this day I work for a big Ford dealership and they own 58 dealerships I do 4 Kia dealerships and a Ford dealership they don't pay me much I do volume for each dollar I take in 83 cents is profit I drive brand new CAD a lack to look successful when I pull in there and they know that when I say something that I'm a man in my word so I'm 73 years old and everybody asked me when I'm gonna retire How many people can say for the last 46 years I've done the same thing every day and love their work not very many I tell younger people find your Passion and make a living at it I'm impressed by you and I'm lo jealous that you live in New Hampshire I love Manchester but I'm too old and established to leave good luck and remember in the car business your reputation is everything

[@tylerw4593]

I just got my dealer's license last week. My number one piece of advice is something he touched on as well: Don't quit your day job. Slow and steady growth is the only reliable way to do it, and you will need another source of income while the dealership is growing.

[@HowToVideosUnlimited]

I definitely second that. I would never quit my day job. Car flipping is a good side hustle . Multiple streams of income is the name of the game. Especially when we cannot predict things like Covid-19 Global Pandemics. That mustve been a hard year for full time car dealers.

[@fredsanders5221]

Im 23 years old getting ready to get into the car flipping business. Working on cars is something I love doing. Im shying away from the car dealing business because I feel it would be too much of a hassle but watching videos like this opens my mind more. You're way of going about flipping cars drive one sell the other is what I always had planned. So im glad I got to see someone use this method and to see that it works is more inspiring me to get into the business. Not as a main hussle but as a side hussle

[@cjon323]

How’s it going 3 years later? I’m 20 yrs old looking into flipping

[@shanecoblentz9231]

Super super great video!! I’m 15 and just bought my first vehicle. I bought it for $600 (it was wrecked, not super bad tho). I put a ton of time into it and with the parts and everything I had to buy, I’m in a little over $4,000 (money obtained by working my butt of the last few summers). I have a buyer for $6,500 and it is one of the best feelings ever!!! Thanks again for the great video!

[@alaskanbullworm1632]

There’s a difference between almost no money and no money...

[@zacharymeredith9093]

Alaskan Bull Worm takes money to make money

[@Lincolnator721]

@@zacharymeredith9093 takes debt to make money and money to pay off the debt

[@nikitaw1982]

Flipping cars and working 70 hour weeks. Seems hard to beleive he had no money.

[@Kremcow]

Alaskan Bull Worm hustle and find a May to make some money you have to start somewhere

[@alaskanbullworm1632]

Sasheetoe easier said than done my friend

[@bluekswiss]

I've been flipping cars all my life. 2021 was my best year ever, sold over 30 cars. I know i have what it takes to run a dealership but I have always been scared. I am so happy i found your channel. Thanks for the great advice and for sharing your experiences with others.

[@iticaltee5876]

Please help me get a business plan of car dealership

[@totalloser23]

Fascinating. Almost like looking in a mirror. My first “office” was a desk and 5 spots at a dance studio. Rent - $1200 Per year :) Also utilized credit cards at first, then paid them off every 30 days, revolving the balance for no interest. Also started by selling on eBay, guitars, used iPads, imported android tablets, then cars as an individual (owned two at a time, listed both, drove whichever one didn’t sell)

[@joey9619]

You’ve given me hope to start going through of one of my childhood’s dreams, you are a very motivated person and enthusiastic. Loved you dude

[@FlyingWheels]

Thank you!

[@Jr-lg9et]

Easily one of the best yt videos I’ve ever seen. The transparency is second to none

[@JohnSmith-bg5eq]

Mrs Charlotte's is legit and her method works like magic I keep on earning every single week with her new strategy

[@mikegeorge5569]

Thanks for the recommendation

[@mikegeorge5569]

I just contacted her and she attends to me nicely

[@davidsmith7934]

I'm from Brazil, I and two other of my friends tried her immediately we testified, her performing wonders

[@davidsmith7934]

She gave her clients nice attention

[@joshlower1]

She spreads her legs for cash?

[@muskokamike127]

I kinda did the same thing but in the contracting/cabinet making business. Got laid off, a buddy ran a cabinet shop as foreman, they needed help. A year later the owner abandoned the business so I had built up some skill and people were looking for work to be done, I said "I'll keep going until my phone stops ringing" fast forward 10 years and here I am. I had a pretty good credit rating when I started so I was able to get a line of credit for $5000 to help with the start up. Not as good as 0% but good enough.

[@muskokamike127]

haha I just said to myself "that's great that you can float your money" and the next thing outta your mouth? "it's called floating your money" lol...... It's a good plan, and you were lucky you were able to flip your cars without having to dish out anything to get them in sellable condition. Your plans would go to shit if you bought a car you thought you could flip then find out it needed $2000 in repairs..... As Warren Buffet says: I account 60% of my wealth to pure luck. One bad buy and you could have been screwed.....

[@dalewillie8252]

Just starting out in car lot business, your video gives me hope, I appreciate it.

[@lakshyamongia3270]

how is it going?

[@ghosttv1098]

I'm a cars dealer! I appreciate every tip you provided on this video. God bless

[@jjboy5157]

Wanna try to start with one car

[@brianotieno2852]

Hello

[@ManlyPHall-ce8dc]

Thank you sooooo much!!!! 2 years ago I saw this....wanted to start with a cornerstone advantage so I fine tuned my autobody and paint skill while I bought 1 or 2 cars here and there. Now I'm in the process to get my dealer license. Thank you. God bless you !!!

[@garysak_9476]

Awesome advise! I’m in the process of starting my own car sale business, and everything you described is exactly how I plan to go about. It was very reassuring to hear.

[@davidroman3786]

Have you started now

[@ratedm90]

Update?

[@keithkelso9872]

You know he didn’t

[@dsquare3703]

You are a God send!! It's terrible when a person wants so badly to open a business of ANY KIND but the knowledge is so complicated!! YOU!! Should be a COLLEGE PROFESSOR!! Thank you. God bless you! I know you will be blessed BECAUSE you have blessed each Person watching this Video. HUGS!!!!

[@youpayformyshit]

Probably one of the best KZbin videos I've ever watched!

[@FlyingWheels]

Thanks Bert

[@musclecarappraisal]

I totally agree!!

[@pabloagundez3302]

You are right, really positive and helpful... great Video

[@topshelf8292]

Do you go from 10 to 2 cars sales around recession time?

[@GrupoBonanzaDMX]

Me too! Very honest Creg

[@hal4utube]

Great advice. Either you control your debt or it controls you. It's much better if you control it. I know cash is a four letter word but it's not a bad one. I firmly believe if you can't pay cash for something, you can't afford it. It's not a sin to save money. Save some until you get enough to buy that first car to sell. Pay cash and you don't have to be in a hurry to sell it to the first buyer that comes along. Every business must make a profit or it's not a business. Cars are your business and you learned what you needed to know, but you didn't learn it overnight. Thanks for helping others.

[@josefk5659]

How I started a business with no money/ I had money the whole time.

[@liny2sd]

TRUTH!!!

[@TheBlackmamba06]

Yeah I smell bullshit he had money, dont believe the hype people

[@sammynjenga8721]

Lmaoo

[@yoannybatista4202]

Josef K No I don’t believe he had much money. But he had credit. He used other people’s money. It’s called leverage. It’s risky but it looks like it paid off for him. I’m not defending the strategy just pointing out what it’s done in the business world. Companies raise and use capital all the time by selling stocks or bonds rather than asking for loans from the banks. It’s another’s example of OPM.

[@FernandoDenise2558]

He said he had a couple thousand dollars... if you’re trying to start a business with 2-3k you’re going to have a very hard time

[@masonloh1411]

Everything you said is absolutely 100 % correct from my 60 yrs old life experience. work hard ! / Take calculated chances / Start Small / patience / be ethical / passion = Success . Lazy people for quick bucks don't need to apply. AAA+++ You

[@frank0720i]

I was in the car buying and flipping for awhile did real good for about 5 years. Thinking of doing it again looking for a cheap spot hard to find in NY. Great vid gets me motivated.

[@FlyingWheels]

thanks for the comments!

[@moe4706]

im in nyc area i flip cars. message me.

[@michaelking4578]

@@moe4706 Awesome! I'm in Alabama! We just got electricity hooked up last week. Now new laptap. and it take forever to punch the keys for the lettter s on this magical box machine. But I say HELLO UP THERE IN NY! Heloow!

[@bradalexander306]

Michael King I am in Alabama to just trying to start up. Do you have any information on the insurance I am not have much luck nobody wants to give this type of insurance for used car dealers and the ones that do are expensive the quote I have is 2600 for a year. Is that about right you think? Thanks for the help!

[@isweatglitter5809]

car dealer insurance or business insurance? I was paying liability car dealer insurance in Atlanta area for about $150 a month.

[@simardssurveillancesystems8209]

I'm Not Even Interested In Starting A Car Dealership, But This Video Was Awesome Knowledge, You Are Sharing Very Privileged Information.....The Credit Card Trick You Spoke On Is How I Bought My 1st Rental Property, GREAT VIDEO!!!!

[@igor4375]

Awesome video. That’s pretty much how I started, I bought a salvaged vehicle, fixed it up and flipped it. Usually 1 vehicle a month or so. Saved up all the money and bought one or two more vehicles. Until I jumped in it full time to the point I bought a 9 car carrier to haul all my vehicles. I don’t do the salvage anymore only clean title but still managed to flip/move close to 50 vehicles last month. I got a video on my channel of my lil operation

[@cryptoozzy3866]

That's sick mate what profit average do you make on each one? Where do U make the money like getting a car roadworthy? Or getting cheap cars or beaten up cars and fixing them up or what?

[@jparekh18]

@@igor4375 how are u able to find dealers that r willing to sell u trade ins?

[@jparekh18]

@@igor4375 Hey I looked at your channel. Great content! I am thinking starting off with a wholesale license as its cheaper as I dont have to have a car lot or anything. Do you know if its profitable to buy the car at the auction and again resell them at the auction, because as with a wholesale dealer license you cannot sell to retail public!

[@igor4375]

@@jparekh18 It is possible but you need to really know your stuff about the types of vehicles you want to flip. I know guys who buy the vehicle "AS IS' from the auction since they are usually cheaper( more risk involved also) and they fix them up and put them back at the auction. I also know of guys who purchase vehicles with a low rating for ex. a 1.6 rating due to the vehicle being messy inside and scratches etc. they take those and clean them up nicely detail them from the outside and throw them back at the auction and make any where from $500-1500 per vehicle. I personally deal with a wholesaler who has contracts with the surrounding Big dealerships and he buys them from the dealership and throws them at the auction and he usually turns a profit every-time. I also buy vehicles from him directly to avoid auction fees.

[@jparekh18]

@@igor4375 hmmm. aren't all cars sold at auction sold AS IS?

[@adbelljr]

Funny, I grew up in Amherst, NH and now live in Ft Lauderdale, FL, loved the background, miss New England. Huge video for me, this one was. For the life of me I could not come up with a plan on raising capital to buy my first one to two cars, I'm trying the Turo thing, no dealership just yet. Thank you as it was an "Oh My God" moment because I take advantage of that 12 to 18 month letter from my Bank of America CC all the time. That's the ticket, for me, this has been the most helpful youtube for my business moving forward. I subscribed and thumbs up! Thanks

[@MX-CO]

At first I felt like I was watching a video about myself, I own a small car dealership that I started with no money of my own, I had zero in the bank. I got a $3000 loan from a friend that owns a dealership. I got lot dealer license etc , and a couple $500 cars and every time I sold a car , I used the money to buy more, I now have the car dealership, 10 cars that are paid for and I moved up to a little bit nicer cars. But I usually sell $5000 and less.

[@p.capes1]

How long did it take you to get your dealership? How year did you start selling cars??

[@MX-CO]

@@p.capes1 Had it since April 2019. I'm not sure about other states but the dealers license was very affordable here in Minnesota, I think it was $275. But the catch is you must have a lot first that is approved by the county your in to be a car dealership. Plus Bond and insurance, but you pay for those monthly and it's not a huge amount either. The building and lot I rented and it had been a car dealership before so I knew it would be approved to be a car dealership. Pretty easy start really , my only wish is that I had more money to work with , but I'm building slowly and I don't have any loans.

[@studio-flash]

Keep going.

[@The_whole28]

Tarz Thomas that’s great I’m from Orlando my business is running great

[@philipnnona4291]

I love his honesty. All love from Nigeria

[@dennisreynolds6915]

LMAO "a condemned building on top of mud." I love it. You rule. true winner in business.

[@LarsonFamilyFarm-LLC]

impressive...i understand what you did....great motivation to sell cars....and great motivation to float and absolutely pay your debts on time...before interest hits. Helps that you had your childhood sales ingrained in you...selling bikes, 4 wheelers and then flipping cars in H.S. ....all you did was grow and expand on what you were already doing.

[@youautoknowjoe]

Love it...im currently in an industrial space with enough room for 5 cars.. will be 2 years at this place come July. Love the auto industry!

[@HowToVideosUnlimited]

Thats awesome. You should convert some of the industrial space into a youtube studio and start putting out some videos of your journey as well. Multiple streams of income. Start collecting that Google Adsense money

[@youautoknowjoe]

@@HowToVideosUnlimited yes but no... I would like to master 1 successful stream of income first

[@HowToVideosUnlimited]

@@youautoknowjoe haha. I hear you KZbin is a lot of work. I’ve been putting out a ton of videos the last 8 months and finally barely started getting paid by KZbin

[@veronicagonzales4781]

Can I get any advise from you or anyone in comments.... my grandfather owned his own car dealership. He had the business since 1969. (Furniture store also, the city knocked it down to widen the lane) he then only had the dealership. Quick trip (gas station) offered to buy he kept declining. Finally he said if you don't give me what I'm asking for u are waiting your time. They finally accepted his offer. He owned the land behind it and re built his car dealership again.... so he continued his business. He also had rental property. Unfortunately he passed away in March. I decided to join iaai as a public buyer. I also searched on KZbin for any tips for anything. In some ways u remind me of my grandfather. You are a true go getter! My hats off to u.... the 1st time i tried to bid on a few vehicles and lost the bid..... yesterday I bid on 2 salvage vehicles. Both 2015. 2015 Tahoe. 2015 Acadia Denali..... now I'm 2nd guessing myself. Did I over pay? What if it needs more repairs? Visually doesn't to appear to be bad. Not sure if underneath is where I should be concerned.... I wanted to keep one for myself and sell the other for a profit.... can anyone please help me a bit more? I can provide the vin numbers. Or can anyone suggest anything else? I pulled a carfax. Not sure how to read them that well quiet honestly.....I appreciate anyone who takes the time to read my message. Thank you in advance.

[@CarolinaCarVideos]

Great Story. All I've ever done since High School was working at the car dealership. I wish I would of started my own dealership years ago, but I decided to start doing video and advertising for car stores. Have a good day. I'll come back again and watch more videos, but I have to go to the dealership now and film. later, Chad

[@nikitaw1982]

Have u thought of selling car products instead of flipping?

[@adventures223]

This is pure gold this guy is a success this is the best info you will ever get can you do a veido on how you set up you're dealership when first starting out like finding the right building and getting your first cars on the lot

[@qatantrum7313]

One of the best and honest video I've watched gaved me a sence of knowledge that am currently in use so thanks a lot

[@giannyg504]

I'm currently a web developer but love the car industry. Used to work in sales. This would be an absolute dream. Thanks for these tips man!

[@HowToVideosUnlimited]

Side hustle the car flipping. You can operate out of your garage or first floor home office with a wholesale car dealer license.

[@josiahhess4504]

Great video! I’m currently working part time and flipping a few Copart cars but I’m hoping to to start a car lot eventually

[@MCrelationz]

Hey how is the copart flipping going so far??

[@siggifredoaguilar7421]

Aren’t you supposed to have a dealers license since your selling multiple vehicles per year?

[@HowToVideosUnlimited]

I recommend starting with a small office lease with the minimum two parking spaces and try and keep that monthly amount to $500 or below and then once you outgrow that then expand. Good luck bro

[@TheMrFlyBoy18]

Did you do it or you just all talk?

[@jonathanmeraz2077]

awesome video bro, im a 15 year old that also wants to start a dealership, but I also love working on them. My plan is to learn about cars and become a mechanic a little, then go to college for 4 years and take business class in college, hopefully ill make it and thank you for showing us how you did it :D

[@silveriosierra1258]

It's always refreshing to see/hear someone with a true, unmaid up life story, world is full of people making money from telling people how to make money...

[@truckerenoch8824]

In Michigan, you don't even need your own building. You just need someone with commercial frontage that will agree to let you sell cars out front. I thought that was pretty weird, but really cool if you don't have the money for a building, but you'll be dipping into your profits (and possibly your wallet. As most of us know, they're not all big winners) to give whatever percentage you agreed to with the property owner!

[@allans7281]

Great video you’re a super salesman- the best education is on the street anyway

[@J_XXII]

I’ve seen your videos 2 years ago, you’ve grown on subs! I like flipping my car when i get bored of it. I wanted to start a used car dealership back then but i was scared to get in debt and fail. Now I’m realizing that should just do it and see what happens… im 19, your videos motivate me. I’ll save up more money then make moves😎thanks!

[@jamessummers1902]

This is great, really inspiring. Thanks for uploading!

[@ahmedbeyusuf2295]

James Summers it’s tough but there’s a $50000 bond

[@MCrelationz]

@@ahmedbeyusuf2295 how does that bond work exactly?? You have to actually pay the 50k or However much it is?

[@ahmedbeyusuf2295]

Joseph I don’t remember really well it was over 20 years ago but you can research it on google

[@MCrelationz]

@@ahmedbeyusuf2295 ok i will thanks

[@erico6117]

Wow 😯! I didn’t even know the secret behind 0% credit card check offers. It’s a good way to get anyone started in any flipping as long as money paid back within those terms. Doing it that way is actually better than initially get a loan from a bank because there will be interests in the end. Credit card checks fees are minimal compare to bank loans. You are a genius !! I enjoy all of your videos. I’ve learned a lot from you. Cheers 🍻!

[@boss.lepatron4488]

Kind person. Even though your family was already in the car and station business. It helps. Thanks for sharing

[@omarzowila]

If I were to operate a dealership, I would want to hire people who are willing to be honest and loyal to everyone but if they were to scam any of the customers, I would fire them instantly because I want everyone to get a fair price for what they are getting and also, I wouldn’t want any of the employees to hide anything from anyone

[@andrews5646]

Great video man, i just got my dealers license i am 24, your life sounds like mine ive been always selling things even from a young age, bikes, dirt bikes, quads, electronics. Been flipping cars for over 6 years, now i got my own place Excited to see where it takes me, keep up the vids!

[@jtown1bb]

How's it going, 10 months after your comment? Any lessons learned?

[@138152930]

In this state here's how it goes if you want to be legal. You're not going to get a dealer license with no or little money. In this state if you sell more than 6 cars per year you're considered a dealer. Obtain a Permanent Business Location. Meet Zoning Requirements. Obtain Fleet Insurance. Compile the Required Documents. Obtain Your Auto Dealer Bond. Submit Your Dealer License Application

[@mr.wizard2028]

The good old days of getting 0% off of a check are over my friend good thing you got in while you did I would say you got grandfathered in cuz it ain't happening anymore. Congrats🎓 on your business.

[@plr985]

That's not true at all my credit card company sends those checks to me all the time. I've had the card for over three years and I use it for big purchases here and there and then pay off. So they obviously send them so that I'll hold a balance hopefully beyond the intro period.

[@DaughterOfDestinyLinda]

Awesome Video. Watching from South Africa 🇿🇦 and I have started from nothing hoping for the best. Currently have no cent but hope

[@Musicallyattuned]

You sound just like me except for I got comfortable. Now I'm sitting here with eight cars in my driveway. Just because I can. I should start my own dealership

[@Ps-kc7sr]

how'd you get a dealer permit though? im in canada and my province requires a big sign of a certain size outside to show its the place of the "dealership"

[@lawrencemiller2379]

I have 20 years doing paint and body repair. 10 of those years I did rebuilders for my boss who bought from Copart auto salvage. Im now looking into doing my own thing and I probably should have done it sooner. Great video by thw way informative. I now subscribe and follow.

[@GrupoBonanzaDMX]

Hey Creg, Thanks for making this video. I just viewed it all and it makes perfect sense to me. I am gonna watch another video of yours. I am from southern california and want to start doing what you did. Your video is inspirational. I had some cars and sold them. I made about 3,000 dollars on two cars I sold. I do not have a Dealers licensed, but I want to know if I can buy from the Auctions without having one. About 20 years ago I bought two vehicles that were salvage and from an Auto Auction. I know a guy that had a car bodyshop and paid him $100 dollars to let me use his Dealers License. The guy actually took me to the Auction and let me pick the car I liked.

[@wago6144]

Solid advice just for any business, Keep growing!

[@Schianoy0]

this is awesome. thank you man. i’m 16 i’ve been flipping cars and right now i’m working on selling my 6th and 7th and i hope i can do this for a living eventually

[@leonardopassos6880]

No one teach his own business to others… unless if you have cancer and you are about to die… Respect this man.

[@bluetocop]

I could not sit around waiting for a sucker, it would drive me nuts. Quiet days wow . Good luck all the best

[@Jr-fm2ye]

really i couldn't sit around doing someone else work

[@ThomasJones-sz3sx]

You're a focused guy with an excellent, common sense plan. You did your home work! Excellent job!

[@topmix896]

You are just a lovely person, awesome video, keep it up.

[@FlyingWheels]

Why thank you very much

[@topmix896]

Flying Wheels you just shared all your story honestly with all details that can help anyone to start this business, I do car trading but not in usa for now, soon i will start that in usa too and the information you shared just add many information about how to do it if i will start in there, thanks for the video and hopefully someday i can meet you for business, who knows😊

[@pipolebnene]

Here in switzerland the hard part is to get the cars from dealers or private is even harder in order to sell them as a dealer

[@steveedwards1072]

Lot of common sense and reality. Great info too. Thanks

[@FlyingWheels]

Thank you

[@linfoot]

I’m really young right now but I am starting to get into flipping cars and making 1000 dollars by washing it and putting a little into it thank you 🙏

[@matovuivan2891]

Thanks for the knowledge.. watching you from Africa

[@dondenis1500]

That is how I got into flipping a few cars a year. I took more of a risk by just using my credit card to buy at dealerships. Since the cars were already detailed, I just waited for the title and then sold the car on one of those lots where you pay a fee and they take care of the complete sale. I always made enough to pay off the credit card and had some money left over.

[@RenaesInspiration]

I know this is an old post but I also like your way. What type of lot are you saying that you pay a fee and they take care of the rest for you?

[@sergiorodrigues9596]

Great advice my friend. Good business knowledge. I was always a big believer in keeping things simple. Subscribed!

[@FlyingWheels]

Thanks Sergio!

[@musclecarappraisal]

Keep it simple...stay FOCUS!! Agree!! 👍😎

[@mohammadsayd40]

How saned namber aind car

[@phillipverenych1]

Gold information. You're a gem man, thank you for sharing your learned experience and tips, blessings!

[@Chano601]

Great advice, exactly what I'm doing right now, super cool!! Congrats on your success!!

[@FlyingWheels]

Best of luck!

[@zsowle50]

I’m a master tech that’s been flipping cars for years. I’m getting old and want to do exactly the same thing yours doing. Been my dream. It’s cool to see someone doing it. I’m looking forward to seeing this launch your doing. My biggest problem is getting a dealers license. I’m in Ohio and it’s a bitch. You have to have a building and it has to be set up the way they want. I honestly don’t see how it’s possible.

[@donnmogul]

Good video buddy...congrats on all ur success....very well said and informative, 2 thumbs up buddy. Mogul...

[@alk3myst]

haha my first car was a 1966 Mustang GT my dad and I restored. I paid $3600 for it in 1989, my dad footed the restoration. My job was to take the car down to every nut and bolt. Either I clean it or replace it. Learned about hog rings :)

[@JonsMotoGarage]

Thanks for the insight. This info is priceless! I've been on the fence about starting up a motorcycle dealership. Been buying/selling on the side for years while working my 9-5. Have a lot to think about...

[@joeyboland3406]

Your childhood all the way up through sounds a lot like mine. When I was young in 4th and 5th grade, I started flipping bikes that I bought from friends. We lived on a busy road, so I would buy bikes, or even find free bikes in the trash, fix them up, put them on the side of the road for sale and make bank. I eventually moved on to atvs, dirt bikes, lawn mowers, etc and discovered craigslist. My problem was that I always spent my profits stupid stuff. In high school when I got my first job I started flipping cars, but still blowing the profits. Now I'm 21 building an auto salvage yard, temporarily on one of my uncles properties that he doesn't use. I work full time as a heavy truck mechanic and work on building my business on evenings and weekends. I'm at 10 junk vehicles right now. I sell a lot of the parts on facebook marketplace and ebay. I've been getting a lot better at actually saving my money and reinvesting the profits. It's taken me about a year now to get up to 10 vehicles. My goal for the next 5 years is to own my own lot somewhere, with proper permits, licensing, insurance, etc, and to do it full time. I actually have a lot more fun with salvage than I ever did flipping, although I do some flips here or there when I come across the right opportunity.

[@FlyingWheels]

Saving is the hard part. Just keep reinvesting it

[@TripDadLife]

How I started at 23 I started when i was 5 years old And my great grandfather started before that

[@4himsanctified]

"Slow and calculated" pay attention to that. Gold nugget

[@linchen4178]

Great video! Thank you for all your videoes! I just finished my pre-license course today. Being an used car dealer is always my dream. Hope I will get the license soon.

[@EatOffTop]

Solid advice... crawl before you walk... if you can't make it small than it might not be a good idea to go all in with your savings or credit and end up in a bad jam. This is how I've operated every business venture from my auto detail shop that I started at 21, urban fashion boutique that i initially started from the trunk of my car, to my private chef services which has been my career since 2013. I've been flipping cars since 2012 on the side because of my love for cars. Never flipped anything over 5k because it takes too long to find cash buyers... Except SUV's... I love finding a good deal on a third row vehicle. This is where I always wanted to gravitate and now I have enough cash and credit to make a not so scary "jump". I have a few plans to get some motivated people in buying inventory as well. Need the license first... Next step once I find a location... I have one of my old school classics and my bass boat at this small storage facility near my house that seems to have extra room so I'm going to proposition the owner of that land and ask him can I put a trailer office there and rent out more spaces

[@webgooniedotcom]

You remotivated me.

[@kristendathkelly2005]

you give good knowledge bro, appreciate your videos, and i will continue to watch

[@markherron9512]

Craig said the key words ....How did i start my car dealership? ......He did't say with NO MONEY..... as the head line stated...he said he had LEGACY MONEY 4 generations of money his dad gave from his dad him from running a Mechanics Business.....COME ON MAN....

[@FlyingWheels]

Your logic can be applied to any family then. generation after generation. No one in my family on the car dealership, and no one passed down and inheritance to me. I didn't have family money. I started it on my dime. With very little.

[@markherron9512]

@@FlyingWheels... No my man ....I just would have understood the Headline better if you said " How i turned my passion and entrepreneurship into a car dealership..... Don't get me wrong you did it on your own ...smart with the no interest credit card check....never paid retail for anything i assume or overpaid for product i.e insurance, land, staff what ever....... my thing is a lot NOT all.... persons that watch your video really come to it broke....no plan....desperate...i hope they came away educated by your slow calculated approach

[@mathainomed7041]

I think you need to rewatch the video.

[@markbrown6841]

That hair tho!!! Way to show the girls how a man can bump it!😂😂

[@markherron9512]

@@mathainomed7041 Meaning what? I'm open to to it ...come on

[@mauranomanon1974]

Very honest video and humble testimony from someone who just wanted to grow in business. I also live in FL and I am trying to do the same thing. God bless you.

[@gangsta19x]

Best advise I’ve heard, this is what I thought about doing to start my dealer. Glad it’s a proven strategy. Thanks man

[@sniperammow4865]

My first passion is medicine and I am working towards the MD but i also love cars, i hope to own a dealership.

[@codywallace9322]

Super informative video! Totally appreciate it! Couple questions. I have been buying cars from Copart, fixing them, reselling with an average profit of 1,250-1,500 for the last year, and it’s my dream to do it legally. I’m reselling well below book value because of rebuilt titles. I would much prefer to flip clean title vehicles. 1.What kind of typical profit would you consider average? It seems like $500/750 would be awesome for clean title vehicles with minimal work 2. What auctions are your favorite to attend? I have a buddy that has a dealers license and he is taking me to adessa in the next few weeks. Keep up the good work. Awesome videos!

[@FlyingWheels]

Depends on car price. Under $3500 I shoot for minimum $1000. Over $5k, $2000+ margin

[@marioabello7137]

Very honest and realistic advice from one who has earned the experience and wisdom to share. Great content with heart!

[@shofan70]

Thanks for the vid. Very informative. Are there any mistakes or failures you made during your journey we should look out for?

[@tanvirsingh5506]

Joe Garcia most likely yea that’s how you learn

[@mikerod-ml4rd]

I love your honesty What you said really speaks reality

[@npjsog1732]

Slow and calculated growth!$smart man

[@rickcaffey2126]

3 minutes into this video and it not hard to see you had help the whole way. Elementary School you were buying and selling bicycles with what money, let me guess you walked around everyday downtown and picked up pennies nickels and dimes. Middle School you were buying four wheelers and dirt bikes with what money, the money you made off of selling bicycles that's a lot of bicycles. Junior High high school college selling cars with no help? and I love the fact that you downplay your great grandad having a garage and a couple of gas stations Auto Body mechanics auto tech teachers and other family members played no part in your car selling business you are a fraud.

[@FlyingWheels]

@@rickcaffey2126 no one is self made. Everyone learns from someone. I had mentors and drive. I am passing mybknoweldge down to all of you now.

[@RealSteelStreet]

Yes, who you know means a ton in ANY business but doesn't mean you aren't doing it "on your own"...I'm in the car business myself and do most of my own work (cleaning/detailing, light/medium mechanic work, and minor scratch/paint touch up)...BUT I own my own rollback so no cost for towing (and a little "side hustle" money when needed), one best friend is literally an automotive guru with his own full time shop/business when I need any major mechanical done (which I try/hope to avoid if possible), and my other best friend owns his own paint & body shop for any major work on that end. They cut me really good deals as well as me hauling cars for them and/or their customers. Win win for all 3 of us really...and that's how successful businesses are done!!

[@_CoolHandLuke_]

Do not float. Floating can mess you up quick if you cant turn em fast. If you are new at this, i wouldnt advise it. Everything else hes saying is pretty spot on.

[@Poonard]

Did you have a mechanic help you out or did you just pay market prices at garages to fix these cars?

[@nyhost101]

Theres another advantage he had, he said hes from a family of mechanics for multiple generations...unless youre in his sweet spot you cant really make the money he makes

[@musa.Khurram]

Learn from YT

[@SuperMarigwana]

Thank you Mostly for taking your time to make it so transparent to us, you’ve just earned yourself a loyal subscriber…Congrats !!!

[@Jordan_Burns]

Best car flipping video I’ve seen on KZbin so far thank you!

[@dariusadams8573]

New to the channel! Appreciate all the gems in the video. Thanks 👍🏾

[@billharvey9959]

Saw you at Salem walmart didn't say hello but you have been KZbin recognized

[@FlyingWheels]

HAHA!! Im famous. Hilarious

[@muskokamike127]

or INfamous! lol

[@eldaddio9100]

Glad you didn't bother him 🙌 I'm not anyone special but was a Construction Supt for a international company and always bothered by people who recognized me especially when having dinner lol

[@craigsliwstdcs4135]

@@eldaddio9100 stfu

[@supbruhwhoareyou3154]

@@craigsliwstdcs4135 no u

[@johnkisner1010]

The T/A on a challenger means trans am. Dosdges way of mocking the trans am. Learn something new everyday. Cool. Love you videos. Learn a lot from them.