How to Buy Fix and Sell Cars for Profit - Money Making 101

[@unintendedpurposes]

I was inspired from your "$400 to Ferrari" series and i bought a $500 car, put $250 into it and sold it today for $2500 (took 2 weeks from the day i bought it to the day it sold) might have to start my own youtube series doing the same thing :)

[@unintendedpurposes]

@More Haters? Really! nah. The car was in great shape. The seller parked it for a few months and it wouldn't start afterwards so he just wanted it gone. Turned out to be a bad battery and starter relay. I swapped em and it ran great. Clean trans and all. The kbb on it was 4500 with the miles and condition of vehicle, but the wife was mad i bought it so i posted it super low so it would sell fast. Anf i still made great profit.

[@gutentagfishing4313]

I’ll sub if you make it a series

[@unintendedpurposes]

@@gutentagfishing4313 deal xD

[@lildraco3783]

@@unintendedpurposes if you need help on how to make youtube videos or edit lmk

[@jimmypena2442]

@@unintendedpurposes haha sounds like me when I bought my mustang out of the blue, gf hated it so I sold even at a profit

[@jasonhare4840]

Your cars there are actually decently priced. Here on the west coast that car would be 5k plus

[@carsongwin1816]

Because cars in the north east are rust buckets. That’s what makes them cheaper.

[@JMark514]

@@carsongwin1816 he's right big facts it's the same in texas or any other areas where dust doesn't really happen

[@FCT8306onTwoWheels]

All about volume 👍👍

[@jasonhare4840]

Here in the desert there's no rust but the cars paint gets baked and interiors get roasted

[@lastemperor4716]

Don’t be stupid!!!

[@mikebuzz5784]

Finally, an honest car dealership. I love how open and upfront you are about everything. Not just this car. Major issues get fixed and leave some of the small stuff but not hiding it. Good job. 👍🏻

[@AutoAuctionRebuilds]

I love those old Saabs.

[@dennis_1488]

You and Craig are my favourite youtubers. Keep up the great work you two.

[@yrgmystery2191]

I love to see randy commenting on other channels I watch

[@joepierson3859]

keep the jeep! lol

[@dalylife1966]

I been watching you guys both for almost 2 years now Randy you get very decent 👌 price on with copart Good job guys keep going for doing good job on KZbin

[@ddemier]

Auto Auction Refills is in the house

[@drollmichael]

I have been enjoying watching your channel. Following the Ferrari flip with excitement.

[@stymiesnerdly771]

German is an MVP! I hope you treated him well for Christmas. Happy New Year!

[@FlyingWheels]

always

[@XX-166]

Get him a nice gas heater installed high in the corner of that garage and German will really pump out even more quality work.

[@ThunderFalcon333]

The one thing I dont miss about the car business. Cleaning and moving cars after a snowstorm

[@ec974]

I see you at dealership auctions. That us the normal people can't go to. I think there are public auctions. Would like to see you at one. See if the same tricks go as well. Thanks

[@RatediLyy]

I get what you're saying but the reason really he cant do that because at public auctions buyers go there to buy and drive cars and at the dealer auctions buyers go there to get a good deal and flip cars so prices are always lower in dealer auctions

[@muskokamike127]

@@RatediLyy well plus, dealer auctions are wholesale, and public auctions are retail.

[@muskokamike127]

The same rules apply at public auctions: don't buy a ford 5.4L, don't buy a used BMW, know what you're buying, and do a thorough inspection. There's one where I live that allows you to start the vehicles but not drive them. The thing is: dealers can go to both, the public can't. The issue with the one near me is the dealers drive up the prices. Specially these days when new cars weren't being built so inventory was really low. A lot of US dealers come up here due to the favourable exchange rate (30%) so they can pay full Canadian Retail for a vehicle, pay to have it shipped to the US and still make 20% on it. That's not including mark up and it doesn't cost any more to ship a $40,000 vehicle vs a $1000 vehicle.

[@jarrellidk]

Theres literally people in the comments saying he inspired them to do the same thing except they found the cars other ways. Adding to that, he said he did this before he even had a dealers license. But I'm sure the license makes it much easier.

[@vonte3605]

I wanted to see the fixed plastic on the front bumper

[@itsjewc]

I love my Saab. I think they’re easy to work on. I’ve been thinking about buying another one and flipping it. It’s usually an easy fix that is common to Saabs. that makes it a good buy because people don’t know much about them and think they’re done for when really it’s just something stupid.

[@mr.z3853]

Isn’t it hard tho since they are discontinued. That means it would be hard to find parts right. I always break my neck for a Saab lol because you don’t see much but idk if owning one is a good idea

[@kaitoskitchen2110]

Depends on your Model I’ve never had issues getting parts there’s a group in Britain that are dedicated to like restoring an upgrading Saab so parts are still serviceable at. I’ve been working on fixing up an old 1999 95 to flip five speed manual in America super rare got a crack i need to fix. Need a new alternator and batteries. Plus probably gonna look at the cam chain. Tho it isn’t makeing the Saab death rattle.

[@BWTECH0521]

Saaber here, thank you for saving another one! They are great fun and reliable cars! I will never stop driving saabs!

[@andrebenitez2903]

I bought a 2005 saab 9-3 from the original owner with 37,000 for 3k with the 5 speed manual and I absolutely love it because is drives great, gets great mileage and is quick as well as kept me safe when I got rear ended

[@limey91111]

Another great video, we need more content from your channel . As a dealer is there not more profit to be made from Copart car flips , I know there must be a higher risk but makes great content. Best of luck for 2021 dude .

[@paullevy561]

A decent high profit turn over car. You saw what everyone else missed. You fixed it right, inspected and priced well for the consumer.

[@oceantrolls7332]

Saab is the kind of a car that you buy to flip but when you drive it and use you fall in love... One of the safest rides on the road.

[@payableinsilver]

I started watching your videos after getting ripped off from a vehicle purchase from a bad seller. You have a great aura. You give off the impression of more of a teacher and you clearly describe things.

[@resurrectionautorebuilders8465]

That's the kind of car/flip that I live for! Although recently I've purchased some much, much newer cars to fix up. Makes me a little nervous having some larger money invested but hopefully the rewards will be greater. But you just can't beat a $600 car that you can sell for $3500.

[@revelationgarage858]

Always liked them saabs reliable , cheap , nice looking always done well with mine

[@joshtuplin819]

My dad had a Saab 93 and it pulled, I remember being in the countryside of England and he overtook every car he saw the 2l turbo is such a good engine.

[@joshtuplin819]

It was a estate/ station wagon with new tyres and was traded in for $1500

[@jesusspartan8951]

Bought a saab 93 2009 with 140k miles about 800 from some old man. Definitely a steal.

[@sainta2667]

You did great - These turn around video's are fun to watch , keep us informed when you'll sell it and for how much

[@frankie072]

Looks Great ,Back in 2010 i bought a 2001 dodge dakota slt 4x4 for $2000 ,it had 126k and the white paint looked like chalk,i honestly wasnt sure if i could bring the paint back to life.I spent all day saturday and half of sunday on it and the paint looked pratically new.I also put brakes and rotors and universal joints ,So i was into this truck for about $2350 I drove the truck till 2013 and sold it for $3,750 ,There are good ones out there ,but also bad ones ,im glad u got a winner on this one

[@jerikelterible]

Creg "I don't like cheep cars." Also Creg "cheep cars turn me on" 🤣

[@_-KOEN-_]

Yup

[@muskokamike127]

I know right? but you gotta love him lol.......I think it's not ALL cheap cars, he's got a thing for certain brands. Jeeps for one.

[@jmorris023]

wait, who's Creg?

[@emeyer6963]

@@jmorris023 Hairy and Gym's brother

[@kinglone9720]

My mind was to start buying and sell cars then if i make 50k i want to invest in a house then flip the house then sell it for more profit. I want to become a real estate investment tho

[@MrMaziar58]

Saab & Volvo are always my favorite cars

[@jeffshadow2407]

I tow my 18' trailer with my GMC Elevation 4X4! The other SAAB I have is a 2006 9 5 from Hawaii with 46,000 miles. Bought it from Copart Honolulu for $650.

[@brianmcintyre5629]

That was a great pick, I'm a retired mechanic from Canada 🇨🇦, you have a great eye for finding the gems out of the Ugly Ducklings 🐥, great job Greg 👍, I love your channel 👏.

[@FloridaCams]

Flipping cars can be a pain! I have managed to flip a couple of older AMG's a CLK55 and a beautiful CLK63 Coupe. I made a £7k profit on the CLK63 and a £2k profit on the 55.

[@yeolblt]

In what way was it a pain?

[@FloridaCams]

@@yeolblt hagglers, knowing when to sell etc... no shows, people who agree via eBay etc and then try to throw a lower offer after they view the car. Also, insurance and licenses! I’m not a dealer at all, just had a guy who had no license wanting to buy the CLK63... 480bhp... overall it took 2 weeks to sell the 63 and 5 weeks for the 55. Amazing cars though!

[@7Walter7]

@@yeolblt Flipping cars is a lot of work. You need a way to transport whatever vehicle you're planning to flip, have a place to store it, and the mechanical ability to fix it. One hidden issue could grenade your entire chance of profit. Notice this guy already has his own truck + trailer to transport it, employees so his labor cost is cheap (if you can't fix it yourself and have to take it to a mechanic, your labor costs will be high). Then take into account you'll likely have to pay sales tax because you don't have a dealers license, so that further eats into your profits. If you decide to get into flipping cars (or just flipping anything in general), make sure the price you pay is low enough that even in the WORST case scenario you can break even. Get into something so low that no matter what you don't get burned (this is the hard part - the patience/ability to find the right deal - which most people DON'T have). One good example is Ed Bolian from VinWiki. That guy is so sharp that -- without even trying -- he makes money on whatever car he buys. Car business is a pain in the ass. There's much easier stuff out there to flip than cars. This guy Flying Wheels is legit. He has his own successful dealership. He's a hustler. But be wary of most other youtubers claiming to make money from cars. 90% of them are bullshitters and are making money from the video content, not from the actual car flip itself. The numbers rarely add up.

[@XX-166]

Don’t forget the insurance for the cars till you sell them.

[@falloutpictures]

Never flipped a vehicle, but did some maintenance on a Saab 340, they were quite nice to work on. Better than an San Antonio Sewer Pipe.

[@s_1020v]

Thank you, I came from your “$400 to Ferrari”. I love your work and what you do. I am 13 and I want to start doing this, I love having the interest in cars.

[@jcastro99777]

This is great! im currently flipping phones, and whenever I have the capital ill be flipping cars as well. I appreciate your content, keep it up!

[@GALTwarrior]

I am a total car guy, and would probably enjoy doing this sort of work. Unfortunately in Michigan, they changed the laws to make the barriers to entry substantial. You have to have a physical business location with regular hours, have to have repair facility or one who wiil sponsor you, your lot has to have a certain capacity... and so on. I think it was an overreaction to the Craigslist flippers a few years back, but it really hinders decent ppl from entering the business

[@ArribaElGfe]

U my man teach alot fot free that i either just dont learn in school or have to pay. Thank you keep it up

[@gj4093]

Great job Craig. It came out awesome. Saabs were one of the greatest cars at one time. You're rockin it!

[@JoesGoldenGarage]

I got an 08 Saab 9-3. For short money. Year and a half later. She still a reliable peice

[@stevefoxg]

I used to own a Saab 9-3. Love them.

[@corbinreer851]

Using a torch on plastics just screws the next guy. Dries them out completely. It brings the oils to the surface and makes the plastics prone to cracking much more quickly. Love the rest of the video, just didn't know if you knew this

[@eoinmaclean6478]

Svenska Aeroplan Aktiebolaget (Swedish Airplane Limited) is what SAAB stands for. 2003 was the first year of the redesigned new generation 9-3, which featured a GM designed B207 Ecotec engine. Prior to this, the old generation 9-3 was equipped with a Saab-designed B205 with a Trionic 5 engine management system. These had a red ignition coil pack, commonly called a direct ignition cassette (DIC). In many ways, it was similar to the new generation 900 that it replaced. SAAB Automobile AB continued to make their own engines after 2003, specifically the B235 (with Trionic 7), which was in production in the 9-5 until that car’s redesign in 2010. Interestingly enough, from ‘99 to ‘03, you could purchase a 9-5 with an Opel-Vauxhall-GM V6 B308e engine. SAAB is still around and in production, though there is no longer an automobile division. They are continuing to make jets, both military and commercial for Sweden.

[@FlyingWheels]

Wow. Great info. Thank you!

[@DauphinIslandALTours]

I think it's awesome that you would take a chance on a $600 car because are often more trouble than they are worth. That's why I like this channel, you're looking out for a consumer to wants a quality car for a small price!

[@MiguelGomez-rs4kv]

Love these video’s. The Saab in that condition is amazing! You priced it to sell. Looking forward to the next one!

[@paulnoble5627]

Love your videos. They are honest and I like that you don't hide your mistakes. Everyone makes them so it is nice to see someone not afraid to own their mistakes. That detailing part though was chilling. He could use a little bit more training before your Ferrari shows up.

[@TheRSGarage]

Not a bad buy for $600! Good little cars the Saab’s and pretty reliable too.

[@Lucas-LeFever]

That Saab was a really great deal! I remember seeing these for sale in Pennsylvania for 4k+ in similar condition! Awesome find Craig!

[@brianbird3756]

I had an 05 9-3 aero for a couple of years. I put a tune on it, and it would get up and go really well. I sold it to a buddy, he loves it.

[@B0xlife1]

If I was picking up family and everything, I would definitely choose the Audi just because of it being a big car, and everyone could fit comfortably. But I was going to say I would definitely use the STI after the snowstorm, because those things eat snow like nothing. With that all wheel drive system Subarus just pile on snow like nothing, it's unbelievable and it being a STI with over 300 horsepower it's a fun little beast. Also, it can handle anything thrown at it! just not a lot of modifications, then it starts to complain a little... LOL

[@aaronp0324]

I've been sick for the last 2 days and have watched a lot of your videos. It's a fascinating business but you give me anxiety. Thanks for keeping it real and being honest about all the crap that you have to deal with on a daily. Best of all, I love your integrity.

[@ancientzalien]

AnXiEtY

[@Akadjjay]

I fully agree with you on the SABB I sold an 03 2 years (similar mileage) ago for someone for $3500 ACTUALLY ! ! Super fun to drive I was tempted to keep it for myself and regret not doing so still to this day.

[@ajsparks87]

Great video. I loved my Saab hatchback. Unfortunately (or fortunately) it was from the era before they started using more GM parts, so repairing it was getting more difficult each year. It was classy, understated, unique, and punched above its weight. When I get rich I might buy one again :)

[@fashionstreet1]

Great video that was awesome 👌 you got a gold mine on that saab for $600 and it really looks nice after all the work you did to it I hoping you got 5k for it 😀 it was a steal for $600!

[@MrLilclown323]

I love your content man, dreams man dreams.

[@lucpros7473]

Restoring the plastic trim pieces like that with a blow torch only makes it temporarily look better, but it quickly goes back to what it looked like before or even worse because the procedure dries out the oils from the plastic. Its better to polish so it lasts.

[@perrylin8109]

I owned this car. Loved my 9-3

[@leonardyoung5626]

Always loves Saabs. Esp that 9-3model coupe hatchback. First Gen. Might buy me one too!!

[@robertbell387]

Great jon on the Saab. Diamond in the rough. Just have to be willing to take the plunge.

[@carlosibacache4017]

I'm a new subscriber and really enjoy your channel and the fantastic content. I've been casually and responsibly flipping cars for a few years for vacation money mostly but mainly because I so much enjoy it. I'm still watching and going through all your previous episodes so I'm don't know if you have discussed or been asked the question about importing used vehicles from Canada. West coast cars have next to no rust and with the high US $ you could make some really good buys. Keep up the fantastic content..love all of it!!

[@LowcardTravelandFishing]

These detailing tips are absolute gold! I would absolutely buy this car in this price range as a contingency vehicle for my mom, perhaps. The next time I get some free time, maybe I'll try your flip strategy. I think, however, we only get 5 car sales a year as a non-dealer in NC (but no inspection for a year). Perhaps it is different in FL, where I will soon relocate.

[@blackericdenice]

If GM bought Lamborghini. Sooner of later, a none car guy behind a desk would put a LS engine in it.

[@cinder9950]

I had one of these but a 5 speed. Fun little car that got awesome mileage and no big issues.

[@Takeoverpets]

Loved how you turned the car to something more beautiful

[@sidekickgarage9276]

The ferrari flip series has inspired me aswell. Currently on my first project, hoping to make a killing as it was a very similar find as this Saab - looks rough but can be fixed easy. The only difference, i'm doing it in Europe with our prices (and our car prices are way higher) which is a challenge since even run down cars are still quite expensive.

[@AlexSoduk]

These are great cars. I have a 2006 wagon with nearly 200k. You should be able to get some decent profit out of this one!

[@dealerauctionnightmare4689]

I had someone the other day asking about a Saab. Hard to come by here in my neck of the weeds......

[@charleswalker7135]

I've seen that lot like a million times, just couldn't think of where I would see it. Right off exit 4. Crazy to think that I'd figure out that all those cars are for auction from a youtube channel thats based literally 20 minutes away from home. Small world.

[@Christina-bl4cv]

You're a great salesman. It makes me want to buy that SAAB lol!

[@FCT8306onTwoWheels]

Really cool seeing the transformation, great pick on the Saab

[@FCT8306onTwoWheels]

And cool Ken Block action with the Subaru

[@fashionstreet1]

Awesome you are a professional car dealer your cars really look nice especially that saab I see why you sell so quick 😀 congrats 👏

[@RubenRamirez-qh7kd]

LOVE LOVE 💘 LOVE ALL SAAB 🚘 AUTOMOVILES

[@doublet5996]

That car is similar to my car, except mine is a 2005, has most of the available option, has a manual, looks new, and has the better engine and bigger turbo. but I love the looks of those euro sedans.

[@myspinup8782]

Love Saab's, people plough the snow with their own trucks there awesome !

[@eamonnmckeown6770]

Call the Saabmaritans. I think that only UK viewers will get that joke. Nice to see the tongue in cheek backwards cap for the Subaru clip. Good stuff as always!

[@Carlito1988]

Love Saabs! Own 4 of them!

[@bryanroot4925]

My dad has a 9-3 id love to have that one for a fun little toy.

[@camiloguti6042]

Have you ever repo'd a car from a customer not paying and how did you go about it. How would you recommend a new small dealership to go about this process. That would make a great video.

[@skinvai]

I was looking at the Saab in your website few weeks back and giving a thought to get it. Then I realised, moving it to canada will be a pain in the ass

[@adrianleon1731]

I love my 2.0. With a stage 1 tune (for the bigger turbo 2.0), can put you at around 250-265 hp, and with them not weighing much, they're pretty quick cars. The smaller turbos like this one comes stock with 175, and I think with a stage 1 tune those can be put around 205 hp. Great cars nonetheless and because people don't really know about them, they tend neglect them and not take care of them.

[@richardburchett]

Very good performing car, lots of nice features, the refurbishment turned out well; it was a very nice job. Somebody's going to be very happy getting that car for $3500.

[@dealerauctionnightmare4689]

Your wet finger trick is what I use to gauge a foggy headlight...LOL

[@moneywolf2344]

The blue Subaru with the green. Didn't think of that. That's amazing

[@CobnutVTS]

this came out amazing, i really want to get into used car sales as a side hustle and if it goes well then probably full time as i detail cars atm and i'm dabbling in mechanics and i feel this would combine the both together well, only issue is, im 17 and in the uk where used cars are either cheap but awful or out of my price range and cars that wont sell

[@jjlol262]

It’s all about your will to want something. If you’re dedicated enough you’ll find a way. Good luck to you man

[@CobnutVTS]

@@jjlol262 thanks man, i'll do my best!

[@ThisIsSparta300]

@@CobnutVTShow’s it going buddy

[@kevinanderson705]

I love Saab stories! Geter cleaned up and make some $$$$

[@javierrivas7346]

Heyyyyyy I hope to one day be able to do what you have done, I like the vids keep up the great content!!, I remember my dad used to have a Saab I liked it

[@sebastiannordstrom6023]

I have a 2001 saab 9-3 with upgraded turbo and many more goodies and it makes about 300hp. It has 185 tkm with is like 110 thousand miles and it runs great.

[@antoniof7479]

Everyone loves a good Saab ❤️

[@Fljeff7]

I use Alumabrite in a pump up sprayer and a smaller pressure washer to clean wheels

[@titleistprov69]

Keep it up Craig. Can you do a video on how to make the leap to open a car dealership? Hard to quit the 9-5 on a prayer. Dealerships in IL require so much to start up before even achieving license and then on top of it you need to be there 5 days a week according to the rules. Hard to start on the side. Managing it from the side I wouldn’t trust someone else running my dream. Thoughts?

[@ken-camo]

I had a 1999 Convertible that i wound up selling for scrap. i left it out with a leaky roof and mildew took over. i regret it, i could have fixed it up. still ran and drove perfect. 5 speed, turbo. smh.

[@eddiehazard3340]

Hi you get the award for "Not Knowing How to Film." we award this to people who film with their phones vertically, as if that's how our eyes are placed on our heads... Are your eyes verticaly aligned, one atop the other? Then it makes sense that you turned the camera vertical. However, as a "Normal Binocular Vision Biped" my eyes are side by side - it helps me tell distance. As a result, I'm best served by a horizontally filmed shot. I hope you will repost this video for those who have binocular vision. Thanks much! Think about it - I'm viewing this on a screen with most of the resoultion going horizontally... and you turn it vertically. That means you take a 1280p, and you turn it into worse than 480p - for real! Why do that? Just consider what I'm saying, or else the Normal Binocular Vision Bipeds could get all mad at you! (jk)

[@wichogr8396]

I've been waiting this video !!

[@YouDontWannaFightMe]

Saab was way ahead of their time in terms of mass producing turbocharged 4 cylinders for most of their lineup. Just look where the whole industry is headed now and you can see how they paved the way.

[@jonasschumacher1519]

As a saab guy, the thumbnail made me overwhelmingly happy

[@lightningboltz525]

Same here tbh I'm a Saab, Saturn, Suzuki guy

[@HacksawG999]

Right on! Thanks for the video. I just started getting cars at auction and there were a few Saab cars up for grabs. I like them personally but I thought that they'd be hard to sell for some reason so I stayed away. Maybe I should reconsider. Time to do some research! Anyone know about Saab? What models to look for? Are they durable and able to withstand time and milage?

[@Ss010101]

9-3's are everywhere for short money over here. Even low mile ones. I figure there's gotta be a reason for it. People wouldn't be ditching them for next to nothing if they were satisfied with them.

[@robertvance1873]

Beautiful car, I always wanted to own a Saab but that backwards engine always deterred me, Heard the stories about working on them and cost.

[@Ben-jq5oo]

Great cleaning job! The car sounded very good too. Did you check the documents that came with the car to see when the last brake fluid and oil/filter changes were done? It wouldn’t cost a lot to change them both.

[@kirtjotgrewal]

You have inspired me to do car flips and I have made a killing and I’m only 14

[@yeolblt]

Good on you 🙂 !

[@LuckyDogGaming]

😂

[@stevenfinley4886]

Im 6 years old and flip 479 cars per week

[@HAMMER8181]

Stop stealing cars! Killed me to see my former accord on its roof in a ditch

[@PowerlineRider]

car turned out awesome, wow for $1000 total and some sweat equity, definitely paid off! hate NH inspections haha

[@brandonm6117]

You're right, the satin black looked good on the Subby

[@davidneal113]

Selling people a good car for a fair price is it’s own reward . I can tell you love to do that as well.

[@richarddean4716]

How did the car change its colour from maroon to silver and back to maroon when cleaning the wheels?

[@alouisschafer7212]

Same with old Volvos here. A lot of car for little money. I know they practically don't exist in America but here you can find them for like 1000€ or less running and driving.