How do you afford this sport?

Scraggly

Scraggly

Location
hhh
Wet Dreams said:
I guess that may be true but I will argue we are the GREATEST nation ;) just wait till Trump takes over. Then we WILL be the richest lol
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aytee

aytee

Location
south dakota
Lol... I'll agree as bad as our "3rd world problems" are we're still fortunate... But we're #1 in one area that i know of... Military spending....

sent from inside a beer can
 
jetpilot36

jetpilot36

Location
Fort Worth
i used to live paycheck to paycheck for years. Then i decided to invest on what i like to do best. sell cars. I got my dealers license here in Texas and sell about 25 cars a month on average. No more paycheck to paycheck. People keep telling me that when i step up my game and buy higher end cars, my return will be higher. That's true to a certain extent, but most people on craigslist don't have 5k in their pocket. Most on craigslist DO have $1500 to $2500 and those are my buyers. Buy an auction car for $800. sell it for $1800. ALL DAY LONG. I'm still at my regular job though. i cant seem to take that leap of faith and sell cars full time. I'll re-evaluate at year's end and see where I'm at.
 
SXIPro

SXIPro

JM781 Big Bore
Location
Here on the 'X' mostly
jetpilot36 said:
i used to live paycheck to paycheck for years. Then i decided to invest on what i like to do best. sell cars. I got my dealers license here in Texas and sell about 25 cars a month on average. No more paycheck to paycheck. People keep telling me that when i step up my game and buy higher end cars, my return will be higher. That's true to a certain extent, but most people on craigslist don't have 5k in their pocket. Most on craigslist DO have $1500 to $2500 and those are my buyers. Buy an auction car for $800. sell it for $1800. ALL DAY LONG. I'm still at my regular job though. i cant seem to take that leap of faith and sell cars full time. I'll re-evaluate at year's end and see where I'm at.
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$5k is a high end car????????
 
jetpilot36

jetpilot36

Location
Fort Worth
$5k cars do sell. just not as quickly. keep in mind that i the cars i sell are almost always worth more than what im asking. for instance i have a 05 avalanche for sale right now. 160k miles. good running vehicle. good paint. A/C etc . it probably wont last till tomorrow. $4500. i really don't go buy KBB. i price by comparables.

interesting note. I sold my Xscream ski last august to start this business. now i could buy 2 xscream skis with cash if i wanted to. Just like others have said. its about smart investments.
 
Scraggly

Scraggly

Location
hhh
SXIPro said:
Weird. I guess I am used to looking for trucks on CL where you see more of them over $20k than under $20k. Local Facebook and yardsale groups are where I see all the garbage in the $5k and under range.
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I personally like cheaper vehicles for Dailey drivers. I haven't had a truck payment since 2004 and I won't always be able to get away with it, but it's nice. If you are patient and have cash you can find some good deals.
 
jetpilot36

jetpilot36

Location
Fort Worth
SXIPro said:
$5k is a high end car????????
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High end is a relative term i guess. Ive seen people buy a 03 impala with 225k miles on it and the look on their face and their attitude is one of much joy. almost as if they've purchased a GTR.( i like GTR's) Its just because to them, "high end" means they don't have to walk everywhere or bum rides anymore.
 
Scraggly

Scraggly

Location
hhh
Maybe once I advance a little at this new company and get some pay increases I'm tempted to get a new truck. I travel almost 3k a month just to work and home and I've learned before the cheaper ones don't hold up real long doing those miles. When I was in college same commute and I went through a beater every year. Good part was I could drive it a year get back what I paid and grab another with same money. Those where just 800-1200 cars for the commute and kept my truck parked during the week. Be nice to get a tdi with 30+ mpg. Although my current truck gets 21-25 now not bad for a full size v8 gmc
 
McDog

McDog

Other Administrator
Staff member
Location
South Florida
jetpilot36 said:
i used to live paycheck to paycheck for years. Then i decided to invest on what i like to do best. sell cars. I got my dealers license here in Texas and sell about 25 cars a month on average. No more paycheck to paycheck. People keep telling me that when i step up my game and buy higher end cars, my return will be higher. That's true to a certain extent, but most people on craigslist don't have 5k in their pocket. Most on craigslist DO have $1500 to $2500 and those are my buyers. Buy an auction car for $800. sell it for $1800. ALL DAY LONG. I'm still at my regular job though. i cant seem to take that leap of faith and sell cars full time. I'll re-evaluate at year's end and see where I'm at.
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$1000 a pop × 25 a month isn't enough to quit your other job? I'm in the wrong business.
 
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