1) Part-time – Full-time – Anywhere: You can make good money on a full-time basis or in your spare time when buying and selling used cars. You can do this in small towns or big cities – and you can do this anywhere in the world.
2) New Car Buying verses Used Car Buying: When you buy a new car and factor in monthly payments, full-coverage insurance, gas, maintenance and repairs – it’s no wonder why even “cheap” new cars costing only $15,000.00 are totally out of reach for most buyers.
3) New Car Depreciation: The average new car loses 60% of it’s value in the first 5 years (Source: Edmunds.com). This is why a huge percentage of car buyers never buy new cars and choose to buy used cars only.
4) Perpetual Demand = Recession Proof: Unaffordable new car prices and horrible depreciation are why the demand for used cars is perpetual and that’s also why this is a true recession-proof business.
Avoid Get-Rich-Quick Scams: I’m embarrassed to admit this, but I had to learn the hard way that “get-rich-quick” is bogus – and that mistake cost me a lot of time and money too. The old saying: “If it sounds too good to be true then it probably is” is still as valid as ever.
Reduce or Eliminate Trial and Error: There are lots of money-making plans being peddled by scammers that have never actually worked the business plan they are selling. Avoid them like the plague and learn from those that have… Read more…