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10 years ago the auto auctions were a PRIME place to get car deals.
I am not saying that you can’t get good deals at auctions now, I’m saying there getting more competitive.
Reason why is, many are opening up to the public and dealers are selling “licenses” to the average Joe’s so they can attend dealer only auctions and bid on cars.
What do you think happens when people with no car flipping experience go to auto auctions and start bidding on cars?
Well, I’ll tell you.
They start bidding and bid too high for cars. They drive all of the prices up and when you walk out of the auctions you end up with a not so good deal.
The Cure To Getting a Good Car Deal To Buy and Sell for Profit
Stay active in the p/p market.
Scour the online classifieds, keep your eyes open on the street and spread the word that you buy cars. Plant the seeds.
…and in time, you’ll start seeing massive results.
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