If you’re interested in flipping cars for a living, you gotta do it right. There are laws you need to follow that vary from state to state that will protect both you and your clientele. States have varying limitations on how many vehicles you can buy and sell. Oregon, for example, limits individuals from selling more than 5 vehicles in one calendar year, unless they can prove that the vehicles were “primarily for personal, family, or household purposes or for other purposes that the Department of Transportation, by rule, defines as constituting an exemption under this section.” Otherwise, you’d need to get a dealer license. Selling more cars than you’re allowed to without a license to do so can result in some pretty hefty fines or even jail time.

So, it’s decision making time: do you wanna flip a few cars a year to turn over a small profit on the side, or do you want to make it a full time job? However you do it, make sure you comply with all state laws and regulations to protect yourself and anybody you do business with.

Different places have different needs. If you live in a rural area, focusing on trucks, SUVs, and vehicles with towing capability may suit your market. If you live in a city, then smaller, reliable commuter cars may be in higher demand.

Spend some time browsing your city’s classifieds to see what people are buying and selling to help inform your decision. Talk to local car clubs and see if they have a necessity for parts for their vehicles regularly. If they do, you can use leftover parts from salvage cars to recuperate some of your costs.

For the best deals on rebuildable cars contact one of our trusted dealers

www.eliterebuildablecars.com
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