MAKE $3000 A WEEK SELLING CARS TO CARVANA!(EASY SIDE HUSTLE)
ฝัง
- เผยแพร่เมื่อ 4 ต.ค. 2024
- Nobody is talking about this! This is an easy way to make money flipping cars to Carvana.
Get the car delivered to you here:
runbuggy.com/
Disclaimer:
I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal or financial advice.etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. Some links may be affiliate links and I may receive a commission. This helps fund my channel so I can make more videos.This is a TH-cam video for entertainment purposes ONLY.
![How To Flip Cars | FULL PROCESS [14]](http://i.ytimg.com/vi/mNlurNIddqA/mqdefault.jpg)
![How To Flip Cars | FULL PROCESS [14]](/img/tr.png)
He also failed to mention there is a $250 membership fee + a $400 Deposit to bid on cars and $99 once you sign up and can only bid up to $2000. It wouldn't have been that hard to mention that in the video.
Brother maybe he advertising to caravan ,we do not know,but I agree he suppose to mention all payments we do there Tnx.
What do you mean can only bid up to $2000? Can only buy a $2000 car?
@@JJ38255 bid up to $2000 no deposit or may 10% deposit or pay for more expensive membership with a flat $250 deposit.
They all use traps to make us buy course
Lol 😆 you so right & hilarious @ the same time, in the way you said it. Hahaha
You have to be careful on Copart; a lot of dealers send their junk through that auction
Pretty cool, thanks!
1. Do you not do a prepurchase inspection before you buy?
2. Do you handle needed repairs and cleaning yourself?
3. What are risks to look out for?
4. How much buffer between the buy and sell prices do you recommend to account for surprise repairs that may be needed after purchase?
5. A lot of other commenters are describing extra fees and costs associated with the whole process, is this not your experience?
Thank you again! Bless
10% auction fee, and the delivery can cost 600 to 1500.... The $250 fee to join and processing fee too
He is not getting into the details. When selling to carvana or carmax or any other dealer like them the title has to be titled under your name. Carmax requires to be at least 30days titled under your name. Also when carvana and carmax runs the vin after you click the next step they automatically deduct about 40% off their initial offer if the vehicle has been in AAI or copart auction. I have sold about 15 cars to them. Oh and the 5car limit per person has never been a problem for me and I don’t have a dealer license
So, basically you need to make sure you buy at a good low price because Carvana and CarMax will low ball you if the vehicle is coming from IAA or Copart.
Does it matter how old the car is? Or if check engine lights on?
40%. that is a huge difference. There goes all your profit most likely
Sell it to your wife and she to said service.
🧢 on the CarMax side, I’ve registered a vehicle on Monday and sold it on Thursday to CarMax. Never sold to Carvana though.
You can't also sell your vehicle to Carmax as well. The process is identical to Carvana.
But you still need to register it on your name, get to dmv and such, and yes, most states it’s 4-5 cars a year.
I doubt they'll take it if your name isn't on the title. It will be obvious you're flipping it then, not that it matters much I suppose.
Car dealers are having problems selling their own cars, with that said, why would Carvana purchase more vehicles if they cannot sell their own?
I literally thought Copart was the 'land of misfit toys'. That said, there are literally millions of cars out there and this process should work for any of them. Thanks Super Dave!
Will you shed some light with us and how we'd work that? I know in my state I can only sell 3 a year. Thank you.
Seriously ! Don't mislead people! They can't sell a car unless it's in their name .... that's a process and expense
There is aways a catch and that is you have to get the vehicle in your name and that could take a month or more. I sure wish some youtubers would look at all the details when making these kinds of videos.
the Catch is there is a membership fee he failed to metion in the video
The catch is that Carvana requires title in your name for a month and DMV will charge reg-tax. Carvana will not buy from dealers and will drop their offer 40% if sold at auction.
They wouldn’t even buy the car if it’s not in your name ! And you have to pay taxes to put in your name
You are gonna sit on that for a while while you get a title and be careful on a flip DO NOT SIGN THE TITLE. Give them a unsigned seller title so it can be transfered You also need to get it registered and registered because unless you are going to keep it INSIDE it can be towed from your property in most states if it has no plates
That's called an "open title". In most states it is illegal to buy and sell in that way, I know for a fact it's illegal in Arkansas and Oklahoma, but that being said, yes you can do it that way but if your caught it won't be good and will probably hurt you being able to actually sell cars legally in your state.
@@makingmylifebetter It is legal in Fla cause the title clerk told me it was ok but I have heard that its a problem. However, how do dealers do it cause they are not titling their cars, they pass them through. Maybe its a dealer only thing
They told me whoever is the listed owner has to sign the physical contract in person either at a store or on-site during a pickup, so sales tax to transfer the title into your name is apparently a must
@@Shedlers Agree as the final owner but in a flip in florida you are allowed to hold the car as long as you do not register it and not sell or pay tax till it is registered by the final owner. Actually, no one would even know that you bought the car cause there is no transaction data. Not sure about other states but how are dealers supposed to buy and sll if they have to title and pay sales tax on every car. Pretty sure at least if you are a dealer you can hold without sale and in Florida an individual can also hold without sale . I just did a transaction like that where my seller DID NOT sign the title when I bought the car as the buyer but he NEVER REGISTERED THE CAR and only flipped it to me, I signed as new buyer.and title co say it was legal cause I was wondering too
Can you register it without transferring the title?
Only 5 cars in Az before are required to have a dealership license.
If you register them in your name. Don't put your name on the title of the car you're flipping.
@@ElementsLandscapeDesignwho’s name you should put then, you still need to register it, correct?
When the price of used cars was really high I paid 20,000 for my car when it was really only worth about 14 or 15 through carvana I still owe them just over 14,000 and they offered me $7,000 for it. Screw carvana!
No I don’t think this will work. In my experience you need to physically inspect about ten Copart cars to find one good deal. Their fees are very high, they take a long time to get you the title, and I think carvana has rules about who and what they will buy. How many times have you done this sir? Hope you’re not giving advice on something you haven’t done multiple times yourself.
He said he’s already sold 4 cars.
@@Defi4Lifecap
@@Defi4Lifeplease stop being so gullible to what you see online. @Its super Dave has most likely done this ZERO times, if you read through the comments, actual informed people are filling in the blanks to what this click-bait huckster intentionally left out
@@Defi4Lifeif he says fees were 500 bucks im pretty sure they were copart purchases fees are over 500 bucks on $1500 bid
You've sold 4 cars? Wow numbers like that can't lie!
Hi,
I am very much impressed with your effort to help others. Today you thought us how to sell cars to Carvana from Copart auction site.
I am living in GA, can I bid/buy without dealers license in GA?
If it's impossible to bid without license, can you please suggest any other method to bypass this obstacle.
Thank you for helping!
Most of these auction cars need work. If not, the seller would sell them to carvana rather than sell them at auction. THe only good cars are donated cars, but those sell for more than what carvana will pay. Trust me we buy over 500 cars a year. Also, about 5 percent of the cars will have bad titles.
Where do you buy from?
Where do you buy them?
@@denisouncho2513 we buy from iaai and copart
@@angelicaleyva7 we buy from iaai and copart
Hi Dave, I’m in San Antonio. I was wondering how many cars we can sell to Carvana in TX? Thanks in advance.
This is awesome! Thank you
This is a lie. You have to register the car in your name and wait for the new title in your name to come in mail (2-5weeks in texas).
Titles ! Titles! Need to be in your name , you left that part out, sales tax too!
You did not address the paperwork. Do you need to transfer the car to yourself before selling it to Carvana?
So if you get a wholesale license you have a "dealers license" and you can sell to them after you have reached your maximum number of vehicles in your state 5 in mine but would that apply to kelly blue book also I've seen they got a feature for get offer now
Carvana does not buy from dealers.
I thought carvana was gone out of business.
What happens when you buy a car on copart and it ends up not being not what was advertised, copart sells as is and no refund. I stopped buying from them after being burnt several times.
I was disappointed when he said copart.
Great! Thank you.
Love it ❤
Clean title cars from Copart is super risky lol 😮
@@decideswell6699 because why wouldn’t they be in normal Clean title auction ? Copart is great salvage speaking from experience. I buy a lot from copart
Great info!
3K A WEEK BTW🙄 Plus auctions charge 10% then sales tax! AND CARVANA IS KNOWN FOR NOT CHANGING TITLES. SMH 😒
What you can is find a cheap car put in the vin number an see how much it worth if its worth more than the buying amount then purchased the car then sell it on carvana
What about curbstoning laws? In GA, private citizens can't flip multiple cars without taking ownership and registering them.
You can sell 5 cars per year in GA with no dealers license
What about the year and mileage, if your car is from mid 2000 with high mileage you won’t get much as far as I know. Carvana sells top notch cars.
I would not risk buying vehicles on the website. If it looks too good to be true chances are it is a risky business.
My question is, we don’t know the condition really so just happens if something big is wrong with it and carvana sees that? What happens after?.
Why does Copart sell to the public? Manheim doesn't.
All auctions have alot of cars that need major repairs even if they look like new😅
I like it!
These are total lies! The state attorney general is suing and investigating Carvana, which has a 2-star rating by the BBB.
Is it hard or expensive to become a dealer?
sales tax too, has to be in your name
Thank you
Interesting
Cop art has a membership fee
Can runbuggy deli8ver the car straight to carvana whwereever the the auction is? or do you eed to get title transfered in your state first?
You are gonna sit on that for a while while you get a title and be careful on a flip DO NOT SIGN THE TITLE. Give them a unsigned seller title so it can be transfered
Them mean Carvana?
Do you have to register the title under your name first?
Yes
The car needs to be registered and no less than 6 months, how does that work with your method
Carvana will only buy it if your have the tile in your name , so he left information out .
If I have a physical address in multiple states , could I by pass the limit of cars I can buy yearly by shipping to those addresses
@dammitbobby283Thank you for info
Them mf’s just offered me $200 for a 2019 Infiniti q70 luxe
Wtf?
sales tax?
Thank you!
❤