We had some setbacks - Flipping $400 into a Ferrari - Flying Wheels
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- เผยแพร่เมื่อ 6 ต.ค. 2024
- We bought an infiniti with some serious issues. This is going to set back our Ferrari process just a bit.
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Starting with just $400 and buying and selling cars for profit until I can afford a Ferrari
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I wait for these videos to drop. By far some of my favorite content to watch! Keep up the good work flying wheels!!!
Same here but sometimes the recycled clips from previous clips get repetitive. Other than than I love his content because I do it as a side hustle as well.
Thx!
Ditch the TikTok clips, try to not repeat your "phrases" that much and work on your editing sound/visual.
Other than that, I love this series. Craving it twice a week ♥️
I got a cheap code reader just to thwart the "code-clearers". It has an "emissions ready" light that won't light if codes were cleared recently.
This is a good start to a toxic relationship ~ Craig 🤣🤣🤣
"But who the heck wants a Dodge Neon?" 😂 You took the words right out of my thought 😅
Worst cars ever! Id rather have a Cobalt
The Neon SRT-4 is cool though.
you can say whatever you want but i used to buy these cars and resell them for 1300-1500 more than i bought them for but i always bought the most luxuriest versions i could fine with full leather. in my country (holland) they where easy to flip years ago.
You know whats worse?
A Dodge Intrepid LMAO
The audio was way better this time!! Makes such a big difference. I've wanted to get my dealer license ever since I worked at my first dealership when I was 23. I don't have the capital to start a dealership by myself, but thanks to your videos I realized I can start with wholesale. I'm hoping to get my wholesale license by the end of this month.
where are you at?
@@mph5896 Florida
Definitely agree that the audio is better. Thanks for not blasting us with super loud music and then being way too quiet on the voice!
There is no honor among thieves is so very true.... Sad but true 😐
Yeah but their is no honor in these videos. He only had 10k to spend on the jeep and he is thousands of dollars over budget(according to his word) on the jeep that has not sold at time of this video. So the $1500 Audi he used to make the $2500 on this video technically never existed. Even if you said he did that before fixing the jeep(which he did not) he still wouldn’t break even on what he spent on the jeep. 8500+2500 that’s only $11k which he spent way more that that on the jeep
The FJ cruiser was a huge score and the deal of the day. Crazy resale value. The only issue with the 2007 was the rear diff pinion bearing, but one of the most reliable vehicles.
I got one of the super rare 2007 *trail teams* black Pearl ones with the two step tune performance exhaust factory lifted factory massive tires.
Only like 1200 made or something like that!!
Drove all the way out to Cali from AZ to pick it up cuz I was able to steal it for $7500 with 160k miles!!
The guy clearly didn’t want to clean it cuz that’s all that was wrong with it!! It was in very dire need of a deep clean... luckily you can hose em out with the plastic waterproof floor!!
Invested $1000 in some beautiful tires with red imitation bead lock... got soooo much attention everywhere I went. SOOO much attention it was beyond massive with the lift!!
Sounded beautiful and the two step cut out at redline was so unnecessary but was really fun to surprise ppl with it 😂.
Oh and how much I sold it for... invested $8500 with the beast and the tires... in less than one month sold privately exactly a year ago for $16k!!
I included the 5 heavily worn 35” pro comp wheels with the vehicle with the 5 incredible looking TrD 16” rim 33” tire red imitation bead lock and also added red pinstripe along the sides to really compliment the wheels.
I highly recommend getting the 16” trd rims on 33” tires.
The FJ got so many looks and compliments... but I couldn’t keep it sadly cuz I mean the thing felt like I was 20 feet up and always in the other lane and scared to pass ppl on a two lane and it didn’t even come with an interior overhead light... why Toyota left that out in the 2007 I will never know haha...
You're not a thief man. I'd buy from someone like you exclusively. You're a rare breed brother.
Idk he mixes his numbers up A LOT. If you fallow along this far then you should know he went thousands of dollars over budget on the jeep and that in spirit of the series he technically did not have have the $1500 for the Audi which he sold for $2500 to make this video
@@JFroMG_YT the difference is we aren’t customers so him telling us numbers doesn’t reflect how he would sell the car to us
Plus he works with a lot of cars so he prolly got mixed up
Those dam Nissan transmissions never fails to fail
Those FJs are RED HOT right now! You will certainly make a lot of $$ on it.
When have fjs ever not been hot
@@ashleyluis7158 ive never even heard of them lol but if he removes/fixes all the rusted up AM parts its gonna look good
I never could figure out why they were hot....they are (IMO) ugly AF. But yuppies love them.
@@ashleyluis7158 🤣🤣🤣🤣🤣
@@muskokamike127 lol they are ugly they are the poor man's jeep 🤣🤣🤣
But that jeep originally came with good tires but he switch them with the tires from the other jeep that wasn’t part of the 400 dollar flip so he shouldn’t pay the new tires with the money from the challenge
The g35 is is a great car I have a 06 g35x and I bought mine for 2600 with 200k miles and a miss fire changed spark plugs and car is running great and sounds amazing
The Honda has a shift lock override that’s a good thing keep getting cars that have that
What is that and why is it a good thing to have
@@angrycustomers2211 because if you can’t turn the ignition on in a car and it has that on it, it’ll allow you to put it in neutral to get it on a trailer or a tow truck
I had the same 2004 Infiniti with 320,000 miles on it. It was a champ. Same engine and transmission.
Kind of impossible now days as everything is electronic shift now. It's stupid and and unsafe. There should be mechanical back up for emergencies or if it looses power. Same thing is happening with electronic parking brakes(notice there's no emergency brakes any more) which is even more dangerous in my opinion
@@cheesecurd100s I have to fully agree with u
Im not sure how the market is in your area but buying motorcycles in the winter and selling in spring seems to be a good flipping tool!
Squealed like a little girl when I saw the FJ. Its a good buy especially since you got it without alot of competition. Literally a diamond that just needs polishing.
After watching a bunch of videos from Precision Transmission, your shop will be seeing the easy magic of taking apart and replacing parts in the transmission to make cars run like they were supposed to. After taking out every fastener in the transmission ,having a pile of the components, and cleaning them, easily the burned out, worn out parts can be seen and ordered.
Transmissions are a specialty. Gary makes it look easy, its not. 1 piece out of place and the transmission is coming back out and you are going through it again. Ford 99.9% of people, yank it out and wing a used or reman trans in and run with it.
@@mph5896 As the son of the Precision Transmission man learned the trade from practice and mistake, others will. On Flying Wheels the car is running so poorly they have nothing much to lose.
@@kenchow7772 They do have a lot to lose. Time.
@@mph5896 Yes indeed the high part of the transmission work is the extensive time needed for the work. The parts may only be hundreds. Craig had been hoping that the title wouldn't be delivered to him on time and he could get out of having the car. Maybe he has the Infiniti RE5R05A problem found in 2003-2010 models. He paid $1400 + fees for the car. He may still be able to come out ahead.
First off, I love the series and keeping up with this project. Second, I would be very interested in seeing a video (series??) about your favorite detailing products, cleaners, tools, etc. You have included snippets in your videos about how to tackle various issues, but a review of what products you have found to work well would be super cool. It could even be a chance for German to show off his star power and a little more of the behind-the-scenes magic at your dealership. Also -- I can't wait to see you on Ninja Warrior! It will be a good chance to represent your channel too.
You're not alone. Many of us regulars have asked German to make a video on his tips and tricks.
Regarding the cleared CEL, next time bring a Bluetooth OBD2 reader and check the emissions readiness monitors. If they are all shown as "Ready" it means check engine light hasn't been cleared , if they show "incomplete" that means the light was just reset.
He first saw the car while they're driving it in the auction Bay he has no time to do any of that
I have been watching since you were a couple thousand viewers/subs and it's pretty wholesome to have witnessed this journey you have made. I can honestly say, of all the content I come across and view on my lazy Sundays and off season, I am most happy to have come across your channel. And that is even as someone who could afford to try to fail at doing this (myself). It's just fun watching you work. From a landscaper in Central Ohio who loves cars, to a guy in New Hampshire who deals cars because he loves cars, thanks for the inspiration and knowledge. More importantly, thanks for the twinkle of wisdom.
"Knowledge without application is simply knowledge. Applying the knowledge to one’s life is wisdom-"
Fun video. That Toyota will shine up like a penny once you get rid of the aftermarket rotted out steel parts. Honda, I would have passed based on the bologna slicks on the front of it. Anybody driving with tires like that and you know how they treated the rest of the car. Infinity, too old, too many miles to mess with without firs looking it over. Hopefully it turns out well.
I would say mid grade cars is probably the sweet spot. Around 4-6k its still cheap enough for those that want/need something in decent condition to purchase from you without waiting multiple weeks, but you're also not having to deal with the headaches of these really cheap cars you hate dealing with. Another thing to consider now that people are getting back to work, is maybe some of the lower end work trucks 5-10k, theres a huge market for those, since even the new ones being manufactured are way too expensive.
Man you are the reason I’m in the process of getting my dealers license!! I have a little more than the $400 to start that you did ($3000) so hopefully I can get something decent to start out!!
Love that you show both the wins and the losses.
You should have bought the Grand Marquis. They're dead reliable. They like the CVPI have a few issues but once you take care of those the car will last forever. A new buyer would've got a great car.
that capri sure was run down but they are pretty fun summer drop top run abouts, especially the xr2s with the dohc 16v turbo engines
the resell on those FJ are pretty high now , some tlc and elbow grease and that will be a winner for sure
Mannnn I knew transmission issue as soon as I saw an 03-04 G35 :(
I keep buying Copart salvage titles that I do end up making money on but they take so much time I’m wondering if that’s smart. I just see cars that I know should be saved
Your making money which means your buying the right vehicles at the right price,most people could never turn a profit with a salvage vehicle so your doing something right,but I’d suggest you buy both clean and salvage when your money allows for it👍
Manheim isn’t allowing any sort of scan tools on the lots anymore so people can’t clear codes. They still can outside the gates but the car is usually started enough times or idles long enough that any cleared codes will reappear. A trick is to start and turn off the car 4-5 times to cycle the computer.
They can still be cleared by disconnecting the battery. Whether or not that's something that could be done on the lot by the seller I don't know, but a scan tool isn't the only way to do it.
@@GrandPrix46 if you “clear” codes with the battery disconnect method a scanner can tell you that it was done. It will show as a low voltage code. Or multiple. I just bought an S550 that had over 50 low voltage codes and an airbag light because the PO let it sit in his driveway for a few weeks without driving it. . And some scanners will also tell you when a code was cleared with a scanner.
@@bebin73 but how will you hook up a scan tool to a car on the lot in Manheim in the first place? You said they don't allow them.
You can tell the codes were cleared no matter how they were cleared because the readiness cycles won't be complete, some vehicles take multiple drive cycles and have more criteria to complete them than you could manage in a parking lot. But since you can't use a scan tool on the lot you'll never know until you've already bought it and either start driving it, or running diagnostics.
@@GrandPrix46 some people sneak them in. Some use their iPhones to scan. There are apps and wireless OBD plugs. Sometimes cars can be arbitrated so after the sale the buying dealer can scan the car and arbitrate it for hidden issues.
@@bebin73 when I made the comment about disconnecting the battery to clear the codes, it was made assuming scan tools were out of the picture because you said they weren't allowed on the lot. If you sneak one in, then by all means use that to clear the codes instead of disconnecting the battery, lol.
You will also HAVE to sneak a scan tool in to see if a vehicle has had the codes cleared before bidding on it, because there is no other way you will be able to tell (whether they used a scan tool or disconnected the battery to clear them). It seems like in Craig's case, there was nothing he could do about it after the purchase, which sucks.
No entrada 😂 love your videos saludos from costa Rica 🇨🇷 . Keep doing what you doing 💪
super hyped to see what you do with that FJ, ive been looking for one!
If you get those rusty FJ bumpers sandblasted and recoated they could look like new again. Maybe in a matte finish or rhino liner to hide the pitting?
I drove the Mercury Capri from Fort Benning Georgia to San Antonio, Texas in sixteen hours at a hundred and ten miles an hour most of the way . No problems with two other guys in the car with me taking driving turns. Crazy little car . Scary fast for such a little car. Strong engine and standard transmission. Great on gas!!! Someone will buy that car.
I’ve got a G35 coupe and they’re great cars if you do the maintenance. You’ll wanna try and do a throttle and idle relearn on that G35x, see if that helps. Thankfully the transmission is an open system so you can add fluid and see if that helps. They’re not really known for transmission problems, just some oil consumption on manuals.
Your telling me, I own a 2006 Infiniti G35 Sedan ands it is so reliable. That's all I hear other than the 5 common issues on that car such as window regulators, oil consumption from 03-05 def on the rev up engines, 3rd gear on Manuel traditions etc. He just really got unlucky lol
Transmission**
Most interesting series to watch. love your work man!!!
We have to buy everything blind online in UK dealer auctions at the moment. Its allowing people to get great money for problem cars!!
Craig, I like your videos. I work for used car dealer in NJ. The Honda probably needs a brake light switch (it's on the pedal bracket). Put some Lucas in the Infiniti n take er back to the auction, lol. It is a scummy business, we get cars all the time with lights on from auctions and bid lots with fuses missing and things unplugged cuz someone else wanted the car. Probably happens everywhere
Great tip!
We get those grand marquis with anywhere from 30k to 75k . And they always seem to get them serviced at the dealer . Great cars !!! We always sell them and do great
Sorry to hear about the infiniti. I filmed my friends Nissan Skyline 250gt four (we had both the nissan and infiniti varients in Russia) the other week, and your infiniti made this skyline look great. Lol.
I didn't know that the auto transmission fault was common on these. It was so slow in getting into reverse. Keep up the good work!
From an fj owner I look forward to the fj video love these trucks
Love this channel. I’m so glad I came across it. Great videos Craig.
Can't wait to see the Toyota FJ cruiser transformation!
That FJ looks horrible. Rust is a big no no for me. Luckily we don’t have bad winters here. I do buy Chicago and Detroit cars but from owners with multiple cars. They have winter beaters! The nice cars stay in the garages in bad weather.
you Southerners are terrified of any rust😂
@@joepierson3859 rust is the gift that keeps on giving. You can’t get it under control unless you cut out the body panel. Not worth it when there are too many no story cars available. I’m in Indiana.
Of course the Infiniti would smell like April 20th 🤣
that forester is timing chain not belt for future reference
My buddy has a g35 same as yours he’s been thru 4 transmissions 1 tcm and the mechanic still can’t fix it it’s stuck in limp mode
Hey I have a 94 Capri I LOVE my Capri super fun cars shoulda nabbed it they are so fun they are actually based of the Mazda 323 chassis b6t is similar to the b6 in the 90-93 Miata just with a factory turbo
I would use the Lucas transmission conditioner on the Nissan Maxima.
FJ will be a good project. Take off all the rusty parts etc and replace. Do a little body work and make that money 💰
That damn neutral switch was the bane of my existence in my 00' civic everytime you park doesnt release keys or shift back
Looking forward to the fj video. Hopefully the transmission is something simple
In the grocery business it's the same choice slow dollars or fast quarters.
We work on volume
How much did you pay for the Dinali and the 2010 accord?
Maybe it's obvious to some, but I value the wear advice like looking at the brake pedal or the wear on the side of the driver seat. Nice tips
I would personally stick with Suburbans and Tahoes with the V8 in them. They are reliable and parts are everywhere. The only downside is that sometimes the cylinder delete system fails but I've heard that a kit exists to eliminate it. You lose the fuel economy of being able to run on 4 cylinders instead of 8 but you gain reliability. Everyone loves em. You could even become THE used Tahoe guy of your area. I can picture chevy coming to you to set up an authorized GM mechanic and parts shop.
Love the FJ Cruiser, and the manual trans! Well done!
Had 4 old cars traded them all in got new venza and serento hybrids . Got good values for all the used cars. Got a nice semiconductor stock doing well .
as soon as saw how far back the seat was in that Infiniti I wasn't surprised by the weed smell.
One day those things will be pretty rare.
I rarely see one that not's ratted out by broke drivers nowadays.
there's an abandoned one a couple of blocks from me that is starting to lose wheels, taillights, front bumper etc etc.
Altima coupes too which is a shame because I like 'em and can't afford a nice one right now.
I'm worried about all the rusty accessories on the FJ. Toyota is great but has had some serious frame rust issues.
they are all aftermarket
So if all you had was 20k, would you go with 10 cheap cars, 5 better cars or just 2 very decent cars? Thank you, I'm really enjoying this series.
Love your videos but you knew better. Of course the Infiniti has a transmission issue, timing issues as well, its a Nissan. Most of those 6 cyl transmissions are junk, not just the CVT. Great score on the FJ and Honda.
Nice recovery from cost of the tires .....nicely done. :)
Hey man I know it might make things more time consuming by some extent, but they make scan tools that can run a diagnostic on cars before you buy them and do a really good scan on the engine and transmission to give you a better idea of what's going on with the cheaper cars you buy. The initial investment would be a bit but I feel like in the long run it could really help you to avoid cars like the g35x, I've been watching for a while and love the content so I figured I'd mention it to you :)
Problem with scan tools is a car will come up with 20 codes and none of them will be serious, it may take 10 minutes to upload the data and another 20 minutes to figure out that there not serious. As a dealer you need to look at hundreds of cars in a day, the best scan tool is you driving it.
From real estate to cars it seems like every market is on fire right now. Hopefully inflation doesn't eat us alive and prices stabilize next season. Keep it up Craig you're crushing it!
Please keep us posted on the accord, I am looking into buying one almost identical to that and would love some dealer insight on it, and how to fix potential problems!
Those 8th gen accord I-4 are bulletproof. I see many with 200-300k and they still run fine. Only issue is some had oil burn (yes the I4)..other than that its a solid car and your right you cannot go wrong with a Honda, everyone wants em.
"Who wants a Dodge Neon?"
True but different people different things. Good first car and low miles. My dad only drove to the bus station so that kind of thing would be all he would buy
Nutz n boltz garage is a channel that does the super cheap cars on youtube. I watch flying wheels for the exciting, expensive, fun cars.
Dang, I really love the car business. I would love to get a dealer license, but I already have a GOOD full time career I am not going to give up. My state makes it VERY hard to do part time.
I have a good full time career but I think i’m going to go crazy sitting at a desk all day much linger
Brooooo the '84 Mercury Capri was sick as hell.... I had one back in 1994, came with a subwoofer under the seat and a nasty ass boss 302, would rip
This was before they made that little 4 cylinder version you're checking out haha
What about the time bomb timing chain tensioner, is that just a game of hot potato for dealers?
Looking to make my first Car Flip in the coming week. Thank you for all the Knowledge been studying your channel this past 2 months. Excited to see what I produce in the next 90 days. 🙌🙌
Thank you for telling us what you paid at auction.... I share all ones you do that in with friends.... As a curious guy , love to know what stuff goes for and all work you put in ... Great job...
N00b question. If "nobody is around" and you take some cars for a little spin to check gear changes. Why aren't you running codes with your scanner?
How’s business Craig?? I’m in Philadelphia pa and we’re killing it . We don’t finance but we accept bank financing but mostly $cash . We been doing 2/ 3 a day . Cash 💵 . Amazing with all this going on we’re busy in sales / slammed in repairs . I’m just thankful .
Can’t wait for the FJ video. 👍🏻 hopefully there is not a bunch of rust underneath. Good buy
This is a real smart dude...he understands math and wat makes since...goes very deep into detail
sense
Didn't know dis was a spelling test...wats my grade sir..
FWIW, the seats in the Yukon/Tahoe were the same for that entire generation. They were only perforated when it had front cooled seats.
Don’t always like your technique of selling cars but always enjoy the content
As a tow truck driver in baltimore I could of just looked at that Infiniti and told you it's guaranteed to smell like weed and was driven hard and not taken care of by the previous owner. Cut bait and run it back through the next auction and hope another sucker takes it off your hands
I remember while back you showed your work out routines. Can you please integrate your gym sessions in your videos.
Honda's do have transmission issues, but they all do if neglected. I purchased an ES300 Lexus 10 years ago, with 120k not knowing it needed a new transmission.
Love the series. Tough luck with the check engine
Shoulda bought the grand marquis!
Be real interesting to see if Lucas transmission fix would help the Infinity before the trans shop gets into it...
Its a bandaid. Cant retail a car with Lucas in it.
Apparently checking the trans fluid level/condition is hard. Remember the SRX he had and assumed the trans was bad? Was 5 qts low and had a leak, trans shop had to diag that...
Love the FJ, bought my kid a honda coupe from an copart auction, still driving it!!! Hope you had a good ninja run.....
You should bring an obd2 scanner with you to the auction (if that's allowed) to check for stored codes. You can even get the blue tooth obd2 dongles that slip into your pocket so you can get codes on your phone and nobody will see you do it.
Believe Craig buys without looking over the cars very closely mainly due to shear volume of cars at the auction. It is intimidating when you go and there is 500-1000 cars running through for the day at some of the larger auctions.
@@mph5896 I'm sure he can send German or one of his techs to look some over during viewing before the day of.
Scan tools are really not that practical for cheap cars many have codes that are meaningless
Joe Pierson at the auction the cheap scanners are perfect to check and see if the check engine light was cleared, the drive cycle monitor will show as incomplete
@@mph5896 my point was you make the most money on cheap cars that have engine codes
You and I are very alike . We both love to buy cars just to drive it and say we had the car . Usually old cool interesting cars that other people don’t look twice on . No wonder I love your videos.
Still you should show how cheap you can fix the Nissan😅 Toyota would be a nice flip project
Watched your vid saying cars are high right now. I then found an 09 jetta for $1000 got ir for $750. Less than $500 into it. Great condition
Nice deal!
When they are low on fluid or not working right don't beat on them you're hurting them worse.Tip for the day.
Like the car wizard once said don't ever buy Nissan's or infinities because they have a bunch of small problems
my t-shirt arrived today !!! thanks Craig !!! love it!!!
thanks for the support!
Yeah two week flips ... i wish :D i have a 2005 Toyota Yaris one owner, no rust,new brakes,tires and sway bar links ... listed for 1500 for 4 months now and no bite .... and Yamaha 2010 YBR 250 for 2500 and BMW 2013 320xd new timing high trim for 130000 and 2005 Passat for 2750 and nobody :(
Which country?
@@filiptonkic266 Czech republic :)
Around here you could sell that fj as is for 20k lol.
It's insane on the West coast. FJ's with 180k miles going for $18-23k.
Pretty sure all the non turbo foresters have a timing chain, my 2.5 does.
Just getting started with my car lot. But scared that wont be able to pay 3k a month just for rent. Any advice? Love your videos!!
...know your numbers...follow your opportunities and not your passions...
Most likely it's the brake switch gone bad on the accord.
I would've bought that FJ cruiser myself, those are only going to go up value.
Sorry to see the troubles. The positive is it shows us how these kinds of situations are the nature of the game!
I stay away from Nissans. After 2003-ish, the reliability went down the tubes! Renault? The VQ35DE suffers reliability issues, as do all the automatic trans!
Where you buy your cars from? Manheim? I see that you got your r8 nice. It was good you got rid of that one you bought from the action.
That's a bummer, I've had to G 35's and they were great. My current Maxima has 110,000 miles and runs like new
Another great video. Entertaining and I always learn something. Keep up the good work.
Thanks, will do!