How I Built My $3 Million Business Buying Cars At Auctions

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  • เผยแพร่เมื่อ 29 ธ.ค. 2024

ความคิดเห็น • 238

  • @lukelaming3445
    @lukelaming3445 ปีที่แล้ว +199

    Impressive to see Craig on this… he’s a great TH-camr, really likes to show the good and the bad side of things instead of just sugarcoating it to make it seem much worse then it really is.

    • @juanojeda8069
      @juanojeda8069 ปีที่แล้ว

      That's great I'm looking for that also

    • @adrian33161
      @adrian33161 ปีที่แล้ว +3

      Wouldn’t sugarcoating make it seem better than it really is?

    • @SunnynPhilly
      @SunnynPhilly ปีที่แล้ว +1

      @@adrian33161 yea I think you’re correct The Edge. Saw you in concert once, great U2 show 👍.

    • @tomriddle-fs4ur
      @tomriddle-fs4ur 9 หลายเดือนก่อน

      ​@@SunnynPhillyhe's correct.....

    • @MikeMane-ex1vf
      @MikeMane-ex1vf 7 หลายเดือนก่อน

      He is a great liar too.

  • @bayram493
    @bayram493 ปีที่แล้ว +95

    I’ve been watching this guy on TH-cam for the last 3 years he’s great and has very valuable information.

    • @10YearOldTom
      @10YearOldTom 8 หลายเดือนก่อน

      Same here.

  • @droopythebeagle2783
    @droopythebeagle2783 ปีที่แล้ว +16

    Since watching him on TH-cam. I have learned a lot of what he does. For me. I like cars. Why I say " Cars my thing." Not just the cars themselves. But the business and cars shows, etc. So much about cars. So watching Flying Wheels on TH-cam helps myself.
    Being a autistic adult. I have graduated high-school. Some college. Worked many places. And interviews and fitting in isn't easy. But autistic people not just myself are smart. "Unique."
    So watching Flying Wheels on TH-cam is great to watch, learn and let's me continue to learn about cars and the automotive industry. Everyday I continue to learn something about cars. Never stop learning. I have been to car auctions ( public ones). Never done what Flying Wheels has done but always want to stay in the automotive industry.
    So I just watched this video you have about Flying Wheels. I learned even more about how cars are bought and sold thru auctions. And more about Flying Wheels.
    Very good choice to do a story on Flying Wheels.
    I will continue to watch Flying Wheels on TH-cam. Never myself have done what Flying Wheels has done. But I've owned many vehicles myself since twelve. Took one apart at twelve. ( school not easy and found since little I like cars).
    So again. Great choice to do a story on Flying Wheels.
    We live in a digital age now. I say: " If you can't keep up with technology, technology won't wait for you."
    And also. Autism. At times it seems hard to do things. But don't give up. And be proud of yourself. We have strengths, skills and great ideas.
    Again. Great video on Flying Wheels CNBC.👍

  • @henrykim4230
    @henrykim4230 ปีที่แล้ว +18

    Craig is my favorite car saleman. He's honest and he always wants to help his customers. He goes beyond what he's supposed to do. i like him. He has a cool boat :D

  • @jonr6680
    @jonr6680 ปีที่แล้ว +57

    This guy is successful because he hustles, and he knows his business. The overhead is eye watering and covid showed that no business is bullet proof. Good luck to anyone who can take the risks and keep smiling.

  • @effay83
    @effay83 ปีที่แล้ว +20

    I went to a car auction with a dealer friend in my early 20s in Manheim PA. It was a great experience, one that I still fondly remember today. It's hard work. You have to do volume to make a good profit.

  • @Itsdre416
    @Itsdre416 ปีที่แล้ว +10

    I've been watching flying wheels for years,
    If only small dealerships followed the way he does business.

  • @Kylehoulihan
    @Kylehoulihan ปีที่แล้ว +6

    Oh my god!!!! I’ve been watching his TH-cam videos for a while and now to see him here is crazy!!!! Keep up the good work!

  • @Tylnorton
    @Tylnorton ปีที่แล้ว +8

    That Ford Focus at 2:18 was mine. I traded it in for a 2012 F150. Craig said 4x4 works good but it did not and it still does not. Fortunately with better all-terrain tires I bought, it does just fine snow until I can try and fix 4x4. Craig did help me out with an airbag light since it can't pass inspection in Massachusetts. His mechanic wasn't able to fix it, so he went to others until someone did prior to trading Focus in. End of the day, I got somewhat a good deal considering it's a rust free truck from Virginia and I have posted some videos with it in snow last month. Craig, if you're reading this, I hold no grudge despite 4x4 not working, and I wish you nothing but the best with Fly Wheels! And I hope someone enjoys that Focus because I made memories with that car.

  • @rickstevenson9585
    @rickstevenson9585 10 หลายเดือนก่อน +3

    It’s almost mandatory at this point. If you’re going to be an entrepreneur, you HAVE to have an origin story that includes a story about your great great grandparents getting off the boat with literally nothing because grandpa immediately sold his shirt for a loaf of bread to feed the whole family for the next month.

  • @8figureant516
    @8figureant516 ปีที่แล้ว +3

    As a dealer I can relate so much glad I found this

  • @TheBattleMaster100
    @TheBattleMaster100 10 หลายเดือนก่อน

    Very rare to find an honest car salesman. I like his mindset. Very down to earth and professional. ❤

  • @verynick
    @verynick ปีที่แล้ว +9

    I like his transparency and I think that’s what makes him successful!!! I wish my local car shop or tire place or tax person all do vlogging so that both parties can see whole thing!! Haha

  • @shaham712
    @shaham712 ปีที่แล้ว +1

    Learned so much about the car market watching Flying Wheels TH-cam videos.

  • @amazingaviation3223
    @amazingaviation3223 ปีที่แล้ว +8

    Watched this guy for awhile! Lots of respect for this, God Bless!

  • @FunStuffBuddy
    @FunStuffBuddy ปีที่แล้ว +10

    It was acknowledged briefly but these big sales numbers are so misleading since that’s not even close to take home pay after the significant expenses of running it. “100% return on investment” is bogus.

  • @gm1258001
    @gm1258001 ปีที่แล้ว +12

    Oh wow! Great work Craig. Been watching your videos for awhile and great to see you getting featured.

  • @rorosnusnu2035
    @rorosnusnu2035 ปีที่แล้ว +1

    Didn't expect to see Craig here!

  • @boksugoks9312
    @boksugoks9312 ปีที่แล้ว +3

    Man, so glad to finally see a mainstream business media feature on Craig, if only he still had German as his right hand man 😢

  • @nhlanhlamakhubu4666
    @nhlanhlamakhubu4666 ปีที่แล้ว +12

    i love these cnbc videos, makes me feel like i just read a book

  • @herevlad1
    @herevlad1 ปีที่แล้ว +1

    Love that he's very honest

  • @agdrummer2610
    @agdrummer2610 ปีที่แล้ว +4

    Good for Craig. Seems like a good dude.

  • @qualityautorepairtireautosales
    @qualityautorepairtireautosales ปีที่แล้ว +1

    Thanks for sharing...Every he said is 100% spot on. I own a Auto Repair Business (main business) and I also have a dealers license. I use my dealers license to mainly buy and sell with my Repair Customers! From my experience people prefer to buy/sell with repair shops. In the city I'm in 3 other repair shops also have their dealers license. With that license I'm able to help my customers 3 different ways. 1. Selling them a Quality Used Auto...They know with in 30 days if something is not right I make it right! 2. I buy vehicles off my customers that I can repair and feel good about reselling! 3. I get customers who have a derelict vehicle that we don't want to retail...Instead I'll sell at dealer auction 'AS IS"

  • @Tylnorton
    @Tylnorton ปีที่แล้ว +2

    I am trading in my truck that I bought from him 6 months ago. It had nothing but problems. Was told 4x4 works, it doesn't. Brakes were so bad and it unsafe. Constant misfires. And the cherry on the top was it needs a new timing chain and solenoids which is a $4000 job. At 2:16 in the video, was my Ford Focus in the background. I traded that in for the truck I bought from Craig. The worst part was he doesn't even know the vehicle history because we had to do the carfax ourselves at that point I should have never bought the truck. He needs to be honest and provide a carfax you can't just buy vehicles at auction and then just sell it the next day.

  • @RichTowsley
    @RichTowsley 11 หลายเดือนก่อน +1

    Absolutely Outstanding Video! Smart Man.

  • @ericmeurs9021
    @ericmeurs9021 ปีที่แล้ว +2

    Love this man’s TH-cam channel. Some good life lessons

  • @hotshot1574
    @hotshot1574 ปีที่แล้ว +1

    Shout to Craig proud of you man you’re going up!

  • @officeraurilio
    @officeraurilio ปีที่แล้ว +3

    Great Interview, keep up the great work!

  • @PremierAutoMan86
    @PremierAutoMan86 ปีที่แล้ว +8

    Craig...Flying Wheels!!! Congrats love his channel.

    • @cameronvincent
      @cameronvincent ปีที่แล้ว +1

      Was wondering why he looked so familiar at first ahah

  • @vognmandpedersen8144
    @vognmandpedersen8144 ปีที่แล้ว +13

    Craig is hardworking, not many puts in the hours and energy that he does!

    • @samsonsoturian6013
      @samsonsoturian6013 ปีที่แล้ว

      Or starts out inheriting a multimillion dollar business

    • @FlyingWheels
      @FlyingWheels ปีที่แล้ว +2

      @@samsonsoturian6013 started in my driveway with 1 car

    • @janicestowell1527
      @janicestowell1527 ปีที่แล้ว

      🤦🏻‍♀️ His parents are high school teachers

    • @samsonsoturian6013
      @samsonsoturian6013 ปีที่แล้ว

      @@janicestowell1527 either he's a liar or you are

  • @moparrdudee87
    @moparrdudee87 ปีที่แล้ว +1

    This is a really good TH-camr ! Seems to be an honest guy too. Good info as well

  • @tommasoscalese
    @tommasoscalese ปีที่แล้ว +7

    This is how capitalism works in real life. Craig is great and the people like him move society and bring it into the future

  • @austinhernandez2716
    @austinhernandez2716 ปีที่แล้ว +4

    I thought about this too, buying, fixing and flipping cars. I'm trying to start many businesses. Junk removal, metal scrapping, car flipping, furniture delivery. Just trying to be independent

  • @axm203
    @axm203 ปีที่แล้ว +3

    Congrats Craig!

  • @giogonza8741
    @giogonza8741 ปีที่แล้ว +4

    Love his content

  • @G.M85007
    @G.M85007 ปีที่แล้ว +3

    I've enjoy watching his videos. Hes pretty cool guy.

  • @bigchief113
    @bigchief113 11 หลายเดือนก่อน

    Great to see FLYING WHEELS on CNBC!

  • @freddyhollingsworth5945
    @freddyhollingsworth5945 ปีที่แล้ว +1

    I've watched Craig for years. He is honest and works very hard and he does the right thing, even when he doesn't have to. I live in Arkansas and I trust Craig enough to buy a car from him blindly.... He is amazing....

  • @rudysalas9138
    @rudysalas9138 ปีที่แล้ว +5

    With my automotive knowledge and experience, I have taken my hobby to buying and selling cars. I’m doing very well and hope to soon enter the dealer auctions. Great side money

  • @FinancialShinanigan
    @FinancialShinanigan ปีที่แล้ว +5

    How much for that GTR at 5:40?

  • @orlandocastillo6862
    @orlandocastillo6862 ปีที่แล้ว +2

    Love his TH-cam channel

  • @carsonac4163
    @carsonac4163 ปีที่แล้ว +2

    Way to go @flying wheels. Keep it up!

  • @510Live
    @510Live ปีที่แล้ว +1

    manheim in California is much more savage, the market here is heavily saturated with small dealers everywhere. it's a completely different ball game depending on the state your in...especially when your state is banning the sale of all new gas vehicles by 2035; it all trickles down. love Craig, he's excellent. they should've gave him more time in this video.

  • @ostab
    @ostab ปีที่แล้ว

    I following this guy from Dubai and i like his videos 😉

  • @jagerdager07
    @jagerdager07 ปีที่แล้ว +3

    Craigs a great guy! As a second generation car dealer here in Canada love his channel! Love the success!

  • @JSM.
    @JSM. ปีที่แล้ว +5

    Great video Craig!

  • @TylerChristoher
    @TylerChristoher 4 หลายเดือนก่อน

    I'm going from detailing, spraying truck bed liners at the auction here, to hopefully having my own small dealership like Craig here. Need money to start

  • @damnkids9999
    @damnkids9999 ปีที่แล้ว +1

    love this guy this guy and scotty kilmer great people

  • @antoniocastilloiii3465
    @antoniocastilloiii3465 ปีที่แล้ว +3

    how much is that R32 in minute 5:40?

    • @FlyingWheels
      @FlyingWheels ปีที่แล้ว +2

      Gtr. We also have an r33😁

  • @JoyTothesummer
    @JoyTothesummer 9 หลายเดือนก่อน

    In this business is all who you know. You gotta be well connected

  • @rezartpinderi4418
    @rezartpinderi4418 ปีที่แล้ว +1

    Wonderful job Craig

  • @daviidee1
    @daviidee1 ปีที่แล้ว +7

    Craig let’s get you a tv show! 📺

    • @FlyingWheels
      @FlyingWheels ปีที่แล้ว

      Working on it😁 🤞

  • @mobandzz773
    @mobandzz773 ปีที่แล้ว

    Crazy Craig on this congratulations 🎈

  • @vettys
    @vettys ปีที่แล้ว +1

    I'm glad to see You in cnbc man!

  • @thecarsurgeon529
    @thecarsurgeon529 9 หลายเดือนก่อน +1

    30sec-3min to look at each one? That is false, you can go the morning of, or even days before to look at the specific vehicles you want to purchase.

  • @akorarichard4395
    @akorarichard4395 5 หลายเดือนก่อน

    A really good business man

  • @woodrowbunopaddle
    @woodrowbunopaddle ปีที่แล้ว +1

    These paid adverts need to stop. The average public thinks this is just news. Please people !!! Really Vet what you see on TH-cam

  • @BrettFightorFlight
    @BrettFightorFlight 8 หลายเดือนก่อน

    Good story and excellent editing

  • @apaggio8406
    @apaggio8406 ปีที่แล้ว +2

    Very creative, fun to watch his TH-cam channel

  • @travelingfool9096
    @travelingfool9096 ปีที่แล้ว

    His tube Videos are are fun and informational.

  • @CarPhonix
    @CarPhonix ปีที่แล้ว

    Flying wheels!!!!! Wow!!! 🎉

  • @csp8490
    @csp8490 ปีที่แล้ว +1

    I live in hawaii. Used car dealerships are selling used toyota tacoma or 4 runners for more than the brand new price. Disgusting. I wish there were more honest used car dealers in the world

  • @Simplyput3451
    @Simplyput3451 ปีที่แล้ว +3

    Love Papa Al!

    • @FlyingWheels
      @FlyingWheels ปีที่แล้ว

      He didnt make the final cut :(

  • @will.davlin
    @will.davlin ปีที่แล้ว +5

    we need a prius with 8 inch ground clearance cuz roads are so bad

  • @makindeoye
    @makindeoye ปีที่แล้ว +1

    Congrats Craig

  • @Tony-yn5un
    @Tony-yn5un ปีที่แล้ว

    Awesome Craig

  • @williamwade7059
    @williamwade7059 ปีที่แล้ว +2

    Cool guy, I'm a Subscriber can't wait for Toy season.

  • @kelbale
    @kelbale ปีที่แล้ว +4

    I'm here from Flying Wheels!

  • @ousmanedrame2357
    @ousmanedrame2357 ปีที่แล้ว +1

    One of the best out there

  • @DougCam-ed5tc
    @DougCam-ed5tc ปีที่แล้ว

    Good job Craig

  • @subaruamazon
    @subaruamazon วันที่ผ่านมา

    craig is brilliant

  • @goodybag7301
    @goodybag7301 ปีที่แล้ว

    Wow
    Am a flying wheels subscriber

  • @phemystevens63
    @phemystevens63 ปีที่แล้ว

    Respect !!

  • @chrisojomon
    @chrisojomon ปีที่แล้ว

    Awesome 👌

  • @peterbeeley7209
    @peterbeeley7209 ปีที่แล้ว +3

    Love it

  • @v12smooth82
    @v12smooth82 ปีที่แล้ว

    Great video

  • @YoMateo.
    @YoMateo. ปีที่แล้ว +4

    Who didn’t come from TikTok raise their hands.✋

  • @ThisHeatOnly
    @ThisHeatOnly 10 หลายเดือนก่อน

    Mustang cobra is underrated in terms of chill drives

  • @growthnetics5407
    @growthnetics5407 7 หลายเดือนก่อน +1

    Am I the only one who thinks the numbers aren't adding up? Between the total cars he sold in 2022 vs the monthly expenses? Like 50k per month on expenses seems off.

    • @markgarry7866
      @markgarry7866 13 วันที่ผ่านมา

      50k a month expenses are pretty accurate, I own a dealership. 20 cars 8000-12000 parts expense, transport 4000. Advertising 2200, recon 6000-9000. Payroll 16000. Ins/ 350. Rent 2800, tires, taxes, 6000+-bank and floorplan fees 6000-8000.....++

    • @markgarry7866
      @markgarry7866 13 วันที่ผ่านมา

      Cost of car average 4000-7000

    • @markgarry7866
      @markgarry7866 13 วันที่ผ่านมา

      Leaving him about 12-22000/ months subtract his pay, taxes, and DMV fees

  • @justinlemay5563
    @justinlemay5563 ปีที่แล้ว

    Hey it's Craig 😀

  • @ponifasio
    @ponifasio ปีที่แล้ว

    Let's go Craig!!!

  • @joselastname448
    @joselastname448 ปีที่แล้ว +2

    omg R32 at 5:40

  • @mikemats2858
    @mikemats2858 ปีที่แล้ว +1

    used car business is a tough one !

  • @shaham712
    @shaham712 ปีที่แล้ว

    I was about to scroll down but noticed Craig from flying wheels in the thumbnail.

  • @WTF-sh4is
    @WTF-sh4is ปีที่แล้ว +1

    Woah!! No way!! Congrats Craig on the CNBC feature!! I love the flying wheels TH-cam channel!

  • @iVitaliy1
    @iVitaliy1 ปีที่แล้ว +1

    That’s Craig !!

  • @borlanderobertson5666
    @borlanderobertson5666 ปีที่แล้ว

    Craig's the best Flying Wheels Baybee

  • @TeamSpacePants
    @TeamSpacePants ปีที่แล้ว +2

    I saw an R33, please tell me he has a few of those!

    • @Magicfeet1904
      @Magicfeet1904 ปีที่แล้ว

      There’s a R33? There was a R32 @5:41.

  • @TT-ik3kd
    @TT-ik3kd ปีที่แล้ว +4

    😂 puts one new tire on

  • @gibbonholder3274
    @gibbonholder3274 ปีที่แล้ว +3

    Ras House Music 🎶 Laborie Beach ⛱️ St Lucia

  • @THEDJHD1
    @THEDJHD1 ปีที่แล้ว

    Craig i see ya my boiiii

  • @auro1986
    @auro1986 ปีที่แล้ว +1

    how? cars with internal combustion engine with petrol as the fuel

  • @dizk5283
    @dizk5283 ปีที่แล้ว

    Yooo it's Craig🔥

  • @JonBlondell
    @JonBlondell ปีที่แล้ว +1

    Ya Craig!!

  • @garyfigler5043
    @garyfigler5043 ปีที่แล้ว

    Go Craig!!!!!

  • @zeljkokajic3142
    @zeljkokajic3142 ปีที่แล้ว

    I live in Europe and wach his TH-cam Chanel for 2 years now, I'm waiting for Ferrari flip 400$

  • @imme267
    @imme267 ปีที่แล้ว +5

    What I got from this video - Steps to a successful car dealer:
    1. Go to car auctions
    2. Cold showers
    3. Hustle
    4. Have a rich grandparent that loans you money to start the business

    • @nickvdk11
      @nickvdk11 ปีที่แล้ว +1

      watch the video again and be self critical in your comprehension skills

    • @FlyingWheels
      @FlyingWheels ปีที่แล้ว +2

      All but #4

    • @janicestowell1527
      @janicestowell1527 ปีที่แล้ว

      Grandfather retired auto high school teacher. Get your facts straight

    • @brad2943
      @brad2943 ปีที่แล้ว

      @@FlyingWheels You said grandfather owned gas stations?🤔

  • @christopherstrong880
    @christopherstrong880 ปีที่แล้ว +2

    Just about buy good quality cars!!

    • @DeanBKK
      @DeanBKK ปีที่แล้ว +1

      Did you not listen to anything in the video? At auctions you only get 30 secs to a minute maximum to look at the vehicle and make a decision to bid or not.

  • @cactuswillable
    @cactuswillable 8 วันที่ผ่านมา

    Even new franchised dealerships aren't worth much more than that, and they're many many times larger. Unless those 30 cars are all selling for 6 figures, 3 million is a hugely overinflated figure.

  • @Mist3man4423
    @Mist3man4423 ปีที่แล้ว

    What car do you drive personally?