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Buying and Selling for a 03 G35

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Old May 26, 2008 | 11:13 AM
  #1  
demog3's Avatar
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Question Buying and Selling for a 03 G35

Yo, yea so i came up witha plan to buy and sell cars to finally get a 03 g35 coupe..the idea is to buy something for less then real value, then sell it for real value, then move on to the next car using the profit, buying it for less then its value then again sellin it for its real value once again gaining profit, i would continue this until i got about 10-12k

i've aleady started..
i have a 99 mitsubishi eclipse, bought for $2,300 selling for $5,500
next, after sellin this one, i will get another car for $5,500-6k and sell it for about $7-9k....and so on until i get to my target gain so i could purchase an 03 g35 that i've been dieing for

basically this is the one plan that i think is master, it heals its own flaws, no way i can lose with out havin some kinda profit, and i have complete control over the target (minus the control over the rate os buyin and sellin), i basically gona get this G for free if the plan goes through, and all i'd pay is insurance, mods, and gas lol

note: another factor in this is that every buyer is different the way im selling these, some buyers dont do research and dont mind the prices they see and other do research and negotiate like any of us on here would..so there are ways i could get them off my hands


any suggestions?, any one done this before to get theres?, sounds like a good plan?, what should be the next car?, whatever...

so hit it up

Demo
 
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Old May 26, 2008 | 01:13 PM
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good luck

as you get into more and more expensive cars, the buyers get smarter and smarter

that's also a LOT of sales tax you're going to be paying.

ehehe
 
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Old May 26, 2008 | 01:43 PM
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i think you can sell 4 cars a year under your own name without paying any taxes on the income. after that you'll need to put em in family member's names. and yeah when you buy them you need the sellers to put a lower price on the bill of sale or else youll be paying a ton of sales tax.
 
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Old May 26, 2008 | 04:30 PM
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ha the cars are registered at all no tag any more when we bought the first one we were handed the title and gave the money but never registered the car so its straight no taxes because its records arent in..so dont worry about that

but besides does the plan sound plausable and has any one done it before lol
 
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Old May 26, 2008 | 04:32 PM
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Originally Posted by Mike@RiversideInfiniti
good luck

as you get into more and more expensive cars, the buyers get smarter and smarter

ehehe

this is tru but there are alot of people out there so who knows and i can most likely get help sellin the more expensive ones as i go, ya know
 
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Old May 26, 2008 | 05:47 PM
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good luck with the economy as it is but maybe it'll work out !
 
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Old May 26, 2008 | 07:04 PM
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Originally Posted by Sbeck
good luck with the economy as it is but maybe it'll work out !

very tru...lol

thanx tho
 
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