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Ive bought and sold over 500 vehicles at various car auctions since 2002. Police auctions, Bank-repo auctions and State & Local Government auctions are all fantastic places to buy cars at wholesale prices. Like anything, however, not every car at these auctions is a winner waiting to be purchased for pennies on the dollar. Finding the best deals at the best auctions takes a little research. But, the fact remains, youll never find a better deal on a used car anywhere else.
Why are Auctions...
How I Made $100k At Car Auctions
In 2002 I had no money but needed a new car badly. I spent months researching car auctions and eventually found a few in my area. I bought a 1997 Jeep Cherokee with 90k miles for $4500. There was an almost identical model on ebay with a starting bid of $10k. Then I saw the opportunity to make some money from this venture
So a month later I bought a 1999 Impala with 40k miles for $4,300 and sold it 2 weeks later on Craigslist for $7,900. After that I was hooked. Now Im flipping over 10 cars a...
How I Got A Government Grant
In 2005, I started looking for a grant program to buy a small business. People told me that it was impossible but I was determined to at least give it a try so I began researching...
Almost 18 months later - I got $200,000 (totally free) and $100,000 zero interest loan to purchase a bankrupt restaurant in my town. The Government gave me money for free. Just to buy a business.
I was one of only 3 people to apply. It was a lot of work and I got a good lesson in what NOT to do...but in the end I...
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