Buying and Selling Used Cars for Profit eBook Review

Does The Lazy Way To Buy And Sell Used Cars For Profit Guide Really Work or Is it a Rip-off?

Here is a Review of Stephen Hobbs’s Program:

There are a limited number of businesses one can launch that are recession-proof, but the used car business is one of them. Even when the economy is in the crapper, it is achievable to maintain a solid, healthy income in this time tested business. People will always need automobiles, and given the super fast rate at which new cars lose their worth, used motor vehicles are always an attractive alternative.

Business owners have been monetizing the buying and selling of used cars since the earliest days of the motor vehicle. The used car industry is a readymade with a high demand for economical, dependable transportation. When undertaking business on your own, doesn’t it make sense to choose a specialized niche where the product you are selling is always sought after? Don’t you want a business that will not go under at the slightest economic recession?

Getting Started in the Used Car Industry

The clear answer to these questions is yes. In Stephen Hobb’s book he goes over the various benefits of getting involved in the used car business, and continues to describe in detail the best ways to get started in the business and ensure that you prosper. The book is called The Lazy Way to Buy and Sell Cars for Profit, and as the name suggests, it details a method that is not only rewarding, but is also quite easy to use.Buy and Sell Used Cars eBook

Stephen’s book tells it to readers straight, and rejects many of the prominent myths about the used car business. Many entrepreneurs avoid the car business because they think it:

  • Is pricey to get into
  • Calls for a dealer’s license
  • Is an unethical business to get into

The Truth About the Used Car Business

You can get started here in this used car business with a marginal financial investment, and use the funds you make from each sale to grow your operation. All you’re doing in the beginning is buying a car for a really good price and selling it for a higher one.

You don’t actually require a dealer’s license to get started either which is something that alot of people think. You can lawfully take off without one, and Hobbs goes into details explaining how you can have all the benefits of a dealer’s license without actually getting one. It is completely up to you which way to go from here, and the book will give you the benefits and drawbacks of both options.

Used car dealers have been stereotyped as creeps who are looking to dupe their customers, but there is nothing inherent in the used car business that is dishonest. If you choose to be, you can easily be an ethical and honest used car salesman.

Indispensable Skills

Hobbs will teach you every little thing you should know about dealing with sellers of used car or trucks, and getting the best deals. The art of negotiation is stressed in the guide, as it is a skill you will need to have in this business. The eBook also covers how you can look for and select the most profitable vehicles for resale, and how you can avoid the seemingly appealing options that will usually end up costing you too much money. This is all knowledge you will need to become successful here in this business.

8 Reasons People Sell Cars and Trucks for Less Than They Are Worth

If you’re wondering why people buy and sell cars for less money than they’re worth, we have compiled a list of 8 reasons why people sell for less.

1) Seller Doesn’t Realize that the Vehicle is Worth More

If a seller doesn’t know how to price a used car which is something that your average person doesn’t know, then they will usually throw out some kind of asking price. This asking price is usually based upon a guess therefore the seller doesn’t know if it’s under or over priced.

2) Seller Knows Vehicle is Worth More But They Simply Do Not Care

This may sound silly for something who is looking to make money but some people don’t have the time to worry about the money that will make with selling a car. Many people lead busy lives and cherish what little free time they have with friends and family. Some car sellers don’t want to spend their entire weekend answering text messages/phone calls and showing their car just to make a couple hundred bucks extra. These type of individuals sell the car fast and cheap just to get the experience over with so they can enjoy the rest of their weekend.Buy and Sell Used Cars

3) Seller Thinks The Car Needs Major Repairs When It Actually Doesn’t

Your average person is not a car mechanic. I’ve bought loads of used cars for less than what the sellers could have sold them for because the seller assumed their car or truck needed major repairs. These repairs really weren’t major repairs and the sellers overreacted and unloaded the car cheap. Their thought process was “Wow I better dump this heap now before it breaks down and won’t be worth anything at all!”.

4) The Seller is Desperate for Cash

Sometimes there is simply a desperate need for cash. I don’t know about you, but I’ve faced situations in life where I really really needed cash fast. I had bills to pay and I needed the money right away. Sometimes the only way to get out of a tricky money situation is to sell something big quick and cheap, and sometimes the item being sold happens to be the family car.

5) Seller Knows Car Requires Minor/Major Repairs and is Too Honest

Some individuals are very honest. They know their vehicle needs repairs and they already know they will have to sell it for a reduced price. They may start by offering an already low price and can be talked down to selling the car at an even lower price which means more money for you.

6) Sellers Tries to Hide the Fact That The Car Needs Repairs

The seller trying to hide the fact that the car needs repairs is a problem for some people however this is not a problem when you learn how to tell the difference between inexpensive and expensive repairs.Used Cars Sales Guide

7) The Seller Isn’t Very Smart

You could probably argue that most of these reasons are due to a lack of intelligence however it isn’t your fault that people don’t do research before listing their automobile. While you may feel like you’re taking advantage of some sellers, you shouldn’t feel bad. There are many ways to check online as to what your vehicle should be sold for.

8) Seller’s Car or Truck is Stolen and Seller Will Disappear

The seller can be a con artist and can try to scam you for your hard earned cash. This tricky situation is something you can easily learn how to avoid.

If you are looking for more info on buying and selling cars to make money, check out the Lazy Way to Buy and Sell Cars for Profit Guide today!