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Is Car Flipping for Profit on the Decline?

Posted Mar-10-14 at 12:00 AM By Jackie

The popular Barrett-Jackson automotive auctions are the flashy end result of the business of flipping cars. While buying used vehicles for a low price, fixing them, and selling for a profit has always been around, there is a renewed interest due to shows like Fast N Loud and Counting Cars. Pre-Great Recession, car flipping was a decent way to make cash as a side business, or even a full time source of employment for a few adventurous souls. The trick was to find a vehicle that needed minimal wo [...more]

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Posted in: News Tags: car flipping flipping a car for profit selling a car