Yes sir 😁

I know Im kinda randomly asking but does anyone know a good place to watch newly released series online?

@Merrick Nash i use FlixZone. You can find it by googling =)

@Jordan Orion yup, been watching on Flixzone for months myself =)

@Jordan Orion thanks, I went there and it seems like a nice service :) I appreciate it !!

Thanks 😊

Mate you are a god sent.

So true. I always tell people stick to what you know build your niche

I appreciate that!

thanks I appreciate it :)

Thanks for subbing!

Thank you for the Awesome comment 😁👍

Thank you Korey for the kind word. I appreciate it Good luck to you as well on youtube. Looking forward to all the great content you and I will make 😁👍

Thanks and welcome to the family 😁👍

Thanks I appreciate it 😁

you are right

Well Texas is the best state to do buy here pay here my advice would be by at least 10 cars and two of those every month try to sell buy here pay here to start building your portfolio something that you could buy for thousand and $1500 if you get $1000 down to at least get your mostly out of the vehicle it’ll be hard in the beginning but once you start getting those $300 a month payments or $150 every two weeks that snowball will grow by the time you’re 35 you’ll have $2 million in profoilo and you’ll be making about $75k-100k in monthly payments. Depending at where you’re at in Texas you actually have the ability to own the property you’re on and if you’re on your property you can get special loans that will give you a little bit of capital to start your buy here pay here as well

My first few years I worked every single day now that I’m a little more established I always take Sunday off for football and beer 🍺 🏈

Thanks for watching!

Thank you so much 😁

Thanks 😁👍

Thanks brother 😁👍

@@LuckyLopez777 Hey brother I have been watching a bunch of your vids great content!! It's got me thinking about a series you could do. If you're interested let me know the best way to get in touch with you to see if we could colab on this. Happy New year talk to later🤙🤙

@@eric7173 always open to Ideas 💡

Yes Sir

It might be a while. But I love Houston. Might open up a dealership there soon

Team Vegas

Thanks. Happy you watched our videos. Please subscribe 😁👍

Thank you for taking the time to write an awesome comment 😁👍

Thanks 😁👍

Thanks

Thanks Matt. :)

Thank you very much!

My email is in the description if you want to contact me ask for your questions I can do a one hour consultation over zoom or a phone call. Lucky@automotivelife.com

To get started it’s not a bad thing so you can save overhead but in the long run I would definitely get an office most states don’t allowed anymore because of all the fraud that’s been going on with the people that just kind of user licenses like that. I’m sure their Are some states that still allow that also some states allow a brokers license where you don’t need a lot you just need a small office and you run your car through dealerships in the auction

Thanks 😁👍

I’m more of a price person than a Miles person the car could’ve 200,000 miles but if I can get a cheap enough and still sell it and make a decent profit I’ll go for it but usually if I tell people if they’re starting out flipping cars try to stay under like 130,000 miles just to kind of limit your major repairs and you have an easier time selling them

Doing consignment is a good low-cost way to get started you just have to make sure that the dealership is not having any financial problems because at any time the flooring company could take those cars and you have to go to court to get ownership back. But I would definitely test the waters see if you like it and then open up a small dealership

Then maybe you shouldn't be buying cars from a tow yard Duh 😂

The CRM inside dealer center is probably the best you can track everybody extremely easy you can send out texts emails phone calls you can categorize people definitely sign up for that and try it out

@@LuckyLopez777 what do you use for building and presenting a menu? That’s the only part of the business I’m missing. Never been in finance, always sales.

@@jc802413 I have one that I prsonaly made. but. Depening on your DMS the have plug ins for menus if you would like to sell other products. I would call ur DMS company and ask them

@@LuckyLopez777 thanks for the reply. I took your recommendation in another video and signed up for dealercenter. I asked my rep how to build a menu in DC and he had no idea what I was talking about. I’m already signed up with GWC warranties within dealercenter. Just don’t have a way to build different packages/levels and print it and show it to the customer.

@@jc802413 That’s one of the downfalls when it comes to each of these companies they have their own portals and a lot of them or not compatible with some of the menu companies there’s a whole bunch if you look online just put DMS menus and you can login but the downfall is sometimes the information gets a little mixed up

A lot of dealerships Pay referral fees only upon the sale of a vehicle I’ve seen him as low as $150 and as much as $1000 depending on vehicles

@@LuckyLopez777 Thanks! I assume that a conversation with the GSM?

@@KenSDCA I would start with the sales guys there more approachable then you work with either the finance manager or the sales manager a lot of small independent stores are a lot easier to get to and the more anxious to get customers so you may get better deals working with independent stores with referrals

If you wind up being a auto broker you just need an office to work out of a small insurance policy and a bond if you want to sell to the general public then you’re going to need a dealer license Which is a lot more money but if you live in a rule area it’ll be much cheaper to get a dealers license

Yessss

Stupidity is at an all-time high at the auction dealers are complaining about not selling cars while they’re overpaying for car still there is a large back log of repos. Most auctions are holding him and only releasing a few at the time in order not to flood the market that will crash the prices depending on what state you’re in the prices should correct around February which dealers are probably hype it up again for tax season and still continue to overpaying

You just have to make sure all titles are signed. Correct. Always get a bill of sale as back up and always take a pic of there drivers license and phone number.

I would pay a tow truck company to lean it. Most will charge you money and you may lose the car if there is a lien holder or the old owner comes and gets it

flipping cars as a person. there is a limit. as a wholesaler or dealer there is not

@@LuckyLopez777 makes sense thank you

😁👍

Unfortunately there’s no exact formula every market is different it really depends on how cheap you buy your cars because even though gas is going up my fastest seller if I get the most calls on our trucks and SUVs by far

@@LuckyLopez777 so SUV's like Jeep Wranglers outsell Civics when gas is $4/ gallon?

@@joesmith9483 to be honest there’s some people that really don’t care about gas prices I remember when gas was five dollars a gallon and we were selling Hummers like crazy lol

That is our main clientele are people with no SSN numbers we take I TINs Passports But now day the franchise stores can do the same financing

@@LuckyLopez777 thanks these couple day I been watching you videos learn more things than others you tube guys

@@cesarChavez-dr4dk Thanks I appreciate it. I try to share as much stuff about the dealership/ automotive world as I can 😁👍

offer up and FB marktet place. is how i do pricing for cars under 9k

@@LuckyLopez777 But on ebay the bidding tells you what people are willing to pay

@@danf8721 It depends because trucks if you’re in the Midwest they’re cheaper but if you’re in Las Vegas trucks go for stupid amounts of money so if you press your car to low you’re gonna miss out on that you go for what the local markets going to pay because you may see somebody one over pay for something special but in your local market they may not so that’s why I always go off of your local market now if it’s something that you plan on putting on eBay only you can go that route but I try to use local numbers

There are a lot of good third-party applications that are doing online auctions for public as well as dealers only I currently started using ACV But there are a lot of pros and cons to these sites one big one is you have somebody that makes eight bucks an hour taking pictures of the cars not putting down what’s really wrong with them and you’re buying of site on scene I like to go touch cars in person and physically see them that’s why I prefer Manhime Adesa AAA and Copart

you can if you enjoy i and make money. but if you want to flip a lot of cars get a dealers or wholesale license

I love you ❤️

There’s a National Dealer is association but you have to pay for it so far the only one is this KZfaq channel LOL

Do it :)

Not $1k haha I would like a 5-8% return after my expenses for the year.

@@bleachforlife I’m making a video now I drove the car for almost 2 years and I made about $20,000 after I sold it

100%

Yesss

You can. but I would get a dealers license so you can sell more cars. do finance and have access to auctions

😁👍

In some states you can get a dealers license for very inexpensive I would never use a service where you get a deal license out of state or you’re paying to be underneath somebody else’s dealers license you don’t wanna have any type of legality issues easiest way is to go down to your local DMV and they will give you the steps on how to get your dealers license it’s fairly easy if you click on my videos I have one of how to get your dealers license it goes through everything

@@LuckyLopez777 thank I been watching all your video since day one u started the channel

@@frankienieves5124 thank you so much for the support we truly appreciate it. 😁👍

Yessss

No