- Safety and Mechanical Integrity First - Be Wary of Scammers and Shady Deals - Document Your Expenses and Stay Within Budget - Marketing and Presentation Matter - Speed is Key - Learn from Experience

Take this like for the 118 degrees

you just gave out life advice for every profession. Start small. Be persistent. Every no can become a yes. Wonderful life lessons, Lucky

Been trying to figure out how to get a way into a career with cars that’s reasonable and doable and honestly this is a great guide for a fairly inexpensive entry to see if it’s something I’d actually like to do or not and could open many future avenues. Appreciate the grind.

Lucky great work man. So honest that’s hard to find these days. Car guy here love the content. Keep up the good work brother.

Exactly how I was trained in from a guy who had an independent dealership. You words were exactly what he said. And he proved it to me. Great video!!!

As a fellow Vegas local and having been in the auto industry, I'm not even looking for a vehicle but appreciate the info you provide. As you know, it is hot as heck here. Stay cool and hydrate!

You are a very talented communicator Lucky! I saw you on Wealthion and have become a big fan of your channel! Great work!

You are a true hustler; very inspirational!

My favorite car to flip back in the day was Corollas ...id buy 03-05s for $800-$1000 and sell for $2500+ same day after a full detail head light polish and sometimes Oil change..new $8 floor mats. Now those same cars are selling for 4 grand!

Great informative KZfaq Channel, Thank you Lucky

Great Video Lucky...Thank You.

So you have a wholesale license then with a repair facility essentially so you’re not limited to what you can and can’t buy? You’re not selling direct to consumer? I’m between class b and class w! I love your high volume model at $750-1k / car. That’s what I aim for, 10-15 cars a month direct to consumer, but if a wholesale license makes more sense from a zoning standpoint, I’ll go that route.. “You can’t replace a customer, you can always replace a car.” Love it bro. I aspire to do exactly what you’re doing! Located in southwest MI. Keep it up and thank you for the unmatched value!

All good info, even for just buying a used car for personal use.

Great advice. Cheers from Australia!

It's a lovely business. Lucky, you had some great tips in this vid, probably the best video you have done in a while

Thank you for keeping it real with the viewers I flip classic cars and that market is real niche

Thank you Lucky, always looking forward to getting advice from you weekly.

Great info Lucky, yep yep and yep! I do all the above. Glad ya didn't stroke out, Crazy heat, broke a record in Sacramento yesterday, 109, Yuck! okay, carry on......

May the Lord bless ur generosity Lucky. Most ppl would give this info through a charged e course. This is pure wisdom. Im not even a car guy! Its all fascinating to me

Great video Lucky , I wanted to comment early into your video but waited until the end and you said what I wanted to. If you want to get into the business go work for a dealership and learn from them.🧐

It is so hot here 🔥🔥🔥 Loved this video. I hope I can find a few to detail and flip.

LMFAO you said homelss gang bang! Thanks man I needed a good laugh. Having been a silent partner in a failed tote the note car lot you just gave a ton of good advice.

Thank you from Vegas

Thank you, Lucky. Very useful info as always.

Might want to start with the fact that it's illegal in every state to buy cars with the intent to sell them for profit without a dealer's license. You can sell cars for profit, but not if it was your intent on purchase.

While I have no interest being a car dealer. Kudos to lucky for giving well thought out and timely information to help rookie dealers tilt the odds of success in their favor.

Great video

Sounds like you are right by North Las Vegas. Good advice!

👍👍 Good info. I miss Vegas and Banshees in them small dunes and trails by Nellis. Sounds like all truth to me on what your doing....you laid it out for reals. Im not even gonna try it😅 I do know cars and can fix them, but I will stick with plumbing. I do pretty good. Keep it up, Im still watching. Thanks

Valuable information

Awesome video ... now I know why I can't score a cheap beater for myself on Craigslist lol

Great video! I was wondering, How do you get a wholesale license in the state of Nevada?

Ohh yesss ! This WILL be mine ..😅

Thank you Lucky!

your content is amazing, I started flipping cars that were not mine, people contact me with cars that they wanted to sale but they don't have time to do it themselves so I detailed the cars and posted on Facebook, got a 20% commission out of each sale, I saved that money and got my first car from a city auction, 2014 Ford explorer police interceptor, fixed at my pace and listed on Facebook, the car got sold 3 days after and I made 50% profit, now I'm going to reinvest the money, targeting to get 2 cars this time. you inspire me! Thanks a lot

GREAT info! Thanks Lucky

Lucky going back to the basics! 👍

How are you estimating what they will sell for at auction? Are you using a base model car and using the low end of MMR as a goal? Thanks.

Been selling cars flipping since 2012 great business I bought nothing over 2005 for 5yeaars starting off but then moved to nothing above 2010 currently I am a mechanic it helps 🛠 but its money to be made

Me and my friend are making hand over fist in cash, I’m a master of sales and marketing and he’s a master at mechanic work. He finds the deals, fixes, then, I sell them, and we split it evenly

If I may ask what can a minimum I can make being a buyer for a dealer or just flipping in general

Thank you so much for the value!

Hey lucky how do you go about the title transfer? Should I put everything on my name? How does that works?

I have been flipping cars on the side while I sustain a full-time job as a manager for one of the local wireless companies. After losing lots of money, buying the wrong cars and about three years of learning on my own the hard way. I can finally see improvement on how I choose my cars and finally have been able to make some profit on them. After 22 years in the wireless industry being diagnosed with anxiety and high blood pressure, dealing with customers, I decided to go all in to flipping cars. My big question to you. I was looking to get a brokers license, but I may just get a wholesale license. I like the idea of buying a few cars fixing them and put them back in to the auction for a quick profit on each. Will I need a broker license or a wholesale license to accomplish this? Or do you suggest having both. In this case what type of auctions will I be able to place these fixed up nice cars once I fix them to make any profit on them. Locally I have Copart but usually they sell junk cars and I’m afraid I’ll end up losing money there. to finalize I just want to tell you thank you very much for the Video. You couldn’t make this any better for someone that is trying to learn the business. Thank you again!

Lucky. Thank you for doing this

I need to learn more bro before i start this flipping business

I feel “Lucky” watching this 😊

Always drop 🔥

Good info. Im a mechanic by trade with a truck a one car hauler and some money to invest. Im trying to figure out how to work for myself. I keep hearing you mention mobile mechanic license. How do i know the value of cars i want to buy or does that just come with experience?

Hi I watch all your videos just got my dealers license in houston Texas just have a small office and 5 spots I want to do wholesale but I feel like dealers don’t like buying from small dealerships at the auction any recommendations thanks

Don't stroke out Lucky, I appreciate you.👊

I sell cars and i'm currently thinking about this.

Is it better to buy a car from a independent owner? Or auction? And what would be the mileage cutoff?

My favorite saying on OfferUp listings is “No low balls!” 😂😂

An incredible amount of very valuable information, being given for free.

Texas doesn’t have a mobile mechanic license. Is that the same thing as the sales tax certificate?

How about sticking to one type of cheap cars like Toyota or Hyundai for example

You can’t flip without being a dealer over time. You might be able to flip a CL deal but the path is to become a retail dealer

What would you recommend someone do when they got less than $1000 saved as a first step towards buying and selling cars? Should i get licensed first and an office with insurance? I just was thinking what point is it to build a relationship when you cant even sell the car if you get one

Am I able to book a coaching call/hour with you? I just relocated back to Phoenix, all ready to go. Long time dealer tech and lots of experience in the business. My plan: wholesale to dealers at auctions

The problem with California is you legally can’t sell more than one car for profit unless you have a dealer license.

No need to apologize for the sound of freedom! 🇺🇸

I'd love to get into a car auction, but dealer only, and the rules to get a license, the states make it hard on purpose

Thanks for the insightful video once once again. When the market falls, do you find that salvage vehicle prices rise as well?

What would be the best way to sell other people’s (dealers) cars ? And the the commissions

Gracias López

What a wonderful video. So much great information regarding making money flipping cars. Just wondering 💭, is it difficult selling cars in a very hot 🥵 area? I live in Paso Robles, California and it gets into the triple digits here and I hate hot 🥵 cars. Thank you for an awesome informative video. Blessings, Carlos ✝️🙏❤️🇺🇸

Hey lucky quick question i just recently got my wholesaler license here in Arizona. Do you ever recommend purchasing cars from the dealer auction that are needing work? I havent bought anything yet i was planning to sell at auction.

The curbstoner in me says sssshhhh😂. But yeah I made good money from a minivan with trash falling out when you opened the doors. Took out the carpet, powerwashed it. 2k profit. Also folks, don't take pictures at the car wash so your car looks shiny lol.

If someone was that wrong about carvana, can he be trusted for anything car related?

I bought dealer auction cars using a small Mom and Pop dealer's license of a friend of mine for 25 years. I had another job that took me out of the country so I wasn't doing volume, but it worked great. I did something that NOBODY is talking about, I put the cars in MY name, paid sales tax 8% and got a regular tag. You might think that is CRAZY but when you have cars you bought right, you can spend 10% registering it. ALL this W/O me getting a dealers license. I'll spend 10% any day to avoid spending all that $$ for a dealers license. When searching for cars on places like CL, I always put in values like $200-800 to see what pops up, you NEVER KNOW and that beats going through thousands of ads. Work the value up slowly into your max value you want to spend. In today's market I question if it's a good time to get into this full time, things are pretty shaky, not to mention car insurance is out of sight

Good video but there are a couple things that you missed: one paying taxes on the car (before you have a company) and the length of time it takes to get the title after buying it. In NYS you need a lot to get a dealer's license too. What parts are you looking for on the Subaru, maybe I can help. Thumbs up for not "stroking out". :)

Hey Lucky, you want that Lamborgini, you want that Maserati, You want to live fancy in the Hollywood Hills, Gone in 60 seconds. Its too hot to sell cars.

Im about to try and sell my personal 2012 Escape with 155k soon. Its good shape. See how it goes.

Here is some advice that I was given from an Old crusty car dealer when I first got into the business 31 years ago. He said Son you want to know how to make a small fortune in the car business, I said yes , He said start with a large one 🤯

Liked! Well deserved

What of you wait long to sell

Most important thing is to have cash!!! Lots of it to cover your cost of living + to buy cars then need to wait time to sell cars! Need cash 🎉 otherwise its working scheme 100%

Do painting cara increase their value?

Is hard if not impossible to find a car per day I do it but 1 car a week 1-2 k profit something 3-4-5k when I get a cheap deal but finding cars this days is hard they are expensive! I only buy clean tittle And no old cars 4K plus cars Under that they are mostly a risk to have unknown issues unless you are a mechanic!

Gereat video Lucy!!! How do you buy and sell cars without delaers license? Here in wa state limit is a 4/year if you dont have license. Thanks again!

Hey lucky I always appreciate the content I recently opened up a used car dealership in Las Vegas, and I’m having trouble getting customers in, I haven’t been taking pictures in a nicer location, which now I will do, I keep my cars clean. I was wondering if you have any advice for me, I only have 10 cars right now we got our temporary license already, and I have been struggling to get cars sold, more so getting customers in. Any words would be appreciated. Thank you.

Smashed Like preemptively!

How do you do it with test driving the car? Do you transfer the title to your name? Do you add insurance and get a 30 day temporary tag? Thanks lucky

If you take pictures in front of graffiti for commercial/advertising purposes keep in mind that you are legally financially obligated to pay any artist who's work is shown for using their artwork. Usually you will never hear from the artist but if you are contacted by them or their legal team you will be financially responsible for the licensing.

I can attest to FB marketplace. I sold a non running older Lexus for a few thousand in less than 2 hours.

Here comes the exit liquidity

I crazy how you mentioned mobile mechanic now they dont like being called mechanics not necessarily the mobile guys but in general the shop guys like being called techs

Do you buy the cars to be Cost of Car+Recon=500-1k under MMR so you end up selling at MMR at auction?

How do you do this, but in the auctions? I have access with my uncle, not sure where to start.

Lol “ if I stroke out” At least get some likes

It would be a dream to start selling cars 😭

Howdy partner 😃

Thanks for giving away so many secrets!

Bro, do you even lift?

Great, now i have to worry about shoe kids beating me to a listing

how does titling work when you flip cars and you're not a registered dealer? do you just not sign the title and pass it on?

👍🏼👍🏼👍🏼

So basically buy $10,000 cars for $3500. Really the biggest issue is all the $10,000 cars out there are being sold for no less than $12,000. Forget about finding them for $3500.