Can You Make Money At Public Car Auctions?
Posted by Goody on 03/17/08 in Automotive
Many people go to public car auctions (the ones you don’t need a Dealer license for … anyone can go) in order to get a good deal on their next car. But the fact is that these auctions provide serious income possibilities as well.
While there are many older, higher mileage vehicles at these auctions that I personally am not particularly interested in, there’s almost always some hidden “gems” as well that are ideal for reselling. Profits on these sorts of vehicles are usually in the $1,000 to $3,000 range.
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