If you are interested in making money by repairing wrecked or totaled cars there are a few things that you’ll want to be aware of before you start looking for repairable salvage cars for sale. This video offers a guide for making money with salvage cars. Consider the tips below.
What type of car should you buy for your first salvage rebuild?
For your first rebuild flip, you’ll want to stick to old and cheap. This minimizes the risk that you are taking on your initial try.
What is the year range that is most profitable?
Cars that are only three to five years old tend not to be very profitable because they are often priced the highest to purchase.
What kind of mileage should you be looking for?
The lower or better is of course ideal — you want to keep in mind that the competition can be fierce so you want to give your rebuild the best chance at resale.
What type of vehicle will make the most profit?
There are a wide variety of vehicles that can be great for a rebuild flip, but it can be especially profitable to find your niche and stick to it.