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Author
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Topic: Can you make money flipping Mustangs?
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adower
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Member # 5955
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posted
 
 
Does anyone here flip mustangs and make some good side cash? I am talking about buying cheap fox bodies, fixing them up and re-selling. If so can I send you a PM.
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98 Cobra
Griggs
S Trim
HRE
Posts: 3327 | Registered: Aug 2005
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90GT510
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Member # 9199
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posted
thats exactly what i was thinking.
Posts: 1725 | From: East Bay/Dallas, TX | Registered: May 2009
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Blu50Stang
CAFords OG
Member # 489
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posted
Flipping is possible, but nothing's a sure thing. Sometimes's you'll win, sometimes you'll lose.
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Ross
'88 GT - 5.0&SF 4/04 | MM&FF 8/09 | MM&FF 79-93 Mustang Performance Cover 12/12
'17 GT350R
Posts: 1916 | From: Not CA | Registered: Oct 2001
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Sydewayz 24/7
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Member # 8725
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posted
i started doin that when i was 15 and tryin to get back into it i made some good little money doin it to
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Stayin Sydeways
Posts: 772 | From: Hayward | Registered: Nov 2008
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adower
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Member # 5955
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posted
quote:
Originally posted by Blu50Stang:
Flipping is possible, but nothing's a sure thing. Sometimes's you'll win, sometimes you'll lose.
No doubt. I'm not trying to do anything extravagant. Just buy a 1500$ non running car and get it running sell for $3000 type thing.
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98 Cobra
Griggs
S Trim
HRE
Posts: 3327 | Registered: Aug 2005
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SydeWaySix
CAFords OG
Member # 3596
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posted
I dont know about Mustangs because you'll probably end up putting too much money into it before you sell it.
Motorcycles on the other hand, YES! I did this on and off for about 3 years. I got to have fun on the bikes, then dump them for profit ![[Big Grin]](biggrin.gif) I basically made my way up from a $600 bike and ended up with an $8000 bike, which in turn was sold to fund my saleen, the 95 cobra, and finally my current 95 GTS ![[Wink]](wink.gif)
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2013 Boss 302 #356. Performance White. Stock.
1965 Fastback GT Restored to stock spec.
Posts: 9882 | From: Bay Area | Registered: Dec 2002
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wilit
Mustang Messiah
Member # 3367
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posted
Back in the late 80's and early 90's when VW bugs were pretty popular, my dad used to flip them. He'd buy a straight non-runner for $500 and sell it for $1500. Did that quite often. You gotta be careful though cause now the DMV requires you to have a sales license if you sell more than 6 or 8 vehicles in a year.
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"If a man hasn't found something worth dying for, he isn't fit to live." - Martin Luther King Jr.
Posts: 4793 | From: 37.78514° North 122.40100° West | Registered: Oct 2003
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JOEFOX87
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Member # 8331
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posted
We should have a California Fords store.
Dustin will take the pics, Jae Jae tests the car and N8 will make the websites. If anyone pisses us off we got FR5.0 as bodyguard.
Posts: 824 | From: Union City, California | Registered: Apr 2008
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Mr.Lucky
CAFords OG
Member # 1772
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posted
Lmfao and ill provide current jobsites pouring concrete ![[patriot]](graemlins/patriot.gif) lol go figure someone of Italian background with family from Chicago working for a large concrete company lol!
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95GT: Bolt ons.
Good sellers/buyers: Stangs R Us, 1SicGt, sn4bwc, racsirx, WickedStang, Autumnstang97, cali95gt
Posts: 4197 | From: Manteca | Registered: Sep 2002
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JOEFOX87
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Member # 8331
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posted
and I would say Fasthatch is our mechanic but don't want him to get all riled up. Oh, guess I said it. So it's either grab the popcorn or "in before the lock",
P.S. just kidding Fasthatch, you know ur my boy.
Posts: 824 | From: Union City, California | Registered: Apr 2008
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BIGBALLFACTOR
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Member # 7277
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posted
flipping mustang is a hit a miss now a days you want to make money flipping cars find cheap 4cly cars the profit margin is high on those
Posts: 6908 | From: okc | Registered: Dec 2006
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racsirx
CAFords OG
Member # 1710
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posted
I did it for years and made really good cash, but I dont think the Market for Mustangs is there anymore, it ended about 2 years ago in my opinion. People just dont have the cash to have a Mustang these days, cost too much to keep, gas savers are the Market now.
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88 Saleen #564
88 GT 331 NOVI2000
88 Coupe TURBO 9.75@142
95 Cobra R #75-SOLD
06 F250
13 BMW AH3
17 GT350 #5556
GOD'S NOT DEAD
Posts: 20750 | From: Concord & Pittsburg, CA | Registered: Aug 2002
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Duncan Motors
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Member # 7045
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posted
the market for mustangs might suck because of the economy, but it has came and went at least 3 times for me, this being the forth. and to make money takes a good pick of the car u ori purchase, and a whole stock pile of parts in your inventory, to keep cost down. but yes there always money if u dont rush
Posts: 6310 | From: Vallejo | Registered: Sep 2006
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04cobra408
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Member # 4025
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posted
My dad has flipped a bunch of cars. And hes made some great money off of it.He made 5k on a 69 maroa few yrs ago. that shit was hard too. Wish he would have kept that one. But theres the one or two that just turned into moneys pits. so just stay away from the money pit ones and yeah theres money to be made! He flipped a few impala's, roadrunners, stangs, camaro's. all usually 60's cars but he's flipped a fox aswell.a nice 85 4 eye too.
heres a few pics of the cars he's made great money on
 
this one was my bro's he sold it for like 15k and maybe put in 7k
I sold this one for 1k more than i bought it for 
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Willie Guzman
RIP lil brother
11-23-12
Juan Moya
"The King Cobra"
11/16/81 - 8/20/05
Posts: 1945 | From: san jose ca | Registered: Jan 2004
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5.t0es
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Member # 5864
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posted
whats the max limit w/o a license?
Posts: 2990 | From: eb | Registered: Jul 2005
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Wolfie351
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Member # 651
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posted
Be sure to estimate just how much time you'll be putting into it. You could make $1000 on one sale, but if you put a week or two of work into it, you may be only making $6 an hour.
Posts: 1214 | From: South Bay | Registered: Dec 2001
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STANGBOY
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Member # 7868
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posted
this is wat i do for a living lol but sometimes you lose money too
yall will never beleive what i paid for my 1986 notchback or my 1988 notchback i had even ma sonic gt
i made like 2000 dollars of a car that was for sale here in ca fords a long ass time ago it was an x chp had a 306 with full bolt ons it needed hella interior work thoo i paid 1200 and sold it for 2900
o also bought a 1992 camaro for 1400 that all it had was clogged cats and didnt stay on cause of that i gutted the cats and sold it for 3000
but you can also lose alot of money too
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1986 mustang notchback
she's good from far but far from good
Posts: 2510 | From: SAN JOSE | Registered: Aug 2007
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73 on DUBS
Car thief associate!
Member # 5677
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posted
theres money to be made but u gotta pick and choose wats gonna sell and wat aint. fix and sell something thats worth it cant put money into a bucket and expect to make some profit. you gotta be smart about it
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you r not ready!!!! -H$$-
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Juan Moralas aka Julienn Morales aka 73 on DUBS accompliced by his brother Ben Moralas aka Benjamin Moralas aka bnmrls aka benmorales94025@yahoo.com of Menlo Park (408)431-3020 / (650)271-2509 pictured here is a member of the East Palo Alto car theft ring called High Speed Specialist aka HSS aka H$$ which has loose Norteño gang ties. Be suspect of Ben Morales / Juan Morales and their EPA criminal H$$ affiliates. They've been spotted at various car shows, 7th street, and Sacramento Raceway.
This thief affiliated High Speed Specialists group is **NOT** related to the legit drag racing group under the same name out of Oakland.
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STOLEN Mustang SALEEN FOUND AT "73 ON DUBS" FAMILY'S HOUSE
Known Car Thieves: BEWARE
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Posts: 672 | From: da LO | Registered: May 2005
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quickblue302
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Member # 7912
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posted
quote:
Originally posted by STANGBOY:
this is wat i do for a living lol but sometimes you lose money too
yall will never beleive what i paid for my 1986 notchback or my 1988 notchback i had even ma sonic gt
i made like 2000 dollars of a car that was for sale here in ca fords a long ass time ago it was an x chp had a 306 with full bolt ons it needed hella interior work thoo i paid 1200 and sold it for 2900
o also bought a 1992 camaro for 1400 that all it had was clogged cats and didnt stay on cause of that i gutted the cats and sold it for 3000
but you can also lose alot of money too
HAHAHA fuckn stangboy you just shot your self in the foot. you prob got that 4 eye for what 4,500 to 5,500 and your trying to get 8k ![[Roll Eyes]](rolleyes.gif) ![[Eek!]](eek.gif)
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Eat rice it's good for you!
Posts: 624 | From: sac | Registered: Sep 2007
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svt306snake
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Member # 1967
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posted
do it all the time and make great money. key is to stay in a range where you know it will sell. i want to move lots of cars not and try to make money off of one.
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F*** TPS MOTORSPORTS F *** TPS MOTORSPORTS THEY SUCK ASS
TEAM TRUE FORGED X 2 SPONSORED
CAPITAL MUSTANG C.C.
Posts: 5841 | From: SACRAMENTO "916" YA KNOW | Registered: Oct 2002
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Maxoctane
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Member # 1466
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posted
quote:
Originally posted by 5.0-srt-4:
whats the max limit w/o a license?
Technically, 1. I flipped cars for a living for about 2 years and am well aware of the MYTH that DMV allows you to sell 4-6-8 or however many cars per year. Without a dealer license the limit is 1. Any more than that and they can flag your DL and cars registered in your name. Not saying they do, but they can.
That said, there are ways around this. If you buy a car and do not transfer title (car owner signs front of pink but you do not fill out the back) then your name isn't listed in the transaction. Simply have the person that buys the car from you fill out the title transfer. While the DMV frowns on this practice (because they miss out on 1 part of the transfer tax) it happens all the time every day.
As a gearhead I was always looking out for foxes, LT-1s and muscle cars to flip. But I always wound up sitting on them for weeks at a time and making little money. As others have mentioned here, I also always made my best profit and quickest sales on little four cylinder commuters and mini vans.
Hope this helps.
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www.maxcarauto.com
BUY/SELL/TRADE/FINANCE
Posts: 332 | From: Martinez | Registered: Jun 2002
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STANGBOY
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Member # 7868
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posted
quote:
Originally posted by quickblue302:
quote:
Originally posted by STANGBOY:
this is wat i do for a living lol but sometimes you lose money too
yall will never beleive what i paid for my 1986 notchback or my 1988 notchback i had even ma sonic gt
i made like 2000 dollars of a car that was for sale here in ca fords a long ass time ago it was an x chp had a 306 with full bolt ons it needed hella interior work thoo i paid 1200 and sold it for 2900
o also bought a 1992 camaro for 1400 that all it had was clogged cats and didnt stay on cause of that i gutted the cats and sold it for 3000
but you can also lose alot of money too
HAHAHA fuckn stangboy you just shot your self in the foot. you prob got that 4 eye for what 4,500 to 5,500 and your trying to get 8k
actually i found out you will never sell nothing over 3000 on cafords a long time so i dont care if they think i got it for 2000 ![[Razz]](tongue.gif) or wat ever
and i understand im not gonna sell that bucket coupe here lol
all i kno is craigslist is a great place lol
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1986 mustang notchback
she's good from far but far from good
Posts: 2510 | From: SAN JOSE | Registered: Aug 2007
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AL STOCK
Its All Stock
Cuzzon
Member # 1852
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posted
quote:
Originally posted by racsirx:
I did it for years and made really good cash, but I dont think the Market for Mustangs is there anymore, it ended about 2 years ago in my opinion. People just dont have the cash to have a Mustang these days, cost too much to keep, gas savers are the Market now.
^^ This guy knows what he is talking about ![[Whoo Whooooo!]](graemlins/woowoo.gif) ![[worship]](graemlins/worship.gif)
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.:: FANATICS ::.
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Posts: 6498 | From: San Bruno | Registered: Sep 2002
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