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turnitdown
 
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Default Possible to making money in spare time buying cars and selling them

You don't say how old you are, but if you are over 30, then most likely you
do not have the natural talent for buying and selling cars. I say this
because if you did have this ability, you would have recognized it long ago
and would not be asking these questions. If you are a competent, but slow
mechanic, then you would be better off to do repair work for family and
aquaintences ( but be firm about getting paid for your work.) If your work
is good you will soon have all you can handle through referrals. I started
at age 15 by borrowing 35.00 from my Dad to buy a 53 Mercury which I sold
the next day for 75.00- this was in the day when my Dad - a machinist earned
100.00 per week. It took some begging and whining to get the 35.00, but
after that first deal he never questioned me if I asked for a short term
loan. I knew other guys who tried it, but they often fell victim to the
tendency to fall in love with a car and not want to sell it at a reasonable
profit- or spend way too much fixing it up and ending up losing money on the
deal.
"Don" wrote in message
m...
I would like to find a side income where I could work at my own pace.
I am building a garage pole barn 24 x 30 and thought about buying cars
that had something mechanically wrong with them, fix them in my spare
time and selling them.

Others have suggested I should just rpair cars but I work during the
day and I am admittantly slow. I just thought It would be something I
could work at my own pace.

Any advice?