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@snipergosh This is very helpful, thank you! I think I can confidently answer only half of those if that, so I certainly I have some work to do.

@exjwstudent Yes, I agree with that as well. If I were to expand, I would look into newer and lower mileage cars. It’s safer and better for the customer as well, but I would need to see how financing affects my numbers and if it’s still profitable. There are a lot of newer cars on the platform...

@exjwstudent Everything I rent out I make sure is solid, I do not want to be the slumlord of cars. I inspect and repair everything the same way we did when I worked at the dealer, except I don’t have to argue with my service advisor/customer about what should be done so that is nice. The...

@pj76 No friends to contribute cars but I have had family offer to give me some money, although they are a demanding bunch so I have been on the fence about it. As for leveraging your fleet to get loans, I think that’s what all of these 20+ vehicle hosts are doing. There are a few guys in my...

@andyprays That would be the safe way to go I agree. Unless I find a good financing option that makes sense I might just have to go the slow and steady route. As for where I find the cars, mostly auto auctions. 90% of the stuff I look at is hot garbage dumped by the local used car dealer. I...

Hello everyone, I wanted to share a bit about my new business and also get your thoughts on improvement. I am an ex automotive tech, I worked at a dealership for several years before branching off on my own. I started off by doing fix and flips but the margins can be thin if you try and do any...