Business tips on buying and selling used cars

Used Car Buying - In the world of business, the business of buying and selling used cars is quite popular because it promises big profits. In fact, many people are interested in this used car business for various reasons. Besides being used as a hobby and a hobby of collecting antique cars, and selling or buying used cars is also a good solution for consumers.

capital of Used Cars
One of the consumers who have bought a used car will surely admit if they feel interested in buying a used car because the price of the car is quite affordable.
Maybe that is just one example of the many people who are consumers of used car buying and selling services so far. And this is what makes this Used Car Buying and Selling Business run and quite promising for the perpetrators.
Many people leave work or retirees who prefer a used car business, starting from 1 unit or 2 units at home.
Like other business ventures that have a big chance, the used car business always has an up and down season. Usually the level of sales of the vehicle will be quiet when the school's new school season arrives, while the offer level is more.

Used Car Buying and Selling Opportunities

Types of Business Opportunities Buying and selling used cars is quite promising. But still there are minus pluses. Let's discuss both positive and negative sides.

Negative Point of Used Car Buying and Selling Business

• The capital is big. For example, the cheapest used car price is Rp. 20 million. Though the average price of cars that are sought after by people between 80 and above 100 million.
• You must understand 200% of the condition of the car. Which car is still original, where the car has been put together or repainted. Which car has a collision, the engine is still good and the like. False when choosing a car, then you can be sure you will lose when selling it
• Need good networking to get good stuff. Because the core of this business is when "buy it", not sell it. Or in other words profit in buying and selling used cars is when "buying".

Positive Point of Used Car Buying and Selling Business

• Because the capital is large, there aren't many players. Then your movements are still easier.
• The profit margin is big. Selling with a net profit of 1 million is already quite small!
• If you are already proficient, the rotation of a used car (buy and sell again) can be very fast, 1-2 days.
• The risk of loss is small, just a matter of patience and technical ability that must be mastered immediately.

Business Success Tips for Buying Used Cars in Strategic Places

Used car business is one business opportunity that has very good prospects, especially if you do it in a strategic place.

• The first supporting factor is that the Indonesian people assume that a car is one of the important needs to have.
• The next factor is that the regulation of car ownership by the government greatly benefits car owners, among others because the tax is quite cheap.
• The next factor is because mass transportation or public transportation is still considered not good enough, so most people choose to have their own car to travel rather than having to use public transportation.

Meanwhile, there are also several factors that make buying and selling used cars or buying and selling damaged cars can be an attractive alternative business choice.

• The first factor is that people have a tendency to follow the latest fads and get bored easily. So those who have money usually resell their cars to buy them again with newer models. Thus, entrepreneurs will have no trouble finding stock of used cars and consumers who always want to update their mounts.
• In addition, used cars are an option because the price is more affordable for most people.
• Then how is a strategic place for a used car business?

Strategic Place for Used Car Businesses

There are several criteria that make a place very strategic for buying and selling used cars and buying and selling damaged cars.

• The first criterion is a crowded place, where many people from all walks of life often walk around.
• Furthermore, the place must be spacious and it would be better if you have land for testing vehicles. The place you use can be indoor or outdoor.

But usually outdoor land is often a more efficient choice. What is clear is that a large space will allow visitors to see the condition of the car freely and the car testing ground is very useful to convince visitors of the performance of used cars that you sell.

Using Other People's Strategic Places

If you do not have your own strategic place for the business of buying and selling used cars, that does not mean you cannot immediately run a selling business
Using Other People's Strategic Places
If you do not have your own strategic place for buying and selling used cars, that does not mean you cannot immediately run a business buying and selling used cars. You can use other people's strategic places to promote your used car. For example, working with a car workshop that already has many customers. Put your car in the workshop with a certain division agreement agreed upon by you and the workshop owner if the car is successfully sold.
In addition to many people who will see your merchandise, the workshop manager can also convince consumers about the condition of the car. so you don't need to set up funds that are too large to rent your own strategic place.

Business tips on buying and selling used cars / Buying and selling damaged cars

1. Sufficient capital
As explained earlier that used cars are not cheap goods, it requires sufficient and quite large capital to open this business.
2. Knowledge
The following, of course, in-depth knowledge about automotive, is required so that when you want to buy a used car for the stock of cars that you will sell later, you know about the condition of the car, from the outside to the detailed parts.
3. Believers
If in the second point you give up / don't really understand automotive, you can recruit trust people to check, this also aims when your business develops, of course, requires more than one employee to check so that the work can be done more quickly.
4. Mechanics
After getting the trusted person you need next is a mechanic on duty so that used cars that are sold are repaired first if they encounter damaged or imperfect parts.
5. Complete data & conditions
Completeness of important data / letters of the car available and the condition of a good car to avoid complaints from customer dissatisfaction.
6. Clear information
Give an explanation and clear information about the car you are selling, try to get customers to consult about what car they want and you know what you have to offer to prospective buyers.
7. Proof of surrender
Make proof of submission if there is an agreement in a sale-purchase transaction signed by the buyer, seller and witness and affixed a stamp, this is intended if at any time a dispute occurs.
Some tips for those of you who want to open a used car business and a broken car, hopefully the above tips provide useful information so that you become more prepared in entrepreneurship.