08-02-2017, 04:48 PM
Btw Taylor, flipping cars for extra income is a false economy. You might as well flip burgers for the amount of time, expense and lost income from investing it.
I don't buy cars to flip, I buy to enjoy. The difference is I try to avoid anything I can't sell 2-3 years down the line for breaking even before personal property taxes and insurance. Buying the LR gave me a heartache but every other thing my wife wanted (cue every small SUV) had the same hard depreciation. If I'm going to lose my ass I might as well enjoy it.
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I don't buy cars to flip, I buy to enjoy. The difference is I try to avoid anything I can't sell 2-3 years down the line for breaking even before personal property taxes and insurance. Buying the LR gave me a heartache but every other thing my wife wanted (cue every small SUV) had the same hard depreciation. If I'm going to lose my ass I might as well enjoy it.
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2020 Ford Raptor
2009 Z06
1986.5 Porsche 928S
2009 Z06
1986.5 Porsche 928S
