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![]() Enthusiast ![]() ![]() ![]() ![]() ![]() Joined May 15, '05 From Toronto Currently Offline Reputation: 4 (100%) ![]() |
As some of you might remember, one of my good friends runs an importing company with his brothers. They import cars from japan of every make and model thats 15 years old or older. Any ways, today i went back to my old work where i used to do tires. I needed to get some new rubbers, so i was talking with the owner, really nice guy. Any ways, some how we got onto the topic of cars from japan and importing them. I told him my friend imported cars from japan that are both right and left hand drive *depending on car's manufactutere*. So we started talking and he says to me, "you know, ive been working a hell of alot lately and ive been thinkin of startin to take some time off and buyin my self a nice little car to run around in. Somethin thats nice and quick and reliable, and probably a drop top. Do you think your friend could import me a 500SL??" So i wrote down the specs he wanted, every thing regarding the car and then asked him "well...how much do you wanna spend on one??" so he kinda looks at me for a second and goes "well...i wanna spend about as much as i can for one that i could buy in florida, or a bit less...so im gonna sayy...maybe between...i dunno...$11-18K??"...so i was kinda taken back and said, ok..well ill let my friend know. Sure enough, i call him about 10 min later and he tells me he can import one for around $7.5-9K his cost, but he said if i wanna sell it as my car, i could get a bit more out of it. So Mikey *friend who imports* said, so if i get this car landed, i get my cut, and my money back for the car, you could make about 3-6K on this car. AKA i buy the car from mikey for his cost + about $600, then sell it for another $3-6K ontop. Essentialy take a car that is bought for less than 7K and turn it into a car thats sold for $13K. So in september, im gettin the deposit for the car, bringing one over and by Feb, i should have a quick $3-6K in my pocket. Not bad for just needing to get tires eh?? I seriously wish i could run into more deals like this.
I just needed to tell some one..im kinda excited..lol |
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![]() Enthusiast ![]() ![]() ![]() ![]() ![]() Joined May 15, '05 From Toronto Currently Offline Reputation: 4 (100%) ![]() |
QUOTE(Rayme @ Jul 20, 2007 - 8:32 PM) [snapback]580693[/snapback] you just said what car sellers do...buy for cheap and sell for more, lol! You can get jdm MR2's for under 10 000$ from importers. and if you check on autotrader.ca they are all 12 000$+ from dealers. Its fierce competition and a very small market. exactly. Im essentialy gettin my cut for setting the deal up. Its what any and every car dealership does. If you walk in with a 1999 Chev Cavalier, they will probably give u $2500 for it, then you will drive by a week later seeing your old car up for sale for $6K...its like stocks, buy low, sell high. Skylines are the biggest rip offs in the used car market right now for importing. Most of the guys who are sellin em are sellin em for at least $13K for a GTR, but probably bought the car for $7 if that. Im just being the middle man and taking my cut off it. Im not screwing him over, im not being shady, im just doing what any car sales men would do. |
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