View Single Post
  #6  
Old 08-27-2006, 06:38 PM
D Rock D Rock is offline
Senior Member
 
Join Date: Apr 2005
Posts: 212
Thanks: 0
Thanked 0 Times in 0 Posts
Default

Quote:
Originally Posted by camcojb
Even doing your own work you cannot turn out a quality car for $25K. Not even close. You'll spend $15K-$20K for the car, and you have no idea what shape it's in until you strip it. You'll have every bit of $50K in it (probably more) so there will be no profit selling it @ $50K.


Jody
I tend to disagree. Many people that "flip" cars tend to just do exterior and only stuff you can see don't repair things as they should have been. With doing this they save quite a bit of money and many buyers will pay more than what the car is worth.(can't see rust, etc.) However if you take a camaro, strip it down and replace every part such as how you tend to build them(very nice by the way)you will have upwards for 50K in it.
Reply With Quote