LogFAQs > #934743142

Like I said, not everyone can do it, or it wouldn't work.

As far mobile homes, finding auctions is a gift, they happen, but it's hard to find em. You CAN buy low and sell high in every field though (even cars, without auctions).

I bought a 2012 Cherysler Town and Country mini van for $900 from someone who got it because they were owed money and they guy had no other way to pay. It's worth $3500-$5000. I had it fully checked out by a mechanic (I used to be able to do it myself but it's been too long) before purchasing it). This was not from an auction but from Facebook marketplace.

That was a GREAT deal, but there are tons of good ones where you can buy something low, and sell it high. Auctionn though are common near any major cities. Even if you have to drive a bit to get near that city, it can be worth the time, since the profit is large.

Auto-dealers/used car lots go to them all the time, that is who you compete against ....BUT ...they have about a $1000 mark up, due to having the lot etc, so they have to buy the cars for less basically. You can, usually, out bid them and still get a great deal.

Car insurance is based on the cost of the car (value), driving record etc, you shouldn't have to pay more then $50 unless you have a nice car (parents gave it to you or something) or your making payments on a car etc (already a bad idea if your making near min wage).

You can get a good, reliable car for $1k-3k, and the insurance on it is pretty cheap on them usually.

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