Do you make money by selling used cars? I think many people want to know the answer to this question, because everyone is surrounded by friends who are more or less engaged in the second-hand car industry, and some people have made a fortune by buying and selling second-hand cars. What's more, they have created a wealth myth of earning a suite every year. In order to change their current situation, they naturally want to engage in the second-hand car industry in the past or start their own second-hand car business, so this article will tell you how much profit margin there is for second-hand cars, so that everyone can make a better decision whether to buy and sell second-hand cars.

How big is the profit margin of second-hand cars

This thing is not very easy to say. The profit margin of each car dealer is very different. Some unscrupulous car dealers buy some bubble cars and accident cars at a low price, and then dare to sell them at a high price after some preparation. This kind of return rate is naturally high, but I dare to conclude that business will not last long, because trust in the second-hand car industry is priceless. As long as someone comes to you once, basically no one will ask you to buy a car and want to get rid of it.

Although the profit margin of the above method is large, I don't recommend you to take this road, because you can still make money by being a conscientious car dealer with a clear conscience. As far as the current market situation is concerned, the profit margin of used cars is around 11% under normal circumstances, which fluctuates according to the sales difficulty of the models. Although it may be slower to make money, it will grow slowly, because over time you will have certain influence and authority, and consumers will be more interested in coming to you.

Do you make money by selling second-hand cars?

First of all, selling second-hand cars is sure to make money, which is why so many people flock to this industry. But not everyone can make money by selling second-hand cars, because to become a qualified second-hand car dealer, you need to have many things, such as professional vehicle evaluation skills, to avoid collecting faulty cars such as soaking cars and accident cars when collecting cars; Or holding the certificate of used car appraiser issued by the Automobile Dealers Chamber of Commerce of the All-China Federation of Industry and Commerce, when you are questioned by customers, you can issue a vehicle appraisal report with legal effect, and holding the certificate will make you establish a professional and authoritative image in front of consumers; Finally, it is necessary to have certain contacts and start-up funds, because the used car industry is more like a river and lake.

many people think it's not easy to do second-hand car business. Isn't it just collecting cars and then selling them? If you really think so, then I think you are not far from losing money. From the real situation of the market, most used car dealers are used car appraisers at first, and only after accumulating certain experience, funds and contacts can they begin to transform and buy used cars!

This article comes from the author of Chejia, car home, and does not represent car home's standpoint.