2o6 Flip Car thread!

[2o6]

Not bad.  How many hours worth of work was that for you?

Maybe 2 hours. I outsourced the work, and I paid for a detail. The only work I did myself was the intake manifold gasket, and the oil sender, both of which took an hour. The door handle took ten minutes.


Also, I got utility out if the car since I did drive it to work since I didn't have the Yaris anymore.

[2o6]

Escape - sold


$3200



Profit - $1310

[SVT_Power]

Why the hell do I work at a desk

[2o6]

Hahah yep.



I think I may stick to Escapes now

[AutobahnSHO]

Escape - sold
$3200

Profit - $1310

nice

[2o6]

I just made 2,000 of profit in six weeks. That's more than I make at my job, in the same time span.

[AutobahnSHO]

I just made 2,000 of profit in six weeks. That's more than I make at my job, in the same time span.

how much is that dealer license again?   

[MrH]

I just made 2,000 of profit in six weeks. That's more than I make at my job, in the same time span.

Lol. Columbus is going to have the best running Escapes in the country!

Automotive Escapes LLC.

[2o6]

I bought another car today


2004 Vibe



Owned by a little old lady who put new tires on it and brakes before she gave up her keys. Then the timing chain snapped.


- urchanse price - $700

- new engine $800

- install $500


Kbb value 3900-4500.


Project profit 2k ish

[AutobahnSHO]

I bought another car today

2004 Vibe

Owned by a little old lady who put new tires on it and brakes before she gave up her keys. Then the timing chain snapped.

- urchanse price - $700
- new engine $800
- install $500

Kbb value 3900-4500.

Project profit 2k ish

how do you find motors so cheap? I assume you just care that it lasts a year or so??......

[SVT_Power]

how do you find motors so cheap? I assume you just care that it lasts a year or so??......

I think he only cares it runs half decently when he sells it, forget a year

[2o6]

Junkyard engines will last fine.


Idk what you're talking about

[veeman]

Timing chain snapped...  Do timing chains have to be replaced routinely like timing belts?  My 2007 Sonata has a timing chain and nothing in the maintenance manual says you should replace the timing chain at a certain mileage.

[2o6]

Timing chain snapped...  Do timing chains have to be replaced routinely like timing belts?  My 2007 Sonata has a timing chain and nothing in the maintenance manual says you should replace the timing chain at a certain mileage.

In general, they're majtinence free. But sometimes things like improper maitnence can significantly reduce the life of the chain, which should last the life of the motor.

The timing chain guides on this car are plastic; there are a lot of these cars with well of 250k.



I'm thinking infrequent oil changes probably caused the guides to fail. My Toyota friend says the guides on this car are hydraulic, if it had any sludge in the oil, it could have gummed up a guide then snapped the chain.



Timing chains should last the life of the car.

[ifcar]

In general, they're majtinence free. But sometimes things like improper maitnence can significantly reduce the life of the chain, which should last the life of the motor.

It sounds like it did!

[2o6]

It was owned by an old lady who's husband bought it new for her in 2004 from the Pontiac dealer he owned then sold in 2004. He died shortly after buying this car for her.


She realized she should give up her keys, and tried to get it ready for her grandkids (new tires new brakes). They had it for two weeks and the timing chain broke. And it was too small for them since they had three kids, so they sold it.



I will have literally $2000 in it, and it's worth 4K at least so I should make a hefty profit.

[veeman]

In general, they're majtinence free. But sometimes things like improper maitnence can significantly reduce the life of the chain, which should last the life of the motor.

The timing chain guides on this car are plastic; there are a lot of these cars with well of 250k.



I'm thinking infrequent oil changes probably caused the guides to fail. My Toyota friend says the guides on this car are hydraulic, if it had any sludge in the oil, it could have gummed up a guide then snapped the chain.



Timing chains should last the life of the car.

Thanks!! 

By the way, congratulations on your successful side business. 

[AutobahnSHO]

I will have literally $2000 in it, and it's worth 4K at least so I should make a hefty profit.

Nice!

[2o6]

Vibe runs.



So far


$700 - Purchase Price

$650 - engine

$500 - install


It'll need a $75 detail; the interior smells like old lady and cigarettes. And the headlights could use shined. And the Jesus fish needs removed.


Investment - $1925


KBB Value - $4395 (very good) to $3925 (good)

Profit range - $2470 - 2000


This may be my most profitable flip yet.

[veeman]

For all these years I had no idea what that fish symbol was for.  I seriously thought the owners liked to fish or boat.

[ifcar]

You could just offer the buyer to remove the Jesus fish if they like, but maybe they'd want it anyway!

[mzziaz]

Probably even increases the value of the car a little bit.

Previous CHRISTIAN owner!

[2o6]

Vibe's sold.

$4250.



I just made like $2200.

[Speed_Racer]

Dude, you're killing it.

[veeman]

Sweet!

How much is a used car dealer license again

[AutobahnSHO]

Vibe's sold.

$4250.
I just made like $2200.

[mzziaz]

Vibe's sold.

$4250.



I just made like $2200.

Yay!

Maybe small SUV's are a good niche for flipping.

[2o6]

Yay!

Maybe small SUV's are a good niche for flipping.

The Vibe is a hatchback, though. There's nothing SUV like the Vibe at all, it's literally a Pontiac badged Toyota Matrix, which is a Corolla hatchback.


Same 1.8L, 4-speed automatic, and FWD. 

[ifcar]

These days, black plastic trim and optional all-wheel-drive are enough to make it a crossover. See Mazda CX-3.

[mzziaz]

But, it's.... taller, at least?