Auto dealer co-op...to join or not to join???..advice needed.

Discussion in 'Open Discussion' started by Carl59, Feb 6, 2017.

  1. Carl59

    Carl59 Jr. Member

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    hi all,
    Was thinking about joining an co -op or partnership with one of these companies that advertise on the web. Essentially they add you to a dealership as a partner or buyer and you can buy cars at both regular and insurance auctions. Fees range from $200 to $400 per month, depending on whether you want a dealer plate or not.

    Was thinking to supplement my business, when it gets slow, and it does get slow.


    Any advice is appreciated. Not sure if these companies are scams or not.

    Thanks in advance.
     
  2. nickb2

    nickb2 Wrench. I help when I can

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  3. nickb2

    nickb2 Wrench. I help when I can

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    Best to go to auction with your own cash in pocket and that is where the real steal is.:D
     
  4. nickb2

    nickb2 Wrench. I help when I can

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    Then you can make good coin off the books, if you know what I mean.
     
  5. nickb2

    nickb2 Wrench. I help when I can

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    Off your own investment, you double auction price on the resale value and don't need a tag for wholesaler;)
     
  6. nickb2

    nickb2 Wrench. I help when I can

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    No need for a dealer plate if you do this this way
     
  7. nickb2

    nickb2 Wrench. I help when I can

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    Best is don't fall into a miracle contraption, risk your own money cuz the dividends are yours and double when its your cash at the end of year
     
  8. nickb2

    nickb2 Wrench. I help when I can

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