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buy a really bad car and modify it with a paint job a new body and nos
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∙ 14y ago
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How does arsenal make a profit?
they first pull or buy world class youth's and then sell them in a profit.
How do you make money using drugs on gangster paradise?
Its easy you just buy the drugs from a cheap city then travel to another and sell them for profit. Depending on where you buy and sell them from is how much profit you make.
Is there a limit on the number of used cars you can sell without requiring an okla dealer's license?
If you buy and sell even 1 car for profit you need a dealers license. If you are selling a car and are not selling it for profit you do not need a dealers license. In essence this means if you sell your own car you will not make a profit so you do not need a license.
How many cars can you sell in one year in California without a dealers license?
Not even 1 if you intent is to sell the vehicle to make a profit. But if you are selling a vehicle you have bought, put in your name, and been driving for years then you are not going to make a profit on it so it is legal to sell. Go out and buy a vehicle and turn around and sell it at a profit and then you need a used car dealers license. It is all about your intent.
Do you have to claim the sale of a vehicle as income?
Normally you never make a profit on a car you buy and sell years later. Depreation will take care of that. However if you are buying and selling cars for profit, then yes the net profit is considered earned income. Not the selling price but the net profit.
What is the best manner in which to learn how to buy and sell cars?
There are several resources to learn how to buy and sell cars. Some sources such as How to Buy and Sell Cars and What Smart Car Buyers Do are dedicated to learning how to buy and sell cars. Othe rsites such as the DMV and Wiki How have several articles dedicated on how to buy and sell cars.
How many cars can you sell?
Buy: You can BUY as many cars as you have in your budget. Sell: You can SELL as many cars as you wish.(Amount may vary.)
How do you make a business selling cars?
First you get a dealers license and abide by all the state regulations as a dealer. Then you buy cars from a wholesale auction at a price much lower than the car will sell for. Place the car on your lot and hope that someone will buy it. Hopefully you will not have to repair the car you bought and will in the end make a profit.
What does it mean to buy and sell for a profit?
Buy mean purchase and sell for profit means give to someone for more than you had purchase.
What does making a profit mean?
when you buy something for you to sell, make sure that the price of the product you'll sell will be more than the original price
How many used cars can you sell without a license in KY?
Legally, in Ky if you sell even 1 car for profit you are considered a dealer and need a license. In other words if you buy a car and are doing so for the express purpose of selling it for profit you are a dealer. If you were to sell a car you had owned for awhile and made a profit on the sale then you are not a dealer. It is all about intent.
How Islamic bank make profit?
Islamic Banks make a profit by buying and selling at a profit. for ex: If you want to buy a car, a regular bank will give you a car loan and you will use that money to buy a car. You will repay the money as monthly installments along with interest, to the bank. An Islamic Bank will buy the car and then sell it to you for a higher price thereby making a profit.
