How to Make Money Exporting Cars for Profit
Currently there exists a market which remains somewhat untapped, and, better yet, absolutely primed for taking advantage of. And, to someone with a little experience in the locating and procurement of surplus automobiles, especially, this market carries with it a rather heightened promise for sizable, potential profits. Although, such experience, while greatly beneficial, is not an absolute requirement in order to get into the very lucrative game of exporting cars for profit.
The automobile market in the United States is quite soft at the moment. Those with inventories of automobiles, looking to turn them over, are motivated to move their stock quickly, as the assurance of future sales occurring quickly, and with regularity, is not at all solid given the current market climate. This, of course, translates into a buyer’s market. Those looking to move their vehicle stock are willing to make bigger and better deals in order to clear their inventory.
At the same time that this buyer’s market is occurring in the U.S., a number of foreign markets — mostly in Asia and Europe — are currently experiencing a very strong seller’s market in the automobile trade industry. A number of Asian economies, for example, are booming. As such, many Asian people are gaining new wealth and financial independence, and these people are looking to spend their new wealth. There is, therefore, currently, a high demand for American automobiles in a number of Asian, and other, markets. And, what’s even better, the supply of American automobiles in those markets is currently somewhat limited — especially for in-demand models, like older model American muscle cars, and American made SUVs and pick-up trucks.
Such types of vehicles are practically impossible to find in those markets — yet, there is no shortage of buyers waiting to pounce, and pay top dollar, to acquire any such vehicle that becomes available for sale in those markets — pretty much the very moment one does come up for sale. Over there, it truly is a seller’s market.
So, it shouldn’t take an advanced business degree from Harvard to realize that a buyer’s market here, plus a seller’s market over there, equals the potential for exceedingly healthy profits for anyone with ready access to this buyer’s market that’s looking to make money exporting cars to that seller’s market. Automobiles that are assured to sell quickly, even at top-dollar in those markets can be obtained easily in this market for a fraction of what they can be sold for in certain foreign, overseas markets. All you need is to know where to get these vehicles for resale in the foreign markets, and how to go about exporting them for trade — arranging and conducting shipping/transportation, etc.
Imagine acquiring quality vehicles in the U.S. or Canada at auction, as we’ve detailed on this site in previous articles, for a fraction of what they can be re-sold for even in the American or Canadian markets, but, instead of re-selling them here for a healthy profit, you actually exported them for sale in another market where common prices paid for such automobiles were far, far higher?
There truly is an exceptionally exciting opportunity that has arisen from the current state of the competing auto-trade markets in various countries. And, just about anyone, really, can tap into it and begin making what could very well be exceedingly huge profits exporting cars to these foreign markets. All that is required to begin is an understanding of the exporting process and how to properly engage in it and work it one’s benefit.
One would, of course, need to familiarize themselves with the legalities involved in exporting automobiles for trade to such foreign markets. But, such technicalities are not all that difficult. For example, generally, and contrary to what many people seem to think, no special exporting licenses are required for exporting used automobiles out of the country — although, depending on the destination market, certain import licensing requirements may need to be in place. However, if one knows exactly how to find and work with the proper importing agents in these foreign markets, then acquiring the necessary licensing is not at all difficult — these foreign agents will usually take care, themselves, of all of the legalities required by the government of the destination market.
There is no doubt that there currently exists the potential for truly astounding profits in the vehicle export trade. And, all that is required to tap into this potentially lucrative field is just a small amount of knowledge regarding the specific technicalities of the business. Imagine yourself buying up surplus vehicle stock from auction lists for pennies on the dollar, then getting on the phone and arranging transport of your newly obtained vehicle to an overseas foreign market, to be received at the dock by your foreign market import agent, who will then proceed to put your vehicle on the market in the foreign country — sometimes for as much as the equivalent of five times, or more, than what you obtained it for, in US dollars.
The business of exporting cars to foreign markets can be not only highly, highly profitable, but also extremely fun, exciting, and rewarding. So, how does one learn of the technicalities and legalities involved in such a practice? There’s plenty of information freely available on the Internet to get you started, and studying such should prove adequate to provide you with a basic familiarity of what’s involved. And, we’ll tackle more of the in-depth specifics in an upcoming article here on SurplusBusiness.Com. But, if you really want to jump into the nuts and bolts of it all, learn exactly everything you need to know to try your hand in the business of exporting cars for profit, and get started as quickly a possible, I highly, highly recommend Don Massey’s incredible learning guide for exporting cars for profit — you can click here to check it out for yourself.
If you have any questions, comments or concerns, please feel free to make use of the comment box provided below, and I’ll do my best to respond as time permits. And, please remember to bookmark us here at SurplusBusiness.Com and keep checking back on a regular basis!
Best of luck and success to you!