Table of Contents
How can I make money with my old car?
8 Ways to Make Money From Your Old Beater Car
- Sell a working used car.
- Offer extras with a working used car.
- Don’t go overboard sprucing up your car.
- Take extra care if you advertise the car for sale.
- Remove and sell easy-to-access parts from junker cars.
- Sell the rest for scrap metal.
- Sell it to parts pickers.
- Flip a junker.
How can I sell my classic car fast?
Marketing and Advertising Techniques to Sell Classic Cars
- Advertising Online. Advertising online is a great way to sell your classic car.
- Print Advertising. Most classic car magazines offer classified advertising.
- Auction Houses and Brokers.
- Relying on Old Information.
- Crafting Your Advertisements in Haste.
How much does Hemmings charge to sell a car?
We charge a five percent buyer’s fee on all successful auctions, with a minimum fee of $500. With any sale that tops $200,000, the buyer’s fee is capped at $10,000. In the interest of transparency, before you hit the submit button on a bid, you will see your total cost, including the Hemmings fees—no surprises.
How do you market a classic car?
Can you make money buying and selling classic cars?
Buying and selling classic cars for a profit is nothing new; my husband and I did this for 20 years. There are two ways to make money from buying classic cars: either buy them and keep them for years, hoping they will increase in value, or buy and sell for a quick profit. The latter is now called “flipping.”
How can I promote my classic car business?
Many people will never have the opportunity to ride in a classic car. You could offer rides at school and community events. You would have to either split what you make with the promoters or pay them a flat fee to be there. Many community groups are always looking for something different to include in their annual events.
How can I rent out my classic car?
Contact film companies; if your classic is original looking, they may be interested in using it. They may opt to rent it by the day, week, or month, depending on their schedule. If you are observant when watching films, often you’ll see the same car used time and time again—the company like owners who are accommodating.
Where can I advertise my classic car for sale?
Place “classic car wanted” advertisements in local papers and on notice boards. People with classic and vintage cars frequently check the “for sale” section just to see what their car is worth. These ads will reach an audience who are local to you.