Fixing and flipping bikes?
So I have been looking on Craigslist lately for good deals on parts bikes or otherwise, and I have seen lots of 2007 and up Chinese scooters for sale in the $200-$300 range that say "It won't start, don't know why."
I was thinking that as long as the bike seemed solid and the motor wasn't locked up it might be a good investment to grab up a cheap bike, fix it, and flip it. Any thoughts on the subject? I see running scoots used on Craigslist for anywhere from $600 on up. Buy it for $200, fix whats broke (or clean the carb and set the valves most likely lol) and turn around and sell it for $500 or so and make a couple hundred bucks. Sound plausible? I am already becoming known around my town as the guy with (no legs and) a really fast scoot, and I have been asked to work on other peoples bikes. (mostly right now the people who lost their MVL to DUI or whatever and are riding 49cc scoots lol) I already have a shop dedicated to working on my own bike, I can't imagine it would be a stretch to make some cash flipping bikes. Thoughts? Smoak |
I don't see why not but, most of what i see in my area have been laid down and need some plastic or more......... or mysteriously can't find the title. Garage sales might be a better bet.
|
Oh, I have seen several that were advertized as "lost the key, no title" which just screams out stolen to me.
I don't mind scratched up plastic.. Body filler and fresh paint can fix that no problem! |
Thinking about flipping my little Hyosung. I paid $400 for it not running, (prices are ridiculously inflated here in this city) if I can get $800-$1000 for it, I'll flip it and get a BWS, then mod the BWS to my liking and be done with it.
|
I am looking to do that myself, so I think that's a great idea. Problem is that craigslist by me typically has 2008 non-working 150s for a thousand or more!!!!
|
Quote:
|
You must know your competition before investing in scooter flipping. In my area, a new Chinese 50cc scoot can be had for $700 +tt&l and a new 150cc for $1000 +tt&l. It is tough to compete with that.
I have known of some people doing well flipping quads. |
Quote:
Locally, competition shouldn't be a problem. |
Quote:
I made REAL good money flipping older motorcycles when in N.H. Here I don't have the connections for parts or the reputation that I had there & I'm to old to establish a reputation here!:taunt: Irish P.S. I used to combine the good "old" parts & build a completely newer bike! Also you would not believe what people will pay for used "good" electrical parts!:yay: |
All times are GMT -4. The time now is 12:53 AM. |
Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.