I want 2 know if there is someone preferably in Europe interested in making money by selling car. I figured that since cars in Africa are so stoopid expensive I can form a partnership with someone based in Europe. They will look for cars under 3000 pounds in mint condition and when they get here, I re-sell with a 50percent markup and split the profit. Trust me, if anyone in Europe is serious about making money, contact me so that we can setup the partnership. People here in Africa are really hungry for cars like Mercedes Benz C class, VW Golf 4-5, VW GTi, BMWs, etc... I'm not sure about the shipping costs but those are details we can work on when we get in touch. Scam artists are not welcomed.
Well as someone that wanted to do the same thing let me tell you this taxes , taxes and taxes . Shipping taxes and government taxes will murder any profit you can dream off .
I know one has to consider those taxes. Thats why I want to find out how it is done. I know for a fact that the 2nd hand vehicle market is good and booming especially amongst young professionals looking to buy their first cars.professionals looking to buy their first cars.
Think of doing something else, try IT business related. The business you are trying to do is on a very large scale and you will have to put up a lot of money up front before you see cash flowing in..
nice idea, but there are some countries in Africa that ban old cars import. so i guess you need to check your gov laws and texas
Don`t dream about making a lot of money of this because as ApocalypseXL have said there are a lot of taxes that will increase very much the price and finally you won`t get nothing or just a little bit. I have tried to do the same thing, buy cars in Germany and sell them in Romania and Spain but with all the taxes I didn`t won too much so it`s not proffitable.Plus if you aren`t carefully you could loose very easily a lot of money.