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  • Writer's pictureEkene Uchenu

Can I Flip Cars For A Living?

You've probably heard of flipping houses, but did you know you can also flip cars? For someone with a mind for business and a passion for cars, flipping cars can be a great way to make some extra money while working with something you love.

WHAT IS CAR FLIPPING?

Similar to real estate, car flipping is the process of buying a used car at a low price with the express intention of selling it quickly for a higher price. Both sides of the transaction — the buying and the selling — are usually done privately and not through a dealership.

Flipping cars is legal, although most states have limits on how many used cars you can flip or resell in a year without applying for a dealership license.

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