Is it worth buying an accidented car

[chinyoti]

so ure tring to say the guys actualy loosing a straight 1 Million on the car. y was the initial investment done any way is to acha tha he would have scrapd the car.

[enerlevel]

actually something similar has been up in america as well. only over there is illegal and over here its llegal.

i know a guy who used to pick up cars from insurance companies and also snatched cars and then mix the parts around and complete one whole car and sell it. after he was caught , he was jailed for sometime.

but in pakistan its illegal. u can go to shairsha and get a nose or end cut and then just swap the parts to complete one whole car. this is a big business in pakistan the bigger the car the more profit

[portage1]

thats what I do on side, I buy wreck cars from Insurense companies... If its worth $25.000......I buy it for $5000...... get it repaired at my shop ....I invest around 3 to 5 thousand max in them and turn around and sell it for $13,000 to $15,000 all day long, Rember these cars are fully loaded with very very extremely low miles and no problem with drive train...... and I only buy high end cars and Japs cars........Now this Market is flooded over here, we have lots of Middle Easterens , Vietnamese and Russian has got in to this business....I started this 10 years ago made good good money....now the fun is gone

[toofast]

Only if you buy cheap and get it fixed cheap.

[enerlevel]

i know a guy who brought accident cars and fixed it . he is now selling new shape corolla for 11lakhs 20 thousand . and new shape city for 11 lakhs. if interested message bak.

[chinyoti]

^dats wat i was tryin to say no body wud sell in loss, obviusly less then market, but of more then wat costed him.