Bloke buys car on Facebook marketplace for £200 and sells it for £1,400
A savvy entrepreneur - who is on a mission to flip a load of cheap cars for £100,000 in profit - has revealed how he managed to flip a £200 car for a whopping £1,400.
Rams has gone viral for showing viewers on TikTok how to unconventionally earn a nice profit on Facebook market place.
In one of his latest videos, Rams revealed how he managed to pick up a Nissan Micra for just £200.
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“Before I picked up the car, I ran a history check on VehicleScore to determine its worth,” he explained.
The score on the listing was 85 and was listed as 'really bad' on the page.
But Rams had other ideas, saying: “The reason I ended up going for it is because it had a perfect yearly mileage!”
However, after collecting the car and leaving outside his home, he returned to find that someone had 'smashed the window in'.
“On top of that, there was already a problem with this car - it just wouldn’t go into gear,” he added.
After having a look online, he picked up a used car window on eBay and got it repaired at a workshop.
“Mechanic Aaron was already there replacing the clutch, the new clutch was £65 from euro carparts," he said.
“He fitted the new window in for free. And he only charged me £130 for the clutch.
“I had insurance for the day so I decided to stop at the car wash on the way home.”
A quick hoover of the carpets was the last job on his list before a test drive, which proved to be a successful one.
Rams then decided to list the car for sale at £1,600.
He said: “The car had a lot of interest, but nothing solid in the first day as everyone was trying to undercut me…”
So, it cost him £200 for the car, £13 for insurance, a clutch kit for £65 and £130 for the mechanic.
He also got: “2x recovery truck £90, window £35, T-Cup polish £12, road tax £20, fuel £30, car wash £10.”
After selling the car for a compromised £1,400, his total profit was a clean £795.
Commenting on the viral video, one person said: "Nice flip bro smashed it in the end with the window," as another person dubbed him as 'King flipper'.
Someone else said: “What on earth you find these types of car on FACEBOOK?????”
While a fourth added: “Bro be flipping cars like coins.”
Anish Vij