Why I sold my New Duramax in less than 24 Hours! Flipping $400 to a Ferrari
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- čas přidán 7. 09. 2024
- I loved my 2020 CHevy Silverado LTZ 2500 Duramax Diesel but here is why I sold it in less than 24 hours.
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Into the AM Clothing
We don't care it took longer than a year! It's been super fun to watch you grow and get better and better at videos. Hope you do another flip series for something else, or some smaller flip series after this one!!
Hell extend this one to a Lamborghini
y8 t yt88ut8yg it here 8
Hey what auction is he going through?
After 10 minutes of talking … okay now let me explain what I’m doing to this truck ! 😂 he’s a character !
Thanks. Saved me 8 minutes. "He's a character". Ya think!
In many (most) of these "Ferrari Flip" videos, Craig picks the vehicle after the fact, buys 3-4 auction cars, then afterwards picks which one will be the "Ferrari Flip".
But Craig videos are always very interesting, to watch.
He is not being all the way honest
Say it ain't so
I LOVE watching your videos. My late husband and I used to do this in Germany 🇩🇪. BOUGHT old cars that wouldn't pass the German inspection, but they passed the Army inspection. It was great 👍. I got to test drive all types of cars. The only I liked the most was a DATSUN Spot type car. It could fly lol 😆 😂 And the soldiers were 😊
I got to say something like Craig you're awesome and I have the first part of your program but I like the rest of the world are going to financial issues so as soon as I can afford the second part I'm going to do it and I tell you what the days I open up my dealership I'm buying my first car from u sir thank you for being such an awesome mentor and inspiration down to earth guy that I've been watching for a very long time on CZcams you have touched many lives because even though you make millions you are still down to earth and humble and that's what I love about you you give inspiration to more people than you know and I want to thank you from the bottom of my heart
I would have bought a takeoff bed, plenty of places in N. H. And Massachusetts selling them and you probably could have found a white one?
Goddamnit! Very well done! I’m incredibly excited and happy for you. With anything in life seeing people do well, striving for something, and accomplishing is very inspirational. It’s why we celebrate and admire winners. Thank you so much for passing it on.
Gramps is awesome. This is awesome channel and content. Cherish your elders y'all. I'm currently watching this whole playlist and getting entertained and educated in the game.
Flip up armrest for the win, We just bought a new to us 2500 and have 4 kids so 6 seats is a must.
I have been in a couple truck accidents and learned something. I was quoted a ton of money to repair a truck bed from insurance but was able to work a deal and handle it myself. The trick is especially with a full-size truck like that is to find a company that takes a truck like that and takes or the bed and installs a utility bed. They will gladly sell you a new bed at a fraction or what it would cost to get yours repaired. “My tip of the day”
that's actually a good idea
5:25 that's not how it works in Canada. If you buy a piece of equipment it's called a Capital Cost Allowance and you can only write off 20% of the depreciating value of the vehicle per year for 5 years. This is because it has inherent value to the company as an asset.
Now if you lease a vehicle, you can write off 100% of the lease payment as long as you're paying the lease. That's why many companies will lease machinery like a CNC machine, table saw, Forklift instead of buying it outright.
What we can immediately deduct or "write off" is consummable costs like electricity, rent, garbage bags, wood (if you make things out of it and then sell), etc etc etc. When I had a boat charter business I even wrote off cable costs so I could get the weather network for weather forecasts. I even wrote off baseball hats, and towels.
My 5 year-old LaCrosse has that same message. I never even thought it was for kids. It would remind me if I had my computer or a package back there.
Love the 56 T-Bird plug. My mom has had one since I was in H.S.
Correct on port-hole hardtop year and "air vents". The "spare tire" is known as the "Continental package"
Cheers,
P-Chi
Love seeing papa Al’s thunderbird
Our new ford does that kid reminder and shows what seat belts are being used so you know everyone is buckled!
I work at Adesa in Boston which is now Carvana and I can’t believe the money they are getting for garbage. Especially Nissans. It’s obscene. And I love your videos because they are never dull and you change formats which keeps your channel fresh.
$400 to $60k congrats! I made 10k on Saturn's from a auction back in the day. Wish I still had the time, and cash to do more auction stuff! Miss doing it with my dad!
Lol I d never buy tht
Hey Craig can you talk about the first 10 cars you sold when you started selling cars?
honda accords,ford taurus,toyota corralos,sentras,....then acuras,lexus,caddys,.....but cheap to buy rides...+ good cars = money flips...always buy moderate level/expensive used cars....what was it new?....wow i,ll take it ???...hold on...(*only after allowing a fix up budget as well*).....
All of it is working. I love the variety
Can someone help me understand the purpose of premiering the video instead of just releasing the video?
It notifies users and puts it on all the subscribers recommended. It also helps him with the algorithm and compensation. It's like TV watching an event on the premier is better than later on.
We all live chat together as well
Wouldn't it have been easier to just replace the bed with a new or used one for a few grand
sure he couldve found a bed and put it on and tried to get more for it etc but sometimes its just easier to let it go how it is and let the next person deal with it
@@anthonylarocco6763 agree, it's gets messy when people blend their hobby with their income. People tend to not make the consistent choices that having a strict business model do. It's not a big deal but he makes a point of always talking about making maximum profit. Oh well as long as he's happy. I've been there and eventually something pays the price.
I was disappointed you didn’t end up buying one of Tony’s Ferrari’s when they came up for sale at auction. I was fortunate enough to have bought one directly from him before they went.
Great video. I thoroughly enjoyed this. Nice job and thank you for explaining the information that may be confusing to some of us.
This guy is the definition of a walking and talking "humble brag"
😁😁😁
modest but real numbers,rare...
My Kia Proceed GT does the same thing… “Check rear seats” 😂
It gets me every time 😂
I'm glad to see that your very close to that Ferrari. Can't wait to see what's next and I'm enjoying the videos!
Bummer I was really looking forward for the transformation videos on this truck
Hey Craig, I really enjoy your videos. In fact, you and Hoovie are my two favorites. But man, please don't push yourself so hard. Easy to say, I know. As for this series, I hope it lasts a Long time. But please don't stress about a CZcams channel!
If you can go to more out of state auctions if possible that’d be pretty nice to watch again. Like with that FORD GT
Could you drive with at least one hand on the wheel?? Lol 😂
Just buy a replacement box out of the wrecking yard
Where I live they go for $1000 to $2000 CDN. Rust free in "like new" condition. They're complete with wiring, bed liner, tail lights, the only thing you have to do is unbolt yours and bolt on the new one (and paint)
It’s been a great series you’re the first CZcamsr I started following to a point of looking forward to the next video. 60k is impressive to say least, an I think going further the more higher end crème puffs are in store. I know the cheap cars make the money fast but the truck proved it is possible with big money vehicles for a quick turn around. I’d love to see you do a GTR flip or a Supra. Granted both would more than likely have to be the modern version, but still I don’t think anyone would complain that we have one come through.
This was really the only option for this truck, lead time for new bed panel was too long, requires a dealers license to do stuff like this so not helpful for the average person.
The dealers at the auction I drive for do the same thing. We have had a ton of brand new trucks and sorts cars go through. Fast quick money. Congratulations. Matt.
What auction do you go to and in what state?
@@kjblessing3842 I drive cars through the auction as a side gig. Easy money and kinda fun. I do this through a temp service for the Greater Atlanta Auto Auction in Georgia.
I bought a Tacoma by accident, well on purpose but the price was by accident. I had the opportunity in one day to clear 2 grand. Best flip yet, hanging onto it though for a few weeks. This has been such a blast
How about getting a 1990 to 94 Ferrari 348 Spider.
It's been a great experience. Thanks for bringing us along.
Is there a specific Ferrari that you want? Or first Ferrari in good shape is getting the money?
Thinking california
@@FlyingWheels Cars and Bids. No?
That's awesome you're at $60K now, I started watching just before you started the Ferrari flip series!
Glad it sold. So rewarding after the sale.
If i recall correctly 1956 tbird is also a 12 volt car and the 1955 is a 6 volt car.. big improvement there..
Amazing! We’re just a few steps from our goal!
Who's we ya fool
I bought a 360 Modena at Manhiem for 52k. You should be able to find one, MMR is pretty low on them.
great deal must have been salvaghed or 4 years ago
The caddy is sweet
You can buy white new take off beds for very reasonable all over northern Indiana. They take them off for the RV haulers and sell them cheap. We bought a bed for our 2015 for $1200 and it was brand spanking new. Bolted it on in an hour and we were done.
Wow what a deal man tbh just buy a truck bed way easier and time saving go to a junk yard or parts places cheap and fun
I would have fixed that truck and then retailed it for 62K
Same
Seems like German is gone so is body work guy isn’t around no more
And you got 2 give it to pops, and enjoy
Losing German must hurt. A good all around light mechanic and detailer who shows up for work every day is worth their weight in gold around a used car kot.
I must have missed that......🤷♂🤷♂🤷♂🤷♂
What did I miss???
What happened to German?
I was gonna say German could fix that bedside easy what happened ?
German leave?
Excellent as always Craig👊🏼Getting closer to the Ferrari. I know you want to get one but we need more than $60,000.Keep on flipping 👍🏻
Bro am all the way in jamaica and i wait to see it every Sunday and the best thing about it you got a good partner there German 🇯🇲
You would have made way more if you fixed it
6 passenger trucks are for road head and leg room. Center consoles are for sports cars.
Boat update please .. keep doing what you're doing...its working...thank you for sharing your journey with us
Toyota wants to buy my leased Tacoma back for more than I paid for it in the beginning.the problem I have is there is not much out there to buy.
Your adding a lot of value
You are not at Ferrari money at 60k........Those cars aren't the ones you want.......and documentation on maintenance...Like Porsche maintenance documentation......And the Car Wizard is in Kansas....Just sayin......
Go to a company that makes and installs flatbed, they probably have color matched bed for cheap
Had the pleasure of meeting German today at a junk yard. That man is the GOAT
You probably made the damage worse with that hook. People that are good at that have an innate ability to step by step unbend those panels. It's better to push than pull if you can.
Yes a good PDR guy could have worked miracles with that, but it will cost you, and he was just wholesaling it, so it’s not too bad…
@@NewEdgeDesigns But I'm sure the next guy is going to shake his head and say something like a former co-worker of mine used to say. "I can tell someone's had their d1ckbeaters in here".
@@mitchstaff8281 lol🧐
There's not APDR guy in the world that could have straightened that crap out get real just fix the bedside
@@mitchstaff8281 Some d1ck beaters are handier than others..🤣🤣
How can you sell something 2 days after you get it ? You don't have a title with your name on it yet.
Beds in Arizona for heavy duty trucks are 1200 bucks with tail gate .
Thanks for including my favorite movie clip ever in this video!! Tommy boys mini fridge! 👍 😂. …Random fun fact Chris Farley’s cousin Jim is CEO of Ford.
17:59 I remember that video when your daughter had on her pedal pushers and bobby socks...that was cute......did you have your letter jacket on and greased back hair? I can't remember lol....
What not just buy a new driver's side bed panel for $700, paint it, and bolt it to the car. Other than that, you need a couple trim pieces.
The new ones just bolt on? I have no experience with a 2020. The slightly older ones are spot welded on. Pull the bed, grind out all the spot welds, remove bedside. Fix inner structure that is bent, fit and weld/glue on new bedside. Prep/paint. Reinstall bed. Not really a DIY job to do it correctly. Used bed in my area is $3400 in same color.
OR you just put it up for auction and make $4700 in a day. 😉
@@anthonylarocco6763 There is not a 15k profit to be made on that truck after repair costs.
love your enthusiasm in your videos and your knowledge of the used car business but one thing I do know is don't put too much on your plate there brother and burn yourself out otherwise we won't be able to see any more of your new videos!! cheers from Atlantic Canada.👍😎🇨🇦
Looking forward to the Ferrari shopping
Getting close to the 360 modena price range
Thats a good looking 2500!
If you just showed me pictures of the frame, I would guess that truck was at least 7 years old with over 100k miles. Someone didn’t opt for the undercoating.
Someone didn’t opt for the undercoating.....ya :/
Maybe you can make a vid about your rentals
Craig
My question would be
From starting with a dealer license , office and the "first" 2 cars you had to offer for sale, How long did it take to go from "flipping" cars to car dealer? Meaning supporting yourself and family and Obviously all the office bills
This is not a easy business to get into. He makes it look easy it is not . I own 2 car lots and have family up north that have lots. Over the past year I have seen multiple car lots close the doors. Auction prices are very high. And sometimes higher then cars u can buy in your local paper. Unless u have very good knowledge of cars I would stay away . Lot rent good location $2500-$5k plus insurance and bond plus money to buy cars . Also need mechanic and Detailer. Plus cost to advertise
Better to buy from personal person and sell from your home . Less stress Trust me
@@gioi91
I don't disagree entirely. I got licensed in 2015 but lost the lease from building damages from hurricane in 2018. It's easy to get into it's hard to snowball it to "sucess" . Thats why i was curious on his personal time frame. For me its because its tough combing auction to find only a handful of mechanically good cars a month. The price it always sells at auction like you say is private party value because generally the mechanical condition is unknown so you pay the absolute most you can to win the car then gamble on cost of parts in repairs. And you have to have mechanic on payroll or do it yourself. You'd never make enough money paying a shop to repair the cars.
I'm trying to wait for some stabilization in the market to go back full time but idk when that'll be.
Best of luck, it is indeed a tough market now
Either you can find one of those, stores/ shop. That does, rear truck bed. To like weld type rear end bed with no lift gate, etc. Anyway, most time they well sale an entire rear truck bed. I mean, that my view here in Central tx. Lots of shops of highway 35. That sell stock rear truck beds. Sometimes, w/ without the tailgate. And that cost a grip as well. Especially, color coding, graphics, like 4x4, 4x2, etc. Good luck man. Rad truck 🚚 👌
I'd Love a vehicle like this But our roads in England are so small.
I have really enjoyed watching your videos and I have learned alot about the car business
Rear seat reminder.. you look back and there is a stranger in your car 😬😬😬
I have almost the same exact truck as in the video, but mine is a 2020 z71 long bed LTZ with all the options except for sun roof (I hate them) and 5th wheel pucks. High country trucks have color matched bumpers and 20" wheels with sharp angles on them. I was going to buy a HC, but only the LTZ was available in long bed and white during covid. Luckily it is what I really wanted as I hated the HC wheels and color matched bumpers and trim and I like the z71 logo and package with the floor mats, bed liner, and am not much of a fan of the HC logos. Z71 wheels are 20" but with large smooth spokes. LT and LTZ wheels are 18 aluminum with sharp angles (I also hate the look). WT or work truck model wheels are 17" steel wheels painted gray.....even on the dually trucks, at least in 2019. The stars aligned when I went to go buy that truck since it was setup the way I wanted and there were only 3 available within 500 miles of me in SoCal. June 1st of 2020, the LTZ Z71 fully loaded and the High Country were both listed at $74k and were within a hundred dollars of each other. I paid $68k with rebate and a better deal from my neighbor who works at a dealership. This year, people have paid $81k or more and then still have tax, license, etc. After saving money for a few years and with working a high paying out of town job all of 2020, I was going to pay cash for my truck, but I ended up paying it off after 15 months (wanted to see what happened with work and the economy) and I added the highest level extended warranty, and ended up under $80k after interest, tax, fees, CA registration, etc. The stars aligned for me to find a truck I like so much and to have taken the plunge before prices got even more insane. It is quite an upgrade from my 79 C20 Chevy that I have driven for 25 years, but I still drive the 79 occasionally.
What’s the name of the auction where you sold this truck ??
How come this shows as unlisted?
Goes live officially at 9:15 est
most important 56 was 12 volt vs 6 volt in 55
Great series. Really enjoy the Ferrari flip
Love the 6 packs of soda part lol
I wish I had your pops
1958. my mum pushed me in the pram the three miles into town. Did her shopping, finishing with the butcher. She caught the bus back home, then wondered where I was. She caught the next bus back into town, to find me still in my pram outside the butcher's shop. Parents have always forgotten their children, it's nothing new.
I want to see a series on pops Ranchero getting set up to be road worthy!!! Can we get an update on the Nissan?
Lets get it!
Craig, you really need to level down the intro music on your future videos
My money is on him never buying this Ferrari and just milking this. "Just over a year ago".... Thats a little off man 🤦♂️
dont be a hater he said hes TRYING for a year but with the market its going to take a while craig doesn't owe you ANYTHING BUM!
Did you miss the part he has said multiple times throughout the series, and in this video? It's not about actually buying a Ferrari.
You're a little off, man. Lol
Keep crying 🥱
I will be disappointed if he actually does by a Ferrari. Boring! Its about the journey and how to make $ in the used car business.
Our high country keeps giving use problems with the def system so we gonna sell it to
Love pops
That's all? Geez I might not even get that fixed.
I love the channel. If I had to critique it, I’m not a fan of the house rebuild
Hi Craig *** PLEASE READ THIS ***
I am sick of tire kickers in my area (small city in Australia) and was wondering if you could please share your thoughts on HOW TO DEAL WITH TIRE KICKERS.
I tried to search in your all series and couldn't find a video that addresses this issue. This issue is about to end my Car dealership dream.
Thank you for the great work, I learned alot from you!
No Test drives without pre-approval of financing or cash in hand. screen the callers with appropriate questions over the phone prior to setting up a visit.
@@FlyingWheels Thank you very much Craig, I followed your advice in a car I sold yeterday and it worked!
Among 4 interested people, only one showed up with REAL cash (two of them said "I will withdraw the cash after test drive" and one said "I dont have the cash today" )
The man with cash tested drive and I gave him a $200 discount for being a straight forward.
I really appreciate your help with this and can't thank you enough!
Used Rear quarter is $500
$1000 bucks would get it on and painted
Likely would’ve made retail
Congratulations on the truck profit!!!! Keep making videos, because we enjoy watching and learning!!!!
Every car I buy needs 2/3 black wheels, black windows and a good stereo
Hey there....try to make it again like buying 5 cheap car and flip it using the Ferrari money
NOT a piece of junk Ranchero. I'd love to have it.
Craig is the Ron De Santis of CZcams
I would take that 1956 Ford Thunderbird over any Corvette including the new one which I really don't like the looks of.