Buy and Sell Your Way to Your Dream Car
With all the talk these days in real estate about building up to your dream home via buying and selling consequent housing, it should not be surprising to find that this same technique can be used to attain the vehicle of your dreams.
The basic theory of this idea consists of purchasing vehicles at bottom end pricing and then selling them for a profit, then taking the extra money and putting it into a subsequent better car. By doing this again and again, eventually one could build up to a rather substantially impressive vehicle.
The key here will of course be to find the best deal when it comes time for the purchase of a new vehicle (people who need to sell a vehicle quickly for some reason), and then sell it to a collector who is willing and able to pay top dollar.
One of the most obvious ways to get more money out of your vehicles is to improve and upgrade it before selling. This will build up its worth and give the collector more of a reason to choose your car for the extra amount of cash.
Note: Keep in mind, that when upgrading, some upgrades can actually decrease the worth of a car. Heavy cutting and modification to a true classic vehicle will most likely decrease its ultimate worth. However, improved safety features of an older model classic is one case where modification is sometimes seen by a collector as worthy.
In general, a thorough interior cleaning, possibly recovering seats, replacing carpet, repainting or polishing the paint and then giving the car a good tune can make it worth as much as $20,000 over what you paid, depending on the popularity of the vehicle with collectors of course.
An example of how this works can be seen by a young man named Kalvis who began trading up cars at the tender age of 16. He began with a 1977 Porsche 911 that he purchased from a friend in decent condition for around $5,000. He reconditioned the interior, tuned the engine, and buffed out the oxidized paint.
It wasn’t long before he found a turbo Porsche 930 “wide body†in rough condition. The 930 did not run and the owner had not been able to fix it. When my friend offered the enthusiast an even trade between his strong running 911 for his 930, he jumped at the chance.

A few months of interior work, paint, and engine tuning and the 930 was already worth between $15,000 to $30,000 to a collector. Once again he found a collector who was a fan of the 930 and was willing to part with his 1996 Viper RT/10 in trade for the partially reconditioned Porsche.
Today, he is 23 and driving a Viper RT convertible… and it was basically purchased with an old Porsche 911 and plenty of elbow grease. Something of which anyone can do if they put their mind to…



