Selling cars?

United States United States
Kudos: 155
Joined: Jul 23, 2003
Selling cars?
2 Nov 2004
Hi there,

I wish to dabble in the auction business.

My idea is to auction bank repossessed vehicles. Response to my idea has been pretty good from most banks I've contacted. Problem is I don't know what to charge them.

Any advice would be appreciated. Thanks in advance
This question was originally received by email and has been edited for the forum
London United Kingdom
Kudos: 150
Joined: Nov 16, 2004
Re: Selling cars?
6 Dec 2004
Would this be for the US or UK?


[Last edited: 6 Dec 2004]
United States United States
Kudos: 50
Joined: Jun 5, 2005
Re: Selling cars?
7 Jun 2005
Perhaps they would do it on a percentage of the sale that way you could be flexible with the net amount after costs, then share that portion say 50-50 or something maybe 70 30 since you are doing all the work LOL but you are dealing with banks !

Efficient Era
xSellco 1