Flipping new cars… like houses?

[Chapap]

The key is waiting for the vehicle you want. Then sell it a year or more later.

Wholesalers, buy at auctions then turn around and sell the vehicle with doing only a safety check. Fixing nothing, then selling it at the going price.

Today's prices, like houses, is a seller's market. It will change but not until the "computer chip shortage" get figured out. I would guess another 2 or 3 years for new vehicles to even think about packing dealer lots like they did 2 years ago.

A month ago, my Toyota dealer was taking orders, thinking things were improving. Last weekend he said they were over-optimistic and aren’t even taking contact info now. They get a couple trucks a month that get rejected by the whole list they have. Then they get sold to walk-ins within hours.