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Message: <blockquote data-quote="Bekit" data-source="post: 933294" data-attributes="member: 59397">I was at a yard sale back in 2015 and they happened to have a car for sale. It was a really clean Toyota Camry for $3,000. I forget the exact year and mileage, but it was something like a 1999 with under 100,000 miles. I was like "OH WOW! That's an AMAZING DEAL! I'm going to flip this car and sell it for $4,500!" I didn't have a clue about how to flip cars. I didn't have a mechanic look at it. I don't personally have ANY knowledge about how to evaluate a car. I didn't even do any online research on vehicles of a similar make, model, year, and mileage to see what the "going rate" was.All I did was drive the car around the block. I went to the bank and withdrew $3,000 and handed it to the people and they signed the title over to me. Woo hoo! This was going to be amazing!The next day, I took some beautiful photos of the car and posted the ad on craigslist. The day after that, the driver's side window rolled down and wouldn't roll back up. Fortunately, I had a garage where I could keep the car when it rained. Fixing the window cost like $150. There was also a problem where the car made a sort of thumping sound at higher speeds. Someone told me that the tires had flat spots on them from where the car was sitting so long. Hmmmm....I showed the car to a few people and they all brought a mechanic with them to check it out. (I started thinking, Oh. It seems like people always do this when they buy cars. Maybe I should've. ) People would ask me hard questions like "How long have you owned it" and "Why are you selling it" and I ended up looking super sketchy because I didn't want to admit that I had bought it solely to flip it. But I had obviously owned it for less than a month because it still had temporary tags on it. Then, a few people reported the craigslist ad as a scam and my ad got taken down. I didn't understand why this had happened, but now I didn't have any more leads to look at the car. I ended up selling the car to the last guy who looked at it. He offered me $2800 and I took it. By that time, it was a relief to just have it gone. So that was a failure. I chalked it up to a $350 lesson in why you should at least do a little bit of research and know what you're doing before you go and try to do something like flip a car. And as a girl who is mechanically clueless, I concluded, "Why bother? I'll just focus on making money in areas that I understand." LOL</blockquote>

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