Tag

Car Flipping

All articles tagged with #car flipping

Test-Drive Theft Ends in $70K Hit for Car Flipper
business1 month ago

Test-Drive Theft Ends in $70K Hit for Car Flipper

A car flipper drove seven hours to Chicago to meet a buyer of a Corvette Z06; during a test drive the buyer stole the car, leaving the seller out about $70,000 since liability-only insurance doesn’t cover theft. The buyer reportedly has a history of similar scams. Industry guidance recommends verifying IDs, keeping the keys, meeting in public daylight, and requesting proof of insurance. The car remains missing and no leads yet.

2024 Acura Integra Type S: A Flip Failure or Worth Every Penny?
automotive2 years ago

2024 Acura Integra Type S: A Flip Failure or Worth Every Penny?

An attempted flip for an Acura Integra Type S failed when the auction received only two bids, with the highest bid falling below the car's sticker price. This failure highlights the cooling of the auto market, even for performance versions of mass-produced cars. The market for these cars has stabilized, with dealers now selling them at MSRP instead of pushing markups. The article advises against car flipping and encourages enthusiasts to enjoy their cars instead.