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Hey Dave, hope you are doing well. Its been a minute. A lot of stuff on my mind about the car industry so I wanted to step away from the car scene for a while. But I just wanted to fill you in about what I’ve been up to.
So im thinking about buying used cars and fixing them up and then selling them for a profit on the side. Nothing new. A lot of people do this.
I know you are an engineer who works at the top level but I would love to hear about what you think about fixing 10 year cars or cars with very high mileage(over 100k)
-how would you do things(with your engineering background) if you were to take up fixing cars as a side gig? And is it even worth it to get into.
Obviously, you can make money or lose it if you are not careful. I think the first thing you need to establish is what your car repair capabilities really are? Know your limits. Can you rebuild an engine? Can yo udo body-work? Are you willing to invest in a good set of tools and diagnostic equipment?
Probably the best profit can be had from buying non-running cars and getting them into reliable running condition, but this requires the most skill, investment and effort.
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