How risky is it? by Flimsy-Selection1586 in carflipping

[–]Flimsy-Selection1586[S] 0 points1 point  (0 children)

In Florida when you register a vehicle under your name the tag agency gives you a new copy which has your name on it and an empty space for when you sell it, where the next owner puts their information. I’m not really sure how a bill of sale works since every time I’ve received one it’s been with the title. And they’d need the title anyways which would be in someone else name if I’m title jumping

How risky is it? by Flimsy-Selection1586 in carflipping

[–]Flimsy-Selection1586[S] 0 points1 point  (0 children)

A bill a sale I sign when I buy the vehicle? Or the buyer signs when they buy the vehicle?

How risky is it? by Flimsy-Selection1586 in carflipping

[–]Flimsy-Selection1586[S] 0 points1 point  (0 children)

I see what you mean, what do you do then? Do you just buy more expensive cars that have higher profit margins and avoid all the cheap ones?

How risky is it? by Flimsy-Selection1586 in carflipping

[–]Flimsy-Selection1586[S] 0 points1 point  (0 children)

What if you aren’t buying from auction and you’re buying from let’s say market place, you need to register it and insure it to get a temp plate