I Flipped a $600 Car.

I hope you all enjoyed this video. It took me over 35 hours to make so please drop a like and subscribe if you haven't already.

The act of flipping a car is simple. You buy an automobile at a low price and resell it at a higher price for profit. Well it’s not just that simple because the most difficult part is actually finding a good deal.

The auctions are held 100% online so that means you can buy cars from different states

In order to bring this car to run mechanically sound, there are a few items that need to be done to this car. Let’s break it down. As previously mentioned, this model of the Ford Focus has a few common issues, the valve cover gasket will need to be replaced, along with the engine mount. This car will also need a fresh oil change along with a complete full detail inside and out.

The first item I decided to tackle was the valve cover gasket. In order to replace the valve cover gasket, the coils needed to be taken off.

The timing of this flip turned out very well. While I was repairing the car, I found out that my brother in law was looking for a cheap car to buy. So I decided that instead of posting the car up for sale for around 2.5k - 3k, I would just sell it to him for 2k and immediately secure the profit. And that is what I ended up doing. With the sale secured, let’s break down the cost, the true profit and the hourly rate.

I won the car for $675. After all the fees, I ended up paying $943. The total cost of the parts came out to $102.34. A detailed breakdown of the parts that I bought, you guys can find down in the description while you’re dropping a like on this video.

The car detail was $350 and the trip permit that I purchased for it was $34.

So all in, this car cost me $1,429.31 bringing my clean profit to $570.69. Based on that profit I walked away with a $71.34 hourly rate. If I would have waited for a buyer at even 2.5k, my profit could have been $1,070.69 and my hourly rate would have been $133.84. Not too shabby.

Here is the detailed breakdown:
Bought: $675
Fees: $268
Gasket: $13.98
Engine Mounts: $40.98
Spark Plugs: $10.39
Oil Change: $36.99
Car Detail: $350
Trip Permit: $34
Total Cost: $1,429.31
Profit: $570.69
Hours: 9 hours - 1 hour for filming
Hourly Rate: $570.69 / 8 hours = $71.34

My videos are not financial advice so please take it as a grain of salt. I hope you have a good laugh out of it as well. Enjoy the video and please share your feedback, like, and subscribe!

#finance #flippingcars

[mr.g.culinary]

So with due respect, the title and thumbnail are outright deceptive or wrong.. it wasn’t a $600 but rather closer to $1, 000 and you didn’t sell it for $3, 000 but rather $2, 000..

You did a nice job on the car, but why stretch the truth??

[Brysonandmason]

To anyone watching this something to take note just cause you see engine oil like seen in this video doesn't mean it popped a head gasket there can be a few variables to this, 1. the car sat at an auction site for a set amount of time and the engine went through cold mornings and hot evenings causing condensation to form in the valve cover which can cause the oil to look like this. 2 the oil cap seal if equipped can cause moisture build up causing the water in oil, dont panic with out doing further testing its simple to say its one thing just by looking at 1 piece of evidence but its better to rule all variables out. This was a great video but a bit misinformative.

[aca]

I have a 2011, which is about the same mechanically. You covered 2 of the main weaknesses on the car: valve cover gasket, engine mounts (espec. the passenger side). Sway bar end links are the other one. I have read that OEM engine mounts are getting hard to find, and aftermarket ones always fail fairly quickly. I have seen used Focuses, usually between 06-11 with the Duratech engine with 200-300k easily. They are not perfect cars but easy and relatively inexpensive to fix and will last with good care.

[Gdsamplify]

Bro think he's Buddy's DIY 😂😂😂

[raygomez]

The guy who did the detail probably earned a higher hourly rate.

[hyoufs]

Great watch, and I'm in no place to critique as I've never flipped a car before but I feel like you spent a bit too much for the cars worth. For a 2-3k car I ain't looking for it to be prestine so a 350 detail seems a bit wasteful but still it was fun to watch 👍👍

[ParadoxxedMedia]

I've never seen anyone detail under the carpet... of a car. That's insane level of detail, kudos to that guy! Also, you're a nice bro for hooking him up for $2k... you could have got @ least $3.5K

[firashaddad]

Good job bro
Just a tip before you start the car you need to check the oil the cooling and you can actually go see the car in the copart yard

[derekgardin]

That little bit of milky oil you saw as likely from it being started a bunch of times and not brought up to temp while at the auction. The duratec is a pretty robust engine (I have ones with 400k on them still going strong) and isn't known for blowing head gaskets.

[Live-Life-Freely]

Great flip, however, I can't pay someone $350 to detail a car I'm going to sell. Keep up the good work!

[zaceriah]

Great video man! I love your video style - informative and fun. Thanks!

[anilvirginia]

Great video. Really enjoyed your process and how you explained everything you were doing. Definitely looking forward to more flips!

[GeRoMe]

Great video man. Well done work. Cool to see someone local doing this so well

[nodak]

"Flipping a car is quite simple."
Step 1) "Find an automobile for a low price." -- Yep, that sure is easy to do these days. Quite simple indeed. Except for the part where everybody thinks their broken-down, rusted-out sh!t box is worth a fortune.

[chewbacag]

Awesome video! Excellent work! You covered all the bases with plenty of detail. Can you do a video on the easiest Honda to flip?

[TonyyStarrkk]

That detailer gets the W on this one, wow.

[robitaillecopeland]

forgot to add in the cost of the tow. I know it was your Dad but it still should be accounted for. Also, zero chance your parts only came up to $100. Also, the fees were more expensive than you listed. At the end of the day, you probably yielded maybe $400 profit. Great video nonetheless

[sergey_ilushin]

Привет, Миш!
That was a great video and a great flip, well done!!!

[EvlEgle]

You can get those engines from scrap yards for under 400$.

I got one to use in my Mazdaspeed (yes mazdaspeed) for 290$, sold the head, oil pan, timing cover, valve cover, and intake manifold and made money.

I know your car may not be the 2.5, but the 2.5 is super common and can be swapped into the 2.0 and 2.3 cars easily, and its very very very cheap since Ford and Mazda used them in so many cars for so many years.

[AlexYeets]

Milky oil at the top end of the engine like what you pointed out usually happens to be light condensation.

Vauxhalls are really bad for it, they condensate crazy and look way way way worse than that - but they don't have a head gasket fault.