Today, I wanted to share a post with you that was submitted by Carlypso, a company that’s aiming to make the process of buying and selling used cars easier.
I really liked this article because it’s an idea I’ve been toying around with myself after hearing how successful it has been with people buying homes to rent out on AirBnB. This post should get the ball rolling if any of you are interested or have thought about doing something similar.
The key assumptions here are the price at which you can get a car and the amount you can fetch from renting it out on a site like Flight Car and/or Relay Rides. There’s obviously some risk and it definitely isn’t a get rich quick scheme but if you are willing to put in the time and effort to price these out and figure out the system before other people, I think there is definitely some potential.