Thursday, May 28, 2009

Buying And Selling Cars Is A Good Business

In this rough times, I know for a fact that the car industry is in ruins right now. But it doesn't necessarily mean that there is no hope. I got the chance to visit my uncle this weekend and I got the chance to talk to him about his business. He buy and sell philippines car finder, meaning he finds cars to buy and sell it for a profit. This doesn't limit the fact that he buy and sell cars in the Philippines. He goes to different countries and buys cars and go back to Philippines to sell them. Of course, after converting some its parts. :)

This is a good business if you have contacts that can let you slip on the customs for lesser tax. This business is lucrative because you can buy cars in different countries for a very low price. Like in Japan, they sell cars like cheap electronics, the reason being is that renewing a car license there is more expensive than buying a new one. So every year, people are buying new cars.

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