A MOTORING expert made more than £1,400 profit by flipping a car on Facebook Marketplace – and it only took him a few days.
Ryan took to social media to show his followers how a little time spent searching online and some straightforward repairs made him a tidy sum.
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TikTok user @ryans_salvage bought a Vauxhall Corsa for £2,000 on Facebook Marketplace, but did have to pay out £33 in tax and £42 in insurance.
He said: “I also put £25 of petrol in the tank, all the tyres were bald, but luckily there were some spares in the garage so cost me nothing to replace them.”
Days later, the poster took his second-hand car for an MOT, which cost him £40.
He also paid £23 for an oil filter change and got the front bumper resprayed for £100.
He continued: “I got two track rod ends for just £15 and tracking was only £25.”
After all the repairs, the TikTok user gave the second-hand car a good clean and listed it on Facebook for £4,495.
But he ended up selling it for £3,800 a couple of weeks later and made a healthy profit of £1,456.
The video has gone viral on TikTok with more than 96,000 visits – and most commenters were blown away after discovering the profit he made.
One said: “How did you get the car for £2000 in the first place?!”
He answered: “Because it had no MOT and it needed a bit of work.”
Another said: “Nice job, bro.”
A third pointed out: “Amazing deal for the car.”
This comes after a man made more than £1,300 profit flipping a car on Facebook Marketplace – and he doesn’t even have a driving licence.
Plus, a TikTok user who bought a second-hand BMW revealed how he doubled his money selling it on.
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