This is for people who have money sitting in low-yielding places.
Suppose you have $4,000 in the bank and we have an $8,000 car, according to Kelly Blue Book.
Now, we trade. You get the $8,000 car and we get the $4,000 until you sell it. If you sell it for less than it’s worth, it might sell faster, but people get suspicious of the low price, so just advertise it at it’s Kelly Blue Book Value and when someone offers you less, take it! Say you only get $6,000 for it. Your buyer got a good deal and so did you. You only paid $4,000 for it. You get half the profit and we get half. Now, you have $5,000 cash.
It might take you three months to sell the car, so you drive it for free. After three months, it’s sold and you use the $5,000 to buy another car. This one is worth $10,000. You advertise it for $10,000 and someone offers you $8,000. It’s O.K., you take it. You only paid $5,000 for it and since you keep half of the profit, you now have $6,500 and six months have passed since you started. Your money has grown 62.5% in half a year! How much will you have in two years if this growth continues? You will have $27,891. Wow! In five years, how much? You can pull out your original $4,000 and still have over $500,000. Quit any time you like! Continue another year, though and you’ll have $1.35 million.
That’s how it works! We buy the cars wholesale and turn them over to you, to sell.
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