Tuesday, June 24, 2014
Operation Evo: A Quest for Greatness (But mainly just an Evo)
If mpg is simply an afterthought to you as a person, then imagine what replacing the fuel system, exhaust, turbo, and engine management system would do for you! That would put it on the same playing field as cars which are quadruple its price (read as ZR1, GT-R, GT500, etc) for half the cost to build.
What are the general rules or guidelines associated with this quest for greatness? There are none! That's the beauty of buying cars with the intention of flipping them asap for as much as you can get! The purpose of these cars is not for you to fall in love with them, or even to use them on any regular basis. You only have to be able to get back what you put in them plus a little bit of profit; a lot if you're lucky.
So, here's the nitty gritty math part: if I buy one car every two months with a minimum profit of a thousand bucks, it would look like this: 4000 + 500x = 15000 (X= number of months), meaning it would take just under two years (22 months) to achieve my goal. Honestly, that would be a worst case scenario for me, as I'm sure I could turn the cars over faster than the two month estimate with a larger profit margin with little to no extra effort on my part.
Keep an eye on the blog for updates on our quest for greatness! Can't wait to see what the first investment will be!