Absolutely. I think it s a great idea. You might make more money at this by taking a percentage of the cost savings instead of a flat fee. I don t think that $100 is a high enough fee to fairly or adequately compensate you for the time you would have to expend on each transaction. But it is a super idea and I would gladly pay to have a knowledgable and experienced car salesman on my side during the negotiation. Good luck.
You are selling yourself short by only charging $100 for the service. I would charge more like 50% of the savings. The problem you run into though is getting people to pay you. Most people won t want to pay anything upfront and some people are just cheap and will cheat and not pay you after they get the car. If I were you I d go with noitall s suggestions. You can aslo expand on that by arranging financing for the buyer and maybe getting a cut from the finance company. Depending on your state you may need to have some kind of license to broker the cars or handle the financing so you ll need to check on that.
You are going about this wrong. It much better to be an auto broker/wholesaler. So the customer says I m looking for 2006 Jetta for $15,000. You find the car, either from a wholesaler or retailer. negotiate them down to $14,000 setup the deal, and keep the $1000.
I would not, but there are probably a number of people out there who would. I cannot imagine overpaying for a vehicle, when there are always more cars than buyers. Go figure ?
Go for it.
