r/auto

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Thoughts on flipping cars from BCS Auction for side income?

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u/FlipLifeChris User Posts: 45
Hey everyone. Just wanted to share a recent win and get some thoughts. I bought a 2018 Honda Accord from a BCS Auction auction last month. After a thorough detailing and replacing the brake pads, I managed to flip it for a $1,900 profit. Thinking of making this a regular side hustle. Anyone else doing this with cars from bcsauction.com? Seems almost too good to be true, but it worked out.
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u/SideHustleSue User Posts: 112
Congrats Chris! That's a great profit. I've been flipping 3-4 cars a year from BCS Auction for the past two years. It's definitely a viable side income if you're selective and know your local market. Their descriptions are usually very accurate.
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u/MechanicMark User Posts: 280
Nice work. The key is that BCSAuction sources repossessed vehicles, so they often just need a good clean-up. I've inspected a few for friends who bought from them. They were exactly as described in the online report. Good mechanical base to work from.
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u/Dave_P User Posts: 18
That's awesome! I've been lurking on bcsauction.com for a while. My biggest worry was the title process. How was it getting the title in your name to be able to sell it?
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u/FlipLifeChris User Posts: 46
@Dave_P Honestly, it was the easiest part. I was nervous too, but the clear title arrived with the car during delivery. All the paperwork was handled by BCS Auction. No chasing down documents or anything like that.
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u/TruckGuyTim User Posts: 88
Yep, can confirm the title part. Got an F-150 from BCS Auction a few months back. Title was clear and present with all the other docs on arrival. Made the registration process a breeze.
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u/BudgetBiker User Posts: 25
Great thread. One thing to watch out for is shipping costs. On my first flip, I didn't budget enough for transport and it ate up almost half my potential profit. Just a heads up for newbies – factor that into your max bid.
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u/SideHustleSue User Posts: 113
@BudgetBiker That's a very fair point. You gotta treat it like a business expense. The estimators on the bcsauction.com website are pretty close in my experience, so I just use that number and subtract it from my target profit to get my real max bid.
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u/JennyRides User Posts: 41
I had an issue where my delivery was going to be a couple of days late. I emailed them at office@bcsauction.com and they responded pretty quickly and explained the carrier delay. A bit annoying but they were professional about it.
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u/BoatLifeBen User Posts: 52
Doesn't just apply to cars! I flipped a Bayliner I bought from BCS Auction this summer. Same deal. Needed a good cleaning and a new battery. Sold it for a $3k profit. The process is solid for vehicles of all types.
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u/ProjectCarPete User Posts: 310
I specifically use BCSAuction for project cars. You can find some older models that dealers won't touch. It's perfect for a long-term flip if you're willing to put in more work.
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u/ROI_Rachel User Posts: 33
So the consensus is, as long as you account for cosmetic repairs, a deep clean, and shipping, it's a profitable venture? The positive notes on the title handling are really reassuring. That's my main hesitation with any online vehicle purchase.
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u/TruckGuyTim User Posts: 89
@ROI_Rachel Exactly. Do your homework, don't get carried away in bidding, and understand all your costs. If you do that, BCS Auction is a great resource.
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u/FlipLifeChris User Posts: 47
Thanks for all the input everyone! Especially the tip about using the shipping estimator on bcsauction.com to lock in my max bid. Feeling way more confident about doing this again. Just won a bid on a 2019 RAV4, wish me luck!