Total Cars

I haven't written about this project of mine with some of my High School friends where we purchase and repair damaged cars and sell them back into the market. It has been in operation for a couple of months now and we are currently on our fourth car (i think).

We have elected a board of directors who facilitate the choosing of the vehicles and analyzing the potential income and rate of return. Based on their vote we choose a vehicle and repair and prepare them for sale. Its like flipping real estate where you buy and refurbish and resell the house again.

Currently the turnover rate of the cars that we have purchased and resold fall under 2 months. Just some types of cars that we have dealt with are Innova, Fortuner, Previa, CRV, Vios.