What to buy to re-sell?

For those of us with a little too much time on our hands, are there any opportunities left in an otherwise highly efficient market ? Might I buy a convertible in the winter, sell it in the summer ? Buy at BCA , sell though eBay or something more high profile. I've always thought there is massive pent up buying energy at April time, perhaps one could play that. That said I seem to recall you told a terrible story about a car sale going wrong and causing a trader friend endless legal and reputational problems. In short I have some time, a love of cars, some funds and an addiction to man maths. If your answer is 'look elsewhere' you might be doing me a favour.

Asked on 18 December 2015 by tallville

Answered by Honest John
Don't buy anything at auction without first attending at least half a dozen actions in order to suss out what is going on. It's a bit late to buy in anticipation of Spring because prices are now already rising, but there should still be some money in the right convertible bought now and re-sold in April/May. I think you can probably have more fun studying and playing the classic market. Check: classics.honestjohn.co.uk/ for what's coming up and check our reviews of the cars. Lots of useful information there.

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