A MAN who bought a second-hand BMW online has revealed how he doubled his money selling it on.
The man posted his video on TikTok to show how a little time spent searching online and some straightforward repairs made him a tidy sum in just two weeks.
TikTok A man who bought a second-hand BMW has revealed how he made a big profit selling it on[/caption]
TikTokThe 2011 BMW 528i had 78,000 miles on the clock[/caption]
He tracked down the 2011 BMW 528i at Copart auction house.
The petrol-powered executive car had 78,000 miles on the clock, and a sale was agreed at £3,950, including delivery.
The interior was in great condition, but the front end needed a lot of work, so he spent two weeks repairing the BMW.
User @mxmunur uploaded the video to TikTok, and its title reads: ‘Great side hustle if you have a licence.’
He explained: “I bought this BMW from Copart Auction to flip and made thousands of pounds.
“It only had 78,000 miles and came with the iconic six-cylinder engine.
“It cost me £3,950, including delivery; after a quick inspection, the interior is in excellent condition.
“However, the front end needed a lot of work, and the car took two weeks to complete as I had to wait for the parts.
The TikTok poster gave the BMW a full service and had an MOT carried out, too.
He continued: “Within just five days, I had my first viewing for the car, and the buyer had the car inspected by his mechanic.
The hard work obviously paid off, as the buyer agreed on a price of £8,350.
Commenters were shocked after discovering that the poster made a total profit of more than £4,000.
One said: “Nice one. How much did you spend on the parts?”
Another said: “Wow, I’m so pleased to see that people will buy a car for that amount of money.”
A third pointed out: “It happens, nice hit.”
This comes after a man bought a car for £550 on Facebook Marketplace – and sold it in less than 10 hours.
Plus, a man who bought a second-hand Ford Fiesta for £1,000 on Facebook Marketplace has revealed how he made almost double selling it.
TikTokThe BMW 528i model looked to be in good condition after the repair work was carried out[/caption] Read More