Wednesday, February 27, 2008

Running Low


With spring break around the corner, I find it hard to concentrate on school work. For one thing my expenses have brought me to my limits with cash, buying another car and spending a lot on my girlfriend put a strain on my wallet. Running low on money really stresses me out because I won’t be able to fix my car that I have in the body shop and another thing I can’t do things with my girlfriend. Buying another car without selling any of my other cars is where I went wrong.


The car that is in the body shop is a 2007 Toyota Salora, it’s really nice. Outside it’s a dark green color and inside its all black leather. With 20,000 miles on the speedometer which is not bad for this type of vehicle. The cool thing is that it’s a convertible, and has the coolest eighteen inch rims. It has some damage to the rear, which should cost around one thousand to fix. It wouldn’t have been a problem if I had the money.


For one thing I didn’t anticipating that this winter to be really slow; no one wants to buy a car in the winter. And with no money coming in and all the money leaving my wallet, I decide to go to my parents for help. I convinced them to lone me $3,000 to fix my car and go to Mexico with my girl friend on spring break. They agreed which is no shock to me; because they know when the weather gets wormer I will be able sell one of my car and I will be able to pay them back.

Monday, February 25, 2008

The Guest Blogging Experiment

There was a big difference in the style between the guest post and my own posts. For one the content was very different, I pretty much talk about the money that I make from flipping cars. But the guest blogger talks about the car it self like what it stand for. The sentence that the guest used were much more complexes than mine. I try to stay away from complex sentences because when I try to use complex sentence structures I use them incorrectly. The word usage is one of the biggest differences in style, whether the writer uses sophisticated words or just uses word fillers in order to make the post longer. For example the guest post on “my office space” was very different in style. Anyone could tell that the author of the post was not the author of the blog. The sentence structure so different as well, the way the guest blogger worded his sentences was much to different than author of the blog.

What this means to me, to have this post on my blog is that I have a new perspective on how to shape this blog. When I picked this topic, flipping cars for a profit, I thought I had to write only about how I flip cars and what to do right and what to do. From having this post on my blog, I can talk about the cars them self. Not just about my experiences in flipping cars. I can talk about the cars performances, and also find some other information about the cars them self and put it on the blog to help the readers understand the vehicle much better.

Wednesday, February 20, 2008

Guest Bloged by, KOE, -- Torn love....A3


I think my favorite car was an Audi A3. It was my mom's car when we were in France in 1998. It was sweet little car with manual transmission. I like the 5-doors of the hatch which could blaze air when you step on the accelerator and shift gears. I liked the dual clutch in that car. It almost felt like the drive itself rather than someone has to drive it.

Audi pride itself for safety and reliability which played a great role on purchasing that car, but in a year or so the car had problems with the engines and stability was compromised. My mom was deeply upset on the matter of "health" of that car. We paid out dearly for a new engine which was next generation engine for the car. It didn't totally restore the car to its former glory that a motor company prides itself for.

My parents were great admires of German and Italian branded cars, but companies like Fiat and Audi have tarnished their own self respect of their brands. My parents are not going for any European or American branded cars because for the gimmick of the culture of the car brands. I think more you buy a car for the "country of origin", greater the chance you will receive a inferior packaged product.

I am waiting for the day these car brands could transform themselves like great South Korean Hyundai, which completely changed their overall brand reputation. Some companies charge highly for an inferior products.

Wednesday, February 13, 2008

Out Bidding Minnesota


It just so happens that I didn’t give my brother the money he need for the 2005 Chevrolet Impala. But I was not selfish in my doing at all; he still got a car to drive for the time being. Instead of giving my brother the money for the Impala, I bought him a car myself. My brother and I made a deal, I was going to by a car with some damage and he was going to repair the vehicle and drive it for free.


Knowing this, I set out in on a search for a car that I can get for a cheap price. After searching for a few days I could not find anything that I liked that fit my budget. But last Friday, when my father came home after his choir practice, he told me that he found a Toyota Camry that was going to be auctioned off in Columbus on Saturday. Interested I went to the auction early in the morning to check the car out before the auction started. When I lifted the hood to see what was wrong with the car, I was surprised that the damage was so minor. The problem was, that the battery leaked and the acid corroded away some of the wires in the car and the air filter box.


After giving my brother a call to ask him if he could fix the wire problem, I decide to place the bid. I placed my first bid at $4500 but some guy from Minnesota out bid me, so I raised my bid to $7000. The guy from Minnesota saw that I was not going to give up that easy, so he gave up. His last was $6800, not higher than mine, so that made me the winner of the car.


Now I am a proud owner of a 2005 Toyota Camry with only 15,000 miles for only $7000.

Wednesday, February 6, 2008

My Dilemma.


In the essay below, “How I started: My first car” I just start to talk about my brother. How he’s a high school dropout, and simply adores cars. Well he has trouble entering the business of filliping cars, because he has no major funds to get started. All this week he has been trying to convince me to invest in him.

Basically what he wants to do is borrow some money to buy a car resell it and then give me back the money with interest. This means I will not lose, with in two months I can make up to five hundred dollars without doing anything. This way I will make money without lifting a finger and he will make some extra cash as well. The car that he wants to get is a 2005 Chevrolet Impala. The impala is selling at a junk yard, who bought it from an insurance auction. It has no damage because the insurance company repaired it before they sold it. The selling price of the car is $4900 but my brother could probably negotiate for a lower price, so that the car comes out to be with tax and everything to $5000. He can turn around and sell the car within the month or two for over $7500, that a pretty nice investment.

If I do decide to give my brother the money and make some cash without lifting a finger. I will be left without money for the next two months, which means I can’t invest the money into one of my cars. Now you see my dilemma.