Salam everyone,
I’m planning to get into the used car market in Pakistan and start car flipping.
This will be my first step, and I want to start properly with guidance from experienced people.
My starting budget is around 30 lacs PKR, so I want to understand how to use it wisely before jumping in.
I have a few specific questions:
- How should I properly divide a 30 lac budget for my first flip (car cost, repairs, paperwork, buffer)?
- Is this enough to start safely, or should I adjust my strategy?
- Which cars in the 15–30 lakh range are best for flipping in Pakistan right now?
- Which models have fast resale and low risk?
- How do I properly check a used car before buying?
- What are the common beginner mistakes in inspection?
- What risks should I avoid in open transfer or incomplete documentation deals?
- What kind of profit margins are realistic per car in this range?
- How long does a typical flip take in today’s market?
- Any tips to avoid cars that stay stuck in inventory?
Looking for genuine advice from seniors and experienced people in the field.
JazakAllah.
u/Jealous-Dentist-6235 — 10 days ago