Chris Koerner describes a car-buying service: message sellers on Facebook Marketplace, collect buyer criteria, research dealer inventory, negotiate prices at multiple dealerships, then charge 30% of the savings. He shows how saving a buyer $1,500 nets a $450 fee, and doing this ten times monthly could earn around $5,000.
This video reminds me of the used car buying experience because it is terrible. But I have a business idea that costs nothing to start that anyone could use to launch a profitable business. Here's exactly what you do. Go to Facebook Marketplace and message all the people selling private party cars. Because these people are about to be buying a car as well. You're going to message them a link to a Google form that asks them what type of car they're on the market for. Because you are going to do car negotiations and research as a service, you are going to charge a percentage of the money saved. You'll ask them things like color, make, mileage and how qualified of a buyer they are. Then you're going to go do this research online, find 10 cars that fit their criteria, put them in a standardized report, send them to them and have them pick three to five favorites. Then you're going to get those three to five dealerships on the phone and haggle them on price. Be sure to use the dealers against each other because you will get a better price that way. Then you're going to bring back the winning car to the buyer and say, hey, I'm going to charge you 30% of this $1,500 that I saved you. That's $450 profit. Do this 10 times a month and you've got a $5,000 a month side hustle.
