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Motor Millions Home Business Opportunity
Motor Millions is a business opportunity information package offered by Dean Graziosi and advertised in TV informercials. The basic idea is that you can make a lot of money selling used cars in your spare time. The claim is that this information will teach you how to purchase quality cars below retail and turn around for a tidy profit.
The Motor Millions course comes with 9 information booklets, 2 video tapes and one CD. The information on these varies, but each contains details about some ways to make a profit off used cars. The materials are listed below.
Reports 1 to 6: is 6 books of the basic information you need to get started. This includeds general information about the profitable used car industry in America, wholesale information and ways to get financing.
Classified ads and More contains information (as the name suggests) about utilizing classified ads to sell used cars. Trash to Treasure is a booklet with information about finding old cars for cheap, fixing them up and selling them for high profits. Online Profits is a guide to marketing on the internet, and describes an online used cars network run by the same company. As part of this network, you are able to sign up for a free website of your own. This is essentially an affiliate program.
The video Get Paid to Drive Luxury Cars is information about making money chauffeuring. The other video, Instant Car Pro is a guide that explains what to look for when buying a used car. The CD, Maximize your Profit is basically a continuation of the 6 reports.
Is Selling Used Cars a Viable Business?
The used car business is a multi million dollar a year industry in the US alone. Many entrepreneurs have made a good living dealing in used cars, while some have even made millions.
Indeed, this is a viable business to be in. However, some of the information provided in Motor Millions is greatly exaggerated. For example, one claim made is that you can make $4,000 profit per car. This is unrealistic, as most used car dealers can expect to make a profit of $500 to $1000 tops.
As well, there are many expenses involved with operating a used car business that the course never mentions or downplays.
Overall, the information contained in Motor Millions is useful for anyone with an interest in getting into the used car business. However, much of the material is not very deep and you might be better off finding the information from a good book.
A lot of the material is also mere hype for the millions of dollars you can be making promoting the online car network.
Fortunately, the Motor Millions Course can be found on Ebay sometimes as low as $20.
Before spending any money, note that the used car industry is much like any other. Contrary to the claims made in the infomercials, this is not an easy business to succeed in without a background in cars or initial capital. That means you should have a skill for fixing up old cars if you expect take old cars to turn around and sell them.
The Online Car Network
The big sales pitch that comes from Motor Millions is the claim that you can make money right away with no money or no experience. Does that sound familiar? This is a reference to the new America's Car Network owned by the same company. When you buy the Motor Millions course, you are given the opportunity to have a website of your own in this network. Essentially this is an affiliate program.
If you know someone selling their car, you merely get them to list it on the network through your affiliate website. If the car is sold, you receive a commission of the sale. Better still, you can advertise your website on the net and receive a good commission for each sale made.
The reality of the situation is that this is just another affiliate program. If you think you're going to put up your website and watch the affiliate checks flow in, you're dead wrong. Like other affiliate programs, a great deal of marketing and hard work is required to to succeed. That also typically means you must invest a lot of money. Considering the net is already saturated with car listings and online auctions, this isn't a good idea.
Still, Motor Millions may be worth a look if you have been considering starting a business selling used cars. If you can't get the course cheap on Ebay, Motor Millions retails for $59.00
Related links about Motor Millions:
The offical Motor Millions website
Some Reviews of Motor Millions
Business Startups Newsletter
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