Timothy & Brian Mooney’s Used Car Wealth Review: Flip Cars With No Money or Experience?

Timothy and Brian Mooney’s Used Car Wealth is an online car flipping course. It teaches how to build a profitable Cash for Cars business with little to no money, experience, or equipment. The course focuses on car sourcing, pricing techniques, and flipping strategies. Students also get access to an online community and direct support from the mentors.

Jordan of Canada is one of the original students of Used Car Wealth. He says implementing the program’s methods means you’re guaranteed to make money daily. He also praises Tim and Brian for their constant guidance and sharing of their knowledge.

Ronnie, a Used Car Wealth student, says he wouldn’t be in the car business in the first place without the Mooneys. They provided the foundation he needed to succeed. Today, he owns one of the biggest cash for cars businesses on Long Island. According to Ronnie, Tim and Brian are the real deal.

There are many different ways of making money online, and this one is unique. It has a physical product aspect to it, which includes many challenges. I’ve been making money online for over a decade because keeping a business digital keeps it simple. In this Used Car Wealth review, we look at the Cash for Cars business model and how it can benefit industry newbies. We also check out its modules and bonus content, including the Car Pricing Guide and the Used Part Finder & Pricing App.

Used Car Wealth Review: Pros and Cons

Can You Flip Cars With Limited Money or Experience?

You can flip cars with limited to no money or experience, claims Used Car Wealth. The car flipping process involves:

1. Starting your business with a small investment using free car acquisition strategies. This involves finding vehicles in your local area and using negotiation scripts to lock in purchases at a lower rate. Bonus module Junk Car Profits, and two bonus apps, help students monetize junk cars for parts and scrap.
2. Building a relationship with a mechanic whom you can trust. The mechanic must give you good deals while bringing up the overall value of the vehicle.
3. Selling the flipped car. Again, this will involve learning touchy negotiation and sales tactics. Timothy and Brian provide a guide to help you set a realistic price.

What Does Used Car Wealth Include?

• Introduction to Used Car Wealth. This course module introduces the system.
• How to Start with Little or No Money. This module teaches strategies for launching a business with no large upfront investment.
• The Magic Formula for Finding Cars. This module focuses on how to spot cars to buy and sell in your area.
• What to Say to Get the Best Deal. This module includes actual scripts that car flipping students can follow over the phone, in person, or over email. Of course, you will have to add your own spin to it. Not every script will fit each situation perfectly. Plus, potential customers may shy away if you come across as too salesy or insincere.
• How to Find a Good Mechanic. This explains the importance of reliable mechanics and how they increase your car’s resale value.
• How to Get Top Dollar for Your Cars. This module goes deeper, sharing strategies to increase the amount of money you’re making.

What Bonuses Does Used Car Wealth Come With?

• Bonus #1: Getting Cars for Free. This bonus module uncovers unique ways to acquire vehicles without upfront cost.
• Bonus #2: Junk Car Profits. With this, students learn how to make money selling parts and scraps, not just whole vehicles.
• Bonus #3: Our Toll-Free National Car Buying Network. Access to Timothy and Brian’s network expands students’ reach. They have connections across the United States.
• Bonus #4: Car Pricing Guide. This is a bonus car resale pricing resource.
• Bonus #5: Real-Time Catalytic Converter Pricing App. This tool is for estimating scrap value for catalytic converters - another profit source.
• Bonus #6: Used Part Finder & Pricing App. With this app, you’re connected to a massive library of used parts and their prices. Students use this to figure out if their old parts are worth selling.

Does Used Car Wealth Provide Direct Mentorship and Community?

Students get direct mentorships from Tim & Brian Mooney. The instructors respond to all questions in real-time via an in-app direct messaging system. Past students confirmed that the creators actively helped them build their car flipping businesses.

There is also a Cash for Cars community, a national network where Used Car Wealth students receive support and collaboration opportunities.

Who is Used Car Wealth For?

Used Car Wealth is for:

• Aspiring entrepreneurs looking for a low-cost startup business.
• Individuals with no limited or zero experience in the car selling industry.
• People looking for a full-time income or a flexible side hustle flipping cars.

Are Used Car Wealth Students Successful?

Used Car Wealth students are successful, as seen in the testimonials on their website. Anthony has been flipping cars his entire life and gave the course a 5-star rating. He also describes Timmy and Brian as trailblazers. who simplify the business model by eliminating what doesn’t work. Today, he still contacts them whenever he needs advice or inspiration.

Additionally, Andre met the Mooneys years ago as a customer. They bought his car, and he asked them about the business model. They have since been his mentors, helping him overcome many challenges. Today, Andre is one of the biggest Jeep parts dealers in North America. He’s still looking forward to signing up for the course to learn more from Tim and Brian.

Who Are Timothy and Brian Mooney?

Timothy and Brian Mooney are used car entrepreneurs from New York City. Timothy was a highschool dropout while Brian barely finished highschool. But, they turned their situation around. Today, they have over 30 years of industry experience in the highly competitive market. Together, the brothers have built one of NYC’s most successful cash for cars businesses.

Tim and Brian also have a popular YouTube channel called Neutral Drop. Here, they’re known online as Stuntman and Cameraman. They perform destructive vehicle stunts like neutral drops and tire burnouts. Over the years, Neutral Drop has garnered over 315K subscribers and 201 million views.

Timothy & Brian Mooney’s Claims

Timothy and Brian claim Used Car Wealth has a 100% success guarantee. They also assure they will work with students until they are profitable. Moreover, the site says people may start their business with little to no money and still find profit opportunities in a few days. They say this is because buying and selling used cars is a low risk business that belongs to a high demand market.

Potential Drawbacks of Timothy & Brian Mooney’s Claims

While there is no doubting Tim and Brian’s expertise and experience, a 100% success is, of course, conditional. Students will only be able to build a profitable business if they put the needed effort. Car flipping success often depends on the local market and competition. These factors vary in every area. Plus, there isn’t a one-size-fits-all formula that guarantees fast profits.

CapitalOne says states have different rules on how many cars sellers can sell in a year without needing a dealer’s license. As an example, Connecticut and Kentucky do not allow selling even a single car without a license. Meanwhile, Indiana and Vermont both allow selling up to 11 cars per year. Local regulations may limit your potential sales volume and overall revenue. So, depending on your location, you might not be able to sell or flip any cars at all, let alone have a successful business.

Take note that the site only displays 3 written reviews and 1 recorded video testimonial. This is despite the claim that they’ve worked with hundreds of students. It would be interesting to see more reviews that specifically share how much they’re earning as car flippers.

Does Car Flipping Generate Passive Income?

Car flipping does not generate passive income . Buying and selling used vehicles requires constant effort. You’ll have to scour the market for good car deals and evaluate them for repair. You’ll also have to market your business to reach prospective buyers. This includes creating listings with high-quality photos and using social media channels. Moreover, you’ll need to respond to inquiries to increase buyer interest and boost sales.

Even the Used Car Wealth course mentions that car flipping is only semi-passive. It’s definitely not a set and forget type of business. On Reddit, one car flipper explains that it requires a lot of knowledge about cars. In some cases, you have to drive for hours just to pick up vehicles. This requires time, money, and the need for a trailer. Finally, the Redditor describes car flipping as very labor intensive. Still, it can be rewarding if you’re passionate about vehicles.

How Much Can You Earn With Car Flipping?

You can earn $1,000 to $1,200 with car flipping for every used vehicle you sell. Your total earnings per month depend on the number of cars you sell within the timeframe. Profitability also depends on your area’s current market conditions and your financial resources.

One Reddit user shares that they earn a gross of about $30,000 per year doing car flipping as a side hustle. According to the post, they get a profit margin of 60%.

On YouTube, Jamaul Salley of Flipping University says full-time car flippers may earn up to $10,000 per month. As a New York-based car flipper, he says a good goal is to at least double your money.

Conclusion: Why Local Lead Generation Is A Better Passive Income Source Than Car Flipping

Local lead generation is a better passive income source than car flipping. As a car flipper, your earnings depend on the number of cars you sell each month. This means you’re constantly buying and selling vehicles to boost your income. You’ll also have to market your business and provide customer service.

The lead gen business model is less complicated and easier to scale. You only need to build niche websites that target specific keywords and locations. Once your sites reach top search engine ranking, you rent them out to small business owners. You may earn a monthly income of $500 to $3,000 from each lead gen site. Furthermore, it’s possible to multiply your earnings by creating and ranking more sites.

Personally, I earn up to $52,000 per month with little or no work with this business model. I own 50+ sites and each one costs around $500 to build and 1-6 weeks to rank. For me, this makes local lead generation the best online business that brings predictable income.