Sometimes it seems like everything just keeps getting more expensive, from rent to groceries, which might serve to inspire creative money-making ideas. One money-making scheme that seems like a brilliant idea on paper is car flipping—buying a used or even a new car and then selling it at a higher price for a profit. After all, car prices have been soaring in recent years, with the average used car selling for $25,670 just a few months ago, so flipping a car seems like a straightforward path to profits. But when you dig into it, there’s way too much risk in this side hustle to make it worth your time.What is car flipping?Car flipping can involve either used cars or new cars:For used cars, it’
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