If you want to ship cars from Kenya and make a business out of it, then keep reading to gain a few insights into the used car business in Africa.
Have Buyers Ready
If you want to make real money then you should be able to secure buyers on the ground before committing yourself. More so, to counteract the possibility of losses, you’ll have to secure a down payment.
Open A Dealership
If the buyers you had in mind default on their contract offers then you’ll need to open a dealership. Not only is it cheap and instant advertising, but it’s a profitable and reliable safety net just in case.
Affordability
The used cars business is a thriving business in many African countries. So you’ll be shooting yourself in the leg if you charge exorbitantly for your cars. The secret is to be affordable. A quick turnover is the only way to stay ahead.
