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Becoming A China Specialist :: Data Sheet
#22

Becoming A China Specialist :: Data Sheet

I have this kid who I see at the gym every time I'm there, he doesn't work drives a nice new Lexus, explained to me how he was on workers comp with a back injury so he was hustling to make money. He's originally from Taiwan but told me he's cashed in 6 figures from taking salvage titled cars here and shipping them to China where he's got a shop he does work with that'll fix them up and do the body work, he says high end x6's and those type of vehicles only as they will sell for double and upto triple what they go for here. He says all in for a car he'll be in for upto 20-25k, it gets rebuilt, he says they dont keep salvage info and accident info in China cause they run on different systems? and then the shop owner sells the car for him. He says the deal is he'll get about 50k so makes about 30k per car, and the shop owner takes everything above that and hes sure the shop owner sells them for 100k as a new one can go for over 200k for like a cayenne... but he says he cant keep cars in stock. I don't know if the kids full of shit or hyping up his little side biz which may make something but not as much as he says but I know his family doesn't have shit so the money is coming from somewhere and he flashed me his moms chinese bank account to show 6 figures and the multiple deposits being made, kids love to sound impressive but if its real it is pretty impressive. Have no idea what to make of it, but I did a google search and new car exporting is illegal, old cars is fine but expensive to export so maybe the salvage is a way around that? Thoughts China experts?
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