Flippin’ cars

There has been a few posts on here about flipping cars, one was just yesterday concerning a beautiful 72 340 Demon. I have mixed feeling about flippers. On one hand I feel like it is free enterprise at its best, buy low-sell high. On the other hand there seems something a little wrong about it. I saw a guy in my local car club sell his car to this guy that told him a sob story about how he was low on funds because of medical bills, kids in college and so on. So my buddy dropped the price and gave him a great deal, one week later, the story telling new owner sold the car for a huge profit. What are your feelings on fliipers ? Also, how long is an acceptable amount of time to wait before reselling a car so your not considered a flipper ?
Author: admin