The Group CEO done this business for trial purpose for one year. One close friend with whom the CEO shared his office was in the same line for many years. This business is dependent on insight of purchase of second hand car. Of course, you can hire a qualified automobile engineer now a day for evaluation.
This business has lot of potential as many middle class people buy second hand cars. This business is not done professionally by many dealers. So we have a chance to make more & more profits from it.
Also the space aspect occupied by each car has to be taken into account. To do this business, you should have more capital than any other business except land where the capital requirement is in crores.
The return on your capital is around 100% in a year.