Hey guys, I saw an article from Goldman Sachs about ai was going to reduce and degrade 300 million jobs over the next 10 years. There will be less of the jobs we are currently doing, in the way that we are dong them. What concerns a lot of people are the fact that the “Professional jobs”, entry level programmers, auditors, law clerk, and more, will be lower paid in in lower demand. Ai will be able to diagnose illness as good (or better) most experienced doctors. Ai is already assisting in certain surgeries. So, I looked into my crystal ball and can see how AI is likely to significantly impact the car flipping industry in various ways. Here are some examples of how it might affect the way you make money selling cars:

1. AI-driven vehicle valuation tools: AI-powered tools can analyze vast amounts of data, including market trends and historical sales, to provide accurate vehicle valuations. This could help car flippers to determine the right buying and selling prices more effectively, maximizing their profits. However, it also means that both buyers and sellers will have access to similar information, which could make it harder for flippers to find underpriced cars to buy.
2. Enhanced marketing and customer targeting: AI can analyze customer data and preferences to help car flippers identify their ideal target audience and tailor their marketing efforts accordingly. This can lead to more efficient and effective marketing campaigns that attract potential buyers. However, as AI becomes more widely adopted, competition for the same customers may also increase.
3. Virtual showrooms and online sales: AI-driven platforms can create virtual showrooms and facilitate online sales, making it easier for car flippers to showcase their inventory to a broader audience. This could lead to increased sales opportunities, but also increased competition from other sellers leveraging the same technology.
4. Automated inspections and maintenance: AI-powered systems can perform vehicle inspections and identify potential maintenance issues. Car flippers can use this information to fix issues before selling a vehicle, ensuring they provide high-quality cars to their buyers. However, increased reliance on AI for inspections may also lead to higher upfront costs for car flippers who need to invest in these technologies.
5. AI-enhanced financing and insurance options: AI can help to evaluate a buyer’s creditworthiness and offer tailored financing and insurance options. This may lead to more potential buyers being able to finance their car purchases, increasing sales for car flippers. However, the same technology could also be used by traditional dealerships, intensifying competition in the market.
6. Self-driving and electric vehicles: As AI advances, the demand for self-driving and electric vehicles may increase, potentially altering the types of cars that people are interested in buying. Car flippers may need to adapt their inventory to accommodate these changing preferences.

So, you can see that AI has the potential to both help and challenge car flippers in various ways. It can provide tools that streamline processes, improve marketing, and offer enhanced services to customers. However, the widespread adoption of AI may also increase competition and change the types of cars that are in demand. What can you do? Set up an email marketing campaign and develop a loyalty program amongst your customers. The money is in the follow-up (email marketing) and the loyalty program will bring you more customers organically without you having to search for them. This allows you to save money/time in marketing and charge a little more!