Profit and the word free do not go well together. Or do they?
I have pondered on a new experimental endeavor in which I intend to give away my 17 year old Honda Prelude, cause there is not much chance anybody would want to buy one for the amount of money it is actually worth (mainly due to high gas price/consumption and registration fees).
But how can you say NO to a free car? That’s exactly my point:”You can’t!”
You can drive it, because after all it is a Honda and it will work for 127 years to come. It’s a coupe so it looks better than 99% of the cars on the road today.
You can sell it and make a profit for yourself. (It is one of the most tedious tasks in the world for me, therefore I am challenging myself to find a better and more “exciting” way to “get rid” of my car.
You can put a cubic meter of soil into it and plant a big ass palm tree in it, whilst placing it in the middle of your garden. I am not saying you should do it, but you could.
All in all I have no preoccupations with the cars future.
Yes, profits! I have compiled a short list of possibilities of getting rid of the car, whilst making a profit. Hopefully the list will increase with your input (suggestions in the comment area are very welcome).
(For the experiment sake, lets presume I would like no less than 1500€ for my car)
- Issue 5€ coupons in a mass format for a chance to win a 1995 Honda Prelude and hopefully reach the 300 number and raffle someone out. Everything over 300 coupons sold would be my profit and everything under 300 would be a “loss”. The issue with this is the fact that it would be illegal, cause its considered to be “gambling” therefore I would need the concensus from the government (good luck with that).I could raise the ante to 100€ and just focus on 15+ bidders and get it over with as soon as possible, but I wouldn’t be insane to write about it on my blog. Or would I be?
- I could get a product already being sold by another vendor and pump up the price tag for 5-10€ whilst incorporating the “coupon” for the “Honda Prelude raffle” in it. This is more legit and would go well with some sort of insurance, brand related or used car related product. (Your ideas on this are welcome in the comment box bellow.)
- I could make a single-page sales page, which is actually a squeeze page on which you can enter the Honda Prelude raffle, but all you need to do is leave your information and accept the terms, that we can send the information to a local Honda dealership for commercial purposes in the future. I especially see potential in this one, if the local Honda dealers are aware of how much a list of lets say 10 000 people interested in owning a Honda is worth. Would it be worth 1500€ remains to be seen. Testing and negotiations is key.
- I could get a company (either directly or via a media dealership) to invest in a 1-2-3 year contract of having the Honda Prelude totally wrapped in their branding, with the obligation of the raffle recipient that he/she cannot remove the stickers/wrap for that period of time. This could go well together with the 3. Step. (The car in the picture is not a Honda Prelude)
This is what my brain cells have come up so far. NOW ITS YOUR TURN!
Any feedback, any ideas, any crazy plans, anything and everything is welcome!
I am looking forward to your comments and ideas.
To your online success, Igor Buyseech
P.s.: This entire process can be done for any car or any other item of similar value or caliber. Give it a try and let me know how it came out.