Most people scrolling Facebook Marketplace are looking for a used lawn chair or a kid’s bike. The Flip Shop spotted something a little more exotic: a set of wheels that came off a Ferrari. According to The Flip Shop on YouTube, an $800 offer on those wheels, plus a $400 powder coat, ended with a buyer agreeing to pay $3,200.
The wheels were one of five flips in a single month. The creator says those five Marketplace items added up to over $4,000 in profit. Each flip gets a quick breakdown, along with the occasional popup of a profit counter in the corner of the screen.
The First Flip: A Dirty Dirt Bike
The month started with a 2012 Yamaha TTR50 with electric start. The bike ran and drove great, aside from being really dirty and covered in vinyl stickers that had to come off. The first stop was a local car wash, where a pressure washer cleaned the bike and stripped the stickers at the same time, which the creator describes as killing two birds with one stone.
The bike came from an older gentleman who had replaced it with a brand new Yamaha for his grandson. He wanted this one out of the way, so he let it go for only $450. The creator listed it on Marketplace for $1,200, figuring that something like this would be in high demand around Christmas. After four days a buyer showed up, and the two agreed on $1,050. The bike needed nothing else, which left a profit of $600.
The Ferrari Wheels
The second flip is the one in the headline. While scrolling Marketplace, the creator found a set of original Ferrari wheels that came off a 1999 Ferrari 360 Modena. They were listed for about $1,000. The seller’s description said the tires were spent, but the wheels were in great shape with no significant paint defects or scratches. The listing also said the seller wanted a quick sale and would take offers, which is what OBO means: or best offer.
Seeing the listing, the creator knew it was at least worth a shot. Before making any offer, the creator checked eBay for comparable sales to see what wheels like these were selling for, and that research showed there was profit to be made. The offer was $800, and the seller accepted.
Next, a local powder coating shop sandblasted the wheels and coated them in gloss black. That job cost $400. With the purchase and the finish, the creator had $1,200 invested in the set.
Finding A Buyer For Something Unusual
Then came a surprising admission. The creator says there was no idea what the best way to sell Ferrari wheels was, but there was confidence that they were worth more than the money invested. So the wheels went up on Marketplace, and they were also posted in a few Ferrari for-sale groups, which is what ultimately led to the sale.
The buyer agreed to pay $3,200 but lived far away, so the wheels were boxed up and shipped to his door. The payment that landed in the creator’s bank account was a little less than the agreed price, because of fees charged for buyer and seller protection so that nobody got scammed.
The profit breakdown is simple. The wheels cost $800, the powder coat cost $400, and shipping added another $200, bringing the total investment to $1,400. After fees the creator received around $3,150, which left a profit of $1,750 on that one flip. Added to the $600 from the dirt bike, the month’s total reached $2,350.
The Other Three Flips
The next find was a well kept 2007 Polaris ATV, listed with a note that it had just been serviced. In person it was in better shape than expected, with new rear tires. After a car wash and some shine on the tires and plastics, the creator negotiated the seller down to $700 and later sold it for $1,200, a profit of $500.
A 2014 Honda CRF125F was a rougher story. The listing promised phenomenal shape, but the photos were years old, and the bike had a broken chain guard, spray paint overspray and plastic held together with zip ties. The seller had asked $1,500, but after the creator pointed out every problem, the price dropped to $950. A wash, a quick oil change, a new air filter and spark plug, and satin touch-up paint made it presentable. It sold for $1,500 within the week without any haggling, a $550 profit.
The last flip was a 2002 Polaris Scrambler 50 with very low hours that had not run in a while. The seller wanted only $300 to get it out of the way. The problem turned out to be a fouled spark plug, a common issue with two-stroke engines. It sold for $900, a $600 profit, and pushed the month to $4,000.
What Anyone Can Learn From These Flips
Most of us are not going to stumble across Ferrari parts, but the steps in these flips work for everyday items. Check comparable sales first, because that research is what gave the creator the confidence to make the offer. Make an offer, since the wheels were listed with room to negotiate and an $800 bid was accepted. Clean the item up before taking photos, as the bikes got a wash and fresh shine. Know your numbers, including shipping and fees, so the profit is easy to figure.
It is worth keeping a realistic view of all this. These are the creator’s own numbers from one particular month, and results will vary. Finding underpriced items takes time, and some of it takes luck. But the habits are free to copy: do your homework, make a fair offer, put a little work into the item, and know your total costs before you sell.
If you have a garage full of things you no longer need, that is a good reminder too. The item gathering dust on your shelf might be worth more than you think, and a quick look at what similar items have actually sold for could be well worth your time.
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