Used moped and scooter reseller

Students, city commuters, people who lost a license or want cheap transport, and hobby riders looking for a first scooter.

You keep the difference between your purchase price plus repair costs and the selling price. Extras like helmets, locks and basic accessories add a little more per sale.

• Spotting good deals and judging a bike's condition
• Basic small-engine maintenance
• Writing clear listings and taking good photos
• Negotiating with buyers and sellers

• Many states require a dealer license once you sell more than a few vehicles a year, so check your state's rules before you start
• Title and registration rules for mopeds vary by state; some require titles and others do not, so check how to transfer ownership properly
• Stolen or title-less bikes are a real risk, so verify ownership and VIN before buying
• General liability insurance and any garage or storage coverage for stock; check HOA, lease or zoning rules on running a business and storing vehicles at home
• Selling a vehicle with a safety defect can bring liability, so be honest in listings and consider selling as-is in writing

Estimates suggest startup costs typically around $2,000 to $10,000, depending on how many bikes you buy and how much repair work they need. Monthly revenue is typically estimated at around $800 to $5,000, depending on your buying skill and local demand.

Check your state's rules before you start, as many states may require a dealer license once you sell more than a few vehicles a year. Also check title and registration rules for mopeds, which vary by state, and how to transfer ownership properly.

You'll need an eye for good deals, judgment of a bike's condition, basic small-engine maintenance, clear listings and negotiating. Estimates suggest at least around 8 hours a week. Verify ownership and VIN before buying to avoid stolen or title-less bikes.