Hey all, I have a relatively cheap to fix 2004 Honda Civic. It gets 40+ mpg and runs me 50 bucks a month. It has 150k miles and a good amount of life left but is not worth anything trade in/resale (over 1000-1500 maybe) due to a reconstructed front end from getting hit years ago (I rattle canned it and patches everything in)
I have been purchasing gym equipment on classified sites (fb marketplace, craigslist) etc for resale. I have taken all the seats out of the civic and have managed to fit 700lbs of weight at once, rowers etc into it.
The problem is the profit margins on specialty and larger sets is high. There were 1600lbs of weights this weekend that had a potential margin of $600 or so. There's a large machine for 200 worth 400. etc. The local dealers can get there no issues. I can't transport it.
I have been given a massive single axle 18ft by 10ft trailer by the girlfriend of 7 years recently retired father. While it will need some re-welds it makes it much more feasible for me to make the jump to buying larger sets of equipment/going directly to gyms and making this a larger thing (granted I'll need a storage area/unit etc).
My questions is what kind of vehicle should I be looking at? Trucks are insanely expensive (although I'd consider leasing one if I used it for plowing in the winter). Suvs are all over the place with mpg and tow ratings and such. I'm thinking a smaller suv (rav 4 or similar?) but am unsure of the most mustachian way to approach this. It's an odd scenario in that I have my perfect cheap drive it til it dies car but for me to enter this field I will need something that allows me to transport larger weights, sizes and quantities of gear reliably.
Current financial situation
26
last school semester
net worth-
54500 cash/liquid in current tech assets
22000 roth ira
25-30k year (possibly 40 this year depending on this quarter)
assorted others (homegym, car, electronics in home, appliances)-8k?
liabilities
11k student loans (no interest due until next July, was going to pay them off with credit cards over the next 9 months and save 25% in rewards)
assorted credit cards (700? set to pay off full balance monthly)
mortgage (110k, home valued at 190)
monthly living
1300 gas, utilities, mortgage, insurance, prop taxes
480 roth ira contribution
thanks