Sold some oil today

[53' Stude]

So, having over 500 quarts of oil, took moms advice and sold some motor oil I’d probably never use. Sold some Multi Vehicle ATF(CarQuest brand) some CarQuest 15w40 and some Dexron VI. Sold that all for $40. Sold 11 gallons of SM MAXLIFE 15w40 and 3 gallons of DELO XLE 10w30 SM/CJrated stuff also for $38.


Yeah I’m a fool and could’ve sold it for more but I have a heart and took a loss on the stuff. One buyer was older gentleman that has diesel stuff and tractors. Other guy has 4 GM products. Thought I’d share my “trimming the stash experience”. Happy Sunday BITOGERS

 

[CleanSump]

Cash to go buy more

 

[JohnnyJohnson]

My goodness Adam I hope you don't slip into withdrawal! Bang just like that cold Turkey and all!

 

[Dave Hess]

I try to limit my supply to 100 quarts, but that’s for 6 family members cars.

Nice of you to sell it at a discount.

 

[53' Stude]

I try to limit my supply to 100 quarts, but that’s for 6 family members cars.

Nice of you to sell it at a discount.

Yeah, and hopefully local “Good Wheels” used vehicle place will buy some from me

 

[53' Stude]

My goodness Adam I hope you don't slip into withdrawal! Bang just like that cold Turkey and all!

Nah, I’ll be ok, have bunch of QSGB 5w20 EDGE HM 5w30 and EDGE 0w40 to use

 

[Zee09]

These days I buy when I need it.
Good job.

 

[PeterGreen]

So, having over 500 quarts of oil, took moms advice and sold some motor oil I’d probably never use. Sold some Multi Vehicle ATF(CarQuest brand) some CarQuest 15w40 and some Dexron VI. Sold that all for $40. Sold 11 gallons of SM MAXLIFE 15w40 and 3 gallons of DELO XLE 10w30 SM/CJrated stuff also for $38.


Yeah I’m a fool and could’ve sold it for more but I have a heart and took a loss on the stuff. One buyer was older gentleman that has diesel stuff and tractors. Other guy has 4 GM products. Thought I’d share my “trimming the stash experience”. Happy Sunday BITOGERS

With the cool web name you use , I doubt that you are a fool

 

[kneesahn]

How are people selling oil, Craigslist? I have a 12 pk of atf and 12 qts of a grade I don’t use anymore I’d like to get rid of.

 

[AZjeff]

Buy low - sell lower. Not going to listen to your investing theories.

Are you going to (try to) keep less than 500 quarts on hand going forward?

 

[53' Stude]

How are people selling oil, Craigslist? I have a 12 pk of atf and 12 qts of a grade I don’t use anymore I’d like to get rid of.

Nope, put it on Facebook marketplace. Word of mouth to some friends over line in Ohio is how sold the rest

 

[53' Stude]

Buy low - sell lower. Not going to listen to your investing theories.

Are you going to (try to) keep less than 500 quarts on hand going forward?

Good question. I’ll try to keep it around or under 100 quarts

 

[JohnnyJohnson]

Good question. I’ll try to keep it around or under 100 quarts

Goodness only 20 Jugs? Is your GF pressing you for shelving space in your garage. LOL just razing you Adam!

 

[53' Stude]

Goodness only 20 Jugs? Is your GF pressing you for shelving space in your garage. LOL just razing you Adam!

I don’t have a gf yet. It’s 5 quart jugs, gallon jugs and individual quarts.

And some cases CQ SAE 30

 

[blufeb95]

I've been selling oil throwing it up on the local buy it sell it trade it group, I've sold like 80 of the jugs I got from the glitchmart fiasco and made about $950 so far, well $750 in profit.

 

[mahanddeem]

I've been selling oil throwing it up on the local buy it sell it trade it group, I've sold like 80 of the jugs I got from the glitchmart fiasco and made about $950 so far, well $750 in profit.

You pay tax on that profit? By the law you should just saying.. Definitely taxable.

 

[blufeb95]

You pay tax on that profit? By the law you should just saying.. Definitely taxable.

Thank you for that unnecessary holier than thou comment, mister mahanddeem.

 

[pbm]

You pay tax on that profit? By the law you should just saying.. Definitely taxable.

What you posted is funny but the way things are going it may not be a joke soon...

 

[Warlord]

Sacrilege! What if you need it someday?

 

[4WD]

You pay tax on that profit? By the law you should just saying.. Definitely taxable.

Yep, and going forward - never buy/sell $600 worth