Ep 12. Texas Capital Gains

In season 2 episode 12 of The Car Chasers, titled Texas Capital Gains, Jeff Allen and Meg Bailey are on a mission to find valuable cars in Texas that they can buy and sell for profit. The duo starts off in Dallas, where they visit a collector who has a rare 1964 GTO and a 1967 Camaro SS. Jeff and Meg negotiate with the collector, but he is not willing to sell his prized possessions.

Jeff and Meg then head over to Houston, where they meet a collector who has a collection of classic cars. They spot a 1957 Thunderbird and a 1965 Ford Mustang, and are eager to make an offer. After negotiating with the collector, they are able to buy both cars for a reasonable price.

Next, they visit a man in Austin who has a 1970 Plymouth Roadrunner that he wants to sell. Jeff and Meg inspect the car and notice that it needs some work. They negotiate with the seller and agree on a price, knowing that they can restore the car and make a profit in the end.

After securing a few valuable cars, Jeff and Meg head to the Car Chasers shop in Lubbock, Texas. They greet the rest of the team, including Eric Ables, a master mechanic who specializes in restoring classic cars. Eric takes a look at the cars that Jeff and Meg have purchased and gives his expert opinion. He points out areas that need work and estimates how much it will cost to restore each car.

With a plan in place, the team gets to work on restoring the cars. They work tirelessly to fix up the cars and make them suitable for resale. Jeff and Meg also focus on finding potential buyers for the cars. They attend car shows and auctions, hoping to find the right buyer.

As they work on restoring the cars, the team faces some challenges. They encounter unexpected issues with the cars that require more attention and money to fix. Jeff and Meg must also navigate the world of buying and selling cars, dealing with difficult buyers and negotiating prices.

Despite the challenges, the team perseveres and eventually manages to sell the cars for a profit. They are able to turn their initial investment into a significant gain, proving that their business model works and solidifying their position in the world of car flipping.

Overall, Texas Capital Gains is an exciting episode of The Car Chasers that showcases the team's expertise in finding, restoring, and selling classic cars. With a mix of negotiation, restoration, and business savvy, Jeff Allen and Meg Bailey prove that they are skilled car chasers who know how to turn a profit.