And as you've posted, was only possible once. Since then Beepi changed their numbers where you couldn't flip again, and now they are no longer operating as Beepi
Similarly, I was only able to buy my $44k MSRP gen1 volt new at $21k, once. Since then GM hasn't discounted the MSRP by $5k (yet) and my state got rid of their wonderful 10% base MSRP EV rebate. The moons only aligned for me once, from here on out, I doubt I will ever be able to repeat it again. At the buy, I could have traded the car in for more equity (as soon as the rebates arrived), but then I'd be in a position where I had to buy another car and pay too much for it. And if I didn't time it right, I would have been royally pissed if I was one of the EV owners who submitted my state rebate form and was told that the program was suspended and I would get zero.
Flipping cars is usually never a good thing as most new vehicles lose $5-10k as soon as you drive it off the sales lot. Bro got lucky once, just as I got lucky once.
Yeah, the $4,700 deal was more or less a fluke, but I also leased and flipped 3 other vehicles this year, and I basically broke even on those deals. Let's see someone purchase and flip 3 new cars within 3 months of buying them and come out even. $0 down Cruze lease flipped into a $0 down Spark EV lease flipped for ANOTHER $0 down Spark EV lease that was eventually sold privately....net result was around $600 to drive a Cruze + 2 Spark EVs around for 7 months? Or less than $100/month leasing a total of 3 cars over that time period. I'm not even counting the 2 free $500 Bosch L2 EVSE units I received for leasing the Sparks.
Plus like you said, your $44k Volt for $21k purchase was a 1 shot deal. That is definitely NOT repeatable.
My 5th lease (2017 Volt), I will come out ahead once I transfer it to someone else next month. $0 down, with a monthly payment of $261, so my total out of pocket will be $261 x 6 = $1,566.
However, I banked a $2,300 MD EV rebate for leasing the Volt, so my actual out of pocket will be 2,300 - 1,566 = $734. As in a $734 PROFIT leasing my Volt for 6 months.
My BOLT, I will be purchasing, however.