When is Flipping Cars Morally Wrong?

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lucilabius

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Is it moral to flip cars, specifically in situations in which you rely on another’s ignorance to gain a profit. For example, would it be morally wrong to buy a car that someone is selling for, say, $100, if the actual value is $1000, and then immediately sell it for $1000 profit? If not, at what point would it become morally wrong?
 
You’re ALLOWED to turn a profit.

Your NOT ALLOWED to lie.

Furthermore, if you don’t have a Maintenance Record and CARFAX Report I’m not buying from you.
 
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It’s morally wrong if you misrepresent the condition or history of the vehicle or otherwise mislead the buyer from making an informed choice.
 
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