How to Become an Auto Dealer

Thứ bảy - 27/04/2024 01:08
Becoming an auto dealer is a process that requires an investment of time and money, but that can yield high profits. A car dealer may operate in several different modes in order to make money: running a used car lot, buying/selling...
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Becoming an auto dealer is a process that requires an investment of time and money, but that can yield high profits. A car dealer may operate in several different modes in order to make money: running a used car lot, buying/selling wholesale cars on an as-needed basis or investing in a franchise branch of an already-established auto dealership. It does not take a formal education to deal cars, but it does take some training. This list describes the steps it takes in order to become an automobile dealer.

Steps

  1. Step 1 Save your money.
    Almost every step toward becoming a car dealer will cost you money. Depending on the type of business you want to run and the amount of inventory you plan on holding, your costs can run anywhere from $30,000 to $1,000,000 or more.
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