This article was co-authored by Bryan Hamby and by wikiHow staff writer, Eric McClure. Bryan Hamby is the owner of Auto Broker Club, a trusted auto brokerage in Los Angeles, California. He founded Auto Broker Club in 2014 out of a passion for cars and a unique talent for customizing the car dealership process to be on the buyer’s side. With 1,400+ deals closed, and a 90% customer retention rate, Bryan’s focus is to simplify the car buying experience through transparency, fair pricing, and world class customer service.
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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.
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