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Client: Frank T. (Buffalo, NY)
Vehicle: 2003 VW Passat
Book Value: $17,789
Purchase Price: $9,050
Savings: $8,739

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Client: Chris W. (El Cajon, CA)
Vehicle: 2002 Ford Expedition EB
Book Value: $18,944
Purchase Price: $8,000
Savings: $10,944

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Client: Cliff S. (Ft. Worth, TX)
Vehicle: 2002 Hyundai Elantra
Book Value: $9,975
Purchase Price: $475
Savings: $9,500

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Hi,
Me and my friend is looking to open a used car dealership in California since we both are into car and know a lot about cars. Is it hard to open a small dealership or can we sell car from our own garage? We are looking to just buy few used car and sell them and then buy more later, so we are not looking to buy a lot at once.
Can this be done?
Please give me some advise,
Thanks

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3 Comments »

  1. Just give 5 seconds glance on each of these website urls
    http://www.squidoo.com/cardealershipbusiness
    http://www.ehow.com/how_2257345_become-car-dealer-california.html
    http://www.dmv.ca.gov/vehindustry/ol/dealer.htm

    If you read them, I am sure you are much aware of what needs to be done to become a car dealer.

    Regards,
    Responder

    Comment by responder5 — March 21, 2010 @ 4:15 pm

  2. Start by getting a Vehicle Salesperson License.

    Comment by The California Kid — March 21, 2010 @ 4:15 pm

  3. A license. Commercial property in a properly zoned area, with at minimum an office. Lots of insurance. A tax number to collect sales tax. Temporary plates (dealer ID number), and the list goes on. Last thing on the list is a LOT of cash to keep running until you finally get established and start showing a profit.

    Comment by oklatom — March 21, 2010 @ 4:15 pm

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