How Do You Open A Used Car Lot?
Opening a used car lot can be a financially rewarding business. You gain access to exclusive dealer auctions, get to drive almost any kind of car you want and have an opportunity to make a name for yourself in your community. Purchase or lease a property suitable for business. High-traffic locations are ideal because that will increase inventory visibility. The property must have suitable lot space for the number of vehicles you plan on keeping in inventory. It needs an office as well, but the office does not have to be large. Consider the number of employees you will have (if any) to determine how much office space you need. Set up a telephone line at the location. The number must be in the business name. Multi-line systems are preferred, but a single commercial phone line will work if you are starting off small. You’ll also need a sign for your business displaying the telephone number and name. This is required to apply for your dealer license. Printing companies can help you make an
