How to Become a Used Car Dealer
To become a used car dealer, you will first need to decide if you want partners or not, write up a business plan, and obtain some capital. You will need funds to purchase, or rent a suitable place of business, purchase the vehicles you will then sell, and running costs for approximately 6 months. Once you have all of this in place, obtain the appropriate business license, and any other requirements your state may need, such as a surety bond, dealer’s license, and anything else needed. You may also want to consider joining local business groups to help network and advertise you and your business.
