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How to start a used car sales business

       


Vote:
Asked by
Jesse


How to start small business of seconds car sales
0     In Used

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Andy

"Starting a used car sales business can..."



Starting a used car sales business can earn you big if you establish it correctly and run it efficiently. Make sure you have a big space for your garage and that it is highly accessible to people. Where you`re getting those used cars for your dealership business is also an important issue. Finally, good marketing strategy and quality service will make you go far. /john ice


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Q. How do you start up a car sales business?
i've visited a few car lots recently and it got me thinking as to how these car traders start up their businesses. i'm not talking about car dealerships, i'm looking to know about the small independent car sellers and how they got going. (this is a uk based question only as i don't live in the usa) thanks!


"Speak to your local business link for free information on setting up your business..."



Speak to your local Business Link for free information on setting up your business. They have information for specific industries as well as general stuff. One of your key things is location. Finding premises on a site where people can see what you have on offer as they drive past and where they have room to park to visit you are important. The other key thing, as with most businesses is marketing. How are you going to compete with everyone else who's doing this? Again, Business Link has good information on this. Good luck!


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Q. What would i need to start a "car part sales business" ?
hello everyone i live in ontario canada and i wanted to get something started with my life and i was thinking about starting a business selling car parts. i was thinking about getting them from japan for a cheap price and selling them here for a low price, this is all completely new to me and i just got the idea from my father and was wondering if i would need to have existing contacts in japan or if u can gain them through the internet or from another source. another question would be about the financial aspect of this. i have bad credit right now and close to bankrupct so it would not be possible for me to get a bank loan, what other options do i have? also how much would i need aproximatly to start a new business like this one. not a huge shop just small enough to run something. if anyone can help me out with tips, info, web sites, or anything else would be greatly appreciated. thanks again


here's a link to them on ebay business.



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Q. If i wanted to start a used car sales business what would i need to get started?
often curious, but never really wanted to ask someone in the business. i guess/think that i'd get faulty info.


"An accountant and lawyer would help in obtaining the proper licenses and business plan..."



It depends on your state laws. You need an office and lot to display cars. An accountant and lawyer would help in obtaining the proper licenses and business plan. Sell quality used cars, start small and build your reputation, the you can expand. I am in Ontario where the laws are a bit strict, I am thinking of doing the same.


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Q. How or where do i find out how to start my own business: used car sales in california?
i want to open up a used car dealership, something small under 25 cars for now i'm sure. so what my real question is maybe, do i need to start a business or get a license to sell cars? do i need a lot? can i just do it from home?


Here's California's how to handbook: http://www.dmv.ca.gov/vehindustry/ol/ol_handbooks/ol248.pdf Search engines are wonderful things.



Votes: 0
 

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Q. How do you start your own car sales business?
my husband is looking to start his own car sales business. he has experience in cars as well as some mechanical experience. it has been a long lasting dream of his to sell cars and he would love to start up his own business. my question is: what is the best way to get into this busniess? what will he need? would it be better to start of small, selling at home or to rent a unit to sell from? he wants to deal with cars between the price of £1000 and £5000 (selling price - not buying price). how much money do you think is required to start up? any guidance, advice or experience would be very much appreciated. thank you.


"3- find a vacant lot on which you can sell used cars..."



Its a long process to get it done on the proper way, but as you mentioned to sell cars from home? you can not do that. You cannot park and sell cars from your drive way. Your husband should do the following: 1- Register your business, acquire a business permit and complete all legal paperwork. Create a business plan and find funding and employees. 2- Apply for a wholesale or a vehicle dealer license, you will need a license before you can sell used cars. 3- Find a vacant lot on which you can sell used cars, you need to acquire a sufficient space and not your drive way. 4- Go to auction, also attend police auctions, since you are not allowed to test drive used cars from auction, make sure you and your mechanic thoroughly inspect it, your knowledge here will come handy. Maybe you can start with as little as two or three cars, but you shall need to have a sufficient amount of money to start with to cover the price for the vehicle and any work need to be done to make a profit.


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Votes: 0
 

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Q. Where can i find 100% free business start up grant?
i have clients and i just need a building/lot and to officially start my car sales business. i also am in the real estate business. i need a 100% free grant. can anyone help?


"Minority business owners involved in transportation related contracts..."



It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for starting a for-profit business. One possible exception is for companies developing or exporting agricultural goods, including food and forest product. Another exception could be the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs http://www.sba.gov/aboutsba/sbaprograms/sbir/index.html , which fund the research and development of technological innovation that meets specific government needs. Your best bet actually will be from the states if they offer grant programs for women (or any other special interest groups -- minorities, women, disabled, veterans, etc). Or check with non profit organizations, particularly women organizations if they offer grants. Examples include Iowa Women's Foundation http://www.iawf.org/ New Mexico Women's Foundation http://www.nmwf.org/guidelines.html Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/mostrequesteditems/CON_FAQ2.html "The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments." Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture. Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business -- THERE'S NONE. http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs


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Votes: 0
 

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Q. Is used car sales business profitable? i live in harrisburg, pa?
i would like to start a used car sales business, i already have a building and a parking lot. i would like to go to dealer auctions and buy used cars. do you think it is a profitable business? any suggestions?


"It can be profitable and you could earn a pretty decent living...just make sure..."



I'm sure it can be profitable and you could earn a pretty decent living...just make sure you know all of the laws for your state and county (yes counties have their own little sub-laws). But, most importantly do not become a rip off artist. This practice gets many used car dealers in much hot water!!


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Q. Car boot sale regulations - business start up?
i am currently looking into the prospect of coordinating a car boot sale and market within the county of yorkshire. i am writing to seek advice in regards to regulations i would have to abide by when running the event it would be greatly appreciated if anyone who has started a car boot sale could reply. regards


The local council in the area that you wish to trade will provide all the rules and regulations for you. It is also worth contacting trading standards and the health and safety commission. You will need to be trading legally, with everything above-board, in order to hold valid liability insurance.



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Q. How much amount is needed to start car decor business?
i want to start a car accessories business , can say want to open a shop where i can sale all car accessories, how much money is require to start car decor business , want to know the maximum amount to buy all car accessories?


Go to http://www.score.org/template_gallery.html and download the Excel template for estimating start up costs.



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Q. I need an opinion of someone with experience in the used car business?
in attending auctions in my area im finding the competition to be pretty tough . i am a master mechanic and hope to combine used car sales and doing service work to keep me going while i build my sales business..in all honesty how hard will it be to make a living starting out..im making about 85 k at my present job and must replace my income whithin 3 months of start up..i have a dealer liscence and enough start up cash(100k)..


"You might try out http://copart.com salvage cars competition is rough in any automobile business..."



You might try out http://copart.com salvage cars competition is rough in any automobile business. hope this helps. you can try it out for free here http://mycar.com.gt go to the last link #6 click on it then go to car finder


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Q: How to start a used car sales business?
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