One word answer: Yes
There are many cataolg companies that sell wholesale but I'm not sure if you need to be a dealer to buy from them. Personally, I have quite a few cars for sale below wholesale.
One might find that there really isn't a 'purpose' of a wholesale car, but instead one will find that a wholesale car is used as a quick transaction between wholesale car dealers. A wholesale car dealer cannot sell cars to the public, but can sell cars to other dealers.
No Wholesale is what dealers sell to big accounts at, Think Enterprise Rent A Car as a Dealer's customer getting Wholesale. Dealers Get "factory" pricing
A wholesale car dealer is a car dealer that cannot sell vehicles to the general public, and can sell only to other car dealers.
A distributer will sell wholesale goods to a retailer/dealer. The dealer/retailer will sell the same good at a profit to the consumer.
There are my different things a wholesale dealer can do. They can buy and sell at any auction in the US, they can buy and sell to any registered dealer. I know a few people that use it to buy cars, since they have a Tax ID number, they don't pay tax when the car is bought so they export cars out of the country for cheaper. You can also sell to the general public by using a retail dealer to broker the deal. Since a wholesaler also has access to salvage auctions, you can buy cars for parts, lot of body shops like this. the good thing about a wholesale license is that is a lot simpler to obtain than a retail license. I actually got help getting my wholesale license with dealerauctionaccess.com they were very professional and were even able to provide me with a insurance company that helped me get the required insurance and bond needed.
at the dealer or a privatte dealer that has exotic cars
Yes, you can. But you can not sell it to the public, you must sell it to another dealer, or another dealer must run it thru there books.
AnswerYou can sell to the public it is just a little more complicated. to make a long story short what happens is you find a buyer then you find a dealer which you sell the car too who will then sell the car to the customer for a agreed price. You pay the dealer a certain amount of agreed money before the transaction is final.
As a wholesale dealer, you can sell the car for any price the market will bear. Be that wholesale price, up to retail and even higher. Bascially you are a used car dealer, and not a retail dealer as in a manufacture dealership. There is no limitation on the price you can sell a car for other than the free market system. Supply and demand.
no. as a private seller you are allowed to tranfer(sell) up to 5 cars for each 12 month period. however it has to be without the intention to make profit. if you are intending to make a profit you are not allowed to sell any cars without a dealer license. there are 2 types of license that i know about, wholesale, in which you can sell up to 25 cars per year but only to other dealers not to the public. if you wanna sell to the public you need a retail license. with a retail license there is no limit as to how many cars you can sell but you need a 50,000 bond versus a 10,000 that you need for a wholesale license.
you can sell a max of 15 cars a private owner