answersLogoWhite

0

Becoming an auto dealer is not a simple process. First you must take state-mandated auto certification courses and then get certified. After that you must choose a location and name for your business and the type of vehicles you wish to sell. You must then obtain a zoning letter to get city approval for your dealership. After this you must obtain a surety bond which is at minimum $10,000. Then you need to get a business license from your state. Finally you must get your business inspected by the DMV. After all of that you can be an auto dealer. Becoming an auto dealer is not easy and not a short task, so if you want to become an auto dealer it is important to make sure your heart is really in it.

The one thing to remember is that you can never have too much capital. Capital trumps inventory, sales personal, and most other aspects. Without sufficient capital your dealership will never weather the rough times or have the flexibility to manage your inventory dynamically.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

How do you buy 2003 ford windstar blend door actuator?

Just give info to the auto parts store. They should know what it is. If not the dealer will know.


How do you know if an auto dealer is honest?

If you are under the impression that the auto dealer tries to overwhelm you and make a purchase that you did not intend on making...RUN! He can not be honest.


How long does it take a auto dealer to know the bank approved your loan?

minutes or second depends on the computer the dealer is using


How do you program a key for a 2006 Honda ridgeline?

i know a few mechanics and as far as they know, only an auto dealer can program keys for vehicles. you have to take the vehicle to a dealer of the same make of the vehicle.


Where to buy a complete wiring harness for a 1989 Z24 convertable with auto?

the dealer or a salvage yard are the only two places i know of


How do I know if a used car salesman is reputable or just trying to sell me a lemon?

If a used car dealer is truthful and the cars are tested and certified, then it is a well good and known auto dealer that you can trust.


How might one qualify for an auto loan with bad credit?

One might qualify for an auto loan with bad credit by applying for dealer financing. It is best for one to know their credit score before applying for an auto loan.


How much would a vauxhall corsa eco cost 3 dr?

what the dealer cost for a corsa 14 design auto? Local dealer advertising offering cost +£100 if anyone know cost to dealer from Vauxhall would be fantastic Thanks


Who do you report to when a foster mother is a drug dealer?

Well you should know, the police.


How do you tighten serpentine belt on a 2004 Chevy Colorado?

You can't. ALL serpentine belts have an auto tension pulley. If your belt "squeaks" - time to replace your belt. Side note: after so many thousand miles the auto tension pulley should also be replaced because the bearings are worn and will literally fly off shredding your belt. Your dealer/auto repair specialist SHOULD know when to do this for each vehicle model.


How do you activate my 2003 Lincoln navigator key?

First off did you have a new key made at an auto parts center or the dealer? If the answer is an auto center such as wal-mart that key is no good you need to go with the dealer, their blank will have a chip and they will program it there for you. But you know that you will have to leave so cash behind for the programing good luck.


How does one become a T- Mobile Wireless Agent or Dealer?

Businesses or individuals interested in selling T-Mobile products and services can apply to become a dealer at T-Mobile's Retailer Opportunities page http://www.t-mobile.com/Company/DealerInformation.aspx?tp=Abt_Tab_DealerInfo