To begin a used car business there maybe several sources of funds to buy or lease a lot for the cares and the cash needed to buy used cars. Small business loans may be received from state or federal agencies. One can also use their own funds. Another way to stock up on used cars is to offer a seller of a used car to place that car on your car lot and offer the owner a good percentage of the sales if the car is sold. Perhaps a 50-50 deal might be a good start.
Get a job and save for it or find an investor(s)
To start a successful business, there is a need for a good capital. Sources of money includes savings, contribution and borrowing from banks and wealthy individuals.
First, work for a used car dealer atleast 6 to 12 months. Then prepare a good used car dealer business plan. Go from there.
A car bought from a dealer is usually financed by a bank they want there money not the car back
No. Putting money down has nothing to do with a contract.
If you have a complaint with a used vehical first talk to the dealer. I still unsatified go to citizens advice and speak to the rectum. The dealer is only responsible if he suplied the car.
Used car sale sites are all over the internet. It doesn't matter where you start. You can start with a dealer or start with the model of car you are looking for.
Get a job, earn money, save money, buy a used car from a dealer. This process works, trust me.
No, you cannot get your money back unless the dealer agrees. If the dealer does not repair the car you may have a claim unless you bought the car "As Is". There is not buyer's remorse on the purchase of vehicles.
with lots of money??????????????
It depends on his markup, sales volume and business expenses.
All depends on how much money he has tied up in the car. It also depends on how popular that model is.
Some tips for buying a used car from a dealer would be to find the right car for your needs, to save money by buying second-tier vehicles, and figure out how much you are willing to spend and keep at that budget limit.
He sells his inventory of cars for more than he paid for them.