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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.

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9y ago

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How do you start used car dealer?

First, work for a used car dealer atleast 6 to 12 months. Then prepare a good used car dealer business plan. Go from there.


Can you return a used car purchased from a dealer?

A car bought from a dealer is usually financed by a bank they want there money not the car back


Can you get out of a used car dealer contract if no money was put down?

No. Putting money down has nothing to do with a contract.


Can you get your money back from a used car dealer after the deal is made?

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.


Where can you get free car for a family of 9 refugees?

Get a job, earn money, save money, buy a used car from a dealer. This process works, trust me.


Can you get your money back on a used car purchase if the car has been decommisioned since 20 minutes after you drove the car off the lot and is currently at that dealer being repaired?

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.


Where could I look for a car to buy online?

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.


How do you start a used car lot?

with lots of money??????????????


How much money does a used car dealer make?

It depends on his markup, sales volume and business expenses.


How much will a car dealer drop the price on a used car?

All depends on how much money he has tied up in the car. It also depends on how popular that model is.


Can a car dealer sell a car to a person that does not have a job?

Yes...as long as you have the money (or the credit), a dealer can sell you the car, regardless as to whether or not you have a job.


What happens if your car loan is approved but you still owe the dealer money?

You will have to prove to the dealer that you are waiting to get the money. Show the dealer your loan approval documents.