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Author: Aaron Simmons
Publisher: Createspace Independent Publishing Platform
ISBN: 9781545112816
Category :
Languages : en
Pages : 140
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Book Description
How to Start, Run and Grow a Used Car Dealership on a Budget Start Part-Time or Full-Time Right from Home-Start Your Own Used Car Business It is not hard to become a used car dealer even if you are on a tight budget. As far as the income potential is concern, it is higher than most other side gigs you will find. Just imagine this, you buy a 6 years old Toyota Camry with 87K miles for $4,500, you bring it home, clean it up, fix few minor scratches, wash it wax it, then put it up for sale on Craigslist for $7100. In the first three days you get a few calls, and after 4 test drives, you sell it for $6,600. Let's see how much you made from this sale. You paid $4,400 + you spend $350 on fixing minor issues, so your total cost was $4,750, but you sold it for $6,600, so your net profit from this sale is $6,600-$4,750 = $1,850 Not bad for few hours of work. You see if you buy the right type of cars and price them right, there is no reason you can't sell 2-3 cars a month and make a handsome extra income each month. I have a friend, who has a small insurance business. He has been selling cars on the side for last 25 years, and he told me just by selling 2-3 cars a month, he was able to pay for college for all his three kids. On the other hand, if you want to grow, then start small but reinvest the profit you make from selling each car back into the business and soon you will see, you are growing at a fast and steady pace, but you have to be focused and dedicated. Let's See What You Will Learn From This Book: 12 Steps to get started All 50 State licensing requirements Bond and insurance you will need Personal financial statement & sample How to incorporate and Name your business Sample Article of Incorporation Which is the best legal business entity for you How to get a EIN number and open a Commercial Bank account Where to get all your dealer supplies and Forms What and how Auction houses work How to get started on a tight budget How to find financing for your new business All Legal requirements How to develop your Inventory How to sell cars How much can you make How to do it part-time from home Dealer management software How to grow your used car dealership Enjoy and good luck!
Author: Aaron Simmons
Publisher: Createspace Independent Publishing Platform
ISBN: 9781545112816
Category :
Languages : en
Pages : 140
Get Book Here
Book Description
How to Start, Run and Grow a Used Car Dealership on a Budget Start Part-Time or Full-Time Right from Home-Start Your Own Used Car Business It is not hard to become a used car dealer even if you are on a tight budget. As far as the income potential is concern, it is higher than most other side gigs you will find. Just imagine this, you buy a 6 years old Toyota Camry with 87K miles for $4,500, you bring it home, clean it up, fix few minor scratches, wash it wax it, then put it up for sale on Craigslist for $7100. In the first three days you get a few calls, and after 4 test drives, you sell it for $6,600. Let's see how much you made from this sale. You paid $4,400 + you spend $350 on fixing minor issues, so your total cost was $4,750, but you sold it for $6,600, so your net profit from this sale is $6,600-$4,750 = $1,850 Not bad for few hours of work. You see if you buy the right type of cars and price them right, there is no reason you can't sell 2-3 cars a month and make a handsome extra income each month. I have a friend, who has a small insurance business. He has been selling cars on the side for last 25 years, and he told me just by selling 2-3 cars a month, he was able to pay for college for all his three kids. On the other hand, if you want to grow, then start small but reinvest the profit you make from selling each car back into the business and soon you will see, you are growing at a fast and steady pace, but you have to be focused and dedicated. Let's See What You Will Learn From This Book: 12 Steps to get started All 50 State licensing requirements Bond and insurance you will need Personal financial statement & sample How to incorporate and Name your business Sample Article of Incorporation Which is the best legal business entity for you How to get a EIN number and open a Commercial Bank account Where to get all your dealer supplies and Forms What and how Auction houses work How to get started on a tight budget How to find financing for your new business All Legal requirements How to develop your Inventory How to sell cars How much can you make How to do it part-time from home Dealer management software How to grow your used car dealership Enjoy and good luck!
Author: Max Zanan
Publisher:
ISBN: 9781691591329
Category :
Languages : en
Pages : 128
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Book Description
This book is the pocket guide I wish I had when I first became a general manager of a Mitsubishi dealership in New York. Honestly, I am not the brightest star in the sky and made every mistake anyone could've possibly made. Unfortunately, I see dealer principals/general managers/general sales managers making the same mistakes today. The only difference is the time and consequences of these mistakes. I got my first GM gig in 2004. That was in the beginning days of the Internet, before millennials joined the workforce, and way before any viable disrupters entered the market space. It was a lot easier to get away with mistakes then. I don't think you could get away with making the same mistakes now. The stakes are too high. Automotive retail profit margins are tiny. According to the National Automobile Dealers Association (NADA), automotive net profit margin as of March 31, 2019 was merely 1.38 percent. As a result, every misstep makes it harder to stay in business.The car business desperately needs better leadership skills, understanding of social media, inventory management, fixed operations, and so much more. There is no educational barrier to the entry into car business, and there are only a handful of universities offering a major in car dealership general management, such as Liberty and Keiser. On top of that, only a tiny percentage of dealer principals and general managers attend the National Automobile Dealer Association University. That means that a vast majority of general managers receive training on the job, even if we took business-related classes in college. The auto business is a different animal. General information will only carry you so far. That is exactly why general managers make the same mistakes year after year. My goal is to break this vicious cycle and provide as much information as possible to ensure that automotive retail survives the disruptions we are witnessing today. We need to be ready for the next generation of car buyers, people who are more computer savvy and not afraid to search for better deals. According to surveys, 80 percent of millennials plan to buy a vehicle in the next five years. In fact, millennials worldwide will buy about 40 percent of all vehicles in the next decade. At the same time, they spend an average of 17 hours on line before going to a dealership.Are you ready for them?
Author: Ben Younes
Publisher:
ISBN: 9781521031742
Category :
Languages : en
Pages : 48
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Book Description
- How To Start Your Own Used Car Dealership.- How Much Does It Cost To Open A Used Car Dealership- How To Get A Car Dealership License.- Where To Get A Car Dealership License.- Who Needs A Car Dealership License.- How To Get Financing For Your Dealership (If Needed).- Where To Get Cars For Your Dealership To Sell (Inventory).- How To Hire, Recruit And Train Salespeople.- How To Control Your Inventory.- How To Advertise And Sell Your Inventory.- To Become Successful In The Car Business.......And Much More........
Author: Ben Younes
Publisher:
ISBN: 9781520127446
Category :
Languages : en
Pages : 40
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Book Description
A Complete Guide On How To Open And Run A Used Car Dealership!What Does It Take to Start a Used Car Dealership?Things You Really Need To Know To Run A Successful Business- How To Start Your Own Used Car Dealership.- How Much Does It Cost To Open A Used Car Dealership- How To Get A Car Dealership License.- Where To Get A Car Dealership License.- Who Needs A Car Dealership License.- How To Get Financing For Your Dealership (If Needed).- Where To Get Cars For Your Dealership To Sell (Inventory).- How To Hire, Recruit And Train Salespeople.- How To Control Your Inventory.- How To Advertise And Sell Your Inventory.- To Become Successful In The Car Business-........And Much More........ Sales Training:No matter if you are selling a new or a used car, the basic stay the same. The manner in which you perform them may vary, but all the steps must be done to make a sales.The following are the steps to a successful sales:1.Meet and greet2.Establish rapport3.Qualify4.Vehicle walk around5.Test drive6.Service tour7.Ask for the sale8.Offer write-up & Negotiation9.Vehicle delivery10.Follow up after the saleA Complete Guide On How To Open And Run A Used Car Dealership.
Author: Jack Porter
Publisher: Independently Published
ISBN: 9781073602353
Category :
Languages : en
Pages : 194
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Book Description
Be Your Own Boss! Used Car Dealership Business Startup A Detail Step By Step Guide to Starting a Successful Preowned Car Lot Business for All 50 States Have you ever wanted to be your own boss? Are you looking for a rewarding career? Do you consider yourself a master salesman, or maybe want to become one? Are you looking to start a business that really matters? Car dealership owners provide a much-needed service to our communities, and this service is with a personal touch that cannot be achieved via an online-only buying experience. Sometimes it appears that there are more cars on the road than people already, how could you possibly make any money in this industry? The market has never been better for individuals who are striving to begin their own used car dealership. Used car dealerships are a recession sturdy business model. With my 30 years of hands-on experience in the automobile dealership industry, this book fulfills my need to give something back. I share all of my wisdom and time-honored advice for venturing into your dream career! My family memories involve selling baseball cards at the local flea market and traveling to auto auctions with my father and Uncle Sam. I was an adult at the time of my first auction, but I felt like a kid on his way to the circus. I became captivated by all of the action happening between the auctioneer and the people with the paddles. My Uncle Sam's voice cut through the bidding to yell the winning bid for a beat-up and rusted yet supposedly reliable pick-up truck. Three weeks and two paint jobs later, I was able to watch him sell it for a $3,500 profit. I was immediately hooked. Ever since then, I knew I desperately wanted to sell used cars, but not just for the insane profits. I once sold a gently used Volvo in great condition to an elderly couple who were completely thrilled to have it. They wanted it for safety reasons and of course its record of reliability. That made me proud. Moments like these make it all worth it. Car salesmen have to be therapists, educators, and extended family all rolled into one. The entire experience can be very rewarding! If you have a passion for cars, helping others, and making lots of money, you cannot go wrong with starting your own car dealership. In this "Be Your Own Boss! Used Car Dealership Business Startup" book, I show you everything you need to know, from start to finish of how to run a used car dealership. You can even start from the comfort of your own home! You'll learn the basics like: What impact the car industry has Why you should start a used car dealership NOW How to complete market research What the pros and cons are of starting a used car lot How & Where to buy your inventory How to Navigate through the two big Auction Houses How to price your stock How to market yourself Most importantly, I give you some cold, hard facts. What your initial startup costs will be How to finance The legal requirements What licenses you'll need Answers to some difficult issues you'll face What legal issues you need to consider Licensing requirements & Fees for all 50 states All of this is sprinkled with my time-tested advice and experience. I yearn to give back and mentor some up-and-coming entrepreneurs! I also include a full listing of instructions and regulations to start your own used car dealership, broken down by state in an expansive appendix. With this all-inclusive guide, you will have all the tools you need to begin the greatest journey of your life! As an added bonus, with the purchase of this paperback book, you can also download the eBook version for FREE!
Author: Ben Younes
Publisher:
ISBN: 9781520121833
Category :
Languages : en
Pages : 41
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Book Description
A Complete Guide On How To Open And Run A Used Car Dealership!What Does It Take to Start a Used Car Dealership?Things You Really Need To Know To Run A Successful Business- How To Start Your Own Used Car Dealership.- How Much Does It Cost To Open A Used Car Dealership- How To Get A Car Dealership License.- Where To Get A Car Dealership License.- Who Needs A Car Dealership License.- How To Get Financing For Your Dealership (If Needed).- Where To Get Cars For Your Dealership To Sell (Inventory).- How To Hire, Recruit And Train Salespeople.- How To Control Your Inventory.- How To Advertise And Sell Your Inventory.- To Become Successful In The Car Business-........And Much More........ Sales Training:No matter if you are selling a new or a used car, the basic stay the same. The manner in which you perform them may vary, but all the steps must be done to make a sales.The following are the steps to a successful sales:1.Meet and greet2.Establish rapport3.Qualify4.Vehicle walk around5.Test drive6.Service tour7.Ask for the sale8.Offer write-up & Negotiation9.Vehicle delivery10.Follow up after the saleA Complete Guide On How To Open And Run A Used Car Dealership.
Author:
Publisher:
ISBN:
Category : Consumer protection
Languages : en
Pages : 28
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Book Description
Author: Charlie Hennie
Publisher: Independently Published
ISBN:
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
Unlock Profits and Drive Success: Your Step-by-Step Guide to Launching a Thriving Car Dealership Are you ready to accelerate your entrepreneurial journey and hit the road to success? "How to Start a Car Dealership" is your ultimate roadmap to building a profitable car dealership from the ground up. What You'll Discover Inside: 1. Industry Insights and Trends: Get an in-depth understanding of the car dealership industry. Learn about market trends, customer preferences, and emerging opportunities to keep your business ahead of the curve. 2. Crafting a Winning Business Plan: Discover the essential elements of a solid business plan. From market analysis to financial projections, we provide you with templates and expert advice to ensure your plan attracts investors and guides your success. 3. Securing Financing and Funding: Explore various financing options tailored to car dealerships. Learn how to approach banks, secure loans, and attract investors to fuel your venture's growth. 4. Choosing the Perfect Location: Understand the factors that make a location ideal for a car dealership. Learn how to conduct site evaluations, negotiate leases, and position your business for maximum foot traffic and visibility. 5. Building a Stellar Inventory: Learn the secrets to sourcing vehicles that sell. Whether it's new cars, used cars, or a mix of both, we guide you through establishing relationships with manufacturers, wholesalers, and auctions. 6. Navigating Legal and Regulatory Requirements: Stay compliant with local, state, and federal regulations. From licensing to zoning laws, we demystify the legal landscape and help you avoid costly mistakes. 7. Mastering Sales and Marketing Strategies: Drive customers to your dealership with proven marketing strategies. Discover how to leverage digital marketing, social media, and traditional advertising to build your brand and boost sales. 8. Hiring and Training Your Dream Team: Build a team that shares your vision. Learn best practices for recruiting, hiring, and training staff who deliver exceptional customer service and drive sales. 9. Providing Exceptional Customer Service: Create a customer experience that keeps buyers coming back. From the showroom to after-sales service, we show you how to exceed customer expectations and build loyalty. 10. Scaling and Expanding Your Business: Ready to grow? Learn strategies for scaling your dealership, opening new locations, and diversifying your offerings to increase revenue streams and market share. Why This Book? Starting a car dealership is a complex but rewarding endeavor. This comprehensive guide is written by industry experts with years of experience in the automotive sector. They share insider tips, real-world examples, and actionable advice to help you navigate the challenges and seize the opportunities in this competitive field. Whether you're a seasoned entrepreneur or a first-time business owner, "How to Start a Car Dealership" provides you with the knowledge, tools, and confidence to turn your dream into reality. With step-by-step guidance, practical tips, and expert insights, you'll be well-equipped to build a successful car dealership that stands the test of time. Take the Wheel and Start Your Journey Today! Don't wait any longer to make your car dealership dreams come true. Get your copy of "How to Start a Car Dealership" now and drive your way to entrepreneurial success!
Author: Rob Fitzpatrick
Publisher: Robfitz Ltd
ISBN: 1492180742
Category : Business & Economics
Languages : en
Pages : 130
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Book Description
The Mom Test is a quick, practical guide that will save you time, money, and heartbreak. They say you shouldn't ask your mom whether your business is a good idea, because she loves you and will lie to you. This is technically true, but it misses the point. You shouldn't ask anyone if your business is a good idea. It's a bad question and everyone will lie to you at least a little . As a matter of fact, it's not their responsibility to tell you the truth. It's your responsibility to find it and it's worth doing right . Talking to customers is one of the foundational skills of both Customer Development and Lean Startup. We all know we're supposed to do it, but nobody seems willing to admit that it's easy to screw up and hard to do right. This book is going to show you how customer conversations go wrong and how you can do better.
Author: Ali Reda
Publisher:
ISBN: 9781944602079
Category :
Languages : en
Pages :
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Book Description
