X

How to Start, Run and Grow a Used Car Dealership on a Budget: Start Part-Time or Full-Time Right from Home

Product ID : 18923496


Galleon Product ID 18923496
Model
Manufacturer
Shipping Dimension Unknown Dimensions
I think this is wrong?
-
1,147

*Price and Stocks may change without prior notice
*Packaging of actual item may differ from photo shown

Pay with

About How To Start, Run And Grow A Used Car Dealership On

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 = $1,850Not 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 startedAll 50 State licensing requirementsBond and insurance you will needPersonal financial statement & sampleHow to incorporate and Name your businessSample Article of IncorporationWhich is the best legal business entity for youHow to get a EIN numbe