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Become a used automobile dealer studies show that the largest retail industry in the US today is the used car industry that includes Nissan and Chevy dealers the number of used car dealers outnumbers new car dealerships there are specific requirements and regulations to comply with for you to become a used automobile dealer and get into used car sales since experience is still the best teacher it would be an advantage if you have had experience in the used-car retail industry or a wholesale dealership before starting your own company having worked in a dealership environment you would have the hands-on experience needed in a dealership business in California or any location here are some steps to guide you to become a used automobile dealer one first establish if you want to be a sole proprietor a partner and an incorporated or have a limited liability corporation to decide on your place of business zoning in the local county or city that allows a car dealership is oftentimes the most difficult challenge for those starting a retail car dealership three since the requirements for a car dealership may vary per state contact your State Department of Motor Vehicles or independent Automobile Dealers Association to confirm the requirements for basic training or education exams to pass proof of zoning inspections required surety bond and dealership licenses needed for develop a business plan to determine the resources you need to set up your dealership the capital needed and expenses to be incurred gather information regarding the standards requirements and regulations to follow including how to network in the area estimate your projected profits five follow the steps to register as a used car automobile dealer if you are from California the following steps can help you contact the California Department of Motor Vehicles DMV and register to attend the required six-hour preparation class complete the preparation class and take the 40 question exam you need to pass submit your completed DMV car dealer application together with your zoning approval letter a copy of your o L 902 class completion certificates your TSM 888 business license your resale permit a fictitious name statement a copy of your telephone listing your lips can fingerprint card and a completed personal history questionnaire submit the pictures required for a DMV on-site inspection approval these include the building facade the display area the outside sign inside signs the office the telephone a locked cabinet the company checkbook a DMV dealer book a copy of the business license and the resale permit pay the required bond in the name of the owner or dealership wait for the approval or rejection of your temporary license from the DMV inspector assigned to review your application temporary licenses are usually granted within 30 days while the permanent licenses are granted usually within 120 days six set up your network by joining local business groups like the Toastmasters your local...
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