just
Common Misconceptions
About a Used Car Dealer License

I have received thousands of calls over the years about getting a dealer license.  Let me say.... I show you how to get a license BUT...

 

It's NOT just about the license!

 

I've installed a water heater, a sink and plumbing, a sink incinerator and other plumbing fixtures.  I could get a plumber license tomorrow but I know nothing about the plumbing BUSINESS just because I installed plumbing fixtures.  The same is true for cars.

 

It's also about knowing the car business!

 

Here are are some of the misconceptions I've heard from these calls.

 

My state says I have to have a car lot to get the license. 

WRONG!

 

I will just sell cars, from my home, on Craigslist after I get my license.

WRONG!

 

It's really hard to get a license.

WRONG!

 

I would not consider getting a wholesale dealer license.

WRONG!

 

I will get a retail license from another state and then I can sell cars in my state.

WRONG!

 

Cars with over 100,000 miles are not great cars to sell.

WRONG!

 

I like pickups and SUVs, so that's the kind of vehicles I will sell.

WRONG!

 

I will use the price guides like NADA and the Internet to determine the price I'll pay at auction and the price to sell retail.

WRONG!

 

With an Indiana dealer license I will be able to sell retail in my state.

WRONG!

 

With an Indiana dealer license I will be able to wholesale in my state.

WRONG! - At least not in New Jersey!

 

I only want to get an auction license so I can buy at dealer auctions.

WRONG! - There is no "auction license".

 

I want to get a license so I can buy my personal cars cheap.

WRONG!

 

I need $50,000 for a bond in my state.

WRONG!

 

I'm only going to sell on the Internet, I don't need a license.

WRONG!

 

There are companies that will get me a license.

WRONG! - They only rent you a location.

 

I can rent a dealer license.

WRONG!

 

I know lots of people buying and selling cars from their homes.

WRONG! - They are illegal!

 

Don't be WRONG, be RIGHT.
Read these manuals.
Learn the car business AND how to get your license.

 

It's NOT just about the license!

 


Car Dealer License


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