Recommended Resources

If you are starting an LLC or INC for the purpose of selling used cars, consider using a service that specializes in starting companies for auto dealers. To get started, go to https://forms.gle/UALdjp1d4h4Gu4287.

Complete the questionnaire and someone will get back with you within 24 hours M-F.

The fee for starting your company is included in the Drama Free Licensing VIP program. For details, go to www.autodealerbschool.com/DFL. 

My current favorite bond company is Pacific Surety because of their low rates.

Submit a quote at www.pacificsurety.com/commercial-bonds.

or All-American Insurance at https://www.quickerbonds.com/.

It's important to get at least two quotes from two different companies to compare.

My current favorite garage liability provider is Single Source Insurance because they have most consistent given the cheapest rates.

Get a quote at www.singlesourceme.com.

For a second opinion, submit a garage quote at https://www.quickerbonds.com/apply-now-insurance.

It's important to get at least two quotes from two different companies to compare for the best quote.

For a free 90-day trial of DealerCenter, submit your details at www.autodealerbschool.com/dc.

I recommend V12 Software for there social media marketing features.

I worked out a deal to allow for one payment for 3 months of website service. At the end of the 3 months, the monthly charge will resume. 
To sign up, go to https://signup.v12software.com/login. Create an account. Enter reseller code: RS302 and promotion code: 3for1.

One of the best floor plans for new dealers is AFC or Automotive Finance Corp

Apply at https://www.autofinance.com/apply/.

Your personal credit will be evaluated for credit 

TruWarranty

If you are looking to offer some assistance with repairs, TruWarranty is currently my service agreement provider of choice. 

In addition to helping your customers manage repairs, offering a service agreement can also bring backend profit to your deals. Backend profit is the gross profit made in F&I after the physical price (front end) of the vehicle.

You can signup with TruWarranty at https://www.truwarranty.com/resources/dealer-agreement-signup.Setup may take 3 to 5 business days.

You can find a product cheatsheet at https://drive.google.com/file/d/1DwyTWaL8Zyn2TWQQakVr1wgsWz3e-nva/view. For the products, we are considered "Walk away Dealers".

For marketing materials, digital brochures are free and available for download any time at www.truwarranty.com. Click Resources, then Marketing. You can also order print materials through TruWarranty at cost by clicking Resources, then scrolling to Print Order Form. Print materials can take 2-3 weeks for delivery, so plan ahead or keep a small supply on hand.

When you sign up, you are agreeing to…

Dealers are required to sell a minimum of 5 contracts each month, starting within 30 days of launch. If the dealer doesn’t meet the monthly minimum volume for 90 consecutive days, the dealer will be terminated. 

Sign up. Get a walkthrough of how to bind a service contract and sell a minimum of 5 contracts each month!

To change a Carfax report, go to https://support.carfax.com/article/request-a-correction-to-a-carfax-report/