The $99k Report details how a student of the Auto Dealer Business School made $99,000 in 6 months and you can too. You see the exact cars he bought and sold. The best part....he started with $1500.
You have a licensing advisor and licensing agent to complete the license process for you from finding the location to getting registered for the auctions as a new dealer.
We’ll show you everything you need to know about getting your used car dealer license in FL.
DISCOVER HOW TO...
Find a location
Incorporate your business
Apply even with Felony Convictions
and lots more..
Watch the Video!
Your location must have an office and a display area. Check the requirements for each. In addition to the specs of the space, usually the space also needs:
Note: Be sure the location is in compliance with all state, county and municipal zoning regulations and ordinances before signing the lease agreement.
To find a location, resources include the commercial real estate section on Craigslist, real estate agents experienced in commercial property & zoning and other auto dealers. Here is how you find out where other dealers have leased space.
Step 1: Search cars for sale on Craigslist by dealers.
Step 2: Take the phone number from the Craigslist listing and search it on the internet.
Step 3: Take the address of the dealer and search to find the office complex or warehouse that allows auto dealers.
Step 4: Last step is to contact the landlord for any vacancies.
I describe a Bond as an insurance policy for your customers. You only pay a percentage of the Bond amount. That percentage is based on your credit score with the most favorable rates for those with 680 score or higher in my experience.
The bond requirement is $25,000
You must maintain Garage liability insurance. The details about the policy were not immediately clear.
It doesn't look to be required to incorporate. However, I strongly recommend it. Sunbiz.org is your resource for incorporation.
To apply for your Employer Identification Number (EIN), visit the IRS website. It's FREE to apply.
You may need these numbers: NAICS Code for Used Car Dealers 441120 and SIC Code 5521.
Dealers must have a site approved, by a Regional Office, for the dealership location. Once a location is found, contact your local Regional Office to schedule an appointment to have the site inspected. A Division of Motorist Services Compliance Examiner will inspect the location. It is recommended that you do not sign a lease until the site has been approved by the Department.
Complete the application form found here .
THE REGIONAL OFFICE RESPONSIBLE FOR YOUR DEALERSHIP
You can have knowledge and experience at your side to give you that 20/20 hindsight vision. Go to the Auto Dealer Business School to learn how you can level up with a mentor.
NOTE: If any links give you trouble, report them to me...lol.. Email me at [email protected]
Kendra is an Auto Dealer in Georgia. She is a member of the Auto Dealer Business School.
Christian is an Auto Dealer in California. He is a member of the Auto Dealer Business School.
Ira is an Auto Dealer Apprentice in New Jersey. He is a member of the Auto Dealer Business School.
This group is dedicated to CEO strategies for Auto Dealers and Aspiring Auto Dealers. Get support with anything for your business from Licensing to Staffing!
A section to call out specific price points for an offer. This block is very useful in creating a sales page.
50% Complete
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.