Comments for Dealer License Training: Auto Broker Training: http://autodealeracademy.com Get a Dealers License and Build a Profitable Auto Broker Business Mon, 22 Feb 2010 17:38:23 +0000 http://wordpress.org/?v=2.9.1 hourly 1 Comment on Module 4 Q&A by George Dean http://autodealeracademy.com/members-only-qa-forum/module-4-qa#comment-69 George Dean Mon, 22 Feb 2010 17:38:23 +0000 http://autodealeracademy.com/?page_id=185#comment-69 @ Russ Goddard To run an AUTO BROKER by appointment can make sense. Maintaining a full time job also makes sense. I personally and professionally do not find it an issue. Make sure you confirm ALL appointments. George @ Russ Goddard

To run an AUTO BROKER by appointment can make sense. Maintaining a full time job also makes sense.

I personally and professionally do not find it an issue.

Make sure you confirm ALL appointments.

George

]]> Comment on Module 4 Q&A by Russ Goddard http://autodealeracademy.com/members-only-qa-forum/module-4-qa#comment-68 Russ Goddard Fri, 19 Feb 2010 16:09:22 +0000 http://autodealeracademy.com/?page_id=185#comment-68 Are there any problems running a small dealership "by appointment only"? For example, if a person were to get a dealer's license, find a small warehouse space and begin buying and selling a few cars a month while still working a regular job (thus not being able to be "open" during regular business hours) does that raise a flag or create any problems? I thought I heard or read somewhere that this can be a problem, sorry I don't remember where. Are there any problems running a small dealership “by appointment only”? For example, if a person were to get a dealer’s license, find a small warehouse space and begin buying and selling a few cars a month while still working a regular job (thus not being able to be “open” during regular business hours) does that raise a flag or create any problems? I thought I heard or read somewhere that this can be a problem, sorry I don’t remember where.

]]> Comment on Get Your Dealer License by Russ Goddard http://autodealeracademy.com/get-your-dealer-license#comment-67 Russ Goddard Sun, 31 Jan 2010 04:26:17 +0000 http://autodealeracademy.com/?page_id=167#comment-67 I am thinking similar to Mark Riley and I really like the idea of working from a warehouse instead of a "car lot". I can envision marketing the cars individually on AutoTrader, Craigslist, whatever and then meeting buyers by appointment after they've inquired by phone, instead of doing the usual "salesman jumping out of the bushes" at people browsing on a car lot. That is not what I want to be doing. I am thinking similar to Mark Riley and I really like the idea of working from a warehouse instead of a “car lot”. I can envision marketing the cars individually on AutoTrader, Craigslist, whatever and then meeting buyers by appointment after they’ve inquired by phone, instead of doing the usual “salesman jumping out of the bushes” at people browsing on a car lot. That is not what I want to be doing.

]]> Comment on Get Your Dealer License by George Dean http://autodealeracademy.com/get-your-dealer-license#comment-66 George Dean Sat, 16 Jan 2010 13:42:22 +0000 http://autodealeracademy.com/?page_id=167#comment-66 @ Mark Riley MOST states say you can buy & sell a few cars a year before getting licensed BUT they will also say that if you are doing it for the PURPOSE of making a profit, you need to be licensed from car #1. I NEVER EVER want a "Car Lot." I recommend renting a WAREHOUSE in area zoned for used car sales! Its an indoor showroom. Plus, it gives you a place to park your boat. :) George @ Mark Riley

MOST states say you can buy & sell a few cars a year before getting licensed BUT they will also say that if you are doing it for the PURPOSE of making a profit, you need to be licensed from car #1.

I NEVER EVER want a “Car Lot.” I recommend renting a WAREHOUSE in area zoned for used car sales! Its an indoor showroom. Plus, it gives you a place to park your boat. :)

George

]]> Comment on Get Your Dealer License by Mark Riley http://autodealeracademy.com/get-your-dealer-license#comment-65 Mark Riley Wed, 13 Jan 2010 20:51:48 +0000 http://autodealeracademy.com/?page_id=167#comment-65 Hi George or whoever gets these comments....i'm sure you know people that have a dealers license, but can't yet afford to get a building right? I just recently bought 2 vehicles...2001 GMC and a 1994 del sol. I want to get through the state minimum before i go forward into this more so. If i wanted to go this safer route right now before launching into the deep used car waters, this should be able to be done legally right? If i had a dealers license that doesnt mean you NEED a lot and all the details quite yet right? I want to go slow and cautious here. Trusting ppl and navigating through each process. I guess if you could just let me know that other newbies are doing this and having success. Than, i wouldnt feel so alone in the process. Thnx for the comments....Mark NC Hi George or whoever gets these comments….i’m sure you know people that have a dealers license, but can’t yet afford to get a building right? I just recently bought 2 vehicles…2001 GMC and a 1994 del sol. I want to get through the state minimum before i go forward into this more so. If i wanted to go this safer route right now before launching into the deep used car waters, this should be able to be done legally right? If i had a dealers license that doesnt mean you NEED a lot and all the details quite yet right? I want to go slow and cautious here. Trusting ppl and navigating through each process. I guess if you could just let me know that other newbies are doing this and having success. Than, i wouldnt feel so alone in the process. Thnx for the comments….Mark NC

]]> Comment on Module 4 Q&A by George Dean http://autodealeracademy.com/members-only-qa-forum/module-4-qa#comment-64 George Dean Tue, 05 Jan 2010 19:09:31 +0000 http://autodealeracademy.com/?page_id=185#comment-64 @ Russ 15 car inventory.. well, if they were $2K cars, not detrimental at all. If they are $25K cars, detrimental! George @ Russ

15 car inventory.. well, if they were $2K cars, not detrimental at all. If they are $25K cars, detrimental!

George

]]> Comment on Buying & Selling from Home by George Dean http://autodealeracademy.com/archives/81#comment-63 George Dean Tue, 05 Jan 2010 19:08:45 +0000 http://autodealeracademy.com/?p=81#comment-63 @ Mike Riley If buy & sell in your OWN name.. make sure you buy CHEAP cars so the tax does not have a big impact. Thanks for the GREAT feedback! George @ Mike Riley

If buy & sell in your OWN name.. make sure you buy CHEAP cars so the tax does not have a big impact.

Thanks for the GREAT feedback!

George

]]> Comment on Module 3 Q&A by George Dean http://autodealeracademy.com/members-only-qa-forum/module-3-qa#comment-62 George Dean Tue, 05 Jan 2010 19:07:00 +0000 http://autodealeracademy.com/?page_id=183#comment-62 @ olacapital A broker is nothing more than a WAY of doing business as a DEALER. There is no difference if you have a dealers license. The sales tax is passed onto the retail buyer. George @ olacapital

A broker is nothing more than a WAY of doing business as a DEALER. There is no difference if you have a dealers license. The sales tax is passed onto the retail buyer.

George

]]> Comment on Module 3 Q&A by George Dean http://autodealeracademy.com/members-only-qa-forum/module-3-qa#comment-61 George Dean Tue, 05 Jan 2010 19:05:48 +0000 http://autodealeracademy.com/?page_id=183#comment-61 @ Darrell Jones YES.. 10-15 cars is doable with the right marketing to keep the phone ringing! You need to be working on 15 -20 deals a month to make it happen. This will NOT happen overnight.. expect 2 - 3 years. George @ Darrell Jones

YES.. 10-15 cars is doable with the right marketing to keep the phone ringing!

You need to be working on 15 -20 deals a month to make it happen.

This will NOT happen overnight.. expect 2 – 3 years.

George

]]> Comment on Module 3 Q&A by Darrell Jones http://autodealeracademy.com/members-only-qa-forum/module-3-qa#comment-60 Darrell Jones Sat, 02 Jan 2010 23:59:15 +0000 http://autodealeracademy.com/?page_id=183#comment-60 George, Do think realistically a person could retail 10 t0 15 vehicles per month stricly uses autotrader or cars cars.com to markert the vehicles. George, Do think realistically a person could retail 10 t0 15 vehicles per month stricly uses autotrader or cars cars.com to markert the vehicles.

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