| Vancouver Auto Chat 2016 VAC Community Head Moderator: Raid3n |
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01-29-2009, 07:24 PM
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#1 | | I don't get it
Join Date: Mar 2005 Location: vancouver
Posts: 407
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| how to obtain a dealers licence
i am looking at opening a car dealership. but i am not sure of the steps that i need to go through. does anyone have any info on how i would go about getting this license?
thank you.
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01-29-2009, 10:24 PM
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#2 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
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From what I know, your biggest problems are (in no particular order):
1) Experience in the trade which it appears you don't have
2) Land for a dealership
3) At least $2 Million or probably a lot more liquid cash to front on inventory and insurance
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01-30-2009, 12:10 AM
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#3 | | Unofficial Tin Foil Hat Specialist.
Join Date: May 2008 Location: Vancouver
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You should ask the city for these kinds of question but do you have a Business plan?
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01-30-2009, 08:50 AM
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#4 | | Performance Moderator
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Hmm I was thinking when you posted this you wanted to open a Mazda dealership or whatever... if it's just a dealership where you sell used cars, all you need is a dealer license, you can get one of those pretty easy and you're required to get one if you sell more than 5 cars a year or something like that (at least ICBC will accuse you of needing one/flipping cars)
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01-30-2009, 11:53 AM
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#5 | | 14 dolla balla aint got nothing on me!
Join Date: Dec 2008 Location: Vancouver
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i know someone that just got his dealer license. what i heard was you need an x amount of money per size of the dealership. he rented an empty lot not acessable to the publicc, and does his transaction via internet. if someone wants to view the car he will drive it up to the persons home or a place to view. so far its working out for him, he has sold 14 units in 3 months not bad for a part time business. for the bank to approve him.. he needed $250,000 flow in his bank account.
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JUN/NISMO/GReddy built motor cars ltd.
{{Statistics are like a bikini. What they reveal is suggestive but what they conceal is vital }}
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01-30-2009, 12:01 PM
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#6 | | I answer every Emotion with an emoticon
Join Date: Apr 2005 Location: Vancouver
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Wolfe Mazda on Boundary just closed its doors
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Ignorance is bliss
How I wish I can remain ignorant, why do I know so much?
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01-30-2009, 12:34 PM
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#7 | | Banned (ABWS)
Join Date: Aug 2008 Location: vancouver
Posts: 1,742
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Originally Posted by q0192837465  Wolfe Mazda on Boundary just closed its doors | I think Wolfe Mazda is still in buisness, Wolfe Chevrolet got canned.
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01-31-2009, 09:43 AM
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#8 | | Circle Stick Square Mod
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mazda is still open, the chevy lot is going to become the new bmw/benz auto body shop i think
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01-31-2009, 09:56 AM
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#9 | | 14 dolla balla aint got nothing on me!
Join Date: Dec 2008 Location: Vancouver
Posts: 655
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Originally Posted by Crossbone mazda is still open, the chevy lot is going to become the new bmw/benz auto body shop i think | i heard its going to be a hi-tech NO.1 collision biggest by far....
__________________
RB26DETT - Inline-6 Twin-Turbo Charged kazitorii tuned
JUN/NISMO/GReddy built motor cars ltd.
{{Statistics are like a bikini. What they reveal is suggestive but what they conceal is vital }}
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01-31-2009, 01:27 PM
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#10 | | Witness protection
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i thought AK autoworks was doing all of brian jessel's repair work?
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01-31-2009, 01:43 PM
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#11 | | I don't get it
Join Date: Mar 2005 Location: vancouver
Posts: 407
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thanks for crashing my thread!
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01-31-2009, 11:32 PM
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#12 | | Banned (ABWS)
Join Date: Apr 2006 Location: Richmond
Posts: 100
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Originally Posted by custom thanks for crashing my thread! | sucks bro, maybe do some thinking before opening up a used car dealership, especially in these economic times  | |
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01-31-2009, 11:42 PM
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#13 | | retired
Join Date: Nov 2003 Location: Richmond
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Originally Posted by thumper i thought AK autoworks was doing all of brian jessel's repair work? | One of the shops that Brian Jessel deals with is No 1 Collision.
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