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.

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

You should ask the city for these kinds of question but do you have a Business plan?

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)

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.

Wolfe Mazda on Boundary just closed its doors

I think Wolfe Mazda is still in buisness, Wolfe Chevrolet got canned.

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....

i thought AK autoworks was doing all of brian jessel's repair work?

thanks for crashing my thread!

sucks bro, maybe do some thinking before opening up a used car dealership, especially in these economic times :D

One of the shops that Brian Jessel deals with is No 1 Collision.