Your Auto Dealership

Frequently Asked Questions

How can I legally buy and sell cars with your dealerships?
Most states require that anyone that wants to buy and sell vehicles for profit become a licensed auto dealer. We allow select individuals in chosen markets to partner with us and become members of our LLC (Limited Liability Company,) for our automotive dealerships, thereby, making you a partner in our company. Anyone who is a partner or part owner of an automotive dealership is automatically a licensed auto dealer, able to buy and sell vehicles for a profit anywhere in America! Only a licensed automotive dealer can buy and sell cars for profit, not buyers for a dealership or employees of a dealership.
How much is your dealership program?
We do not charge a high initial investment fee to join our company as a partner. All members of our dealerships equally share the expense of the overhead of the business. Each member’s share of the monthly expenses is only $499 per month, usually derived from the profits of vehicles sold. This fee is designed to cover the expenses the dealership incurs for each member, such as rent, insurance, bond expense, administration staff, etc. Your real investment is vehicles purchased for resale, whether it is late model vehicles, or older vehicles.
 
Remember, membership with our dealerships includes access to dealer only auctions, a dealer plate, dealer insurance, live auction training, and all needed forms to complete any transaction.
What wholesale, dealer only auctions are in my area?
You may visit www.manheim.com and www.adesa.com for a list of auctions in your area. Additionally, we have a list of all the wholesale, dealer only auctions in the United States. We can help select the right auctions for you to attend. Of course, you are free to attend any dealer auction you choose. Simply call us and have us register you at the auction of your choice.
How long is the partnership agreement?
We are seeking professional, minded individuals to join our dealership group. However, if at any time you decide the automotive industry is not for you, simply notify us in writing that you wish to end your partnership with two months notice. Either party may end the agreement with two months notice to the other party.
May I speak to members of the dealerships?
Of course! We invite you call our office at 888-207-1911, for references. You are also welcome to visit us at either dealership to learn more about us and the automotive industry.
What types of vehicles can the dealership buy and sell?
The dealership can buy and sell cars, trucks, motorcycles, recreational vehicles, and boats. Some members may choose to specialize in classic or performance vehicles. While we can provide guidance regarding dealership inventory, our members decide which vehicles to purchase for resale.
How many hours per week are required to work with the automotive dealership? Can I become a partner on a part time basis?
Yes, you can work the business on a part time or full time basis, the choice is yours. We have members who work in the auto industry full time and others who are supplementing their income from a full time job. It is recommended that your schedule allows you to attend at least one wholesale auction per week.
What other expenses will I incur in the automotive business?
Our program allows our members to keep their overhead extremely low. You should budget for advertising, some basic office supplies, and a few promotional items to place on your vehicles for sale.
I have heard the term “renting a dealer license and plate.” Is this the same thing?
No. We do not let individuals borrow or rent our license or plate. That practice is illegal. However, we do allow select individuals in certain markets to become partner with us and become members of our dealership and Limited Liability Company, which is legal and acceptable. Additionally, all members of our dealership are included on the dealership insurance and dealership bond, as required. We believe in full compliance with all DMV rules and regulations and strive to exceed those standards. Remember, only partners of a dealership can invest in inventory for resale.