How To Become A Car Dealer In The State Of California?

Whether you wish to deal in used cars or new cars

, the process for becoming a car dealer is a lengthy one and takes some time. But, once you obtain your car dealership license, the business is very rewarding.

The most important thing that needs to be considered before you apply for a car dealership license is to be sure that your business plan and your business location are secured.

For getting your car dealer license, you need to go through certain period of initial training. For this, you can contact the California Department of Motor Vehicles (CDMV) and enroll yourself for their six hours preparation class. Here, you will come to know about all the steps that you need to go through in order to obtain your car dealership license in California.

Next step is, enroll for the test and pass it. Revise all the points taught to you in the preparation class and pass the required test to move on to the next level.

After clearing the test, you have to apply and submit a bond for the dealership license. Following this you also have to submit pictures of your business location to get your site approved. These pictures should cover elements like the office building, surrounding area, special traffic signs and the office premises.

This will be followed by an on-site inspection by the DMV inspector. So, make sure that your dealership site is zoned properly. The DMV inspector will then review your application and make a decision to either pass or reject the dealership license.

Once the DMV inspector is assured of all the vital aspects, you will receive your car dealership license along with the completed DMV dealer application and a bond in the name of owner or the California car dealers or dealer.

It may take around 30 days to get a temporary car dealer"s license. Your permanent license can be granted within 60 days of approval from the DMV.

Having a California car dealers license is very beneficial. The first benefit is that it enables you to buy all models of cars cheaply from any of the car dealers. You can participate in any car dealer auction all over the country and buy cars at below wholesale rates.

Secondly, you can visit the new car dealerships and buy all their stock to either resell them to other dealers. You can also sell them to the regular customers and earn handsome money. Another benefit is that, there is no limit to the number of cars you can trade off in a year.

Also, you do not have to waste time and effort in dealing with private parties. By visiting the dealer auction you can deal more easily and quickly. The next benefit is that you do not have to be in office all the time to make good money. You can make deals just through phone calls or you can make your dealings on appointment basis. The choice is yours!

These are some of the important points that you must consider in order to become a car dealer in the state o California and enjoy its benefits.

by: Clint White

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