- Aug 7, 2004
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Has anyone around here been in the used car business? I'm interested in hearing from those who are familiar with buy here pay here and getting a floorplan.
Originally posted by: Aimster
We used to run a used car business.
We would buy cars and put them on the top of our street so people could see.
You need a permit if you are going to sell a certain number of cars.
Good money in it.
Originally posted by: Rightwinger
Has anyone around here been in the used car business? I'm interested in hearing from those who are familiar with buy here pay here and getting a floorplan.
Originally posted by: waggy
Originally posted by: Rightwinger
Has anyone around here been in the used car business? I'm interested in hearing from those who are familiar with buy here pay here and getting a floorplan.
yeah.
I used to own parts of a few used car dealerships.
what do you need to know?
how much cash you have to invest? do you know any wholsalers? have you worked in car sales before at anytime in your life?
a little background would be good.
Originally posted by: Rightwinger
Originally posted by: Aimster
We used to run a used car business.
We would buy cars and put them on the top of our street so people could see.
You need a permit if you are going to sell a certain number of cars.
Good money in it.
I'm familiar with the concept of buying and selling, I'm familiar with the licensing process.
What I'm NOT familiar with is BH/PH and floorplan options.
Originally posted by: Rightwinger
No experience in car sales, plenty of heatware.
Originally posted by: Rightwinger
Originally posted by: waggy
Originally posted by: Rightwinger
Has anyone around here been in the used car business? I'm interested in hearing from those who are familiar with buy here pay here and getting a floorplan.
yeah.
I used to own parts of a few used car dealerships.
what do you need to know?
how much cash you have to invest? do you know any wholsalers? have you worked in car sales before at anytime in your life?
a little background would be good.
Finallly! A decent response!
I'm in the planning process now, but ideally here's my plan:
20-25 car lot size, I want to do a lot of consignments so I'm not tying up $75,000 of my floorplan in inventory. Ideally I'd like to collateralize $25,000 cash with the floorplan going up to 100k, in case I want to ditch retail and just go wholesale to wholesale.
Wholesalers: I know some. I dont like any of them, but I know them.
No experience in car sales, plenty of heatware.
Originally posted by: MeanMeosh
Originally posted by: Rightwinger
No experience in car sales, plenty of heatware.
... i spose i'd buy from a used car salesman who provided heatware
huh?Originally posted by: Tylanner
"I owe it to myself to tell you that if you're taking the whole tribe cross-country, the Wagon Queen Family Truckster is the way to go. You think you hate it now, but just wait until you drive it."
Originally posted by: Mo0o
First time I've heard used carsalesman as a career goal from a 20 year old
Originally posted by: mchammer
No experience in car sales, plenty of heatware.
:thumbsup:
Originally posted by: oldsmoboat
Originally posted by: mchammer
No experience in car sales, plenty of heatware.
:thumbsup:
I almost fell out of my chair!
But it got me thinking. I own lots of clothes. Maybe I'll start designing and put Versace out of business.
Originally posted by: Mo0o
Originally posted by: oldsmoboat
Originally posted by: mchammer
No experience in car sales, plenty of heatware.
:thumbsup:
I almost fell out of my chair!
But it got me thinking. I own lots of clothes. Maybe I'll start designing and put Versace out of business.
I'm interested in financing your business. Whats your heat and ebay feedback?
Originally posted by: oldsmoboat
Originally posted by: Mo0o
Originally posted by: oldsmoboat
Originally posted by: mchammer
No experience in car sales, plenty of heatware.
:thumbsup:
I almost fell out of my chair!
But it got me thinking. I own lots of clothes. Maybe I'll start designing and put Versace out of business.
I'm interested in financing your business. Whats your heat and ebay feedback?
Heat in sig.
Sucky Ebay
Originally posted by: Mo0o
Originally posted by: oldsmoboat
Originally posted by: Mo0o
Originally posted by: oldsmoboat
Originally posted by: mchammer
No experience in car sales, plenty of heatware.
:thumbsup:
I almost fell out of my chair!
But it got me thinking. I own lots of clothes. Maybe I'll start designing and put Versace out of business.
I'm interested in financing your business. Whats your heat and ebay feedback?
Heat in sig.
Sucky Ebay
Hmm.. I'm sorry, I can not finance someone who is picky and complains too much. But if you follow Rightwingers plan you can be a millionaire in 20 years. Seems foolproof to me.
Originally posted by: oldsmoboat
Originally posted by: Mo0o
Originally posted by: oldsmoboat
Originally posted by: Mo0o
Originally posted by: oldsmoboat
Originally posted by: mchammer
No experience in car sales, plenty of heatware.
:thumbsup:
I almost fell out of my chair!
But it got me thinking. I own lots of clothes. Maybe I'll start designing and put Versace out of business.
I'm interested in financing your business. Whats your heat and ebay feedback?
Heat in sig.
Sucky Ebay
Hmm.. I'm sorry, I can not finance someone who is picky and complains too much. But if you follow Rightwingers plan you can be a millionaire in 20 years. Seems foolproof to me.
Hmmm... My wife is the Finance/Internet Manager for a Chevrolet dealership...