The initial cost to open a used car dealer license can run $3,000 to $10,000 or more depending on the particular state. States usually require used car dealerships be located in commercially zoned areas which means high rent. Landlord's usually require a first month rent and security deposit costing between $1,000 to $3,000. States also require insurance and a surety bond which will cost between $1000 to $5,000, again depending on your particular state. Why spend $3,000 to $10,000 to get into the used car business when you can join a Co-op Dealership for around $1,000.

After the initial start up cost, a used car dealer is then faced with high monthly overhead such as rent, insurance and utilities. Depending upon your area, this ongoing monthly expense will usually run between $500 and $2,000 per month. An often overlooked monthly expense is payroll. Most states require office hours and a bonafide employee on site during those hours. New Hampshire for example, requires that someone be on site thirty seven and one half hours per week. Why spend $1,000 or more per month to be in the used car business when you can join one of our Co-op Dealerships for a low fixed cost of $299 per month.

The headache and hassle factor of opening your own dealership is also a major consideration when getting into the used car business. The rules, regulations and requirements of opening and maintaining a used car dealership can be overwhelming to say the least. The first hurdle is the location as many cities and towns are not welcoming of used car dealerships. After getting approval by the city or town for a location you then need to deal with the DMV and navigate the licensing process. Bonds are generally required, insurance is a must and dealership training courses are common. Why spend days upon days of valuable time navigating the legal maze to be in the used car business when you can join one of our Co-op Dealerships and be attending auctions within 48 hours.

The initial cost to open a used car dealer license can run $3,000 to $10,000 or more depending on the particular state. States usually require used car dealerships be located in commercially zoned areas which means high rent. Landlord's usually require a first month rent and security deposit costing between $1,000 to $3,000. States also require insurance and a surety bond which will cost between $1000 to $5,000, again depending on your particular state. Why spend $3,000 to $10,000 to get into the used car business when you can join a Co-op Dealership for around $1,000.

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Lorem ipsum dolor sit amet, consectetur adipisicing elit. Itaque, optio corporis quae nulla aspernatur in alias at numquam rerum ea excepturi expedita tenetur assumenda voluptatibus eveniet incidunt dicta nostrum?

Loremm ipsum dolor sit amet, consectetur adipisicing elit. Itaque, optio corporis quae nulla aspernatur in alias at numquam rerum ea excepturi expedita tenetur assumenda voluptatibus eveniet incidunt dicta nostrum?

Lorem ipsum dolor sit amet, consectetur adipisicing elit. Itaque, optio corporis quae nulla aspernatur in alias at numquam rerum ea excepturi expedita tenetur assumenda voluptatibus eveniet incidunt dicta nostrum?

Lorem ipsum dolor sit amet, consectetur adipisicing elit. Itaque, optio corporis quae nulla aspernatur in alias at numquam rerum ea excepturi expedita tenetur assumenda voluptatibus eveniet incidunt dicta nostrum?