With the New Year here, you have talk of goals and aspirations in this new and fresh year. What will you do?
As many set fitness and professional goals, what will your 2023 aspirational goals bring?
What if your goal amounted to uncapped financial potential? If this sounds appealing to you, pursuing a wholesale dealer license may be the goal for your 2023 year!
Here at US Dealer Licensing, it is our goal to make yours come true! Reach out to our experienced professionals today and inquire how you can start working toward your dreams today.
Why do I want a dealer license?
If you are an entrepreneur or a car enthusiast, you may want to consider getting a wholesale dealer license in order to buy and sell cars without the hassle of going through traditional dealerships.
Having a dealer license can save you time and money, while also allowing you to purchase vehicles at wholesale prices. It can be a great way to earn a living or make some extra income.
With a dealer license, you will be able to purchase vehicles directly from dealers and then resell them at a higher price to another dealer, giving you the opportunity to make a profit on every car that you buy.
Additionally, you can buy used cars at auctions or from private owners and then resell them for more than what you paid for them. This is a great way to get into the car business without having to invest too much money up front.
A dealer license also allows you to offer financing options to potential customers. This is beneficial if you are looking to attract more customers who may not have the funds available to pay for their vehicle in full. By offering financing options, you may be able to increase your sales and potentially make more profits.
Overall, having a dealer license is a great way to get into the car business and make some extra money in the process. If you have been considering entering into the car business, getting a dealer license is one of the best ways to do it. With the right resources and guidance, you can obtain your wholesale dealer license in as little as 30 days.
What are the basic requirements for a wholesale dealer license?
Getting your wholesale dealer license in about 30 days isn’t something that just anyone can do. In most states, it requires meeting certain criteria before you can obtain a license.
To start, you must be at least 18 years of age and have a valid driver’s license. You also need to be a permanent resident or citizen of the United States, have a minimum amount of net worth, and provide proof of financial responsibility.
Next, you need to have a physical business location to operate out of. You may use a rented or leased space, or you may own the property yourself. Regardless, you’ll need to provide information regarding the location of your dealership and any evidence of occupancy, such as a lease agreement.
In addition to these requirements, you must provide proof of bond and insurance coverage for your dealership. Depending on the state where you apply, this may require filing an application with the Department of Motor Vehicles (DMV) and providing a surety bond for the minimum amount specified in your state’s law.
Finally, you’ll need to pass a criminal background check and complete any additional training courses required in your state.
Reach out today!
If you’re ready to get started on the path to getting your dealer license, there are a few steps you can take right away.
The first thing you will want to do is contact US Dealer Licensing—we are a reputable licensing service to help guide you through the application process. We can explain the laws and regulations in your state, as well as answer any questions you may have about the process.
Start pursuing your dreams with an avid passion! If you don’t make this decision for yourself, who will?