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Used Car Business Plans – Quality Assurance

Quality assurance is an important element of the used car business, and your methods should be explained in your business plan. Used car dealers must be able to know that the cars they sell are salable to keep a positive reputation in the community and to avoid any legal entanglements. Lemon Laws First, a used car dealer should know the so-called "lemon laws" of the state he operates within. Lemon laws protect customers who have been sold a car which ...

The Used Car Business and 4 Lies About Starting to Buy and Sell Cars For Profit!

You can start to buy and sell cars for profit with little knowledge of cars and little money. However, here are five lies about this business that I need to reveal now... Lie Number One: You must have expert mechanical knowledge of cars before you start your used car business. Untrue! The Truth: Knowing a few mechanical things about cars certainly won't hurt, but I started doing this with almost no mechanical knowledge about cars. However, there is some specialized ...

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