Depending on how much time you’re
Posted: Sun Jan 19, 2025 4:01 am
Depending on how much time you’re willing to put into this, making around $30,000 – $40,000 in pure profit at the end of the year is not unreasonable. It will take some dedication and discipline to get there though.
You will also go through some slow periods when you’re not buy algeria cell phone number list any action on the cars you’ve got listed for sale, and at the same time you can’t find any good offers. Take those opportunities to learn more about the business – places like reddit offer a wealth of information.
Try to keep your inventory as low as possible. Having 1-2 cars for sale at a time is feasible for most people. You’re quickly going to run into storage problems if you try to increase that number. Of course, your situation may be different. If you’ve got plenty of free space for those cars, you might want to increase the number accordingly.
At What Point Do You Need a Dealer License?
One point you should pay close attention to is the need to obtain a dealer license. You’re only allowed to sell a few cars per year without one. After you’ve crossed that threshold, your state will require you to get licensed or you’ll face heavy penalties.
You will also go through some slow periods when you’re not buy algeria cell phone number list any action on the cars you’ve got listed for sale, and at the same time you can’t find any good offers. Take those opportunities to learn more about the business – places like reddit offer a wealth of information.
Try to keep your inventory as low as possible. Having 1-2 cars for sale at a time is feasible for most people. You’re quickly going to run into storage problems if you try to increase that number. Of course, your situation may be different. If you’ve got plenty of free space for those cars, you might want to increase the number accordingly.
At What Point Do You Need a Dealer License?
One point you should pay close attention to is the need to obtain a dealer license. You’re only allowed to sell a few cars per year without one. After you’ve crossed that threshold, your state will require you to get licensed or you’ll face heavy penalties.