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How To Start A Car Dealership - Autos - Nairaland

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How To Start A Car Dealership by ZzZzzzzzzzzzzzz: 9:07pm On May 22, 2021
Good evening brothers and sisters Good evening sir /ma. I grew up wanting to be a car dealer.

I am opening this thread because I want to learn more about what it takes to be a car dealer and what cost/cost estimation it requires to be a successful car business man

I need guidance and ideas from seasoned importers and sellers of cars
Re: How To Start A Car Dealership by Cashalhaji: 9:39pm On May 22, 2021
Same with me here
Re: How To Start A Car Dealership by DARLYNBOI: 10:04pm On May 22, 2021
Same here of my
Re: How To Start A Car Dealership by Trustme2(m): 7:03am On May 23, 2021
DARLYNBOI:
Same here of my
Get money first
Re: How To Start A Car Dealership by Mrsoft3(m): 7:22am On May 23, 2021
Trustme2:

Get money first

That's not true.


Let me quickly share my side of the story:
I love cars,I wish to own many cars. As times goes on I started thinking business and as alover of both agric and automobiles I decide to start something.

I really don't have huge money to say, in my agric business the small change I had could not buy anything but it could pay for my transportation to the market, so I will go to the market get prices of grains, come online and upload. People would contact me, some will buy and I will make my small gain. I started growing from there and expanding.

Now to the car business, I discovered for every business to thrive and stand the test of time,and bring notable profit you must first research properly. As a lot of questions,stupid ones,good ones etc.
I met with some car dealers and I started asking them what to look out for in a car, they told me somethings. I went to meet car owners and asked them what do they really want in a car, they told me their own opinion and also what they look out for. Even at that the answers I got was not enough.
I got a money for one other business but because it was not time I quickly decide to get a car and resell, in my ignorance I quickly saw a post on nairaland of a car, I got the car hoping to make gain. The car was super ok and all that. I did my advert on Facebook,jiji, nairaland, WhatsApp,friends, word of mouth etc. I got calls people priced. The money I was looking for to be honest I got people willing to pay but then time(don't ever sell a car without collecting your complete money). I needed quick money so I can go to the other business the money was meant for. It was a huge risk, you must be a huge risk taker in car business. I sold the car at a lost, and I believe the lost was price for my ignorance now experience.

But I won't give up, set backs are normal. I have been taking risk all my life and I don't get scared. I only want to calculate my risk that's the goal. I intend meeting other car dealers who have cars available,I will help them market. Add my small gain and build fr there till I get enough capital to stand my ground. Being a middle man Is a fast way to get money and grow.

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Re: How To Start A Car Dealership by ZzZzzzzzzzzzzzz: 8:23am On May 23, 2021
Thank you mrsoft3
What was it that the dealers told you
Re: How To Start A Car Dealership by ZzZzzzzzzzzzzzz: 8:24am On May 23, 2021
Trustme2 how much are we talking about?
Re: How To Start A Car Dealership by Trustme2(m): 8:35am On May 23, 2021
ZzZzzzzzzzzzzzz:
Trustme2 how much are we talking about?

Foreign or Nigerian Used. You want to market on social media or have a stand
Re: How To Start A Car Dealership by Mrsoft3(m): 11:46am On May 23, 2021
ZzZzzzzzzzzzzzz:
Thank you mrsoft3
What was it that the dealers told you


They told me how to check for first body, engine number(it must correspond with the pappers if register),vin. How to check for manufactured date tru the seat belt,or by the side of the door.
The sound of the engine,test drive and see if the legs are all ok, engine seat,gear seat etc

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