Advice on setting up a used car dealership in PA

wannadlrship · #1 (**permalink**) 02-03-2009, 06:53 PM

Hi

I am renting a property zoned properly and have obtained a certificate of occupancy. I'll be forming an LLC and next step will be to apply for dealer license. Being new to the industry I have some general questions:
1) If I want to offer a warranty on used cars are there any you recommend and any programs to stay away from?
2) How old can cars be for warranty?
3) If I sell 20 - 30 yr old cars - how would the financing work?
4) Do not plan on being a notary - so I assume I'll have to go to local tag place to process title

FYI - The cars will probably be worth more than book value. I only plan on having 2 to 4 vehicles in stock at a time - so it will not be a big operation. I have extremely low overhead < 1400/mo including rent,insurance and phone and utilities and I am really good at making detailed web pages showing off interior, exterior and undercarriage. I've helped numerous folks sell their own cars by building web pages for them so I know it can be successful. Just new to the financing,warranty, titling etc,.

wannadlrship · #2 (**permalink**) 03-02-2009, 02:32 PM

I posted this around a month ago - as i suspect not much traffic on this site - thx anyway

daniel86 · #3 (**permalink**) 07-02-2009, 02:23 PM

I suggest you look into various websites regarding information and that will help you.

Free USA Auto Classifieds · #4 (**permalink**) 07-15-2009, 08:32 PM

Quote:

Originally Posted by daniel86

I suggest you look into various websites regarding information and that will help you.

Yes, there are a bunch of other sites, just google it..
I would post some sites, but fear the webmaster wouldnt like! lol!