Really glad I found this site. First off, I'm a new car dealer, got my auction access and had my first run at manheim last week in Hayward. I bought some cars for what I thought was pretty cheap, and then went into the sales office to get the release form. There was a very nice lady at the front desk who asked if i had just gotten into the business and had a niche for Frame damaged cars? i said what? She then told me thats what the Yellow sign with FRAME meant.
Now i just got a couple cars that apparently have frame damage.... not a good start from what I can tell. Is there a dealer education company out there that teaches you the business? Anyone care to share? I took a dealer class at a denny's in San Jose ( I know). This was to get my license. We went over all the regulations of the DMV, but nothing on how auctions work, or any inside info. Actually, now that I think of it, the class had a lot of pretty misleading info.... "Go to an auction, buy a car for $5k, sell it for $10k easily? Cmnon!
Now, a few people overheard my situation, and 2 of them mentioned I take a class taught through FFW Auto Group. Apparently, the owner of the company was a few people ahead of me in the sales office.... wish i could have met him and asked. From my understanding, he teaches as a hobby and apparently has a lot of stores. Only problem is, I already took the Pre licensing class and don't want to sit through another 8 hours without the gist of the class being on how the business works. Has anyone taken his course? is it worth taking for someone like me who just wants info on how this business works? Is there a company that strictly teaches new people like me how to successfully start in this business?
Any help is appreciated.
› See More: New Dealer, really need some help. Sf Bay area