Setting up a dealership...

Setting up a dealership...

Author
Discussion

cronk-flakes

Original Poster:

3,480 posts

253 months

Wednesday 22nd August 2007
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Anyone got any idea whats involved?

Case of getting meetings and building close relationships with manufacturers CEO's etc...? Then getting the showroom space/staff?

m3psm

988 posts

221 months

Wednesday 22nd August 2007
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I looked into this for motorbikes some time ago and it was simply a case of buying enough units.

To be a Kia dealer for example you'd have to buy say 10 units up front but for Chrysler you'd have to buy 50 and Ford 200. They also did a check of the premises to make sure they could suit the brand image and you had to be outside of the patch of other dealers and it was that simple.

I'm sure it's a smidge more complicated for cars but it's basically about them shifting cars and being well represented. If you can afford the stock and have suitable premises I can't see a problem.

Mustard

6,992 posts

245 months

Wednesday 22nd August 2007
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Best way to become a Millioniare Car Dealership Owner is to start off with Several Million, you'll soon be down to a million before you know it! biggrin

escargot

17,110 posts

217 months

Thursday 23rd August 2007
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Mustard said:
Best way to become a Millioniare Car Dealership Owner is to start off with Several Million, you'll soon be down to a million before you know it! biggrin
hehe Too true.

Personally, I'd consider going down the route of small scale trading and slowly growing your business. This will give you a feel for how the trade works (it's not overly complicated but it's so easy to get your fingers burnt), it will also give you a useful network of contacts within the trade who ultimately you can call on for staffing requirments et al.

cronk-flakes

Original Poster:

3,480 posts

253 months

Thursday 23rd August 2007
quotequote all
Cheers Guys! thumbup