I came across a great website on how to acquire a California Dealers License and the steps involved in order to do so. There are many advantages to having a California Dealers License. This has been a good business for quite sometime especially if you do Buy Here Pay Here Financing.
- You can attend Dealer Only Wholesale Auctions and get really good deals on car.
- You can sell as many cars as you want
- You get Dealer’s license plates which allow you to legally drive around in any vehicle on your car lot.
- You get wholesale prices from Auto body, Auto repair, smog, and parts places, and don’t have to pay any sales tax either.
There is a complete list on the requirements to get you California Dealers License. Some of them include:
- City business license
- Sellers Permit
Some illegal dealer activities include the following
- Not displaying a federal buyers guide
- Employing unlicensed sales people
- Misuse of Report of Sales
- Misuse of Dealer Plates
If you want the really tasty information on how to acquire a retail dealers license in California and pay little overhead you will have to pay for it.