This presentation provides an overview of starting a used car business. It notes that used car dealers can make substantial profits through arranging financing for used car purchases, adding optional products, and profits from trade-ins. The presentation recommends several options for a used car business model, including a luxury used car dealership, online dealership, or physical store. It lists legal documents needed like licenses, permits, insurance. Finally, it observes that the used car market is larger than the new car market and growing companies have opportunities in this field.

1. Welcome to
presentation on
Used Car Business

2. Used Car
Business
P R E S E N T A T I O N B Y
P R I M A R Y I N F O R M A T I O N S E R V I C E S
W W W . P R I M A R Y I N F O . C O M
M A I L T O : P R I M A R Y I N F O @ G M A I L . C O M

3. USED CARS
Thousands of used cars for sale in India

4. negotiated
pricing

5. USED CAR
BUSINESS
HOW TO MAKE MONEY?
Do Used car dealers make money?
Most dealers don't make the bulk of
their profits on the sale of a new car.
The big profit usually comes through
arranging car loans, selling add-ons,
and making money on your trade-in.
Dealers can easily make a profit of
$3,000 just through the financing
alone

6. IF YOU ARE AN ENTREPRENEUR
LOOKING TO START A USED CAR
DEALERSHIP BUSINESS, YOU CAN
CONSIDER ONE OF THE FOLLOWING:
• USED LUXURY CARS DEALERSHIP
BUSINESS
• ONLINE USED CARS DEALERSHIP
SHOP
• PHYSICAL USED CAR DEALERS
STORE
• MULTI BRAND CAR DEALERS

7. Business and liability insurance
Certificate of Incorporation
Tax Payer’s ID
Fire certificate
Used Car Dealership Business License
Business Plan
Non – disclosure Agreement
Employee’s Handbook (optional)
Facility permit / license
Franchise or Trademark License
Insurance Policy
THE LEGAL DOCUMENTS YOU MAY NEED TO RUN A USED
CAR DEALERSHIP BUSINESS

8. Players in the car dealership industry sell both
brand new and used cars and they may fall into
any of the following niche areas; brick and
mortar car dealership shop, online used cars
dealership shop, locally produced car dealership
shop, imported car dealership shop, luxury car
dealership business
To get started

9. Companies in the field

10. Pre-Owned Car Market Bigger Than New Car Market

11. QUESTIONS? Thanks