How to Start Your Own Auto Dealership without all the complaints

June 14, 2011 Leave a comment

In the used car business, there are  methods of making money, and doing so without all the complaints that come with selling used vehicles.  Complaints are one of the more difficult things to control when selling used vehicles.

Selling Classic or Restored Vehicles

Your first task is to assure that your knowledge is up to date. You should be an expert on your vehicle and the company that produced it so start by reviewing your reference library and other sources of information. (A good library will also be seen as a huge bonus to buyers.)

According to Daniel Schmitt & Co in St. Louis Mo, ” Selling a collectible vehicle can be difficult and you should therefore expect to spend some time and money in the effort. If you expect top dollar, you must first prepare yourself and the vehicle for showing and then implement a well thought out marketing plan.”

Selling Used Car Retail

Retail sales of a used car occur at a dealership or on a car lot. On the lot, customers will visit you, browse the cars that you have in inventory, and talk to your salespeople. The customer will find a car that they like and purchase it from your dealership. This typical transaction is the retail used car dealership.

Other than the typical retail dealerships, there are other situations that allow a person to sell used cars in a retail setting. You are actually permitted to sell used cars retail at a small office location if you can pass all of the legal requirements. A good example of this will be an auto repair shop selling cars that they fix up, direct to their customers. If the repair shop has passed all of the legal requirements, this is perfectly a legal way of selling cars.

When you sell used car retail, the average profit margin is around $1,000 per used car sold. As a used auto dealer, this is the profit margin that you will target for. Of course in each sale the profit margin does fluctuate rather significantly. It is typical to sell your cars at a profit margin that is significantly higher or lower than the average profit margin of $1,000 per car. There are many reasons why this happens, and I have listed it here. Keep in mind that it is the combination of the factors described below that will determine the profit margin of your sales.

Click here to read on…

How to Start Your Own Auto Dealership – Part 2

Enjoy!

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Looking at a classic car for sale? Keep reading for great tips!

June 14, 2011 Leave a comment

Buying a classic car for sale is different than buying a typical used car. You’re buying a car that isn’t just being used to get you from point A to point B. You want something special and unique.

Getting Started!!
Most people looking for a classic car have an idea of the vehicle they want. It could be a Chevrolet Bel Air, a Corvette, or even a model T Ford. The fun begins once you know the vehicle you want.

The best place to start off is speaking to current owners of a model you’re interested in. Local car clubs and organizations love talking about their cars. In fact, they’ll tell you more than you ever wanted to know. You’ll get quality tips from these people and it’s free!!

Think about the cost of parts! Research what the repairs will cost before buying something that needs a lot of items replaced. New parts for old cars can be very expensive because they are generally difficult to find and sometimes need to be custom built.

Keep reading at

http://www.all-about-car-selection.com/classiccarforsale.html

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1956 GMC Truck – Classic Cruisers

June 13, 2011 Leave a comment
How often have you heard the line, “I’m just going to fix a couple of things and leave it a driver,” followed by too much time and money later with, “Well, one thing led to the next, and it got carried away!” That was Bob Cummings of West Richland, Washington, with this ’56 GMC. Bob bought the pickup, drove it home, got out the air tools to fix a couple of things, and after 12 years it is finally back on the road. 

Bob got a good start on the mechanicals, which ended up as a Camaro clip with Heidts’ narrowed control arms and RideTech ShockWaves up front. Out back he installed a 9-inch via a four-bar setup along with a pair of airbags. With the chassis handled, the driveline was the next step. Bob chose a GM Performance 502-cube Tri-power–equipped big-block backed by a hefty TH400.

Next came a couple of body mods, like rounding the door corners and shaving the driprails, just like he’d seen in an old Classic Trucks tech article, but soon realized that he was in a bit over his skill level and needed help. To make a long story short, Riley Morris and the three other 20-somethings at Rocket’s Hot Rod Garage in Sunnyside finished making the thing pretty, including the highly modified ’91 Chevy Sportside bed (another one of Bob’s bright ideas that ended up being major work). Finally, in spite of his help, the boys got him on the road this past summer. CT

Read more: http://www.classictrucks.com/features/1108clt_1956_gmc_truck/index.html#ixzz1PBnkY2i3

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1965 Chevy Chevelle – Mom’s Ride

June 13, 2011 Leave a comment

The usual evolution of a street machine is from a grocery-getter to a boulevard bandit, a domesticated six-cylinder cruiser to a barely tame beast that breathes fire and scares young children. While the car in this story isn’t the opposite of that prototype, it certainly splits the lane as a nonconformist. Our tale begins with Brian Lau’s big plans. He’d found this ’65 Chevelle and was fully focused on stuffing a Rat motor and four-speed in between the framerails. He had already begun the transformation when his mother, Louise, borrowed the A-body for a quick trip to town. She discovered that the near 50-year-old sedan was a comfortable fit and told her son she needed “a hot rod of my own.” With that, Brian’s plans took a decided swing toward a more conservative approach. The mini-tubbed rear wheelwells would remain to allow stuffing a big tire under the back, but the motivation for those rear tires would now come from a breathed-on, 383ci small-block and an automatic with overdrive to make those trips into town more enjoyable. And it would be safe, with a complete set of Wilwood disc brakes on all four corners. Now Mom gets puzzled looks from the Honda and Toyota kid drivers who fully expect a much younger pilot behind the wheel. As dad Ron says “It sounds like it has a bigger motor than what’s in it.” That’s OK. The kids don’t know that.

Read more: http://www.carcraft.com/featuredvehicles/ccrp_1107_1965_chevy_chevelle/index.html#ixzz1PBnFf8n6

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Featured Company:Daniel Schmitt & Co Zero Complaints on Ebay

June 13, 2011 4 comments

Daniel Schmitt & Co have been an Ebay seller for 10  years and have a 100% rating on Ebay.  With zero complaints in 10 years, I would say that makes them an outstanding member of the Classic Car Community. It has become increasingly difficult to run a car dealership without a flood of complaints, however Daniel Schmitt & Co seem to have it fiqured out.   Congrats Daniel Schmitt!  Here is some of their feedback…

Joe and Krista were very helpful and it was a pleasant purchasing experience, no complaints at all!
Cadillac : Eldorado (#390287670147)

Very nice transaction, thank you Joseph. Vehicle as described. Highly recommend
BMW (#390299643055)

Excellent Transaction! Nicest Bronco I’ve seen! I Highly Recommend this Seller!!
Ford : Bronco (#400110270172)

Highly recommend,service was great Thank you Joseph Burgarello & Krista Phillips
Other Makes (#390136604102)

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