Utility Saving ExpertMotor Trade InsuranceGuidesHow To Start A Used Car Dealership

Motor Trade Insurance Guides

How To Start A Used Car Dealership

Trading cars sounds simple, right? You buy cars at a lower price and sell them for more than you paid.

Like what you’re reading? Get more in our monthly newsletter!

Get the latest news and articles straight to your inbox from Utility Saving Expert

Market research

Before buying your first used car, find out what types of cars are selling well in the city/town you will be operating in, including details of how much they typically sell for.

Think about who you’re selling to, you may wish to target a specific audience e.g. you decide to specialise in selling a specific car make and/or model you have knowledge about. Find out where your target audience buys used cars from, and how long it typically takes to sell a car. You can price your cars by looking at current adverts as well as price evaluation websites, this will help you understand how much you should be charging.

Have a business plan for your used car dealership

Compare cheap motor traders insurance quotes

Inform your local authority

Buy motor trade insurance for your used car dealership

Sell a used car

Register as a sole trader