Opening a used car lot can be a smart business opportunity for those who understand the auto market. Learn everything you need to get started with confidence.Do Market Research Market research helps you choose a location.Consider the following: - Are trucks, SUVs, or sedans in demand?- Understand local income levels- Who are your competitors and w
If you're looking to break into the automotive industry without the high cost of selling new cars, a used car lot offers a cost-effective model. Learn everything you need to get started with confidence.Understand the Used Car MarketBefore launching your car lot, it’s important to study your area. Your research should include: - What types of v
With zero emissions and cutting-edge technology, EVs are quickly becoming a mainstream choice for personal and commercial travel. As battery technology improves and infrastructure expands, owning an electric vehicle has never been more practical.What Are Electric Vehicles?Electric vehicles are powered entirely by rechargeable batteries, rather th
A car dealership is more than just a place to buy vehicles—it’s a gateway to car ownership. This guide explores everything you need to know about car dealerships, including how they operate, what services they offer, and how to choose the right one for your needs.How Car Dealerships Work These businesses may operate as franchise partners with s
Understanding how car dealerships work helps you get the best deal.This guide explores everything you need to know about car dealerships, including how they operate, what services they offer, and how to choose the right one for your needs.What Is a Car Dealership?A car dealership is a business that sells new and/or used vehicles. Common dealershi