How to Start Used Car Business

The industry of used car business continues to grow in the United States and across the world – providing a ready market for those who want to get into this business venture.

As long as you have enough money to get started, you can go on a used car business even without having your own office.

You can begin buying used automobiles and then repairing them a bit before selling it directly to your buyers. You will instantly see that there are big chances for profit when it comes to the industry of used cars. Actually, there are even some reports that indicate that at least 80% of millionaires in the United States admit to driving secondhand cars. What does that mean to you? Well, it only confirms that you will have a lot of potential clients whether rich or not.

Now there might be some people who would tell you that you need to have an extensive technical know-how when it comes to the mechanical aspect of cars just to get into the car business. While it is true that this could be an advantage for you, it is not a requirement at all. You can begin buying and selling cars and then learn about the technical aspect along the way. Initially, what’s important is that you know how work your way around closing deals effectively and making some profits out of it.

Having your own car lot is even not necessary. Of course, you could have it later on as you progress more and more in your business so you can store more cars for your clients but as you get started, you could instead operate from home and then simply deliver cars to your buyers’ home or office. This method works for a lot of experienced sellers who do their businesses from their own homes so this should also be effective for you.

Worried that you don’t have enough capital? Well, you should also know that the used car industry doesn’t have to cost you big bucks just to get going. As a matter of fact, a few hundred dollars would be enough so you can start a used car business immediately. Besides, you can simply allocate some of your earnings so you can use it for future opportunities as well.

The most important thing here, of course, is that you would have your own list of prospective buyers and keep on adding names to that list. You could inform friends, relatives, former co-workers, neighbors and many others so they would know about your services. At the same time, you can ask for some referrals from them so you could get more customers in the future. It’s actually a good idea if you can offer a percentage for anyone who can refer you to a client so they would be more motivated to help you find more buyers.

For anyone still doubting the profitability of used cars, you should know that the earnings for new cars are extremely low. With just a few necessary repairs, you will be able to sell used cars in a reasonable price and you can keep earning that way.


  • antonio said on October 3, 2010
    need help on starting my own used car business in Paterson, NJ
  • Thomas G Visagie said on January 31, 2011
    Dear sir my name is Thomas G Visagie and I want you to help me how can I start my own used car business here in rehoboth -namibia My location is Rehoboth block 57c, Postal address , P.O.Box4196 Rehoboth,, Cell:+264813079261
  • Gaurav Gulati said on March 13, 2011
    dear sir i want you to please help me how can i start my business of used cars, GAURAV GULATI 09717332442. INDIA , NEW DELHI 110019
  • DHRUBAJYOTI THAKURIA said on March 24, 2011
    dear sir, presently i am doing a job of sales and marketing in a pharma industry in guwahati. i also want to start my business of used cars. will u pl help me with some innovative ideas. my location is Guwahati, Assam, India, pin-781025
  • uttam kumar chowdhury said on November 12, 2011
    i want to start my business with used car. how can i get idea about pls help me and my location bangladesh, chittagong
  • Habibur Rahman said on December 6, 2011
    Sir, I want to start my business with used car. how can I get idea about this business. please inform me. I'm from Dhaka, Bangladesh. Mob:01728653334.
  • zafar said on December 11, 2011
    Sir, i want to start my business with used car. kindly help me how can i get idea about this . please inform me , where i import cars ,etc in karachi , pakistan
  • Noorul Haque said on January 17, 2012
    Hi, I am based at Bhubaneswar, India. I am very keen to start a used car business of my own,would request you to provide few tips and ideas on this business and would like to know what sort of profit margin one can expect. Thanks & Regards, Noorul.
  • zezo said on March 27, 2012
    hallo i need your help i am in ny. from where i buy the used car ? what the best place ? and what about for the selling ? thanks
  • amit S Patel said on August 10, 2012
    hello team, i want to start Used Car business i need your help to start with kindly guide me accordingly to help me. Thanks & regards amit
  • Eseyin Olagoke said on September 12, 2012
    I'd like to start a used car business. But I am targeting buying from auctions in the United States. Can you point me in the right direction? I live in Asaba, Delta State, Nigeria. +234 803 4801 922
  • Maxwell Ntungama said on January 4, 2013
    I am Maxwell Ntungama from Lilongwe, central, Malawi please help me with some tips so that my business can grow. I've just started doing the business but i've realised that i started with a high amount of capital about $2500.
  • safwan said on May 3, 2013
    hi sir, I want to start a used car business in Karnataka. would you request to provide few tips and ideas on this business and would like to know what sort of profit margin one can expect. my capital is only 6-7 Lack RS. is-it OK too start business of this capital. THANKS AND REGARDS. SAFWAN.......
  • Milan said on May 14, 2013
    Want to know the basic steps from starch to go live for used car business ,Location - Orissa, INDIA Regards MILAN , 91-7738503544
  • samuel kandjimi said on May 16, 2013
    i'd like to start up a used cars retail/business my location is rundu in northwestern part of namibia would like to know how much plus/minus should one have to start up a car dealer business
  • Atul said on June 23, 2013
    hello sir, i want to start a used car business in Delhi, India. so please suggest me , how should i start the business? What amount of capital would i need to invest? and what procedures should i follow to start a business.
  • ravikumar said on September 18, 2013
    I wish to start a used car business. My location is nh 13, hospet, Bellary district, Karnataka.
  • Kallol Kar said on December 31, 2013
    I am an educated young man residing in Kolkata city (W,B), India, now I start a new car business, how can I start.
  • sanjay singh said on August 20, 2014
    I want to start a used car classified site like for buying and selling used cars in india.
  • rahul tyagi said on September 1, 2014
    Hello sir, i want to start my used car business in noida india, pls suggest me how to start business and what will be the procedure. Regards Rahul tyagi
  • Vinod Kr. Deka said on November 5, 2014
    dear sir, I'm studying now Automobile Engineering in Guwahati, Assam. Sir, can I know how to start a used car/old car business?
  • Lina said on January 27, 2015
    Hi! I'm Lina in Madagascar; I want to buy used cars or car boot mechanics from countries where are close of us. I would do it as a long term business. so if you are interested call me direct by 261330574849 or send me e-mail on
  • Ray said on May 8, 2015
    Dear Sir, I am mechanical engineer with MSME and MBA degrees. I am about 61 years old I want to start a used car business. I have some understanding of mechanical aspect of cars and bought and sold on & off once a year cars.

    My question: Is it a good idea to start this business at my age? I am energetic and enthusiastic, health wise ok for now. Is it a good Idea or bad idea to go in this business with an partner? If so how should I start my used car business?
    I am in Hampton Virginia State.
    I found a place with M3 zoned (industrial) vehicle repair ok Rent: $700/PM
    but cannot sell for the location.
    I found another place with M2 zoned (industrial) repair and selling of Used cars is permuted and it is on a 17,00/day traffic road Rent: $1500/PM.
    I appreciate if you can help me with your expert advice.
    Thank you, Ray
  • Mike said on June 25, 2015
    Need info pls
  • SANJAY Bakshi said on July 16, 2015
    SIR , I am interested please let me.
  • NABA said on November 1, 2015
  • Avishek Goswami said on May 18, 2016
    i want to start used car business in purnea ,bihar (854305)


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