Can you make money as an auto broker?
An auto broker's average salary is between $40,000 and $60,000, but for a luxury auto broker, it could be as high as $250,000 a year. The reason that it's tough to find an auto broker's average salary is that most luxury auto brokers (and general auto brokers) make their money from a commission of each sale.
Is using an auto broker worth it?
In the end, most consumers can save hundreds if not thousands of dollars by hiring a professional to broker the purchase of their next car. But beyond the dollars, you're also saving hours of hassle in avoiding the traditional walk-up or even an Internet-based dealership experience.
What is the difference between a car dealer and a broker?
What's The Difference? A Dealer is the car company that owns the cars they are making available for lease and purchase. A Broker is an impartial “middleman” who works for the buyer to find the best deal available on a vehicle that the buyer wants.
How do I get my auto brokers license in California?
How to Get a California Auto Dealer LicenseDetermine Which Type of California Car Dealer License You Need.Attend a Dealer Training Program.Obtain a Permanent Business Location.Acquire Licenses and Permit.Compile the Required Documents.Obtain Your Auto Dealer Bond.Arrange a Place of Business Inspection.