Thursday, December 8, 2022

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wholesale auto broker

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People also ask:

What is automotive wholesaling?
Wholesalers buy vehicles at auction or from dealers that are having trouble retailing. They then turn around and sell the vehicle for a significant profile. Wholesaling trade-ins is often seen as a necessary evil for managing inventory by moving aged units so they aren't tying up funds.
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.
What is the difference between auto broker and dealer?
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.
Can a auto wholesaler buy from public?
A wholesale dealer license allows you to buy from private parties, at the dealer auctions, and from other dealers directly. ... Wholesale dealers cannot sell directly to the public. There are some additional wholesale dealer sales options and business models which we cover in class.