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re: Used car business

Posted on 5/16/12 at 3:49 pm to
Posted by Alabama Slim
2009,2011 BCS National Champions
Member since Jul 2007
9956 posts
Posted on 5/16/12 at 3:49 pm to
35,000?

350,000 might get him on his way... big might though.

Posted by Roach
River Ridge, LA
Member since Nov 2007
4258 posts
Posted on 5/17/12 at 8:46 am to
$35,000 is not going to cut it. He needs to convince a bank to provide him with a floorplan so he can build up a nice inventory of vehicles. Of course, the bank is going to want proof of Dealers Open Lot insurance before they would floorplan for him. Also, his finances would have to be in pretty good order.
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