The car trade project is one of the commercial projects with high investment rates if implemented traditionally, meaning that the cars are bought and then resold to customers at a higher price. The difference between the buying and selling prices represents the revenues, from which the monthly expenses are deducted from them to eventually produce a net monthly profit, which is often high, especially for showrooms that sell many cars per month. But we are not going to talk about the car trade in this way because it needs millions. Instead, we will talk about the car trade in a way that suits the low capital “capital for the preparation of the headquarters only,” and, interestingly, this method may result in huge profits if the work is done professionally and according to necessary standards. Follow us with all the details and requirements below.
How to trade cars at the lowest costs:
The idea is to open an exhibition for the trade of modern used cars, i.e., cars of the last three or five years’ models at most, and in this following article, we will explain how to get cars to sell and profit from them without spending any money on that. So you have a reputable business that can make big profits without incurring the bulk of the costs, which is buying cars.
It aims to practice business professionally to achieve high sales and profits so that parts of those profits can be relied upon to develop the project and turn it into a famous and weighty car showroom.
The location and space of the Automobile Trade Show project:
It is required to rent a headquarters in one of the areas with an average or above-average standard of living, and it is required that there be a large number of residents and many people who visit cities and other areas visit it to spend and fulfill their daily needs.
As for the area of the headquarters, it shouldn’t be less than 60 square meters, and let the headquarters be a large shop or an entire ground floor with the area mentioned in one of the residential buildings. The large shop or the ground floor where the choice is located should have three slots so that three cars are displayed at the same time, and there must be a space in front of the exhibition so that it is also used for the display of cars so that you can display about seven or more cars at the same time.
Equipment for the car trade fair project:
The project requires installing ceramic floors, light-colored paint, LED lights on the ceiling, and office furniture to host customers. A room inside the headquarters can be designed from wood, and an air conditioner should be installed. And customers are also hosted because the entire exhibition conditioning process will be expensive, and it is also essential to hang A large plaque on the facade of the exhibition. And if you have money, we recommend implementing a cladding facade, as it is more elegant and fits car showrooms.
Also, some necessary equipment must be provided, such as a fixed telephone, more than one mobile phone, a laptop for use in e-marketing, and an Internet connection, in addition to the safety and security equipment represented by fire extinguishers and internal and front surveillance cameras “attached to the facade.” It is preferable to install a fire alarm and To close a computer to close the exhibition during off working hours.
How to get modern used cars for sale:
This is the most expensive part of the car trade project established traditionally. Still, in the case of our project, the sale will be relied on for the benefit of others in the beginning until good profits are achieved, and then the purchase and sale are made traditionally.
To obtain used cars of modern models “the last five years at most” to run the project, it is possible to rely on some feasible methods and methods, including, for example:
* Agreement with acquaintances and friends wishing to sell their modern car to display it in your car showroom, and you will get your commission if you succeed in selling it.
* Making advertisements at the exhibition’s doors, as well as making free electronic advertisements on advertising sites and used car sites, and you may easily reach many car owners around you. And you get your commission from the cars you successfully sell.
The employment of the car trade fair project:
The project also needs an employee to work in sales and purchases, and it is preferable to have previously worked in a car showroom. He must be distinguished by tact, good looks, and the ability to negotiate the commission you want to obtain from the people you sell to or the buyers you sell to.
How to sell cars and make profits:
* The sale is made through the exhibition itself, assuming that the site is in a lively place with a lot of target customers.
* Advertising is done in commercial magazines.
* Goods can be photographed and displayed on electronic advertising sites.
Success factors of the automobile business:
Each project, whether commercial, industrial, service, or of any other type, has some factors that help its success and distinguish it from competitors, and the factors that must be taken into account in the car trading activity are:
1- Showing cars that fit with the chosen location, for example, it is not correct to trade Jaguar or Dodge cars of very recent versions in a middle area, and also not to offer cars of types with less spare parts and not widespread in the market because selling them will be difficult, but it can be difficult. Displays cars that fit the place.
2- You must have whole experience and understanding in the field of car trade and in engines to know the condition of the cars to ensure their quality, and of course whenever they are good they will be sold quickly.
3- When selling, do not exaggerate the commission so that the price of the car does not rise; therefore, the buyer rejects it and searches for a car that suits him in another place.
4- If you find that the work is going well, you can establish a new system that you rely on in the car trade and the current system. This system lies in buying cars for your account and reselling them at higher prices, where the profit will be higher than the commission system. Be careful to buy cars with defects, no papers, problems, or a weak market.
