I'm looking to get my dealers license, however to get my feet wet, am considering partnering with a licensed dealer. He wants fees per sale and monthly fee for use of dealer plate, as well as initial deposit. Is this a common practice and what numbers a reasonable as far as monthly fee and fee per sale? Any help would be great.
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un-licensed partnering with a current licensed dealer, what should i pay him?
- Thread starter secn2nunn
- Start date
It isn't common because it is illegal in most states.
No offense to you, but there is not way I would let someone operate on my dealer license. Your mistakes immediately become my problems.
My advice to you is either get your license, or just go to work for the guy until you can get a license.
Don't get caught.
No offense to you, but there is not way I would let someone operate on my dealer license. Your mistakes immediately become my problems.
My advice to you is either get your license, or just go to work for the guy until you can get a license.
Don't get caught.
✨ AI Highlights
An unlicensed dealer asks about partnering with a licensed dealer and what fees would be reasonable to pay for using the licensed dealer's plates and license. The respondent warns that this arrangement is illegal in most states and advises against it, cautioning that any violations would become the licensed dealer's legal liability, making it an unwise business arrangement regardless of the fee structure.
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