Start Car Leasing Company?

Question

Hi,

How can I start a car leasing company, I don't want to actualy stock the cars, just be like a broker. How do I get all the leasing progams?

Answer 1

You asked this yesterday and got almost nowhere.  If you are serious about this venture, then Y!A is not the best jumping-off point.   Theres more misinfrmation here than fact.

BUT

I would start by calling up one of the major leasing companies like GE Credit, CapitalOne or any ot the big ones.  Find the area representative for your city and start the ball rolling.

At the very least, you will still need a dealer license, so you may as well get rolling to the DMV too.  be prepared - to get a dealer license you will need a background check, place of business, business insurance, surety bond, and credit references.  

I don't know where you live, but in NV (where I am) the initial licensing process can take upwards of 6 months.  My surety bond this year was just short of $8k.  So you need time, patience, and money -- as usual -- when dealing with the DMV

Hope that helped