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How to Become a Licensed Car Dealer for Under $3K Entrepreneur Tutorial Vlog

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I will tell you how i was able to do it in this video on How to Become a Licensed Car Dealer for Under $3K. Be your own boss by becoming an entrepreneur. It is really easier than most think it is. It does not take a huge investment. Invest in yourself and your own future. Subscribe for reality TV Review/recaps, original comedy sketches/skits, hair & wig reviews, makeup makeovers and fitness & health videos. 🌹My new book: http://amzn.to/2iV1ERM HOW TO MAKE $1,000 PER DAY PROFIT LEGALLY SELLING CARS AND BECOME A MILLIONAIRE QUICKLY USING A FEW SIMPLE STEPS WHEN YOU HAVE VERY LITTLE MONEY 🌹Subscribe to my other channel: 'Platinum Life' https://www.youtube.com/user/payitforward07 🌹🌹Facebook page: https://www.facebook.com/LifeBeautyBody 🌹🌹🌹Instagram: @platinumrose4 🌹🌹🌹🌹Twitter: @PlatinumRose4 🌹🌹🌹🌹🌹Business Inquiries: [email protected] Music and sound FX provided by AudioMicro.com
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Text Comments (269)
Brandon dsadasdas (1 year ago)
How much do you make from this job? Please let me know, I'm not trying to be rude, I'm just curious
Mohamed Hassan (1 year ago)
Platinum Rose plz may you guide am in Africa and I only have $5000 This is my no plz inbox me +252711949012
Platinum Rose (1 year ago)
You can ramp up quickly to $1k/day. If you need more detail... http://amzn.to/2iV1ERM
G Money (5 days ago)
I really liked your video and I also live in Cali. Would like to meet you in person if possible so you can walk me through this! It's alot of information. Thanks
Hodhid Ali (6 days ago)
Hey thanks... Do I need to have a bathroom in the place
Hi I admire you
John Doe (11 days ago)
Im in Indiana can u let me know about opening a office in a commercial space not retail location like where best buys and clothing stores are. Because here in Indy its 1300 sq ft and min. 10 cars
lakeem muhammad (20 days ago)
Wow you’re super beautiful.
Love Rose (1 month ago)
Are you paying on your lease while you’re waiting for your application to be processed?
James Barrick (1 month ago)
Write out an outline before you make a video... you are winging it and it showed
Andre Harris (1 month ago)
Could i get my licenses without trying to have a business????
Platinum Rose (1 month ago)
Andre Harris Yes but if you ever want to sell to someone else who does not hold a license, you have to have a retail license which means having the office.
Myk Pena (1 month ago)
thanks for posting the info. Is it possible to have a business lunch? I would love to pick your brain on businesses you've ran, owned and have dissolved. I have other questions about this business as well. I'd love to buy better cars that didn't need so much fixing up before reselling. Thanks for you time and effort...sincerely, MykL
Tara DuPayne (1 month ago)
I'm about to start it here in Florida, there is a physical and online course.
LiLong50 (1 month ago)
Hey platinum Rose, I LOVE THIS VIDEO! This is GREAT INFO! I have a quick question: I live in Van Nuys, CA, I noticed that you you said that you got your first office space for $425! WHERE IS THAT? Can you please give me that info, or point me in the right direction to find THAT TYPE OF DEAL!?!? I'm taking my dealers course this Tuesday, so I'm SUPER excited and want to hit the ground running!! THANKS SO MUCH!! :-D
Quincy Monroe (1 month ago)
Thank you for this video you are very instructive I will be sure to take notes, 🤞
Chris Leslie (2 months ago)
if we lived in a free country you could buy and sell cars all you want....
dirk diggler (2 months ago)
Very educational tyvm! I subbed😙
Alan Chan (2 months ago)
thank you for a step by step video
Paris Manzo (2 months ago)
I would love if u messaged me I could use ur expertise
emh00lah (2 months ago)
U high?
Alone monk (3 months ago)
Green screen chrome key that’s funny
Nargiza Imramziyeva (3 months ago)
Great video. 2 questions: 1) can I get a wholesale license if I'm not a US citizen? But I have SSN and expired CA driver license :) 2) with wholesale license can I export cars? Thanks
Platinum Rose (1 month ago)
Nargiza Imramziyeva That is super specific so I would contact DMV directly with those questions.
Kevin Bently (3 months ago)
That was an awesome informative video...Thx
CuuCH CRUSHER (3 months ago)
Hi Platinum Rose, I know this video is old, but I have a quick question. What type of insurance do you have for you dealership? I've been looking around but I can't seem to find any good information (I've spoken with several insurance agents).
Tara DuPayne (1 month ago)
Surety bond and or garage liability
Quentin Hancock (3 months ago)
Great video! I gained a lot of information from watching. Outside of a surety bond, what other type of insurance will be required?
Can you sale semi trucks with the lic to
Whole sale means you have to sale to a person with a wholesale lic or can I sale to a Joe blow
Platinum Rose (1 month ago)
iam the interstellar the beyonder of free thinking With a wholesale license you cannot sell to Joe Blow directly. With a retail license you can. You would have to get someone with a retail license to sell your wholesale car.
Thanks for the info
Vell Williams (4 months ago)
Thanks for the information! Keep smiling, blessed and positive :-)
this is really informative thanks! 18:28 smile is magic
💯💯❤️🙏🏼🙏🏼
Platinum Rose (4 months ago)
👍🏼
Hood Rich (4 months ago)
Do you have to have a drivers license to have a dealers license?
Platinum Rose (4 months ago)
Yes.
Chi - RaQ (4 months ago)
I really appreciate your valid information on this video I’ve learned a lot from you but I’m still lost about “Zoning”
Chi - RaQ (4 months ago)
Conscious Mo Thanks for your help!! Well the office I located from craigslist it’s in a commercial 3 story building with huge parking lot including medical offices and some other business offices in there. Do you believe that can pass for zoning? Since you’re experienced
Conscious Mo (4 months ago)
Chi - RaQ the office or residence you do business in by law has to be legal for you to sell cars in that specific location that’s called zoning for example you cannot open a liquor store within 10 feet of a church or school because that specific location is zoned for churches and schools
Michael King (4 months ago)
What if I've got a gold record?
Platinum Rose (4 months ago)
??
Joshua Rhodes (4 months ago)
I'm looking for a investor for the San Diego Region area. I have 8 plus years in sales. Just need a investor. Message me
Goldstein Rae (4 months ago)
Can u sell one car at a time?
Ulex bleach (3 months ago)
Yep
Platinum Rose (4 months ago)
Goldstein Rae Of course
Equinox Night Day (4 months ago)
Great direction for someone who starts out with less than 10 cars.
Reuven Classica (4 months ago)
Lookin like a snack
Sephora Dynasty (5 months ago)
Link me ill buy. Your book
Jesse RH (6 months ago)
Does having a record mean you can't be a felon or even a misdemeanor will disqualify you ?
Noir Spectre (5 months ago)
Jesse RH sort of....flipping cars is illegal bro..in every state, Its also not a profit turner like these niggas have you believe UNLESS youre a mechanic who repairs the car too AND/OR you are NICHE car dealer like classic cars, tuner cars...etc. What you're essentially doing is selling an untitled unregistered car to a person, a stranger...so your name is nowhere in the transaction. So whos selling the car, and if someone buys the car, gets into trouble. Gets into an accident and dies it could come back to you. You really gotta do it fast and smart and under the radar...i wont tell you my secrets but there ways if youre creative...and put your money in a safe deposit box that way its not on paper anywhere. Also on the sale of every car is tax...most of us who buy cars with cash know that its better to gift a car or tell the notary you sold for a really low price to avoid taxes...so you would need a few different notary offices because after you sell a few cars and avoid taxes youll look suspect. Thats what she aint telling you. Why do you think everybody isnt doing this shit? But i know PLENTY OF FELONS who flip cars....they don't make that much they buy junk and sell high, which is what they all do.. shes talking about putting the business on paper which is kind of dumb anyway.
zabama z (6 months ago)
Why you can't find anywhere in the internet, what's the average expenses to run a wholesale dealer
taxxfreee smith (6 months ago)
I follow you. You or so smart and Gorgeous I stay in the bay area up north in trying to do my business up here can you help I have the cash also let me come out there and go to a action wit you..
kalasnikov segura (6 months ago)
Worst bitch to explain lol
Fades JumpShot (6 months ago)
Love the vid all because of you now I want to be a car dealer you are very pretty too hope your dreams and wishes become true very amazing 😉 video
Platinum Rose (6 months ago)
Thank you so much!
Carlos U. (6 months ago)
Nice video. Thank you! How were you able to do it from the small office lease by not being there, did you ever make the video?
Just 1 (7 months ago)
Thank you so much for this info.. My sister you are a true blessing...It's going to take me some time but with the information you provided it's worth taking the chance...Thank you and God bless you just for sharing this with the community...
Platinum Rose (7 months ago)
Just 1 Excellent!
BlueNinjaX11 (7 months ago)
Beautiful words of wisdom and advice from a beautiful intelligent woman. Thanks and wish me luck out here.
Platinum Rose (1 month ago)
BlueNinjaX11 Good Luck‼️
Anisia Morton (7 months ago)
Thank you, I'm listening & learning on this topic too.
K (7 months ago)
Can the office be in a building that has other offices but different doors?
Platinum Rose (7 months ago)
Yes. The main thing is that the 'dealership' has its own unique address not shared by any other business.
CRAIG BROWN (7 months ago)
Platinum Rose I'm interested in starting a car business and have $3k but have no experience in this field. Do you thank it's possible for me to achieve this goal with no experience?
Platinum Rose (1 month ago)
LEVEL CRAIG Absolutely.
Alex Patti (7 months ago)
I’ve bought your book thanks for the tips! Can you elaborate on how you do your offsite sales? Is that legal
goddessev86 (7 months ago)
Just to help you out, LLC is limited liability COMPANY! Thanks for your advise.
Adolfo Arteaga (8 months ago)
Hello love the info , I have one question . When you get your license and let’s say for example sell a $6,000 car what is the customer wants to finance ? Does the DMV training class help with that ?
Denaa David (8 months ago)
Great video. I just need help finding an office and the lot space in Michigan. 10 parking spots required. I'm just concerned about the sign display and zoning.
Hi Platinum Rose. Thank you for all the wonderful tips you share. it is greatly appreciated. I am currently residing in Michigan and partners as a wholesale car dealer. I want to sell used cars to dealers in Cali but not familiar with whats allowed for out of state and foreign dealers. I have been trying to get through to the California dealer division for months and constantly left on hold or call back list and never get called back. Is there a direct number of someone to talk to ??
Jaimie Johnson (8 months ago)
I passed my Class in Sacramento California. I have my Certificate now just looking for a space is the hardest! But watching your video u make It sound easy they told me this in the class! Great Video
Ernesto Paz (8 months ago)
she fadded lol but thanks for the advice im trying to start up. already selling cars on the low.
Ernesto Paz (8 months ago)
Platinum Rose ohh sorry i didnt know . But thanks for your advice. Im going to start to look for a location. Im also located in california .
Platinum Rose (8 months ago)
Not faded newbie. Don't smoke or drink. Eye surgery but you're new.
Latasha Gray (8 months ago)
Hey Platinum Rose! Is there a reason why someone wouldn't get approved for a license?
Platinum Rose (8 months ago)
How about starting your business and making enough money to then not have to worry about your credit? IMHO, there will always be a reason to procrastinate. I get it. Its scary but if you want it, you have to go for it. Cut out all the extras and the money will miraculously appear. Starbucks, drinking, hair, nails, designer bullsh*t shopping, ALL entertainment... Register with Mint and see where your money is REALLY going. Sorry I got carried away. Seriously though, drive uber or sell sh*t on eBay if you've cut thing out and still don't have the money.
Platinum Rose (8 months ago)
Call or go into your City Hall they will transfer you to the right office and let you know.
Latasha Gray (8 months ago)
And my credit isn't the best, should I just wait to get my credit in order completely to (currently working on it) apply for my wholesale license?
Latasha Gray (8 months ago)
Okay, i know u mentioned if you have a business inside your home with obtaining your wholesale license. How do I know if my home is in city limits?
Platinum Rose (8 months ago)
Yes. The number 1 reason is not passing the background check.
cali west (9 months ago)
Was the car business good for you?
cali west (9 months ago)
Platinum Rose thanks for replying so you started your business with less than 3k or exactly 3k?is getting a dealer license easy?and worth it?
Platinum Rose (9 months ago)
cali west Do you mean “is”? Yes!
AC Pranks (9 months ago)
I'm in socal too. Where and by whom did you take the test?
Emmanuel Onochie (9 months ago)
I like your video and I am planning to get the wholesale license and the broker license. Can you please make a video on how to make profit from selling cars both used and new. Thank you
David Oluseitan (9 months ago)
Quite informative, I would like to ask, can a space in my home be used as an office? Is it acceptable to obtain the wholesale dealership license? I own my home in btw.
john minasi (9 months ago)
You have your wholesale and retail license? Should I start with wholesale first or do both at the same time?
510gorillaman (9 months ago)
I have a small office here in norcal i only pay $250 a month,I want to open a dealership but my question is,Is it better to just sale curbside and pay no tax or more profitable by owning the offical dealer lot with all licences?Some on the internet say flipping cars with a blank title is more progitable and less headache then registering as a business Whats your thoufhts please???
510gorillaman (9 months ago)
Platinum Rose thanks alot i will do
Will Harris (9 months ago)
Platinum Rose
Platinum Rose (9 months ago)
🌹If you have a small office already, you're set. In California and most states, its illegal to flip ANY cars for profit unlicensed. Curbing (selling curbside with a sign) is illegal as well. Your biggest expense will be that $250/mo which is peanuts not to have to worry about the feds. getting sued, fines or possibly jail. Follow the book as I outlined it. You're already on your way.
isuru unduwara (9 months ago)
Can i plz contact you
Can you name it after video game characters
hot boy (10 months ago)
I am interested in become a used car dealer the right way, thank you for sharing. I am motivated more by watching this, I know it won't be easy but it will be worth it.
simeon310 (10 months ago)
I went to a strip club called the platinum rose 🌹.
ISLAND TRUCKER (10 months ago)
Hi I just found your channel, great content. I'm looking to get my license to do wholesale and your videos are providing the information I was looking for. How many transporter tags do they give you? Can you go to auction in any state to buy and sell?
ISLAND TRUCKER (10 months ago)
Platinum Rose thanks for sharing info. I'm in Florida
Platinum Rose (10 months ago)
Are you in Cali? In California you pay for your dealer tags depending on how many you want. When I last checked, they were around $85 each and they are renewable every 2 years after you've been licensed a year. I can buy i any state as a licensed dealer. You have to be registered for whatever auction you are attending beforehand though.
Brad Hubbard (10 months ago)
Good Stuff. Thanks for sharing. First video I've seen of your's. Looks like I need a drink or 2 to catch up! Cheers!
Platinum Rose (10 months ago)
Welcome!
Mia Baker23! (10 months ago)
Listen great video 😍 I just need a car a 2015 or better ( I prefer better) Dodge Challenger.. or a BMW 5 Series 2013 or better little to no miles no more than 60,000 miles for 10,000 or less... Now how can I make that happen? I really need my dealer license right now but I need another car😤😤😤😁
7115sugarhill (11 months ago)
Quick question as a licensed dealer can you have a representative from your dealership buy for you at the auction or do you have to physically be there to bid,and do you advise in buying salvaged cars from a insurance auction? Please help me on this matter. keep up the good work.
Platinum Rose (10 months ago)
Many auctions do allow representatives from your dealership to buy for you under your license. Just look at their TOS (terms of service), website or call them. I do not mess with salvage titles at this time.
Damarie H (11 months ago)
Thanks so much for the information. I am on the fence because I am afraid of failure😦. Have a question about the Surety Bond. Can you explain?
Damarie H (11 months ago)
Platinum Rose LOL. Your Awesome! Will do. I don't want to be that anymore.
Platinum Rose (11 months ago)
90% of folks are afraid. They are called employees. Take the leap. As far as bonds, google for your state for more info.
Isaac Nino (11 months ago)
Very informative. Subscribed!
Exclamation Thoughts (1 year ago)
Great job explaining sister so far the best video on topic I have found
Platinum Rose (10 months ago)
🌹Thank you.
Kid Wray (1 year ago)
She's so sexy
Rob P. (1 year ago)
Good video!
2cents (1 year ago)
Can you mentor me?
mike o (1 year ago)
What the difference between wholesale and retail also what Forms I need for either one
Platinum Rose (10 months ago)
In California, its easy. We are required to have signs for a minimum of 2 parking spaces. Drive around business areas looking for reserved spaces in the parking lots. The ones you see that say "auto" or "car" are dealerships. See if the building has any available offices to lease. Also look on Craigslist.
mike o (1 year ago)
Platinum Rose I would like to thank you for this video that was really nice of you One more question how I be able to find a small office to start my business By the way I am from California
Platinum Rose (1 year ago)
You need a retail license to sell to the general public. Wholesale license you can only sell to other dealers and auctions. Forms needed depends on the state you are in.
Craig Smith (1 year ago)
Very informative. I will like to know if it's okay to get a office that has no spot for bought cars from auction? The place I have in mind is in Florida and it's a plaza that has 4 business offices and each business has 2 parking spots entitled to them. I appreciate your info. Much blessings to you.
Adolfo Arteaga (1 year ago)
How can I get licensed without a lot ? I would like to start without if I can then work my way yo getting a lot
shaz smart (1 year ago)
Hello Platinum Rose, does your ebook have any info on how to finance cars to customers?
Platinum Rose (1 month ago)
shaz smart No. I have no financing advice in there.
Arturo Sanchez (1 year ago)
what should i do if i want to export caras to mexico would that be retail or wholesale ??
King Tolu (1 year ago)
Thank you!!!!!!!! 💪🏿 I just quit both of my jobs to start my business full time! A lot of misinformation out here! I'm nervous and scared but I have some money saved up and I'm very hopeful and optimistic! My employee days are over! Lol
Blake Buchholz (3 months ago)
it's been 11 months, how has it gone?
Noir Spectre (5 months ago)
Bro i wouldve kept my job and flipped cars on the side....flipping cars is not the way, or else everyone would be doing it
Cam Net (1 year ago)
Congrats! Did you start a car dealership?
Ronald 20785 (1 year ago)
I'm trying to get licensed in MD. Can you email me the info I need to obtain a license?
E The King (1 month ago)
Ronald Singleton Maryland is terrible for trying to get license.
Platinum Rose (1 year ago)
Ronald Singleton http://www.mva.maryland.gov/about-mva/info/27100/27100-02T.htm
Abdulrahman Idris (1 year ago)
I'm very interested in this business you are so beautiful that I could'nt focus on what you were saying lol 🙈
Lutab Khan (1 year ago)
i am a used car dealer in Namibia and now i am planing to start used car business in Colorado pls assist me with the info of starting a used car business . my name is Khan Ml . Awan
arnold bart (4 months ago)
In Colorado beter jetskys bussines
Platinum Rose (10 months ago)
Get my book. The basic steps are there. https://www.amazon.com/LEGALLY-SELLING-MILLIONAIRE-QUICKLY-Independent-ebook/dp/B01JBBRAFQ/ref=pd_rhf_gw_p_img_3?_encoding=UTF8&psc=1&refRID=PFVBZBEPZ9FJHC2PMC2Z
Lutab Khan (1 year ago)
how can i start car business in usa Colorado
The Airport Chauffeur (1 year ago)
I don't actually want to own a Dealership, except to have it sell to my own Car Service(s). What should I do?
Efreet17 (1 year ago)
U so hot and high mmm
Kelvin Reeves (11 days ago)
Lol I was thinking shes high or drunk too lmao but good info tho
Kevin Ruíz (27 days ago)
Platinum Rose email ?
Kenny205 (4 months ago)
Efreet17 or wine? 😁😁😁
Knowledge is Power (1 year ago)
Platinum Rose -so Hot!!!
Platinum Rose (1 year ago)
Efreet17 Thanks. Not high though. #NotOnDrugsAnyway
Stealth (1 year ago)
Are Miatas easy to flip?
Noir Spectre (5 months ago)
Stealth if you have a niche....which how you will actually make real good money from flipping. Flipping just anything says a lot about you, but flipping niche cars, like tuner cars like a miata says that you mean business and youre focused. If i do it id buy all the tuner cars i could find, Hondas, nissans, etc. And do repairs and have the cars ready to rock i could actually make good money. Not just a couple dollars... Most people who flip cars. Flip junk. Its not a reliable money maker...
OFFICIAL PISTOLAPETE (1 year ago)
thank you for the info
Romeo Edmund (1 year ago)
I am interested in buying cars online. Thank you
Johnny Ricardo (1 year ago)
I got Few questions . When u purchase ur vehicles, do u buy them for inventory or wait to purchase by order with a non refundable deposit? Also how do u get financing for ur customers or do they all pay cash? Do u also use a bank to finance ur purchases.
MANNY LATE (1 year ago)
Thank you. I just purchased your book as well. Great information! Do you have a service where you guide people through the licensing process ?
Platinum Rose (1 year ago)
Hello MANUEL LATEULADE. I do not have any additional service other than my short book. The steps vary slightly state-to-state but the steps are really quite straight-forward.
12 skits (1 year ago)
Yaya! Tests!.....
Obediah (1 year ago)
I like your videos because you sound like a regular person. Another word, what you're saying is not scripted. Thanks for putting this together.
YA BOY O (1 year ago)
Great Information Thank You.
Keesh Jordan (1 year ago)
Red Wine huh? Thanks for the info.
pipiligrama (1 year ago)
Would it be possible to have a virtual office instead of renting an actual office? I know some virtual offices can display your business license in the building for you. Do you know anything about that?
GT 4real (1 year ago)
what are ways to buy the cars and sell them?
cristian ruiz (1 year ago)
How do I get started if I have the money ready ?

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