- The Wholesale Dealer License Scam.
- They are offering you a wholesale dealer license but the services do not make it clear in their promotional material that a wholesale dealer cannot sell to the public.
- Wholesale dealers can only sell to other dealers. Wholesale dealers act as finders for retail dealers. I have received many phone calls from individuals who have invested $2-$3K in getting a “dealer license” only to find that it was wholesale, worthless for what they wanted to do.
The offer may refer to the wholesale license as an auto dealer license, which it is, but it is wholesale only. If you want to sell to the public, do not obtain the wholesale dealer license.
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