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How Much Does It Cost to Start a Car Dealership? A Complete Guide to Dealer License Costs and Startup Expenses
Starting a car dealership is exciting but requires planning. Key costs include:
Dealer License & Bond: $50–$500 application, $100–$500 annual fees, bond $10k–$50k (costing $250–$2,500/year).
Insurance: Garage liability $400–$1,500, general liability $500–$2,000, workers’ comp $2,000–$6,000.
Lot & Office: Lease $1k–$10k/month, signage $500–$5k, office $1k–$3k, security $500–$2k.
Other Costs: Inventory $10k–$100k+, software $100–$500/month, marketing $500–$5k/month.
Total Sta

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Oct 283 min read
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