From a 2.6 to 3.0 GPA. If you current have a 2.6 gpa or C+ average, these are the future grades you will need to maintain for the remainder of your classes to graduate with a 3.0 B average.rom a 2.6 to 3.0 GPA. If you current have a 2.6 gpa or C+ average, these are the future grades you will need to maintain for the remainder of your classes to graduate with a 3.0 B average.
Now add in the cost of the bond, utility deposits, signage, legal fees and other requirements and you can plan on spending another $1,000 to $3,000..! So the initial cost to open a used car dealer license can run $3,000 to $10,000 or more depending on your particular state.
The typical profit on the sale price of a new car is less than $1000 (after the dealershipâs costs are subtracted from the sale price) but dealerships often count on several thousand dollars of profit from the sale of a trade-in. So how do car dealers make money this way? From a customerâs perspective, used cars are trickier to buy than new cars. New cars come on a level playing field, with its entire brief past spelled out on the window sticker and every detail available with a few minutes of online research.