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 second major cost is the commercial dealer insurance that a used car dealer is required to maintain. Commercial used car dealer insurance can cost up to $20,000 per year and usually requires a down payment of twenty to forty percent..!