10+ Best & Profitable Car Dealership Business Ideas [2023]

Ready to cash in on the lucrative auto industry? Discover 10+ of the best & profitable car dealership business ideas that you can start in 2023. Get started today!
Nick

By Nick Cotter
Updated Feb 07, 2024

Image of car dealership business ideas
This page may feature products from our affiliate partners, which could influence the products we discuss due to potential compensation. Despite this, our evaluations are impartial, based solely on our independent analysis. The content here is intended for informational purposes and should not be seen as legal advice. For professional guidance, consulting with a legal expert is recommended.
What are you waiting for?
Quit that job & start your business with ZenBusiness today.

Hey there, future entrepreneur! Ever thought about diving headfirst into the fast-paced, ever-evolving world of car dealership? Well, buckle up, because 2023 is your year to hit the gas and steer your way to success. Imagine yourself, standing on your own lot, surrounded by shiny, new vehicles, ready to be picked by their new owners. Sounds exciting, doesn't it?

Whether you're a car enthusiast, or someone seeking a profitable business venture, the car dealership industry is a goldmine waiting to be tapped. And guess what? You don't need to be a motorhead to thrive in this business. With the right ideas, strategies, and a dash of determination, you can drive your way to the top.

So, are you ready to rev up your entrepreneurial engines? Let's shift gears and explore the 10+ best and profitable car dealership business ideas for 2023. This journey is going to be educational, motivational, and most importantly, a lot of fun. So, let's get started, shall we?

Car Detailing

Car detailing is a service which involves the restoring and protecting of an automobile. It includes cleaning, waxing, polishing and other steps to make a vehicle look shiny and new. Car detailing can make a great business idea because:

  • It has relatively low start-up costs.
  • You can offer a variety of services such as interior cleaning, engine degreasing, and shampooing carpets.
  • You can work flexible hours around your customers' needs.
  • It's a rewarding service – customers love seeing the results after you finish.
image of a Car Detailing

Used Car Sales

Starting a used car sales business can be a great opportunity for entrepreneurs. It can be a relatively low-cost business to start up, and requires relatively little technical knowledge. Here are some of the benefits of starting a used car sales business:

  • Low initial investment
  • Small office space or storefront required
  • Recurring revenue from ongoing sales and servicing of vehicles
  • Potential for high profit margins
  • Growth potential through expanding services or locations
Featured Business Formation Partners
image of ZenBusiness logo
ZenBusiness
Turn your business vision into reality with ZenBusiness's streamlined LLC formation and expert support services.
Newfoundrz Rating ★★★★★
image of Northwest Registered Agent logo
Northwest Registered Agent
Secure your business's future with Northwest Registered Agent's personalized LLC formation and privacy-focused expertise.
Newfoundrz Rating ★★★★★
image of Bizee logo
Bizee
Kickstart your business effortlessly with Bizee's comprehensive LLC services and free first-year registered agent support.
Newfoundrz Rating ★★★★★

Examples of successful businesses:

The automotive industry is a booming business and has many successful companies operating in it. Here is a list of some of the most successful car dealership businesses across the globe:

  • AutoNation
  • Lithia Motors
  • Asbury Automotive Group
  • Penske Automotive Group
  • Group 1 Automotive
  • Sonic Automotive Group
  • Courtesy Corporation
  • Koch Industries, Inc.
  • Gossett Motor Company
  • Gateway Auto Group

New Car Sales

New car sales is a business idea that involves selling new cars to customers. This business idea can be profitable, allowing entrepreneurs to enjoy a more financially secure lifestyle. There are numerous benefits associated with new car sales, including:

  • The ability to earn a high profit margin
  • The ability to offer competitive pricing for customers
  • The ability to provide customers with reliable and efficient services
  • A chance to build a long-term relationship with customers

Auto Parts Retail

Opening paragraph:Auto parts retail is an excellent business idea for those who enjoy working on cars and have a working knowledge of the vehicle parts industry. With the right planning and execution, an auto parts retail business can be a great success. Benefits of an Auto Parts Retail Business: - Customers will come to you over the internet or in person to purchase the parts they need. - An auto parts retail business allows you to create lasting relationships with customers as they come back for maintenance and replacements. - This business is relatively inexpensive to start as you can partner with auto part wholesalers to get discounted pricing on items. - Once established, your profit margins will increase as you no longer need to order items via wholesale. - You can offer additional services such as installation or repairs if desired, increasing your revenue streams even further.

Auto Body And Repair Shop

An auto body and repair shop is a great business idea for anyone looking to help others with their vehicle maintenance needs. By offering convenient repairs, detailing services, upholstery, and more, customers can get their car in top condition in no time. There are several benefits to starting an auto body and repair shop, including:

  • No shortage of customers - There is always a need for automotive repairs and services, so you will never be short on customers.
  • Low overhead costs - The initial investment for such a business is relatively low compared to other businesses.
  • Flexible hours - Due to the range of services offered, you can choose to operate your business with hours that best suit your lifestyle.
  • Opportunity to specialize - As your business grows, you can specialize in certain areas or offer specialty services that may attract more customers.

Car Wash And Oil Change Services

Car washes and oil change services make for a great business idea because they are needed services for cars and trucks. They provide an important service that is required regularly for cars, making them ideal for repeat business. Here are some of the key benefits of offering car wash and oil change services:

  • Protection against rust and other damage from exposure to the elements
  • Improved fuel efficiency, resulting in lower costs over time
  • Safer driving conditions, as a well-maintained car will handle better in all conditions
  • Increased resale value, as a car that has been regularly serviced will maintain its value longer than one that has not

Wheels And Tires Sales

Wheels and tires sales could make a good business idea due to the potential for high profits. Wheels and tires are an important part of any vehicle, so they are always in demand. Additionally, they can be relatively expensive, giving you more room to markup prices. Here are some of the benefits of starting a wheel and tire sales business:

  • You can offer a wide variety of wheel and tire brands to choose from
  • You can market your business in various channels such as online, print advertisements, radio, television commercials, etc.
  • Having strong relationships with suppliers can help reduce costs
  • You can offer discounts or bonuses which will attract more customers

Car Stereo Shop

A car stereo shop is a business that specializes in the installation and maintenance of car audio systems. This can include anything from simple head unit replacements to complex sound system upgrades. It is an ideal business venture for those who are knowledgeable and passionate about car audio, as it provides access to a wide range of products, services, and customers.

  • Customized sound systems
  • Installing of audio components
  • Complete sound system upgrades
  • Troubleshooting/Repairs
  • Accessories and components
  • Amplifier and subwoofer installation
  • Head unit replacements

Window Tinting Services

Window tinting services are a great business idea for those who are looking to provide custom window treatments to their customers. Window tinting adds privacy, helps keep out glare, and can even help save energy in buildings with large windows. Window tinting services offer a variety of benefits and services to both residential and commercial customers.

• Professionally applied window films reduce energy costs • Helps protect furniture and flooring from fading due to UV rays • Increases privacy • Enhances overall appearance of the building • Blocks harmful UVA/UVB rays • Easily removable and customizable window tints

Automotive Customization Shop

Automotive customization shops are businesses that specialize in customizing vehicles and making them look more unique. From painting, to window tinting, to audio installation, an automotive customization shop can offer a variety of services that are both stylish and practical. Here are some reasons why it could be a good business idea:

  • It allows vehicle owners to customize their cars according to their tastes and preferences.
  • The service is in demand, as many people like the idea of adding some personal flair to their vehicles.
  • The potential for repeat customers is high, as customers will likely come back if they are satisfied with the results.
  • The cost of entry is relatively low compared to other businesses.

Nick

Founder and CEO

I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.