How to Become a Classic Car Broker? (Part 1)

Posted by Steve White on Sep 24, 2012

If you have an interest in classic cars, you may want to consider becoming a classic car broker. A classic car broker acts as a middleman between buyers and sellers of classic cars, and charges commissions for his or her services. This profession gives you the opportunity to see all kinds of classic cars and meet people who share your passion, and it can also provide great financial rewards. Here are some useful tips on how to become a classic car broker:

1)    Improve your classic car knowledge – You need to have extensive knowledge about classic cars and their values if you want to become a successful classic car broker. Some of the things that you can do to improve your classic car knowledge include attending classic car shows and auctions, becoming an active member of major classic car clubs, and reading classic car books and magazines.

2)    Study your target market – It can be very costly to own and maintain a classic car, and therefore, you have to make sure that your potential customers have the financial means to indulge in the classic car hobby. You can get information about the income distribution of your target market by contacting the Chamber of Commerce in your locality. Also, ask for other information that will help you determine if the market has enough classic car buyers and sellers, such as general economic climate, age group distribution, and leisure activities.

Leave a Reply


required


required (will not be published)

Categories
Archives