Vehicle Exports Business Success Stories [2024]
The vehicle exports business is a potentially lucrative opportunity for entrepreneurs with a passion for the automotive industry and a desire to work internationally. This business involves purchasing vehicles from domestic manufacturers or dealerships and exporting them to foreign markets.
To run a successful vehicle export business, you must understand the global automotive market and the regulations and requirements for exporting vehicles to different countries. You will also need to establish relationships with manufacturers and dealerships to source your vehicles and with shipping companies to transport them overseas.
The benefits of running a vehicle exports business include the potential for high profits, as vehicles can often be purchased at a lower price domestically and sold for a higher price in a foreign market. Additionally, the global demand for vehicles is consistently high, providing a steady stream of potential customers.
Overall, the vehicle exports business is a challenging but rewarding venture for those who are willing to put in the time and effort to research and understand the global automotive market. With the proper knowledge and connections, this business can offer a fulfilling career in the exciting world of international trade.
In this list, you'll find real-world vehicle exports business success stories and very profitable examples of starting a vehicle exports business that makes money.
1. Marshal Group LLC ($27.6M/year)
Marshal Group LLC was founded in 2007 with the idea of exporting vehicles from the U.S. and Canada to destinations abroad. The founder, who had a deep passion for cars and experience in the car sales industry, had a game-changing moment when someone from Iceland won a bid on one of his cars on eBay, leading him to realize the vast market for exporting cars. Since then, the business has grown significantly, with $26 million in revenue in its first two years of operation.
How much money it makes: $27.6M/year
How many people on the team: 5
Learn how one entrepreneur, without a college degree, built a vehicle exporting business from his bedroom to $26 million in gross sales his first year and went on to net an impressive $2.3M per month through agile team management, technology integration, and cultivating relationships with global auto dealers and brokers.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
