Life in the Fast Lane: Surety Bonds and Other Unlikely Requirements to Running a Used Car Dealership

It’s been three years since the recession began and times are still tough for many. Signs of a recovery, however, are starting to abound and President Obama in his 2011 State of the Union speech zoned in on reviving the economy, helping American businesses, and encouraging American innovation as his top priorities. One industry that’s experiencing healthy sales where the future looks optimistic is used car dealerships. From February 2010 to February 2011, the used car market saw 12% growth and if the pace sustains the number of used car sold by the end of 2011 could hit 39.8 million. If you’ve always wanted your name plastered on license...

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