7 Automobiles Information Business Success Stories [2024]

Updated: April 1st, 2024
Start An Automobiles Information Business

Here are some real life success stories of starting a automobiles information business:

1. Schmidt Auto Brokers ($12K/year)

Mbali Schmidt, a stay-at-home mother, started Schmidt Auto Brokers after hearing about the challenges people face in getting car financing due to their credit scores. She saw an opportunity to connect Rent-To-Own dealerships with individuals who have bad credit scores and are declined by banks. Since launching 5 months ago, Schmidt Auto Brokers has already helped multiple customers and is making an average of $1,000 per month.

How much they make: $12K/year
How much did it cost to start: $10K
Current team size: 1

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On Starting A Business By Connecting Dealerships In South Africa With People Looking To Buy A Car

Schmidt Auto Brokers is a five-month-old South African business connecting people with poor credit scores to rent-to-own dealerships; despite being in a highly competitive arena, the business is averaging $1,000 a month and plans to invest more in marketing and advertising to continue growing and helping improve drivers' lives.

About
Mbali started Schmidt Auto Brokers over 3 years ago
Revenue
Mbali grew the business to $1K/month
Costs
It cost Mbali $10000 to start the business
Read by 3,433 founders

So... can you actually make money with a automobiles information business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

So... can you actually make money with a automobiles information business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

5. General Motors

General Motors is home to Buick, Cadillac, GMC and Chevrolet. Find the latest news about GM automotive innovations, investor relations and more. Learn about our company’s rich history and dedication to community, sustainability and personal mobility efforts.

Where they're located: Ararat Province, Armenia
Current team size: 1000
Website traffic: 7.21M/month

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6. Gateway Classic Cars

Welcome to Gateway Classic Cars. We are the largest Classic and Exotic Car Sales Company in the world specializing in classic, collector, antique, exotic and race cars in our complete indoor showroom. Financing offered on all vehicles to qualified buyers.

Where they're located: Atlanta, Georgia, USA
Website traffic: 1.19M/month

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7. Chrysler Capital

Serving both consumers and dealers, Chrysler Capital provides full-service auto finance and leases for Chrysler, Dodge, Jeep®, Ram and FIAT® vehicles.

Website traffic: 1.28M/month

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