Import business partner needed

[jonnyd]

Hi there,

Im looking for a potential business partner for Importing automobiles and automobile parts into the DR. If you have any knowledge of this business area please contact me.

Thanks,

jd

[Chip]

As far as the auto parts go, I have a Hungarian friend here who has a auto repair shop who plans on starting a parts import business. Send him a private message - TheHun.

I also have a Dominican neighbor who used to import cars to sell and I'm sure he would be a great source of info - as long as you speak Spanish. Let me know.

[cobraboy]

Auto sales are down 60%, dealers have massive inventories, banks and financieras are repoing 40-45% of their collateral for non-payment, parts houses have excess inventory and you'd be competing against some wealthy, well-connected Dominicans.

Spent the $$$ on rum and chicas. You'll lose it and have much more fun.

[Chip]

Originally Posted by cobraboy

Auto sales are down 60%, dealers have massive inventories, banks and financieras are repoing 40-45% of their collateral for non-payment, parts houses have excess inventory and you'd be competing against some wealthy, well-connected Dominicans.

Spent the $$$ on rum and chicas. You'll lose it and have much more fun.

...$$$???

[rsg]

Originally Posted by cobraboy

Auto sales are down 60%, dealers have massive inventories, banks and financieras are repoing 40-45% of their collateral for non-payment, parts houses have excess inventory and you'd be competing against some wealthy, well-connected Dominicans.

Spent the $$$ on rum and chicas. You'll lose it and have much more fun.

I import cars to the DR and many other countrys,most of my dealers that i work with are very slow now..The demand for cars at the moment is way down from previous years.The part of high percentage of repos by the banks is very true,so this will make vehicles more available at a better price.
This is a very hard and complicated business to get into in the DR, especially when you have no knowledge of the way things work here and you are asking for advise and help on DR1.
I am not trying to discourage you, but warning you that the car business in the DR is not the kind of business that you can just jump in to like a bar or store etc..If you are not well connected here you will have a tough time making it.

[TheHun]

Originally Posted by jonnyd

Hi there,

Im looking for a potential business partner for Importing automobiles and automobile parts into the DR. If you have any knowledge of this business area please contact me.

Thanks,

jd

What is your background in the automotive industry?
Are you in the DR?
What exactly are you looking for? A connection outside of the DR, perhaps in the US?
The Hun

[dgtlman]

I would like to export used automobiles and parts to the DR. Anyone interested?