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dealer |
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dealer n. anyone who buys goods or property for the purpose of selling as a business. It is important to distinguish a dealer from someone who occasionally buys and occasionally sells, since dealers may need to obtain business licenses, register with the sales tax authorities, and may not defer capital gains taxes by buying other property. |
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City officials said they are hopeful upscale dealerships, such as Infiniti, Lexus and Volvo, will begin taking a hard look at the auto mall. Kahn owns a number of dealerships throughout Southern California, and Roth said Kahn intends to use the proceeds from the sale to buy more dealerships. While the auto industry sold near-record numbers of new vehicles, indicating a drive in the right direction, many dealerships were forced to shut their doors. |
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Dealerships
