At TNS Lawyers, we’ve developed special expertise in automotive law.
The automotive industry in Australia is currently undergoing a period of transformation and faces a number of challenges, including:
For this reason, you need lawyers who understand the unique characteristics of the automotive sector so you can better position your business strategies or personal investments.
AT TNS Lawyers, we have extensive experience working with car dealerships, motor traders, and private clients. More specifically, we know how important it is to be focused on the details. This means we can tailor solutions to suit your particular circumstances.
We have experience with:
Is a car dealership a good investment?
Like with every business, a car dealership can be a lucrative venture with huge scaling opportunities if you put in the hard work. What we can do is to best advise you in relation to your acquisition of a dealership. We've worked with specialised business consultants, accountants, and brokers that can assist you in your investment.
How do you open a car dealership?
In Victoria, if you're selling vehicles on a commercial basis, it's likely you will need an LMCT license. In opening up a dealership, you generally will also need a car-yard (which means leasing a premises) and floor plan finance unless you've got funding.
In addition to the above, if you're selling new vehicles, you will need approval from the manufacturer and a 'franchise' or 'agency' agreement. Opening a car dealership can be an expensive process and you will need assistance in doing so. One of the biggest mistakes we see people make is going to see a 'generalist' accountant or 'generalist' business consultant or 'generalist' lawyers. Automotive law is a niche and specialised market so you need specialised professionals to help you.
We only do what we do best. We don’t dabble in areas that we don’t practice in every day.
We are results-driven. People say you should focus on the journey but we disagree. We focus on the results we get for our clients.
Ever wonder what it’s like being able to “phone a friend” and that friend happens to be your lawyer? We make sure you have a good experience with us every step of the way.