Much like setting up any other type of business, starting your own car dealership requires lots of planning, budgeting, and paperwork. Depending on your circumstances, you have to declare your status to HMRC, whether that is registering as self-employed, or registering as a limited company. As you move on with your business, registering as a limited company may be more of benefit to you, as well as things like getting more appropriate cover from your insurer. Below we discuss several points to consider when setting up a car dealership.