How do you become a car finance broker?

When I was helping my friend sell his last car, I learned I really enjoyed working with the broker and now I’m wondering, how can I become a car finance broker?

Answer
I’m glad you discovered a new passion! The good news is, there’s no special certification to become a car finance broker. Some employers do require certification or a higher education degree, though, so it’s important to research qualifications before applying.
The main thing you need is connections. Whether you find a way into working with a dealership or do it on your own, you need to find a way to build your name and credibility. It’s easiest to establish yourself with a dealership, but this is by no means the only way.
However you build your network and establish yourself professionally, the best brokers evaluate the borrower’s credentials and relations with car loan originators. A smart way to separate yourself is by focusing specifically on one auto company or a particular market of borrowers and building a knowledge base that separates you from other potential brokers.
Being a broker and getting into the industry is all about relationship building, something Jerry’s agents know a thing or two about as well. Not only are Jerry’s agents here to answer your questions and provide advice on the best insurance coverage options, but they’re also some of the friendliest people you’ll ever meet! As your life changes, your insurance changes, and Jerry is ready to make those adjustments for you. The average Jerry driver saves $879 a year on car insurance!
Will Baldwin
Answered on Nov 03, 2021
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