Buying and selling cars

suprabahamut · 01-02-2008, 10:12 PM

I was thinking of buying 2 or 3 cars thats got some problems, and turn around after their fixed and sell them. I wanted to know if this is legal or illegal with out a dealers license. I was trying to find information on this. does anyone know for sure. My friend has 2 beaters one a galant that needs a transmission, the other a honda with the same problem. He was going to sell them to me for $600 for both because they just sit. So maybe fix them both up and make a profit. So then I thought maybe not just his but some other people I know are getting rid of there junk cars, and make it to where I can get a little extra money. So does anyone know if you can sell cars after their fixed without a dealer license. If you can How many cars can you sell a year before you would be penalized or have to get a dealer licenses.

Busted Knuckles · 01-03-2008, 04:18 AM

I think you'll be fine. Private owners sell cars all the time without a license. I doubt you need one for just two cars. If you want to make a business of it, you may want to investigate getting one. It could make a business venture easier by having one.

suprabahamut · 01-03-2008, 04:42 AM

Do you know how much they cost to get, or any places on the web that has information on dealer licenses.

Busted Knuckles · 01-04-2008, 01:48 AM

Check with the state , city, and county governments. They all have websites now. One of those has to manage the license, and will give you guidelines on who should get one.

01-02-2008, 10:12 PM	#1
suprabahamut 3" Exhaust Join Date: May 2007 Location: greensboro Posts: 242	Buying and selling cars I was thinking of buying 2 or 3 cars thats got some problems, and turn around after their fixed and sell them. I wanted to know if this is legal or illegal with out a dealers license. I was trying to find information on this. does anyone know for sure. My friend has 2 beaters one a galant that needs a transmission, the other a honda with the same problem. He was going to sell them to me for $600 for both because they just sit. So maybe fix them both up and make a profit. So then I thought maybe not just his but some other people I know are getting rid of there junk cars, and make it to where I can get a little extra money. So does anyone know if you can sell cars after their fixed without a dealer license. If you can How many cars can you sell a year before you would be penalized or have to get a dealer licenses.

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01-03-2008, 04:18 AM	#2
Busted Knuckles 12psi boost Join Date: Dec 2007 Location: Atlanta Posts: 300	I think you'll be fine. Private owners sell cars all the time without a license. I doubt you need one for just two cars. If you want to make a business of it, you may want to investigate getting one. It could make a business venture easier by having one.

01-03-2008, 04:42 AM	#3
suprabahamut 3" Exhaust Join Date: May 2007 Location: greensboro Posts: 242	Do you know how much they cost to get, or any places on the web that has information on dealer licenses.

01-04-2008, 01:48 AM	#4
Busted Knuckles 12psi boost Join Date: Dec 2007 Location: Atlanta Posts: 300	Check with the state , city, and county governments. They all have websites now. One of those has to manage the license, and will give you guidelines on who should get one.