In the USA, you can get a license to buy vehicles with discounts. You have no obligation to sell a vehicle, ever.
The problem arises when you are done with the vehicle. If you are a wholesale dealer, you cannot sell to the public.
You must have a retail dealer's license which usually requires a car lot, posting of a bond, education, testing etc.
In short, it's not worth it just to buy one or two cars.
Go to your local DMV and ask them how to apply for a dealers license.
yes
You can sell 5 without a dealers license. But I would advise you to call your state DMV to check for sure as the law may have changed.
Yes but theres only a few that will do it. Most dealers don't .
seven
The answer is 6................
You can sell up to 4 vehicles a year without being required to have a dealers license.
If you sell even 1 car for a profit you need a dealers license. If you are selling them at a loss then you need no license but what would be the point of that.
Yes they could they could go to private dealers to buy cars and considering new drivers dont need a super car such as a ferrari they could get what they need
If you buy and sell even 1 car for profit you need a dealers license. If you are selling a car and are not selling it for profit you do not need a dealers license. In essence this means if you sell your own car you will not make a profit so you do not need a license.
They are a reseller and do not pay tax when they purchase a car.
If you wish to export vehicles and don't want to register vehicles and pay taxes every time you buy them you have to have a dealers license. For exporters a wholesale dealers license is the best tool you can have to purchase as many cars as you can move without paying taxes.