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no. as a private seller you are allowed to tranfer(sell) up to 5 cars for each 12 month period. however it has to be without the intention to make profit. if you are intending to make a profit you are not allowed to sell any cars without a dealer license. there are 2 types of license that i know about, wholesale, in which you can sell up to 25 cars per year but only to other dealers not to the public. if you wanna sell to the public you need a retail license. with a retail license there is no limit as to how many cars you can sell but you need a 50,000 bond versus a 10,000 that you need for a wholesale license.
If you sell more than five vehicles, wholesale or retail, within 12 months, you need a dealers license in minnesota. Jeremiah in Minnesota.
There are many cataolg companies that sell wholesale but I'm not sure if you need to be a dealer to buy from them. Personally, I have quite a few cars for sale below wholesale.
All state require an office for a wholesale license. Many states such as California will allow the office to be in your home for a wholesale license only. A retail license usually requires a "car lot" where your customers go to conduct business. Some states will accept an office, other states require a legitmate car lot and may dictate the size, office space, parking spots etc. With a wholesale license you can only sell to other dealers, in and out of your state. Wholesale dealers cannot sell to the public. Check with your own state DMV to find the licensing agency for your state and to obtain the rules and regulations.
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.
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You can sell 4 without a license.
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In Alberta you are able to sell up to 4 cars per year without the need of a license. If you wish to sell more cars, you need to obtain a dealer's license.
The number varies from state to state. It is not an auction license you need it is a dealers license.
In Alberta you are able to sell up to 4 cars per year without the need of a license. If you wish to sell more cars, you need to obtain a dealer's license.