0
You can sell up to a certain number of vehicles without a license. This varies from state to state. In some states if you sell even 1 for profit you need a license.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Do you need a Georgia deakers license to sell antique cars?
Legally if you sell 1 vehicle for profit you must have a dealers license. It does not matter if it is an antique car of 1 year old car. You can however sell up to 5 cars without a license if you are not making a profit on these sales.
Is there a limit on the number of used cars you can sell without requiring an okla dealer's license?
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.
Is there a license besides a dealers where you can sell a few cars a year as a private person in CA?
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.
Is it illegal to buy and sell cars without a dealer license?
The laws in every state vary. In some states you can sell up to 5 cars without a dealers license, but in other states you need a license to sell even 1 car if you are doing it for profit. Check with your states DMV to find out the law in your state.
How many used cars can you sell without a license in KY?
Legally, in Ky if you sell even 1 car for profit you are considered a dealer and need a license. In other words if you buy a car and are doing so for the express purpose of selling it for profit you are a dealer. If you were to sell a car you had owned for awhile and made a profit on the sale then you are not a dealer. It is all about intent.
How many cars can you sell in one year in California without a dealers license?
Not even 1 if you intent is to sell the vehicle to make a profit. But if you are selling a vehicle you have bought, put in your name, and been driving for years then you are not going to make a profit on it so it is legal to sell. Go out and buy a vehicle and turn around and sell it at a profit and then you need a used car dealers license. It is all about your intent.
Can someone without a dealers license buy and sell several cars in a month even if they put the car in there own name In the state of California?
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.
How many cars can you sell in Alberta a year without 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.
Can you get a license if you do not have a place to sell the cars yet?
Most states, if not all, require that you have a place of business with an address in order to get a license to sell cars.
How many cars can you sell per year in Alberta without 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.
How many cars can you sell in North Carolina without a dealers license?
If you sell 5 or more cars within a 12 month period you are presumed to be a dealer and will be required to have a license. However, if you buy even just one car with the intent to resell it at a profit you must have a license to do so.
How many cars can you sell in va without a license?
you can sell a max of 15 cars a private owner
