Many states are as high as 15 cars per year! The laws in every state vary. You may not sell a car that is not registered to you personally without a dealers license. However, if you know what to do and where to look, you should find that it’s possible to buy salvage cars at auction without a dealer’s license. They have to go into the office. In the CarFlipping Manual, we recommend that people check with their state to see how many cars they can flip in a year and NOT be required to get a dealers license. To get a licence, you will need to apply to us. When you think of buying a salvage car at auction, you likely Here are some of the steps you may run into when trying to obtain a business license as an auto dealer. You can technically wholesale cars to other car dealers out of your home. If you trade in used motor vehicles at all as part of a business operation, you must: have a motor dealer licence As of January 2020, you are able to sell up to 5 vehicles per year as a private party. Generally, ... Their website states it’s illegal to do the following if you don’t have a vehicle dealer license: You cannot sell more than 4 vehicles registered to you in any 12-month period. Most of the times I do a title transfer so I can get plates. If you buy from a dealer you can't do that but from a private sale you can. So your real estate agent can work from home. (Indiana, for example, lets you flip 12 cars/year without a license...that's one a month!) Unless you are selling your own used car to a third party, your state will likely require you to fill out an application to sell a new or used car to the ordinary consumer as an auto dealer. As you can see in the chart and in the individual outlier state section, there is a lot of variation among states in regards to individuals buying and selling cars without a dealers license. Bill of Sale (Form DMV-7-TR). Additional Information. 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. Most of the times I do a title transfer so I can get plates. The Question of In-Person Dealer Auctions. Buying a vehicle from an individual can help you save money, and selling a vehicle to an individual allows you to make a little extra cash without having to trade in or go to a dealership. Then you don't have to worry about selling a certain amount of cars too. The great news is, to become a successful car trader, you don’t need to be a petrolhead. You are a dealer as a complete entity (and with full license to buy and sell cars for profit) with all the access as any other DMV certified dealer, but without the need of having the building, land lot, surety bond, etc etc. Initial Steps in the Business License Process. That means no licenses needed, dealer education, sales taxes paid, etc if you only want to sell 5 cars per year. Selling your old car is fairly straightforward: list it online or in a magazine and wait for a buyer. Find out more about how to make money flipping cars below. To buy and sell cars for profit, purchase cars sold by their owners through car auctions, classifieds, or Craigslist, since buying cars from dealers usually isn't profitable. So your real estate agent can work from home. I'm not an expert but just like cars as a hobby and usually sell them within say a year of buying them without driving them very much. We cover all aspects of flipping cars for profit including how do do it, how many cars you can sell in a year, how to get a dealer’s license without a car lot, and more. If you buy from a dealer you can't do that but from a private sale you can. Contents and Overview. You just need to know how to strike a deal, recognise a bargain when you see one, and understand exactly what your target market is after. You are a dealer as a complete entity (and with full license to buy and sell cars for profit) with all the access as any other DMV certified dealer, but without the need of having the building, land lot, surety bond, etc etc.