Generally, you are allowed to sell no more than four vehicles per year without having an auto dealers license under Department of Licensing (DOL) guidelines. However, you are not allowed to title these vehicles in your name without paying either sales tax or use tax.
How many cars can you sell in a year mn?
Although there are limited exceptions, an individual who sells more than five motor vehicles in a 12-month period is generally considered to have engaged in the business of selling motor vehicles and, therefore, must be licensed with the Minnesota Department of Public Safety and maintain an established place of ...
How many cars can I sell in Minnesota?
Minnesota requires you to have a Minnesota Dealer License before you can start selling vehicles. Legally, you are able to sell 5 vehicles a year without a dealer license as long as those vehicles are registered in your name. Not sure if you need a dealer license? Check out this post on selling cars without a license.
How many cars can I sell in North Carolina?
North Carolina residents are legally allowed to sell five vehicles per year without being licensed, as long as the vehicles are registered in your name. To sell any number of vehicles that aren't registered to you is a criminal felony.
How many cars can you sell as an individual?
Generally, you are allowed to sell no more than four vehicles per year without having an auto dealers license under Department of Licensing (DOL) guidelines.
Do I need a license to sell cars in NC?
You need to get a North Carolina auto dealer license if in a 12-month period you buy, sell (or attempt to sell), display, or exchange at least 5 motor vehicles in your name. Additionally, you may not sell any cars that aren't registered under your name without a dealer license.
