When can a motor trader sell a car privately?

[Stenasev]

Hi,

Having just recently started as a part time from home motor trader I am wondering what happens when I want to sell my personal vehicles. I run two personal vehicles which were purchased before I became a trader. I presume I can sell these as a private sale?

What about my future vehicles? Is there any criteria that must be met to sell a car as a private sale, e.g. registered to me, been taxed by me, owned a certain length of time etc?

Yes, I am a bit naive but any advice/opinions appreciated.

Cheers

[Stenasev]

Thanks to everyone for their comments.

As I thought, it is more down to intention when vehicle purchased and maybe what would be considered reasonable use.

As for being a trader long? Maybe, maybe not, but as a second income which I enjoy doing it only has to cover my insurance costs, trade plates etc to be worth doing so I think I'll be alright.

Thanks again all.

[Stenasev]

There is nothing sinister at work here! I am thinking of selling a car I've owned for 5 years. It is currently on it's own insurance policy as would cost more to cancel than keep until expiry.
One of the mediums I advertise on is Gumtree. I came to place the ad and was not allowed to select 'private' as I had previously listed under 'trade'.
Looks like selling as trade only is the way to go. It will only be a couple of personal vehicles a year at most anyway.

Thanks again for the input.

[Stenasev]

JimmyConwayNW said:

Does it not make sense to sell it trade and achieve a higher asking price than a private sale anyway ?

Yes. Yes it does make sense! Thanks