Rules on selling cars, how many before i'm a 'trader'?

Rules on selling cars, how many before i'm a 'trader'?

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Discussion

tuscan_al

Original Poster:

4,107 posts

215 months

Tuesday 7th July 2009
quotequote all
If I was to start selling the cars I buy and do this say once a month, does this make me a trader? Would I have to advertise it so on autotrader etc? The cars would all be registered in my name, and then used insured etc as mine, then just sold on once I'm bored. I have read/heard things about only being able to sell 6 per year?? Does it make a difference too if I make a profit on these?


tuscan_al

Original Poster:

4,107 posts

215 months

Tuesday 7th July 2009
quotequote all
Thanks for all the useful advice, I shall pass it onto the relevant party wink I never plan to make a profit, just wondered where u stand if you do.. Wonder how many people who buy at list then sell for profit ( Audi R8 / GTR's ) declare their 10k + profits ??

Your trader_al biggrin