Becoming a registered car dealer?
Discussion
Just toying with the idea of selling a few cars, not as a means to earning a living, but, just as a little aside.
I’ve looked around (I’m sure I read a thread about it on here sometime), but, does anybody know what it would entail to become a “proper dealer”?
And what sort of pitfalls are there, paying tax and the like?
I feel a little odd asking, but any sort of advice would be much appreciated.
David
PS. Please feel free to move this thread if someone thinks there’s a more appropriate place for it
I’ve looked around (I’m sure I read a thread about it on here sometime), but, does anybody know what it would entail to become a “proper dealer”?
And what sort of pitfalls are there, paying tax and the like?
I feel a little odd asking, but any sort of advice would be much appreciated.
David
PS. Please feel free to move this thread if someone thinks there’s a more appropriate place for it
DavidEVO said:
...does anybody know what it would entail to become a “proper dealer”?...
By selling motorcars for more than you bought them for?In the UK there's no such thing as a 'registered dealer', and as you've mentioned you just have to run it like any other business and pay tax/VAT as necessary.
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