Rules and regulations of car trading
Discussion
Apologies if this has been asked before, but what restrictions are there in terms of buying/selling cars on a small scale?
I'm talking grabbing something for a few hundred quid which needs a little tlc, fixing it up and selling it on for some profit. I used to work with a bloke who did just this and really enjoyed it, but I can't get hold of him to ask him about this kind of stuff.
I've heard you can only sell 5 cars a year before you have to register as a tradesman or something?
I'd like to keep everything above board.
I'm talking grabbing something for a few hundred quid which needs a little tlc, fixing it up and selling it on for some profit. I used to work with a bloke who did just this and really enjoyed it, but I can't get hold of him to ask him about this kind of stuff.
I've heard you can only sell 5 cars a year before you have to register as a tradesman or something?
I'd like to keep everything above board.
seb24 said:
I've heard you can only sell 5 cars a year before you have to register as a tradesman or something?
Dunno about that. I've changed cars more times than that and the DVLA or anyone else has ever batted an eyelid. I'm not saying there aren't regulations and that you should stick to them but I don't think they are checked up on very much. Plenty of "private" traders selling cars from home who I can't imagine are very legal and no one seems to care.
Edited by MysteryLemon on Wednesday 8th April 11:57
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