2006-12-14 07:12:04 · 4 answers · asked by David R 1 in Cars & Transportation ➔ Buying & Selling
Five (5) per year. The sixth one is considered enough by the state to feel that you are serious enough to be a used car dealer. And it also is required by the state that a registered used car dealer sell six (6) or more units to be eligible for license renewal the next year. That figure is prorated throughout the year, but just remember 6 to be a dealer (provided you match other qualifications) or 5 if you want to fly under the radar. I've been a used car dealer in Missouri in time past and am toying with the idea of getting back into it. Not sure if I want to put up with the hassel again. Can be a fun business at times. Then other times.......
2006-12-14 07:23:13 · answer #1 · answered by pygmybilly 3 · 0⤊ 0⤋
5 per year. You'll probaby get a notice from the state when you sell your fourth vehicle that you will be required to apply for a dealer's license if you sell another vehicle. Happened to a buddy of mine.
I stumbled into it when I bought a car from him and they wouldn't let me title it -- had to get my $$$ back from him.
2006-12-14 07:48:15 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
In California it is three per year.
2006-12-14 07:17:22 · answer #3 · answered by smartypants909 7 · 0⤊ 0⤋
I'm not sure but in ill its five
2006-12-14 07:16:35 · answer #4 · answered by lovj 2 · 0⤊ 0⤋