2007-01-27 10:56:10 · 10 answers · asked by penny loafer 1 in Cars & Transportation ➔ Buying & Selling
as far as I know its 4. If you want to do it as a business then go for it ligitimately because your local council or trading standards to look out for this sort of thing going on why take the risk?
2007-01-27 11:08:37 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Legally none! The 7 a year urban legend is rubbish.
If you buy one car to sell at a profit you are a dealer and as such liable to all the legalities attatched.
2007-01-27 12:20:32 · answer #2 · answered by Mark B 5 · 0⤊ 0⤋
yo man i do the same thing it is about 7 a year but the trick is to not put the new title in your name just leave it in the old owners name and do not sign it and make sure not to date it and not to let the old owners write how much you bought it for. just make sure when you sell it you sell it for around what it is worth. or at the time the new owner goes to reg. it if is to low of a price they will get the law involved almost happen to me
2007-01-27 11:05:31 · answer #3 · answered by matty21620 1 · 0⤊ 0⤋
Penny .Loafer you can sell any number of cars but Inland Revenue
will be interested in your activities .A low profile might help .I know this from people who were snared .Good luck to you anyway
2007-01-27 11:06:12 · answer #4 · answered by not a mused 3 · 0⤊ 0⤋
Depends entirely on the quality of the cars and how much time you put into it.
2007-01-27 11:03:42 · answer #5 · answered by Magurdrac 2 · 0⤊ 0⤋
Ask the editor of the Daily Mail: hate and fear spurts from every page of this vile **** rag, feverishly gripped in a permanent state of outrage about, well, everything.
You carry on dealing........whatever you do they will HATE YOU.
2007-01-30 06:23:08 · answer #6 · answered by ktbaron 3 · 0⤊ 0⤋
In New Hampshire it is 3
2007-01-27 11:11:01 · answer #7 · answered by ebosgramma 5 · 0⤊ 1⤋
Check with your county DMV and your state DMV
2007-01-27 11:47:29 · answer #8 · answered by Anonymous · 0⤊ 1⤋
USED TO BE TWO, MANY YEARS AGO.
2007-01-27 11:04:37 · answer #9 · answered by Anonymous · 0⤊ 0⤋
I think it's six.
2007-01-27 12:33:13 · answer #10 · answered by mister ss 7 · 0⤊ 1⤋