ok i want to go to auctions and buy used, salvaged, repoed cars. Do i need a dealers license for that? if so how much does it cost and how do i go about getting it? Also how many cars can i sell a year in my state (idaho) without getting a dealers license?
2007-02-04 14:50:48 · 1 answers · asked by ilyakharitonov1987 2 in Cars & Transportation ➔ Buying & Selling
Most states dealers licenses are acquired through the state's DMV. Below is a link to their website and it should direct you to the info you need. Generally you are allowed to sell 5 or so cars before you are required to have a license. Almost all true auto auctions require either a dealer or wholesalers license. A wholesaler license is only good for selling to other dealers and the rules are very strict.
Good luck
2007-02-04 15:24:26 · answer #1 · answered by sshaner892000 2 · 0⤊ 0⤋