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  • Writer's pictureEkene Uchenu

Do I Need A Dealer License To Flip Cars

Do I Need a Dealer's License to Legally Flip Cars?

The laws on how many cars you can sell each year do vary from state to state so you are best to carefully research this in your state first. For example in New South Wales you can only flip five cars per year, however in Indiana you can sell twelve cars per year before you have to get a dealers license.

A worker once suggested in a discussion ways to flip casually if you don't have a license.

A way around this is to approach a licensed dealer and see if you can negotiate with him to do the paperwork on any cars over and above the state quota. Of course this is likely to cost several hundred dollars but if you're making $1000 or more per sale, well you're still ahead of the game.

Another way is to do the same idea with family and friends, so basically you're using up their annual quota before you require a dealers license.

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