200+hp240sx

What is this that I hear that as an individual I am only aloud to register an alotted amount of cars per year before I need to be known as a dealer? I had no clue about this law until the DMV starts hasseling me when I go to register a vehicle. I have an issue with never sticking with the same car for more then a month, but I know a lot of people here on drag do the same thing as me and swap from car to car. Are they pulling one over my head on this 5 car in a 12 month period limitation? The lady said that the period starts within the first car registered. If this is true I would have to say it is completely wrong. I am not making money off of these cars, so why should I have to get a dealers liscence?

MAD_DOHC

DMV is right, its just another Virginia law. Keep a car longer than a month, keep the car and don't register it, or deal with it.

RandomTask

Yup, i move cars , just title them in family members name or get a dealers license.

asianmuscle

i went to the dmv and they said that there is no law prohibiting you from selling more than 3 cars in one year, but they just dont want you to do it. but the dmv teller may just be an idiot

200+hp240sx

5 cars is suppose to be the limit. It just isn't right. I am limited on family members I can use, and when I ask of how I could obtain a dealers liscence the teller gives me the shrugged shoulders. I love the dmv

EEK

your only allowed to title 4 cars a year in VA, its been like that forever.. thats why if its a car your planning on fix to sell, dont title/register it or atleast not in your name

EEK

you cant obtain a dealers license w/out having some type or lot or storage facility

MAD_DOHC

Yes you can. Me and a friend were going to get ours to buy and sell cars with, just never did. A lot or storage facility is no issue.

VIRGINIA DEALER LICENSE


Certification of Qualification required: each new dealer&;operator and salesperson must pass written examination ($25.00 fee). If applicant is a dealer in new vehicles with factory warranties, a copy of service agreement with manufacturer or distributor is required. The dealer sales office must be inspected by a DMV investi*gator prior to issuance. Each dealer is assigned a permanent dealer code with up to five digits. Licenses are staggered, fees are prorated, each plate must be insured and all licenses expire on the last day of the designated month. Preprinted re*newal forms are mailed to licensed dealers for renewal purposes.

Dealer License Fee:

$100.00 upon application and renewal of dealer li*cense

$10.00 for each salesman license

Additional fee for Recovery Fund

New dealership must pay $250.00 for three consecutive years without a bond or fund claim being filed.

Annual fee:

$100.00

$ 10.00 renewal for each salesperson.

Multi-year licensing is optional

Fee: $200.00 for dealership

$20.00 each sales person

Nigerian Hair

im sorry,but thats just retarded to keep trading and selling cars once you get them. I think its a good law.

200+hp240sx

think what you want, but I know what I do is not retarded. I will be obtaining a dealer's liscence now thanks to the info given in this thread. I think the problem I really have with this law is it really imposes a limitation on property the average person can buy. There is no restrictions on how many houses you can buy in a set year.