Car question

[enyce2k9]

Ok,

Suppose I own a car, its insured and registered.

Now I want to sell the car and buy another for profit.

If i REGISTER and insure a different car frequently i'm sure i might hit a dead end with a law.


Is there a LIMIT of LAW that forbids a person to buy and sell car, thoe NOT a dealer?

 

[JMWarren]

So why do you want the car if it's just going to sit parked on the street? No Insurance means no coverage for theft, vandalism etc....

 

[lobbyone]

Originally posted by: JMWarren
So why do you want the car if it's just going to sit parked on the street? No Insurance means no coverage for theft, vandalism etc....

 

[CFster]

:shocked:

 

[Strk]

This makes no sense. You want to buy a car and never use it? I mean, you can't drive it if you don't register and insure it, so are you just that desperate the get rid of some money? Would you like to pay off some of my CC while you're at it?

 

[enyce2k9]

fixed post

 

[DeviousTrap]

Originally posted by: enyce2k9
fixed post

Not really, it still doesn't make any sense.

 

[enyce2k9]

ok, edited again. if ya cant read that im the only human being in this thread.

 

[RGUN]

Nothing illegal about that here in Ontario. If you pay taxes on everysale and transfer the ownership everytime than what does the government care.

 

[enyce2k9]

ah ontario, i think its different up there thoe

 

[thehstrybean]

Originally posted by: Strk
This makes no sense. You want to buy a car and never use it? I mean, you can't drive it if you don't register and insure it, so are you just that desperate the get rid of some money? Would you like to pay off some of my CC while you're at it?

Me first

 

[waggy]

ok you want ot buy a car cheap and re-sale it for a profit? and are wondering about the law, insurance etc? i reallyl have no fvcking clue what you are asking.

 

[PAB]

Originally posted by: enyce2k9
Is there a LIMIT of LAW that forbids a person to buy and sell car, thoe NOT a dealer?

This was the question if y'all missed it.

No, there is no limit of law however some states cap the # of cars you can flip in a year.

 

[waggy]

Originally posted by: PAB

Originally posted by: enyce2k9
Is there a LIMIT of LAW that forbids a person to buy and sell car, thoe NOT a dealer?

This was the question if y'all missed it.

No, there is no limit of law however some states cap the # of cars you can flip in a year.

actually not sure if that was the question. the guy was not very clear.


while right. there is no limit on how many you can sell. trouble is you do to many you are considered a dealer. wich imposes tax's and laws on that.

 

[ElFenix]

Originally posted by: enyce2k9
ah ontario, i think its different up there thoe

why don't you contact a lawyer in your state rather than asking ATOT? as there are regulations covering car dealers, i'm sure new york has come up with a definition of car dealer in some statute or another

 

[RU482]

I think it's 6/year in my state (iowa)
not sure how they'd catch you unless you were selling a car every week. The people at the DOT are fvcking clueless