Any one buy and resell cars for profit as a side job?

Discussion in 'General Chat' started by tt3000gt, Aug 28, 2009.

  1. #1
    I was thinking about buying and selling cars for a side job to make a little extra money.

    Just curious if anyone on here was familiar with this, and could give me some tips.

    Do you need you a permit or license to do this? etc...
     
    tt3000gt, Aug 28, 2009 IP
  2. shotse

    shotse Active Member

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    #2
    my dad does this. If you are planning on owning a lot to sell cars you will need a lot of licenses.

    business
    tax
    consumer affairs
    and so on

    if your selling the car out of your house...no licenses, all you need is a phone to call up the dmv to change the registration to the new owner when you sell the car.
     
    shotse, Aug 28, 2009 IP
  3. DomainLegend

    DomainLegend Peon

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    #3
    Looking up at shotse's post it seems quite stressful maybe their is something else you might want to do.
     
    DomainLegend, Aug 28, 2009 IP
  4. tt3000gt

    tt3000gt Member

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    #4
    I plan on doing this from my house, so I can do all the registration changes from phone calls alone?
     
    tt3000gt, Aug 28, 2009 IP
  5. cool_78

    cool_78 Guest

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    #5
    My cousin does that as a side business. He does not need any permits when doing this business.
     
    cool_78, Aug 28, 2009 IP
  6. krolbiz

    krolbiz Peon

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    #6
    Buying cars is not a real asset if compared to buying properties...
     
    krolbiz, Aug 28, 2009 IP