How many cars can you sell in one year? I've been told if you sell more than two cars in 12 months your classed as a car trader? Is this true? Also, if this is true, how does it effect you?

Thanks

 

sounds a bit unrealistic that

i sell around 6 cars a year

and im no trader

 

if you sell anything to make a profit its classed as trading and you have to declare it and pay tax legally,but there will be tons of bedroom traders on here that can teach all the dodges.

 

The dude across the road from me sells cars from the house as his full time job, n 2 b fair its all cash dont think he declaires (sorry bout the spellin) any of it hes well dodge

 

Many buy and sell on the sly, the problem comes with thelog book i would imagine.

The seller will want to send it off, you'll have to wait fo it to come through and then the buyer may want to know why your selling so fast

You can always mix things up by putting some in the misses name to cut down the number of cars registered to you in a year.

 

when you buy you buy it with the whole logbook you fill in the trade slip for them to send off, the yellow bit on the top right, what name you choose to put on the trade slip is up to you


they then send that off and it comes out of there name and shows on the dva pooter etc as in trade, worth also noting in trade cars dont need to be sorned either if no tax as there in trade hands


i declare many cars to the tax man but theres prob 20 odd a year i dont

 

Been selling 7 or 8 cars a year for 20 years, never had any probs



Dave

 

some of the big dealerships used to have a yard full of trade in cars, soooo cheap, don't seem to do it anymore though

These where usually 10 year old cars in need of a good scrub for around 500 notes,

 

no, what happens if you change car every 3mths.... you might get bored easy doesnt make you a trader

 

so everyone in theory is a trader as we all sell something at some point to make a profit

 

I've had 5 cars this year

I had 8 last year

No hassle from the DVLA... Reason for all the cars is I bore very easily. My MR2 is a bit of a record. Had it for 4 months now

 

exactly, ive had 3 cars in the past year and bored of this one also

 

i am currently looking to by the fiesta zetec s but not sure what to do its on the market for 1500 is this a good price?

 

To be fair though, mine are all shit

 

Ditto Rab, I get bored easily and swap and change all the time, longest ive had a road going car however is the Vectra which ive had since January (which is going this week incidentally)

I do buy and sell occassionally from auctions though if something comes up cheap enough that I can turn over quickly.

 

Thats what I do. Buy something from the auctions I can use for a few months then sell on for a small profit. BMWs are good for that for some reason

 

dont say you made a profit. sell them at a loss

 

You can get caught out quite easily by putting a bogus name in the trade section

and its not true you do not have to sorn a car if your a trader ,, you get a certain amount of time to sell it on, then if not sold a trader must sorn any car he has

 

Seems like we are all the same! I'm bored lol! No idea what i want now!

 

Apart from the SORN issue I don't think DVLA are that fussed about whether someone is a "Trader" or not. The people with an eye on this are A) the tax man and B) the local Trading Standards Officers. Someone buying a car from a legitimate Trader enjoys additional rights that he doesn't have when buying from an individual.

The TSOs want to make sure Traders aren't ducking their responsibilities, and legitimate Traders are putting pressure on for them to do so in order to level the playing field - as Traders on here know, it's difficult to compete against someone with minimal overheads and no worries about disappearing off into the night!