I've had one car totaled out this year (sold to insurance), another I sold privately and I'm about to buy a junker that I'll likely sell after I get something I really like.

My question is, have any of you personally sold more than three cars IN YOUR NAME within a one year period?

Does anyone know what the penalty is for such crime?

I've heard anything more than three and you need a dealer's license...

Experience?

 

I thought it was 4 or 5

 

Florida Auto Dealer Licensing Requirements at DMV.org: The DMV Made Simple

Wasn't that hard, its 3 cars within 12 months. Its also not just selling, but also buying, so as long as you buy or sell less than 3 cars you're good.

 

Yeah. I get that. My question was directed at people who have sold more and gotten a warning or penalty or anything of that nature. I dont plan on selling over that quota within 12mo. But for the life of me i cant find out the penalty for doing so, or if its even enforced.

 

Never knew about this.. never had any repercussions either.. The laws people think of ..

 

It looks like from what I found out, you would have to purchase a dealer's license. It doesn't say anything about fines or whatever, but you probably wouldn't be able to register anymore cars unless you do have a dealer's license.

 

Amazing video clip,