what kind of licenses do i need to sell cars?

[noob with an RS 10+ year member]

hi, i am a 21 year old smog technician and i work with my father smogging cars here in california. i have decided that i want to get an auto dealer's license so that i can get into car auctions and purchase vehicles for cheap; then sell them for a good profit after i tune them up, clean them up some, and make sure they pass smog. the reason i have made this decision is because we smog a lot of cars for independent car dealers and it seems like its a simple business; buy cars for cheap (cheaper than the public gets them) and sell them. the fact that i have my brother and father (who are VERY experienced in auto repair and such) is a big plus so if i happen to get a messed up/bad car they can help me diagnose without charging me. so in the end i have more to gain than other people would in the business; i have a lot of resources (my dad and many of my uncles have been fixing cars for 25+ years and i have access to all kinds of shop tools and equipment). so this seems like a good route for me to make some cash on the side while i go to school. and my dad will HELP me fund it too! so does anybody know what else ill need besides an auto dealer's license? i've read that i need at least two parking spaces for two cars at the least.. and im working on attaining those.. anyone know if there are any other requirements in getting the auto dealer's license itself? are there any other legal issues i should know about? will i need a seller's permit? a business license? any other licenses i need to know about??? if anyone out there with expericence in owning a business or anything relevant could help me out i would greatly appreciate it. if you guys could point me in the right direction on how to get started that would be great too! wish me luck!! im serious about going through with this and think this is probably the best idea ive come up with to help myself and my future //content.invisioncic.com/y282845/emoticons/tongue.gif.6130eb82179565f6db8d26d6001dcd24.gif

PS - i forgot to mention that i dont plan on opening up a whole lot or building or anything like that; i plan on having no more than three cars at a time (being that im just a 21 year old who cant afford to purchase a whole lot of vehicles! haha) and i read that to be a car dealer only TWO parking spots are required.. for two cars! so im going to work my way up if anything.

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[wilzyx 5,000+ posts]

license to kill

 

[southstylestang 10+ year member]

i think you have to have a sellers licenese. they told my step dad he was going to have to get a sellers licenese if he bought and sold any more cars b/c we have 11 cars here right now. just cars thats been bought and wrecked or is messed up. so im not sure. but i would start by going to the tag office and ask them what you have to do to get dealer tags and licenese's and stuff.

 

[noob with an RS 10+ year member]

ok thanks for the input stang but what exactly is a tag office?how do i find out where it's at around here? //content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif

PS - tila nguyen is hot but i wish she wasn't such a slut

 

[Showrides]

Pm me. I can help you out. I don't know everything about selling cars, but I know a lot about starting a business in general.

 

[southstylestang 10+ year member]

ok thanks for the input stang but what exactly is a tag office?how do i find out where it's at around here? //content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gifPS - tila nguyen is hot but i wish she wasn't such a slut

lol i dont like s!uts either but shes fine by me. i wouldnt turn it down. //content.invisioncic.com/y282845/emoticons/naughty.gif.94359f346c0f1259df8038d60b41863e.gif

 

[Showrides]

Pm me. I can help you out. I don't know everything about selling cars, but I know a lot about starting a business in general.

You left out a few things. Unless the company name is your name, you will need DBA, Tax Id numbers, I am not sure is resellers permit comes with the license made specifically for dealerships. It would make sense that it does. Also, do you know how to do your own taxes? It isn't that hard to learn if you keep track of everything, but if you don't know what you are doing it can cost you a good amount. Those are just a few things off the top of my head.

Ohh one more thing. For liability issues you may want to become a LLC or incorportated.

Also, I went to my local town hall and they can answer most questions. That is a good start.

 

[noob with an RS 10+ year member]

what is DBA? what are tax ID numbers? i dont know how to do my taxes but my dad has a person do our taxes for us and i think he can do it for me? so i would need a reseller's permit on top of a seller's permit?what is LLC or incorporated??