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Old 04-30-2007, 08:16 AM
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Join Date: Nov 2004
Location: Little Rock, Arkansas
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Default Re: Becoming a "dealer"

My tax etc. was about $3500. Ours is higher rate.

Normally You have to have a sign showing your business name and a phone number that customers can call. It can be a side business and not main business. Yet You have to look to be invovled with wholesale and retailing of cars. Most states make it so You cannot just pay a fee and then You are a car dealer. You would have to call your states revenue dept. or may be under something different in state gov. They will tell You as well a send forms etc. to become a dealer.

I have a friend who has a used car company in one part of the state and then bought a Dodge, Jeep, Chrysler and something else. All i can pass on is being a dealer let's You drive the rig and then sell it in case of new truck demo model. His dealer tag can be moved to what ever ride he is driving and not dedicated to just one car. I'm going to assume that no tax is paid on ride to state but, the strict insurance requirement for business most likely would offset the tax not paid unless you could sell some cars along the way to cover the costs.

I do know that my friend has been in the used car retail/wholesale for over 30 years and just got into new car a couple of years ago. I have stopped by and gone to lunch with him and have seen him go and get a set of keys for a new car no tag and a few times switch the tag then we drive off so he can show me what it will do etc. He is trying to get me one of the first new Challengers that come to state and at least the first he gets in his dealership and going to do something to help with taxs by way of him becoming a sponsor and Challenger will get a few mods and then trailered for show, as well as driven, so it will be my car yet he has some plan to work it through the sponsorship deal and I will be promoting his dealership. I have not gone into details as it will be a little while. I id get my diecast Challenger model and the Camaro diecast is shipping today. They were so popular that company sold out in advance the limited number they were making. So I guess the real cars will be just as popular. Sorry for wandering off it just got me to thinking about it.

I know many in my family have driven off in new cars with his dealer plate switched onto it then they or me as well have driven it for the weekend. He tells all what to say if they get stopped by police.

I hope this is helpful in some way as basicly it appears as the plate is tied to the dealership or say to a smalll wholesaler as an individual. I have been thinking about doing the same thing as you but, they do check up on you so I'm guessing You have to do something to look legit.

TAZ
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