How Do You Become A Motor Trader?
To become a motor trader means to engage in the business of buying and selling motor vehicles. Requirements to become a motor trader vary by jurisdiction, but many have minimum requirements to become a licensed motor trader. If cars and sales peak your interest, then motor trading could be the right choice for you. Step 1 Decide if you want to trade cars to the public or privately. The licenses you need will depend on on this fact. Selling privately does not require a license, but you could face serious penalties under the law. Public motor trading requires licensure, but the requirements vary by jurisdiction. Step 2 Purchase a lot to house the motor vehicles you wish to trade. A legitimate motor trader must have a place customers can come to see the vehicles and process applications to buy a vehicle. In addition some jurisdictions will not approve your application for a business license without a location already secured. Step 3 Apply for a business license to operate a motor trading
