Learn how to transfer car ownership in NSW. Step-by-step guide for buyers & sellers, including fees, documents & deadlines. Avoid fines & get it done fast.
If you're someone who has several unused cars in your garage, you might be thinking about selling them for hefty cash. However, do you know how many cars you can sell in NSW each year without a dealer's licence?
In this article, we'll talk about this exact number. We'll also talk about the dealer's licence and how you can get one.
You can sell a maximum of four cars in any twelve-month period without a dealer's licence in NSW. However, certain requirements must be met before you can do this:
If you meet all of the above requirements, then you can sell up to four cars per year in NSW without a dealer's licence. If you want to exceed this number, then you will need to obtain a dealer's licence.
Under the Motor Vehicle Act, a dealer is classified as "a person who carries on the business of dealing in motor vehicles as a retailer or on a wholesale basis".
Therefore, if you happen to own a collection of more than four vehicles that you wish to sell, you do not have to get a dealer's licence for that.
But keep in mind that you need to demonstrate to the consumer protection authorities that you are not operating as a car dealer, but rather just selling your personal collection of cars.
However, if you decide to be in the business of acquiring and selling cars, you will need a license. Fortunately, getting a dealer's licence isn't too hard to get.
A motor dealer's licence (known as a dealer's licence) is a requirement for those in the business of buying and selling cars.
It regulates the industry and is intended to give consumers greater confidence in getting what they expect. For example, they should receive the title to the vehicle they are paying for.
This regulation also protects consumers from scams and frauds, such as:
Buying from a registered dealer also gives the consumer some assurance and buyer protection in case the car breaks down within the warranty period.
As per service.nsw.gov.au guidelines, you have to be eligible to obtain a Motor Dealer's Licence.
The eligibility criteria are as follows:
If you tick all these boxes, you may apply online by following the steps outlined on the Service NSW website.
Without a dealer's license, you can sell up to four cars privately in NSW.
However, if you happen to own a collection of 5 or more cars that you wish to sell, you can also do so but be prepared to demonstrate to the consumer protection authorities that you own those cars and are not operating as a dealer.
Becoming a car dealer is an option if you are eligible and wish to carry out buying and selling cars for profit. To do so, simply follow the guidelines on the Service NSW website.
Learn how to transfer car ownership in NSW. Step-by-step guide for buyers & sellers, including fees, documents & deadlines. Avoid fines & get it done fast.
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