toyotafj40s All American 8649 Posts user info edit post |
How many titles can I put into my name before I get a dealer/fee/fine? I think I am at 5 vehicles right now and don't want to go over before the year is up.
Thanks all! 12/2/2015 12:56:06 PM |
benXJ All American 925 Posts user info edit post |
is there a limit for personal vehicles? Are you trying to title all of them in your name this year? 12/3/2015 10:14:55 PM |
wdprice3 BinaryBuffonary 45912 Posts user info edit post |
Pretty sure it is 5, but that's buy/sell transactions I think, not just buying.
[Edited on December 4, 2015 at 10:33 AM. Reason : .] 12/4/2015 10:32:36 AM |
toyotafj40s All American 8649 Posts user info edit post |
ah,
I called the DMV and the lady never heard of this rule. I know several others are aware of it.
Doesn't look like I'll be getting another vehicle so I think I am ok haha.
Thanks all 12/4/2015 12:46:14 PM |
benXJ All American 925 Posts user info edit post |
I think that the above is correct, buy and sell....they really want that dealer registration money.
I recently became a licensed dealer. What a pain. For not much benefit, but I wanted to check it out. 12/4/2015 7:35:16 PM |
underPSI tillerman 14085 Posts user info edit post |
Pretty sure it's more than 5. I want to say 9. 12/6/2015 8:30:54 PM |
Ahmet All American 4279 Posts user info edit post |
I don’t think anybody cares how many you BUY, I think the selling end is where you run into issues. If you’ve legally bought and paid taxes on each one though, I feel like the state’s getting quite a bit of money from that, so I’m not sure they’d be worse off vs. doing it w/a dealer’s license? 12/7/2015 12:39:14 AM |