Get MO Dealer And Business Operating Manual 2017-2024

To get a dealer's license without a lot, you can apply for a wholesale license. Obtaining a wholesale license does not require a lot. However, a wholesale license only allows you to sell, buy, and trade cars among wholesale dealers and you can't sell cars to car end users.

In the State of Missouri individuals and businesses are allowed to sell up to six vehicles per year without a dealer license. If you sell more than six vehicles, you will need to get a dealer license for the type(s) of vehicles that you sell.

Dealer Application Checklist Attend the required four-hour dealer training course. Submit the online background check. Purchase an auto dealer bond and liability insurance. Register your business with the Missouri Secretary of State. Complete the inspection of your dealership's building, lot, and signage.

To get a dealer's license without a lot, you can apply for a wholesale license. Obtaining a wholesale license does not require a lot. However, a wholesale license only allows you to sell, buy, and trade cars among wholesale dealers and you can't sell cars to car end users.

Generally, you are allowed to sell no more than four vehicles per year without having an auto dealers license under Department of Licensing (DOL) guidelines. Additionally, you must pay either sales or use tax when you title these vehicles in your name.

Chapter 301 - Registration and Licensing of Motor Vehicles. Section 301.570 - Sale of six or more motor vehicles in a year without license, prohibited — prosecuting attorney, duties — penalty, exceptions.

Having said that, there is no strict law regarding the number of cars you can sell as a private seller before being considered as operating as a dealership. The general rule has been if you sell 5 or more cars per year as a private seller, the DMV wants you to have a dealer license.

In Missouri, doing this is illegal. Purchasing a car without a title from a used car dealer is also a very easy way to expose you to a lot of harmful schemes and scams and criminal prosecution. Want a free consultation?