Yes, but depending on the state there is a maximum number of cars you can sell without being registered as a dealer.
That being said, if you don't mind waiting a little longer for the sale, you may find that specialty vehicles can be very profitable, often making more profit per car than common vehicles. Some people flip or restore just a few classic or exotic cars per year, but earn up to $30,000 per vehicle in profit alone.
In terms of buying a vehicle and turning around and selling it without registering it, this is against the law, but there are exemptions. Reference California Vehicle Code Section 12120 VC and 12121 has exemptions to 12120.
Japanese cars are easy to flip
If you're planning to flip a car, and don't know where to start, then a Japanese car like a Honda or Toyota are great examples. The market for Honda Civics never seems to lose steam, especially for older, clean examples, and the same goes for the Toyota Corolla.
You can sell up to five vehicles as per the authorities. If you want to sell five cars in a year then you are not liable to pay sales taxes, no license needed, and any other education-related to dealership required.
You cannot sell more than 4 vehicles registered to you in any 12-month period.
This is generally referred to as “curbstoning.” Additionally, Florida law presumes any person, firm, partnership or corporation that buys, sells, offers for sale, displays for sale or deals in three or more motor vehicles in any 12-month period to be a motor vehicle dealer and must have an appropriate license issued by ...
There are two primary ways in which one can make money on salvage vehicles. First, you can use salvage cars to mine for spare parts. Second, one can essentially 'flip' salvage cars to turn a profit. ... It would be unlawful to resell the vehicle without disclosing that it has been rebuilt from salvage.
Setting Your Car Flipping Budget
When setting the budget for your first car flip, people with experience suggest $1,500 as a starting amount. That gives you enough to buy a decent car at auction with moderate to high miles while leaving room to make about $500 to $800 in profit.
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