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Is there a limit to how many vehicles you can sell?
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.
How many cars can you sell in KY without a dealers license?
You need to obtain a Kentucky dealer license if you want to sell more than 5 vehicles in the state within a 12 month period. The licenses are issued by the Kentucky Motor Vehicle Commission, which is the authority that oversees dealership activities.
How many cars can you have in your name in a year?
Federal law doesnt limit the number of vehicles you can register in your name. Depending on state and local laws, you could register as many cars under your name as youd like, provided you have the financial means to purchase them and ample parking space to store them.
How do I renew my Kentucky dealer license?
Open a web browser and navigate to the Kentucky Motor Vehicle Commission URL. o Select the Renew Dealer License button in the Right Navigation bar. You will need a Kentucky.gov account to log into the Renewal Application.
How many cars can one person sell?
How many cars can you sell in each state/province? StateMaximum Number of Cars You Can Sell California 5 Colorado 4 Connecticut 4 Delaware 446 more rows Jun 7, 2023
dealer reassignment form
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How much does it cost to get a dealer license in KY?
If the application is not completely filled out, it will be returned to you. A $40 application fee, plus a $20 fee for each person listed as an owner and $20 fee for each salesperson to conduct a criminal background check, must be submitted with the application. Make check payable to Kentucky State Treasurer.
Who regulates car dealerships in Kentucky?
The Kentucky Motor Vehicle Commission is responsible for: Licensing motor vehicle dealers, salespersons, manufacturers, distributors, and their representatives pursuant to KRS Chapter 190.
reassignment of title by dealer
Application for Motor Vehicle Dealer License
Mail the completed application to the Motor Vehicle Commission office at the address listed below with a processing fee of one hundred seventy‐five dollars ($
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