Jontyclassic"00"

If you buy a car, purely for the excercise of doing up and flogging on, do you need to register it in your name?

Also is there anything else you can or can't do if you do this.

Do you have to register as a business if you do "x" amount of cars each year?

Ta

J

mart360

yes its trading, regardless of how you disguise it

mart

Boro

iTrader: (1)

As far as i know, if you Trade you don't need to register the car in your name.

If you don't trade, you need to register the car in your name.

GaryCat

BMW 635 CSi tonight

GC8

"Register as a business" ? That doesnt really mean anything.

fatherpierre

Buy it, put it in your name, drive it a bit - sell it.

Who can prove if you made any cash?

CrisPDuk

If you do it like that **** Mike Brewer you won't make any

fatherpierre

Indeed.

A couple of hundred notes made - not including the 40hrs+ labour put in by a pretty decent mechanic.

B9GLY

I like the show but when he adds up what hes spent and says £30 on filler and then you see that the mech has stripped and smoothed the hole bloody car over the period of 2-3 days work its not a real price guide as theres no labour charges!

PeteBrant

Problem is, this will add an owner to the number of registered keepers - Which is exactly why traders have thier own section on the log book, so the owner count doesn't go up when they buy stock/take a part ex.