When doing business in Florida, there are all kinds of opportunities but also requirements that businesses should ensure they are meeting and following. One of these requirements includes licensing requirements to do business in the state. Knowing what those are, and ensuring the business is in compliance, is important for all businesses, including car dealerships in the sunshine state.
Not long ago this Florida automobile dealership and business law blog discussed who may need to secure a dealership license in order to sell motor vehicles in the state. When a private party wishes to sell a single car to another private party, they do not need to be cleared as a vehicle dealer. However, when an individual plans to make a business out of selling multiple vehicles within a statutorily set amount of time, then they must have dealership credentials in order to run their enterprise.
Throughout the state of Florida private parties buy and sell automobiles with regularity. Individuals may post signs in their vehicle windows to let others know that they would like to sell them, and buyers may contact sellers with offers of purchase. Private individuals can transfer vehicle titles between each other once their sales are finalized and can enjoy the profits of their ventures once they are rid of their cars.