I been trying to do some research about becoming a used car dealer in New York. But I keep coming in contact with different people who tell me different things. Most these people are either still in the field of question, or used to be in the field.
My MAIN question is:
1)- Can you become a Licensed Used Car Dealer in New York or New York City without having a car lot? I wanted to use my house (2 car driveway and a garage) which houses up to 3 cars off the street at one time.
I have come across people saying YOU NEED a ten car lot inspected by the building inspector and insured. Some people say they never had to do that and they sell the cars from their house and never have had a lot and their house only car store a few cars at most.
2)- How do you go about obtaining the Used Car Dealer License?
3)- What requirements do you need to obtain a Transporter License. And having a Transport License, does this take care of the Dealer Plates?
4)- Do you have to have insurance to be a Used Car Dealer or can your regular car insurance cover you? Example; You drive a car with dealer plates and someone hits you, are you covered by your insurance policy from your regular daily driver car's insurance? Say I am driving your car and I kill someone. And the car is not insured, unbenounced to me, doesnt MY insurance cover it? I hope you get my question. As I type it out it sounds weird.
5)- If you have a New York State Dealer License, can you go to lets say Pennsylvania Car Auction and buy a car on your NYS Dealer License? Or do you need each States License to BUY a vehicle in that specific State? I only want to sell vehicles out of my driveway in NEW YORK (specifically Suffolk County, Long Island)
Any help would be greatly appreciated.
My MAIN question is:
1)- Can you become a Licensed Used Car Dealer in New York or New York City without having a car lot? I wanted to use my house (2 car driveway and a garage) which houses up to 3 cars off the street at one time.
I have come across people saying YOU NEED a ten car lot inspected by the building inspector and insured. Some people say they never had to do that and they sell the cars from their house and never have had a lot and their house only car store a few cars at most.
2)- How do you go about obtaining the Used Car Dealer License?
3)- What requirements do you need to obtain a Transporter License. And having a Transport License, does this take care of the Dealer Plates?
4)- Do you have to have insurance to be a Used Car Dealer or can your regular car insurance cover you? Example; You drive a car with dealer plates and someone hits you, are you covered by your insurance policy from your regular daily driver car's insurance? Say I am driving your car and I kill someone. And the car is not insured, unbenounced to me, doesnt MY insurance cover it? I hope you get my question. As I type it out it sounds weird.
5)- If you have a New York State Dealer License, can you go to lets say Pennsylvania Car Auction and buy a car on your NYS Dealer License? Or do you need each States License to BUY a vehicle in that specific State? I only want to sell vehicles out of my driveway in NEW YORK (specifically Suffolk County, Long Island)
Any help would be greatly appreciated.
