WHAT HAPPENS IF YOU SELL MORE THAN 5 VEHICLES PER YEAR IN NEW YORK STATE WITHOUT A DEALERS LICENSE?

If you sell more than five vehicles per year in New York State without a dealer's license, you may face legal consequences, including fines and potential criminal charges. Selling vehicles without the appropriate license is considered illegal and can result in penalties from the New York State Department of Motor Vehicles (DMV). Additionally, you may be required to forfeit any profits made from those sales and could face civil lawsuits from buyers. It is advisable to obtain the necessary dealer's license to operate legally.