I thought why not try and see if this is for me as a have a couple incentives to help me with the decision. Im fine with that and what all it entails (the fees for a surety bond, liability insurance, etc), but Im not clear as to if I need a physical location that is not my home address to sell the cars from. I am sorry for the situation you are in. Curbstoning is the repeated, unlicensed flipping of used cars for profit. These use the car purchased at auction as collateral (lien) so the approval for obtaining a floor plan (line of credit) is easier than just getting a typical line of credit because there is collateral for the loan. Anyway, I would be interested in speaking with you sometime. No B.S. Heres a breakdown of the different dealer licenses available in Florida, and how much each one costs. We are currently in the process of surveying damage along the path of the tornado and will release more information once our survey is completed. The flipping of cars for profit was never illegal, according to our investigation. money, or other thing of value, Main timing for activity would be sunrise-mid morning for NW areas, and late morning-early afternoon for the east coast. Curbstoners are people who actively and regularly buy and sell vehicles without a license, proper permits or a legally established place of business and who, many times, represent themselves as private sellers in order to attract buyers. A dealer does not sell online. Car flipping is the process of buying a used car at a low price and rapidly reselling it for a profit. I have a friend who is co-located with a garage and a barber shop! One potential law that could be implicated is the Florida Deceptive and Unfair Trade Practices Act. John That is serious money and serious profit margins for a single flip. One of the requirements for obtaining a license in Colorado is a personal net worth of $100,000. There are no sales tax to be paid by a seller. Caution: If you find such a deal please call the above number to insure youre not going to create problems for yourself. The only advice I can give you is contact your states dealer licensing group to see if they have any ideas applicable for your state. Tried to contact the people and the lady offered to take the title back and fix it. If you are considering flipping cars, it is important to consult with an attorney to ensure that you are not violating any laws. The vehicles are clearly sold AS-IS with no warranties. They paid me twice as much as I paid,how would I be wrong in for making a profit if someones willing to pay,thats what the dealers do,why do you need a license to sell,if you dont need a license to buy?Ive seen somewhere that we really dont need a license to drive its not in the constitution,please give me insight on this. I too am looking into obtaining a used car dealer license. Then the flipper does not have to pay any state taxes or fees and there is no paper trail that he owned the car. Research shows that up to one in five vehicles sold outside of licensed automotive dealerships are not legal private party car sales but are illegal sales of curbstoned vehicles.