Can You Flip Cars Without Registering Them?

Most states won’t allow normal people to transfer titles without a dealer license (also known as title jumping), but make sure to double check with your individual state.

In the case of needing to register a car, you’ll have to account for sales tax as a cost before selling.

I pay sales tax on all my cars, 6% to be exact for Florida, but Florida like many states, allows what you call a tax credit giving you an opportunity to use a previously traded car’s value against the new value and only pay tax on the difference.

This only works on a trade scenario and not a direct sale. That means you must find a dealer locally who will pass your deal through them to save you sales tax over time when you sell or buy a car. This is where partnerships come in handy.

Pejman Ghadimi

For the past 10 years Pejman Ghadimi has used this system to buy and sell over 60 personal luxury and exotic cars. His strategies has helped thousands of people buy the exotic cars of their dreams for as high as 80% off its retail price.

Click Here to Leave a Comment Below 2 comments