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Check with your attorney or other city officials to determine what licenses and permits are needed. Simply starting up a store without having the proper authorizations can result in severe penalties and you could be forced to discontinue operations. In the usedcar store most states require that you obtain a dealers license if you are buying and selling vehicles for the purpose of making a profit. However you are not required to apply for a license if you only make an isolated or occasional sale. You are not considered to be in the store of selling motor vehicles in that event. Isolated or occasional sales in many states means the sale purchase or lease of not more than five motor vehicles in a 12 month period . SECURING LICENSES AND PERMITSCity county state and/or federal licenses or permits are often required before entering a particular store or service operation. Often these are issued solely as a fundraising measure and are therefore easy to obtain simply by submitting a fee. The Department of Defense maintains a centralized mailing list for the sales of its property located in the United States. The Defense Surplus Bidders Control Office Defense Logistics Services Center Federal Center Battle Creek Michigan 49016 maintains this liStHOW TO DETERMINE THE VALUE OF USED VEHICLESWhether you attend auctions or purchase a vehicle outright from a seller you must know what it is worth. The best way to determine a vehicles average market tradein or wholesale value average loan or average retail value is is to subscribe to the N. A. D. A. Official Used Car Guide published monthly by the National Automobile Dealers Used Car Guid 8400 Westpark Drive McLean VA 221029985. Write for current subscription rates. N. A. D. A. also publishes guides as followss: Official Older Used Car Guide. Official Wholesale Used Car Tradein Guide. Official Title & Registration Book. Official Recreation Vehicle Guide. Official Motorcycle/Snowmobile/ATV Personal Watercraft Appraisal Guide. Official Smaller Boat Appraisal Guide. Official Larger Boad Appraisal Guide. Official Mobile Home Appraisal Guide and the Mobile Home Appraisal System.

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