Importing a car from the UK as a company for further resale?

Sobanek

Hey guys, I've been interested in joining the car business for quite a while, and as a part of my research, I'm doing some on importing cars from the UK.
Is it possible to do it, without actually registering another owner?
What are the procedures?

shooter88

Nct.ie look at FAQ

colm_mcm

Not legally unless you're a proper garage.

As a garage you can take the car in, hold onto it, sell it, then register it to the buyer.

Sobanek

colm_mcm wrote: »

Not legally unless you're a proper garage.

As a garage you can take the car in, hold onto it, sell it, then register it to the buyer.

So it has to be a company registered as a garage, not "John McClane Scumbag Removal Ltd" etc. ?

colm_mcm

I think you need a TAN number


http://www.revenue.ie/en/tax/vrt/leaflets/guide-methods-payment-vrt-traders.html

Sobanek

colm_mcm wrote: »

I think you need a TAN number


http://www.revenue.ie/en/tax/vrt/leaflets/guide-methods-payment-vrt-traders.html

Didn't actually expect it to be so much paperwork, but oh well, that's what I'm studying business for

colm_mcm

Even getting trade plates is a nightmare.

Del2005

Sobanek wrote: »

Didn't actually expect it to be so much paperwork, but oh well, that's what I'm studying business for

Study how many car dealerships have gone bust in the last few years.

With the Euro weak against Sterling it'll be hard to make much money bringing cars in. Then you'll have to offer a warranty. Even if you don't as you plan on being a business you still have to stand over every car you sell due to the Sale of Goods act.

Marcusm

Del2005 wrote: »

With the Euro weak against Sterling it'll be hard to make much money bringing cars in.

EUR has gained 5% against GBP over the past 6 weeks.

Sobanek

Del2005 wrote: »

Study how many car dealerships have gone bust in the last few years.

I know that.