business.gov.au

Motor Car Trader Licence - Victoria

Description

You will need this licence to carry on a business that buys and sells used motor vehicles.

This applies to dealing in used cars, motorcycles, commercial vehicles and heavy vehicles. It does not include vehicles for use on rails or tramways, motorised wheelchairs, trailers, or farm vehicles. An endorsement to the licence is required if you intend to auction vehicles.

Any person who buys, sells or exchanges four or more motor vehicles in a twelve-month period is considered to be a motor car trader and will need to be licensed.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

Please consult the responsible agency for more information regarding eligibility requirements.

Duration

Ongoing

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

Current fees can be found here.

Other resources

Task Business Structure Resources
Apply All Licensing - Motor Car Traders (Opens in new window)

Act(s) name

Motor Car Traders Act 1986 Victoria

Regulation(s) name

Motor Car Traders Regulations 2018 Victoria

Application process

Apply

Complete and lodge the motor car traders licence application. Your application must include a completed:

  • copy of a current bank account confirming available funds and a copy of a bank statement from any loan account
  • copy of the most recent council statements for any property held by you
  • consent to national criminal history and other record checks form
  • motor car traders declaration of personal finances form
  • motor car traders deed of indemnity form
  • motor car traders proposed business plan
  • motor car traders estimated cash flow projection for the first 12 months of trading
  • if you are currently trading in any other business (e.g. panel beating, mechanical workshop or non-motor car related business), a copy of the Balance Sheet and Profit and Loss Statement for the last financial year - a company Balance Sheet is still required even if the company was recently incorporated
  • unless you are proposing to operate the motor car trading business from a location which was occupied by a licensed motor car trader within the last six months prior to your application, for each of the proposed trading premises you must provide a current planning permit or a letter from the appropriate local council indicating that you can lawfully carry on a motor car trading business at each premises.

Depending on the nature of your application, you may need to complete other relevant forms.

Approval time

Generally within eight weeks

Administering agency

Business Licensing Authority

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.