- Joined
- Aug 28, 2010
- Messages
- 1,299
Only kidding about the drugs.
Ok. So, I am sure a lot of you have the same problems I do... Money! Cars are very expensive hobbies, and for me thats not even the most expensive interest in my live. Music also cost me an arm and a leg! Im a student studying for a degree with a part time job working nights at tesco, so I hardly earn enough to fund my passions as well as living. I have already tried giving up cars to save money and that lasted all of 8 months.
Anyway getting to the point (sorry if I'm babbling on). I am in the process of importing a car from Japan. So far on the Japan side of things everything has gone very smoothly and I have even enjoyed the process of looking for cars, bidding at auction and the tension as I wait to hear if I have won. But what would I have to do if I wanted to import cars to the UK and sell them on legally? Would It be possible to do it just from my driveway? Nothing large scale, just 3 or 4 cars a year for that little bit of extra cash every now and then and also it would be something that I enjoy doing as I would get to see a few different cars that I may not ever actually own.
I had a look around on the internet about being registered but just got a bit confused as most of the stuff I found was for people who wanted to start up a small business or something, rather than just a relaxed occasional trader making a profit every so often. Is this possible? Or would it be a huge headache of taxes, permits, insurance etc for little and almost pointless profit.
No tax evading answers please. If there isn"t a legitimate possibility then there is no possibility
Thanks all!
Ok. So, I am sure a lot of you have the same problems I do... Money! Cars are very expensive hobbies, and for me thats not even the most expensive interest in my live. Music also cost me an arm and a leg! Im a student studying for a degree with a part time job working nights at tesco, so I hardly earn enough to fund my passions as well as living. I have already tried giving up cars to save money and that lasted all of 8 months.
Anyway getting to the point (sorry if I'm babbling on). I am in the process of importing a car from Japan. So far on the Japan side of things everything has gone very smoothly and I have even enjoyed the process of looking for cars, bidding at auction and the tension as I wait to hear if I have won. But what would I have to do if I wanted to import cars to the UK and sell them on legally? Would It be possible to do it just from my driveway? Nothing large scale, just 3 or 4 cars a year for that little bit of extra cash every now and then and also it would be something that I enjoy doing as I would get to see a few different cars that I may not ever actually own.
I had a look around on the internet about being registered but just got a bit confused as most of the stuff I found was for people who wanted to start up a small business or something, rather than just a relaxed occasional trader making a profit every so often. Is this possible? Or would it be a huge headache of taxes, permits, insurance etc for little and almost pointless profit.
No tax evading answers please. If there isn"t a legitimate possibility then there is no possibility
Thanks all!