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Kendo11

Buying and selling cars as business

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Hi there, Due to corona I lost my job and relocated to Thailand with my Thai wife. I am unemployable here in the food manufacturing industry where I have previously held senior positions. I need to earn money and was considering buying and selling cars from my house. Do I need to form a company and register as a dealer before I can do this? Is this a crazy idea? Comments and advice would be greatful received. 

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20 minutes ago, Kendo11 said:

Is this a crazy idea?

Yes crazy idea especially in these covidiocy times..better setup a somtam gai yarng stall..even better a mobile Somtam gai yarng stall so you can go locally to where the customers are..beware you can not work on the gai yarng stall only a Thai person can.

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a friend did that for a while, using his gf name on the cars,

then one day when he had made a couple of good deals

and had 200.000 with his gf, she figured now was as good time as any to cash it

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3 hours ago, FritsSikkink said:

You need a company and a work permit.

And I think like 12,000,000 baht in the bank as a foreigner. 

That's just for starters. 

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4 hours ago, scammed said:

a friend did that for a while, using his gf name on the cars,

then one day when he had made a couple of good deals

and had 200.000 with his gf, she figured now was as good time as any to cash it

Sounds unlikely!

Dealers don't transfer ownership.

They keep the signed transfer papers from the seller, and give them to the buyer.

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Depends on whether the OP is at the coalface of food manufacturing, or a manager. There are farangs here who do quite well selling packaged Western food as a cottage industry, such as pies, pizzas, cakes and sausages.

IMO selling cars from home would be akin to operating a storage facility for nitroglycerine.

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