If you’re planning to buy and sell cars, trucks, or other motor vehicles as a business in Victoria, you can’t simply hang a sign and start trading. State law requires anyone dealing in four or more vehicles a year to hold a Licensed Motor Car Trader (LMCT) licence, issued through the Business Licensing Authority. Getting …
How to Apply for an LMCT Licence in Victoria: A Complete Step-by-Step Guide Read More »
Renewing a Licensed Motor Car Trader (LMCT) licence sounds straightforward, until the deadline sneaks up and a document turns out to be missing, or your premises details are out of date. Consumer Affairs Victoria has little patience for lapsed licences, and even a short gap in cover can put a dealership’s trading rights on hold. …
LMCT Licence Renewal Mistakes to Avoid in Victoria Read More »
Applying for a Licensed Motor Car Trader (LMCT) licence in Victoria means putting your business, your finances, and your personal history in front of a regulator that does not rush. Consumer Affairs Victoria (CAV) reviews every application in detail before anyone is allowed to legally buy, sell, or exchange vehicles for profit. Knowing exactly what …
What Consumer Affairs Checks in an LMCT Application Read More »
If you hold, or plan to apply for, a Licensed Motor Car Trader (LMCT) licence in Victoria, understanding trust account rules is not optional. These rules protect buyer and seller funds during a vehicle transaction, and getting them wrong is one of the fastest ways to put a dealership’s licence at risk. This guide breaks …
LMCT Trust Account Rules in Victoria: A Practical Guide for Dealers Read More »
Starting a small vehicle-trading business often begins with a simple, hopeful question: could you just run it from your garage or driveway? For a lot of would-be dealers in Victoria, home feels like the obvious starting point. It’s cheap, it’s already set up, and it saves the cost of leasing a commercial site before you …
Can You Run an LMCT Business From Home in Victoria? Read More »
If you’re getting ready to open a car or truck dealership in Victoria, you’ve probably already learned that a Licensed Motor Car Trader (LMCT) licence is non-negotiable. What catches a lot of first-time applicants off guard is discovering that the licence application and your premises’ planning status are tied together far more tightly than expected. …
Do You Need a Planning Permit for an LMCT Licence? Read More »
If you’re planning to buy and sell cars for profit in Victoria, you can’t just hang a sign out front and start trading. You need to go through the process of becoming a licensed motor vehicle dealer — officially known as a Licensed Motor Car Trader (LMCT) licence. One of the most common questions people …
Applying for a Licensed Motor Car Trader (LMCT) licence in Victoria is one of the most important steps you’ll take before opening a car or truck dealership. Unfortunately, it’s also one of the most commonly mishandled processes. Every year, otherwise qualified applicants see their paperwork bounced back, delayed, or denied outright — often for reasons …
Why LMCT Licence Applications Get Rejected in Victoria Read More »
Selling a car dealership involves far more than handing over the keys and signing a settlement statement. In Victoria, your LMCT licence is tied to you personally, not to the business premises or the vehicles on the lot, so it doesn’t automatically pass to whoever buys your dealership. Understanding exactly what happens to your licence …
What Happens to Your LMCT Licence When You Sell a Dealership? Read More »
Victoria’s car and truck trading industry draws serious interest from investors well beyond Australia’s borders, and it’s easy to see why. The state has a large, stable vehicle market and a licensing system that, while strict, doesn’t shut the door on people living overseas. If you’re based outside Australia and thinking about buying into a …
Can Overseas Investors Apply for an LMCT Licence in Victoria? Read More »