Curbsiding is defined as the practice of selling vehicles for profit without a proper license. It is an illegal practice, and one that could get you into serious legal trouble. Curbsiders abound in Ontario – in fact, the Ontario Motor Vehicle Industry Council (OMVIC) estimates that of all classified listings for used cars, 25% are posted by curbsiders. Their listings are often difficult to tell apart from legitimate used car listings, since they tend to look exactly the same. One thing curbsiders tend to have in common is that they are selling cars that are not registered in their personal name.
But what if you want to resell cars and be on the level? If your passion for vehicles reaches a point where you are routinely buying and selling cars, there is a way to register yourself as a dealer and turn your hobby into a legitimate business. It is a fairly involved process, but it can be done.
Here’s what you should do, and not do, to stay out of potential trouble.