Step-by-Step Guide to Applying for an LMCT Licence in Victoria
If you’re planning to sell, buy, or trade motor cars in Victoria, you’ll need a Licensed Motor Car Trader (LMCT) Licence. This licence is issued by Consumer Affairs Victoria (CAV) and ensures that businesses in the automotive industry comply with legal standards and consumer protection laws. Applying for an LMCT licence can seem complicated, but with the right steps, you can navigate the process smoothly. This guide walks you through everything you need to know. What is an LMCT Licence? An LMCT Licence allows you to legally: Sell new or used motor vehicles. Operate a car dealership or trade cars at wholesale. Auction motor vehicles. Without an LMCT licence, trading in motor cars can lead to hefty fines and legal action. Step 1: Confirm if You Need an LMCT Licence Not every business in Victoria requires an LMCT licence. You need one if you: Sell, buy, or exchange more than 4 motor cars in 12 months. Auction motor vehicles. Act as a motor car trader for profit. If you’re only selling you...