How to Apply for an LMCT Licence: Step-by-Step Process
If you are planning to buy and sell motor vehicles in Victoria, Australia, you need a Licensed Motor Car Trader (LMCT) licence. Without it, operating as a dealer is illegal and could result in hefty fines, penalties, or even closure of your business. Whether you are starting a new dealership or adding car trading to your existing business, understanding the LMCT application process is essential. In this article, we’ll break down the step-by-step process to apply for an LMCT licence, along with eligibility requirements, documents needed, and tips to avoid common mistakes. What Is an LMCT Licence? An LMCT licence is a mandatory authorisation issued by Consumer Affairs Victoria (CAV) that allows businesses to legally trade in motor vehicles. This includes: Selling new or used cars Buying vehicles for resale Auctioning vehicles Operating a car dealership Even if you only intend to sell a few vehicles commercially, you must hold an LMCT licence. Who Needs an LMCT Licence? You must apply for...