Car Dealer Businesses for sale in South Africa

Check the SAPS second-hand goods registration for the legal entity, premises and approved dealer category. Establish whether it must be replaced or amended after completion, and confirm any NCR registration needed for credit supplied in the dealership's own name.

Match every vehicle's VIN, registration certificate, acquisition invoice, settlement letter and eNaTIS status to the stock ledger. Separate owned, financed, consignment, trade-in and customer vehicles, then investigate duplicate keys, missing documents and delayed ownership changes.

Review returns, repairs, refunds, complaints and Motor Industry Ombudsman cases by vehicle and salesperson. South Africa's Consumer Protection Act can give consumers remedies within six months, so quantify unresolved defects and test whether current provisions reflect actual claims.

Separate vehicle margin from finance, insurance, warranty and administration income. Verify lender appointments, commission statements, reversals, compliance files and change-of-control approval. Confirm whether the dealership merely introduces credit or is itself acting as a registered credit provider.

Check whether the dealership claimed notional input tax on qualifying second-hand purchases and retained the required seller, payment and vehicle records. Reconcile VAT treatment to each stock unit, especially trade-ins, private purchases, repossessions and vehicles bought from vendors.

Review manufacturer or franchise rights, floorplan finance, demonstrator rules, facility standards, parts supply, warranties, roadside assistance and dealer-management software. Identify personal guarantees, security over stock, termination rights and approvals triggered by ownership, director or premises changes.