The rules and regulations
for obtaining a car dealership license are different from state to state.
Namely, every state in the country mandates specific requirements. However
confusing it may sound, you can follow those easy-to-follow rules at DMV.org.
When you start searching, you will see that the lists of obligations are
written without confusing legal jargon.
In
short, these pages offer three separate dealership categories: licensing
requirements, dealer forms and dealer-related information. You'll also find
each state's dealership building requirements including the size of street
signs, size of display lots, number of phone lines, and the posting of
operating hours. And, you'll also uncover tips and advice on state Lemon Laws
and the dangers of deceptive advertising.
How to obtain a dealership
license?
1. Contact your local DMV
Each state in US has its own
requirements for becoming a car dealer and getting the dealership license.
Therefore, you will need to become familiar with the regulations in your state
if you want to start your car selling business the right way. After you contact
your local DMV, you will receive information and paperwork to fill out.
2. There are three things most
states require:
- Pass the DMV test to get a car
dealer license
- Set up a properly zoned (retail
and/or commercially zoned) location
- Get the location approved by
the DMV inspector.
Many county and city governments require at
least a half-acre of paved surface, an office, and the most crucial ingredient
of all, proper zoning. Most local governments will try to keep car dealers
within a narrow strip of roadside and limit the available real estate to as
small of a supply as possible.
3.
Fulfill additional requirements
You
will need several other things to make your car dealing business successful and
legal:
-
A business license (Visit the US Small Business Administration, you will find
there a great deal of useful information and not just rules and regulations)
-
A business plan (Ideally, it will help you to plan for the future and work more
effectively with people, starting today!)
-
Apply for a surety bond
Why
do I need a surety bond?
Car
dealer bonds provide financial guarantees that help regulate the industry. Also,
car dealer bonds protect customers, sellers, financial enterprises and/or
governmental agencies. If a dealer commits fraud or conducts business in other
unethical ways, the bond helps these entities recover from any resulting
financial loss.
Some
common car dealer bonds include:
-
DMV bonds
-
RV bonds
-
Motorcycle dealer bonds
-
Used car dealer bonds
-
Whole sale car dealer bonds
4.
Pass a background check (Most states and most bonding companies will want to
know you have a solid financial history and no crimes in your past)
Information
on Dealers License, LLC
Dealers License, LLC is based in Greenville, South Carolina and helps clients across the country acquire their dealer license. They can assist you whether you are looking for a wholesale or retail dealer license, either of which allow you to access the dealer-only auctions mentioned above as well as buy and sell within the company's retail network. They will also help you 24/7 with marketing assistance, mentoring and coaching. If you would like to learn more, check out: https://www.dlcnetwork.com/.
Dealers License, LLC is based in Greenville, South Carolina and helps clients across the country acquire their dealer license. They can assist you whether you are looking for a wholesale or retail dealer license, either of which allow you to access the dealer-only auctions mentioned above as well as buy and sell within the company's retail network. They will also help you 24/7 with marketing assistance, mentoring and coaching. If you would like to learn more, check out: https://www.dlcnetwork.com/.
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