Get used car dealer license

NOTE: This book is written as a nation-wide publication. Most states prohibit unlicensed auto sales for a profit. This book does not "teach" you how to curbstone. It is an educational tool that sheds light on what goes on out there. If you become a dealer, you need to know about curbstoners because they give dealers a "bad name"! The underground used car business is now a billion dollar industry that has been in existence since the advent of motor vehicles. Evidence of this can be seen on a daily basis - that tempting car parked on an vacant lot or along a roadside curb with a " FOR SALE " sign everyone seems to stop and curiously peer into.

Nine times out of ten, the seller of the car is an unlicensed dealer looking to make a fast buck. When someone buys and sells a car without a dealer license, the state gets cheated out of sales tax, the IRS gets cheated out of income tax and since most unlicensed auto sales are untraceable, an innocent buyer who gets screwed over cannot sue because in order to sue, they must know who to sue! States are fully aware the underground car business exists. However, states also know there's not really much they can do about it.

Just about the only thing the state can do is limit the number of cars people can transfer per year. Other than that, because there are thousands of unlicensed transactions occurring daily, states have no choice but to turn their cheek and walk away with their hands tied behind their backs. The greatest advantage unlicensed dealers enjoy is bypassing the requirement of having a dealer's license.

The greatest disadvantages are not being able to buy cars at exclusive dealer-only car auctions and being restricted by the state limit on how many cars that can be sold in a year. They cannot afford a dealer license. They want to build up more money before getting a dealer license.

They simply are not ready to make the big move yet. They are making plenty of money without a dealer license. Nevertheless, all kinds of people purchase my guide: Licensed dealers, unlicensed dealers, people just curious to see what goes on in the auto sales underground, and of course There are countless publications covering all there is to know about buying and selling cars but everyone keeps quiet when it comes to the reality of unlicensed auto sales.

We are the first and only site to expose these practices. I do not promote the practice of buying and selling cars without a license. The purpose is rather to identify this practice and expose the tricks unlicensed dealers use in order to educate the public about the underground auto business. How exactly does the state find out about unlicensed car sales? What's the worst that can happen if the state finds out? What happens when an unlicensed dealer gets sued?

What happens when unlicensed dealers forge or falsify documents? How can people spot unlicensed dealers from a mile away? How are salvaged cars sold without the buyers knowing? How are unlicensed dealers competing with each other? Mail your completed form and fees to your local OL inspector. Participation in the Business Partner Automation Program is mandatory for new vehicle dealers and optional for used vehicle dealers.

The program authorizes our partners to process and issue validated registration cards, full year registration stickers, automobile, commercial, motorcycle, exempt vehicle license plates, and sequential Arts Council License Plates from their remote locations.

Apply for the Business Partner Automation Program. New and used vehicle dealers must obtain a NMVTIS report for any used vehicle offered or displayed for sale, and must display a warning on the vehicle when the report indicates the state has branded the title. Dealers who will be providing automobile servicing and repair are required to file an application with their local Bureau of Automotive Repair office.

The application process takes approximately six to eight weeks and includes a fee. Contact us if you have any questions about applying for occupational licenses. This guide contains additional information for vehicle dealers, including laws and regulations, permits and licenses, records, supplies, and more.

When your chat is over, you can save the transcript. Use caution when using a public computer or device. The DMV chatbot and live chat services use third-party vendors to provide machine translation. Machine translation is provided for purposes of information and convenience only. The DMV is unable to guarantee the accuracy of any translation provided by the third-party vendors and is therefore not liable for any inaccurate information or changes in the formatting of the content resulting from the use of the translation service.

The content currently in English is the official and accurate source for the program information and services DMV provides. Although dealer surety bonds usually require credit checks, keep in mind that Surety Bonds Direct can help you even if your credit isn't perfect. Plus, we offer flexible payment plans to make bonds more affordable for our customers.

We work directly with leading national surety bond companies to give our customers the most competitive rates and the best customer service so that your business can grow, flourish and expand. No matter if you're just starting out in the dealership business or you're an auto business pro—and whether you have a lot or not — Surety Bonds Direct can help you find the right dealer bond for you. You can talk to our bond experts at or use our online quote function to get a quick and easy quote today!

Jason O'Leary. Or Call a Bond Specialist Search by Bond Type or State. Do You Need a Dealer's License? Steps to Get Your License Ultimately, the good news is that you don't have to have any kind of lot space to get a dealer's license. The steps you'll need to follow will include: Contacting your local Department of Motor Vehicles or Department of Licensing to get all the forms and information you'll need.

Filling out your application packet, which typically includes: Paperwork for creating a DBA Detailed business plan Business license for your municipality Background check and financial history Proof of surety bond Sending in your application packet with the appropriate fees and notarizations as required by your state and local laws.

Getting a Surety Bond Whether you have a lot or not, getting a surety bond is essential for becoming a licensed dealer. Jason O'Leary Tweet. Excellent Customer Service.