How Do You Add A Car Dealer License To An Existing Auto Business?
As a car dealer you will need to get a license if you sell more than eight registered vehicles in one year. With a car dealer license, you will be able to go to dealer auctions and make purchases alongside the mega auto dealers. There will be no limit on the amount of cars you can sell per year. Search on the Internet to find a pre-licensing course for car dealers and then sign up for the course, pay your fee and pass your forty question test. Decide if you want to be a retail or wholesaler dealer. As a retail dealer, you will be able to sell to the public. A wholesaler can only sell to other dealers. Submit an application, photos and a bond to the DMV. There will be an onsite inspection you must pass by a DMV inspector. If all these conditions are met, you will be issued a temporary license at first and a permanent one will come in the mail. Take this license to the car dealer you are working for and ask them to add you to the list of buyers in the office. Evaluate your financial situ