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August 30, 2021

Tennessee Car Dealer License Guide

In this article, we’ll walk you through everything you need to get a Tennessee car dealer license. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your Tennessee car dealer license bond needs. What Are the Different Types of Tennessee Car Dealer Licenses? In Tennessee, dealer licenses are issued by the Tennessee Motor Vehicle Commission, which is part of the Tennessee Department of Commerce and Insurance. The two major categories of dealer licenses are “franchised motor vehicle dealers,” which sell both new and used vehicles, and “used motor vehicle dealers,” which ell used vehicles only.  Each of these categories is further divided according to the specific type of vehicles sold (e.g., cars and trucks, motorcycles, recreational vehicles, etc.).  This article focuses on the licensing of used motor vehicle dealers. What Are the Steps in the Licensing Process? You can apply online for your initial dealer license through Tennessee’s Comprehensive Online Regulatory and Enforcement System (CORE). Prior to applying, you’ll need to accomplish all of the following: Register your business entity the Division of Business Services. Obtain a Sales and Use Tax Certificate...

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August 30, 2021

South Dakota Car Dealer License Guide

In this article, we’ll walk you through everything you need to get a South Dakota car dealer license. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your South Dakota car dealer license bond needs. What Are the Different Types of South Dakota Car Dealer Licenses? South Dakota’s Motor Vehicle Division, part of the state’s Department of Revenue, issues licenses in several categories: Vehicle dealer (selling new and used vehicles) Used vehicle dealer Mobile/manufactured home dealer Motorcycle dealer Snowmobile and/or boat dealer Trailer dealer Emergency vehicle dealer The most common of these is a used vehicle dealer license, so that is the focus of this article. What Are the Steps in the Licensing Process? You can only apply for a dealer license after you have established your business as a legal entity and registered it with the IRS and the South Dakota Division of Business Services and have obtained a local business license if applicable. Prior to filling out the license application, you’ll also need to: Establish a permanent business location and get a zoning approval letter from the town or county....

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August 30, 2021

South Carolina Car Dealer License Guide

In this article, we’ll walk you through everything you need to get a South Carolina car dealer license. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your South Carolina car dealer license bond needs. What Are the Different Types of South Carolina Car Dealer Licenses? The South Carolina Department of Motor Vehicles issues the following types of dealer licenses: Motor vehicle dealer Motor vehicle wholesaler dealer Motor vehicle wholesaler auction dealer Motorcycle dealer Motorcycle wholesaler RV dealer Temporary RV dealer This article focuses on getting licensed as a motor vehicle dealer retailing new and/or used vehicles. What Are the Steps in the Licensing Process? Before submitting an application for a South Carolina motor vehicle dealer license, you’ll need to: Register your business with the IRS to obtain a Federal Employer Identification Number. Register with the South Carolina Department of Revenue to obtain a sales tax number. Secure a permanent location for your dealership. Attend an approved pre-licensing course. Purchase liability insurance and, if you will have employees, Workers’ Compensation insurance as well. Obtain a Criminal History report from the South Carolina...

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August 30, 2021

Rhode Island Car Dealer License Guide

In this article, we’ll walk you through everything you need to get a Rhode Island car dealer license. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your Rhode Island car dealer license bond needs. What Are the Different Types of Rhode Island Vehicle Dealer Licenses? The Rhode Island Division of Motor Vehicles (DMV) issues different types of licenses for dealers selling: Only new vehicles Only used vehicles Both new and used vehicles Motorcycles and mopeds This article focuses on the licensing of used car dealers. What Are the Steps in the Licensing Process? Before you can complete your license application, you’ll need to: Register your business with the IRS and get your Federal Employer Identification Number (FEIN). Obtain a retail sales permit from the Rhode Island Department of State. Register with the Rhode Island Department of Revenue. Obtain a local business permit if required. Establish a permanent business location and get it approved by the local zoning board and the Dealer’s License and Regulations Office. Purchase liability insurance and Workers’ Compensation insurance (if you will have employees). Purchase a $50,000 Rhode...

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August 30, 2021

Pennsylvania Car Dealer License Guide

In this article, we’ll walk you through everything you need to get a Pennsylvania car dealer license. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your Pennsylvania car dealer license bond needs. What Are the Different Types of Pennsylvania Car Dealer Licenses? Pennsylvania issues three main types of motor vehicle dealer licenses for: New vehicle dealers Used vehicle dealers Motorcycle dealers Other vehicle dealer and related licenses fall into the “Miscellaneous” category. This article focuses on the licensing of Pennsylvania dealers selling used motor vehicles. What Are the Steps in the Licensing Process? Pennsylvania encourages motor vehicle dealers to apply for their initial license and renew existing licenses online through the Pennsylvania Licensing System, or PALS, so the first step in obtaining your dealer license is to register for a PALS account. The system will walk you through the application; simply follow the checklist accessed by clicking in the top right corner of the PALS screen. There are some tasks you’ll need to accomplish offline to obtain documents that will need to be uploaded and submitted with the application, such as:...

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August 30, 2021

Oregon Car Dealer License Guide

In this article, we’ll walk you through everything you need to get an Oregon car dealer license. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your Oregon car dealer license bond needs. What Are the Different Types of Oregon Car Dealer Licenses? Oregon’s DMV Business Licensing Unit issues several types of dealer licenses, the most common of which is the standard dealer certificate, which permits the sale of both new and used motor vehicles. There are other licenses for sellers of motorcycles, ATVs, snowmobiles and so on, but this article focuses on obtaining a standard dealer certificate, which is good for three years before it needs to be renewed. What Are the Steps in the Licensing Process? Before completing and submitting your application for a standard dealer, you will need to accomplish these tasks: Form a legal business entity and register it properly with the IRS and the state of Oregon. Complete eight hours of pre-licensing education offered by an approved provider. Secure a permanent business location and obtain city or county zoning approval. Purchase liability insurance (and Workers’ Compensation insurance...

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August 13, 2021

Oklahoma Car Dealer License Guide

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all your Oklahoma car dealer bond needs. What Are the Different Types of Oklahoma Car Dealer Licenses? Oklahoma issues dealer licenses to 1) retail dealers selling new motor vehicles, 2) dealers selling only used vehicles, and 3) wholesalers selling only to other dealers. This article focuses on obtaining a license as a used motor vehicle dealer, which is issued by the Oklahoma Used Motor Vehicle and Parts Commission (UMVPC) What Are the Steps in the Licensing Process? Download the application for a used vehicle dealer license. Before you fill it out, you’ll need to: Register your business with the Oklahoma Secretary of State. Establish a permanent business location and obtain proof of local zoning approval. Obtain a current report (Name-Based, Sex Offender, Violent Offender) from the Oklahoma State Bureau of Investigation. Purchase a $25,000 garage liability insurance policy. Purchase a $25,000 Oklahoma car dealer bond. Fill out the application in its entirety, get it notarized, and submit it to UMVPC in Oklahoma City, along with...

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August 13, 2021

Ohio Car Dealer License Guide

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all your Ohio car dealer bond needs. What Are the Different Types of Ohio Car Dealer Licenses? The Ohio Bureau of Motor Vehicles licenses motor vehicle dealers in two main categories: dealers selling new motor vehicles and those selling used vehicles. The definition of motor vehicles includes motorcycles, trucks, APVs and other vehicles. There are more used vehicle dealerships than new, so the focus of this article is on the licensing of used vehicle dealers. What Are the Steps in the Licensing Process? There are several things you’ll need to accomplish before submitting a dealer license application. Once you’ve established a legal business entity: Register it with the IRS and obtain a Federal Employer Identification Number (FEIN). Use the Ohio Business Gateway to register the business with the Ohio Department of Taxation and get a tax ID number. Register with the Auditor’s Office in your county to get a Vendor number. Secure a permanent location for your business that meets state requirements for used vehicle...

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August 13, 2021

North Dakota Car Dealer License Guide

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your North Dakota car dealer bond needs. What Are the Different Types of North Dakota Vehicle Dealer Licenses? North Dakota’s Department of Transportation, Motor Vehicle Division (NDMVD) issues the following types of dealership licenses: New or Used Motor Vehicle Dealer Motor-Powered Recreational (MPR) Vehicle Dealer Trailer Dealer Mobile Home and Manufactured Home Dealer Our focus here is on the licensing of used car dealers. What Are the Steps in the Licensing Process? The licensing process in North Dakota is relatively simple, assuming that you have already established a legal business entity and registered it properly with the IRS and the North Dakota Tax Commission. The major steps are outlined below. Secure a permanent business location that meets state requirements and local zoning rules. It must pass an inspection before your used vehicle dealer license will be issued. Purchase liability insurance to cover your dealer plates. If you will have employees, purchase Workers’ Compensation insurance. Purchase a North Dakota car dealer bond in the...

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August 13, 2021

North Carolina Car Dealer License Guide

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all your North Carolina car dealer bond needs. What Are the Different Types of North Carolina Car Dealer Licenses? North Carolina’s Division of Motor Vehicles (NCDMV), part of the state’s Department of Transportation, issues dealer licenses in these categories: New vehicle dealers Used vehicle dealers Distributors selling new vehicles to new vehicle dealers Wholesalers selling used vehicles to used vehicle dealers Manufacturers providing new vehicles to distributors This article focuses on the process for obtaining a used vehicle dealer license in North Carolina. What Are the Steps in the Licensing Process? Here is an overview of the licensing process for used vehicle dealers. Register your legal business entity with the state (specific registration and documentation requirements depend on the type of entity (e.g., sole proprietorship, partnership, LLC, corporation, etc.). Complete a 12-hour pre-licensing course at some point during the 12 months before applying for a used vehicle dealer license. Retain the certificate of completion to submit with your license application. Secure a permanent business location...

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