New York 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 New York car dealer license bond needs. What Are the Different Types of New York Car Dealer Licenses? The New York Department of Motor Vehicles (NYDMV) issues licenses to boat dealers, yacht dealers, and vehicle transporters as well as to dealers selling what we typically think of as motor vehicles—new and used cars, trucks, and ATVs, either as retailers to the public or wholesalers doing business only with other dealers. Our focus here is on the most common dealer license type: used car dealer licenses. What Are the Steps in the Licensing Process? There are certain things you’ll need to do in preparation for submitting an application to NYDMV for a used motor vehicle dealer license. Register your business entity it with the New York State Department of Taxation and Finance (DTF), which can be done online. This will give you the Certificate of Authority and sales tax ID number you’ll need to include on your used auto dealer license application. Secure a permanent business...
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