Category: Uncategorized

August 30, 2021

Washington Car Dealer License Guide

In this article, we’ll walk you through everything you need to get a Washington 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 Washington car dealer license bond needs. What Are the Different Types of Washington Car Dealer Licenses? The Washington Department of Licensing issues dealer licenses in these main categories: Motor Vehicle Dealer (selling new or used vehicles on a retail or wholesale basis) Motor Vehicle Dealer Subagency (an additional location for a motor vehicle dealer) Motor Vehicle Wholesaler (selling used vehicles only to other dealers) Other dealer licenses issued in the state of Washington include licenses to sell mobile homes and trailers, boats, off-road vehicles, and snowmobiles. This article focuses on the licensing of retail motor vehicle dealers. What Are the Steps in the Licensing Process? Before completing a dealer license application, you must have set up a legal business entity and registered it with the IRS to obtain a Federal Employer Identification Number (FEIN) and with the Washington Department of Revenue to obtain a state tax number. You’ll also need to accomplish the following before filling...

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August 30, 2021

Virginia Car Dealer License Guide

In this article, we’ll walk you through everything you need to get a Virginia 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 Virginia car dealer license bond needs. What Are the Different Types of Virginia Car Dealer Licenses? In Virginia, the Motor Vehicle Dealer Board, operating under the auspices of the Department of Motor Vehicles issues two main types of dealer licenses: independent dealer-operator and franchise dealer-operator. This article addresses the licensing of independent dealer-operators selling used motor vehicles on a retail basis. What Are the Steps in the Licensing Process? There are a number of requirements that must be met before submitting an application for a Virginia dealer-operator license: Register your business with the IRS to obtain a Federal Employer Identification Number. Establish a permanent location for your dealership that meets local zoning requirements. Successfully complete the two-day pre-licensing course offered by the Virginia Community College System and the Virginia Independent Automobile Dealers Association (VIADA). Pass the dealer-operator portion of the Dealer-Operator and Salesperson’s Test, which can be taken at any DMV Customer Service Center. Purchase liability...

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August 30, 2021

Vermont Car Dealer License Guide

In this article, we’ll walk you through everything you need to get a Vermont 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 Vermont car dealer license bond needs. What Are the Different Types of Vermont Vehicle Dealer Licenses? Vermont’s Division of Motor Vehicles (DMV) issues different types of licenses for dealers selling different types of vehicles, from new or used cars to motorboats, farm equipment, and highway building equipment. This article focuses on what’s involved in getting licensed as a used car dealer. What Are the Steps in the Licensing Process? Before you can complete your license application, you’ll need to: Register your dealership with the IRS and obtain a Federal Employer Identification Number (FEIN) Use the state’s online Business Services Center to register your dealership with Vermont’s Secretary of State, the Department of Taxes, and the Department of Labor Establish a permanent business location and obtain zoning approval Obtain a local business permit if required in the area where your dealership will be located Obtain a criminal background check from the Vermont Crime Information Center Purchase...

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August 30, 2021

Utah Car Dealer License Guide

In this article, we’ll walk you through everything you need to get an Utah 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 Utah car dealer license bond needs. What Are the Different Types of Utah Car Dealer Licenses? Utah’s Motor Vehicle Enforcement Division (MVED) issues three main types of motor vehicle dealer licenses: New vehicle dealer license Used vehicle dealer license Motorcycle dealer license The most common of these is a used vehicle dealer license, which is the focus of this article. What Are the Steps in the Licensing Process? Before you complete and submit your application for a vehicle dealer license, you’ll need to accomplish certain tasks including: Obtaining a Federal Employer Identification Number from the IRS Registering your dealership with the Utah State Tax Commission and obtaining a sales tax number Completing an 8-hour pre-licensing course offered by MVED or by an approved training vendor Securing a permanent business location Purchasing the required amount of liability insurance Purchasing Workers’ Compensation insurance to cover employees Purchasing a $75,000 Utah car dealer bond Within 5-10 days of receiving...

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August 30, 2021

Texas Car Dealer License Guide

Texas Car Dealer License Guide In this article, we’ll walk you through everything you need to get a Texas 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 Texas car dealer license bond needs. What Are the Different Types of Texas Car Dealer Licenses? The Motor Vehicle Division of the Texas Department of Motor Vehicles issues several types of dealer licenses, each of which is associated with its own General Distinguishing Number, or “GDN,” which identifies the specific type of vehicle being sold. If you will be selling more than one type of vehicle, you’ll need a GDN for each of them. The license categories/GDNs are: Motor vehicle dealer (selling used motor vehicles) Motorcycle (user) dealer Travel trailer (used) dealer Utility trailer/semi-trailer (new or used) dealer To sell new vehicles in any of the above categories except for utility/semi-trailers, you will also need a franchise dealer license/GDN. Our focus here is on the licensing of motor vehicle dealers selling only used vehicles. What Are the Steps in the Licensing Process? Before completing and submitting your application for a standard...

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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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